Euribor

Trading Basics

Euribor

Euro Inter Bank Offered Rate. This is the rate banks can borrow form one another for 3 months. Set daily the rate is used to settle and price trillions of dollars of Euro denominated debt and derivative agreements around the world.

Other Trading Basics

Balance

A summarised financial result of all funds deposited in, and withdrawn from the customer’s account, and of all closed positions in that account.

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Cost of Carry

The cost to a trader of maintaining a position. This might be in form of overnight financing on simple CFD trades but can also include the costs to insure, transport or finance on more complex trades.

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