Elliot Wave Theory

Trading Basics

Elliot Wave Theory

A theory about how markets behave. 

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.

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Brexit

The process of the United Kingdom (UK) leaving the European Union (EU) – it is a combination of ‘British’ and ‘exit’.

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ABS

Asset-backed securities.

These are securities backed by assets, like mortgages, which are claimable if the creditor defaults.

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