Trading Basics
Contango
This is when the futures price of a security is above the cash price at maturity. The opposite is backwardation.
Other Trading Basics
Corporate Action
An event that requires approval or notification of the shareholders of a business.
ADR
American Depositary Receipts or ADRs. These are shares of foreign companies listed on exchanges in the USA in dollars.
They allow US investors to get access to overseas shares without the hassle of having to exchange currency, open brokerage accounts overseas and so on.
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Learn the skills needed to trade the markets on our Trading for Beginners course.