Trading Basics
Eurodollars
Dollar denominated deposits held outside the US, and thus outside the control of the US federal reserve. These deposits don’t have to be held in the euro area.
Other Trading Basics
Collateral
The resources put up by the trader to enter a trade.
Requested by the counterparty and normally in the form of cash but sometimes other liquid assets like shares.
Asian Session
When the majority of Asian markets are open and trade.
Typically 23:00 to 08:00 GMT.
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