Trading Basics
Balance of Payments
Also BoP. This is the difference between payments into or out of a country. It can be negative or positive and is used by traders in fundamental analysis.
Other Trading Basics
Bank of England
The UK’s central bank responsible for setting interest rates for Sterling and maintaining stability in the UK’s financial industry.
Contango
This is when the futures price of a security is above the cash price at maturity. The opposite is backwardation.
ASX 200
A term used for the index of the top 200 shares on the Australian Securities Exchange, also AUS 200.
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