Trading Basics
At Best
An order type that instructs the broker to get the best possible price they can obtain for a trader or investor
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.
Cut and Reverse
When a position is fully reversed and an opposing position taken in a single trade.
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.
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