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
CFD
Contract for difference.
An OTC financial derivative where the counterparties agree to exchange the change in a price.
No underlying assets are exchanged.
Alpha
This is a measure of price performance vs a benchmark.
If a trader makes 10% per annum and the index makes 7% the trader has an alpha of 3%.
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