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
Basis Point
A basis point is 0.01% and is typically used when quoting interest rate changes.
A move of 0.25% is described as 25 basis points.
CAC40
Cotation Assistée en Continu.
The short name for the headline french index which includes 40 companies.
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