Trading Basics
ABS
Asset-backed securities.
These are securities backed by assets, like mortgages, which are claimable if the creditor defaults.
Other Trading Basics
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.
At Best
An order type that instructs the broker to get the best possible price they can obtain for a trader or investor
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Learn the skills needed to trade the markets on our Trading for Beginners course.