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
Book Value
A valuation of something using its net assets on the balance sheet.
A very rough way of valuing an asset because it ignores the intangibles.
Close to the Money
In options trading when the underlying price of the security is close to the strike price of the option.
Start learning
Learn the skills needed to trade the markets on our Trading for Beginners course.
