Eurodollars

Trading Basics

Eurodollars

Dollar denominated deposits held outside the US, and thus outside the control of the US federal reserve. These deposits don’t have to be held in the euro area.

Other Trading Basics

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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CFD

Contract for difference.

An OTC financial derivative where the counterparties agree to exchange the change in a price.

No underlying assets are exchanged.

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