Trading Basics
GTC
Good Till Cancelled. An order type that is live until cancelled by the trader.
Other Trading Basics
Abnormal Market Conditions
A term used by brokers to describe a rapidly moving or thinly traded market.
Depending on the terms and conditions, this allows brokers to examine and possibly change trades placed during these conditions.
Cash or Spot Market
Also known as a spot market, cash markets are different to futures contracts, as commodities are traded immediately for cash at the current market price.
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