What is a central bank

Trading Basics

What is a central bank?

A central bank or monetary authority is a monopolised and often nationalized institution given control over the distribution of money and credit.

Other Trading Basics

Call

An option that gives the purchaser the right, but not the obligation, to buy a security at a certain price.

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Cost of Carry

The cost to a trader of maintaining a position. This might be in form of overnight financing on simple CFD trades but can also include the costs to insure, transport or finance on more complex trades.

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