Trading Basics
LOT
A standardised FX transaction size equal to 100,000 of the base currency.
Other Trading Basics
Close to the Money
In options trading when the underlying price of the security is close to the strike price of the option.
Close A Position
When a trader places a trade to reduce their position to zero.
They are closing their position.
Annual General Meeting (AGM)
This is where shareholders meet each year to vote on the various decisions a company needs to make.
Start learning
Learn the skills needed to trade the markets on our Trading for Beginners course.
