Trading Basics
EDSP
Exchange Delivery Settlement Price. The price at which an exchange settles a derivative, like a future.
Other Trading Basics
Book Building
When a new share is issued book building is the process institutions go through to gauge demand and therefore price.
This goes on before the share is available to trade on the exchange.
Cut and Reverse
When a position is fully reversed and an opposing position taken in a single trade.
Commodities
A commodity is a basic good where the quality of the product won’t differ depending on where it’s sourced.
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