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.
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.
Contingent Orders
Orders that instruct a broker to another action if filled. The typical action is to place a stop or limit order on the trade.
Start learning
Learn the skills needed to trade the markets on our Trading for Beginners course.