Trading Basics

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Working Order

Orders that have been placed by the trader but not filled.

Other Trading Basics

Actuals

The physical assets behind traded commodity securities.

Arbitrageur

Person, or organisation that uses arbitrage as a strategy.

Cable

Another name for the GBP – USD exchange.

Around half a trillion dollars is traded between the two currencies everyday, making it the third most popular currency pair to trade in behind EUR – USD and USD – JPY.

Start learning

Learn the skills needed to trade the markets on our Trading for Beginners course.