Trading Basics
ETFS
Exchange Traded Fund. An investment fund traded on a recognized exchange. The fund can give the investor exposure to a certain sector, index or risk. The investor just has to make one purchase of the fund and not all the underlying investments.
Other Trading Basics
Ask Price
The ask price is the level at which a seller is willing to accept a bid on a security.
The ask price is always higher than the bid price.
Also known as the offer price.
Convertible Stocks
A loan that the owner can convert to ordinary shares in that company, given a set of conditions defined in the original loan.
Start learning
Learn the skills needed to trade the markets on our Trading for Beginners course.