FCA

Trading Basics

FCA

Financial Conduct Authority, the UK’s financial services regulator.

Other Trading Basics

Contango

This is when the futures price of a security is above the cash price at maturity. The opposite is backwardation.

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Annuity

A guaranteed income for the rest of someones life.

Historically purchased with pension lump sums.

The buyer is swaping cash now for future income.

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