Trading Basics
Long
When a trader buys an asset they become long the asset and hope to profit from an increase in price.
Other Trading Basics
Annual General Meeting (AGM)
This is where shareholders meet each year to vote on the various decisions a company needs to make.
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.
Corporate Action
An event that requires approval or notification of the shareholders of a business.