Trading Basics
UK 100
A broker name for the FTSE 100 index. For trademark reasons brokers aren’t allowed to name the market the FTSE 100.
Other Trading Basics
Basis Point
A basis point is 0.01% and is typically used when quoting interest rate changes.
A move of 0.25% is described as 25 basis points.
Book Building
When a new share is issued book building is the process institutions go through to gauge demand and therefore price.
This goes on before the share is available to trade on the exchange.
Start learning
Learn the skills needed to trade the markets on our Trading for Beginners course.