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
American Option
An option that can get exercised at any time during its life.
European options can only be exercised at the end.
Commodities
A commodity is a basic good where the quality of the product won’t differ depending on where it’s sourced.
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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Learn the skills needed to trade the markets on our Trading for Beginners course.
