Trading Basics
WTI
West Texas Intermediate oil is a type of oil. Because of its constituent elements and cost to transport, it can differ in price to other oil types, like Brent Crude.
Other Trading Basics
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.
Counterparty
You need at least two parties in a financial transaction, they are counterparties.
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Learn the skills needed to trade the markets on our Trading for Beginners course.
