Trading Basics
GFD
An order type that is ‘Good For the Day’. If not filled it will expire at the end of the trading day.
Other Trading Basics
Close to the Money
In options trading when the underlying price of the security is close to the strike price of the option.
Contango
This is when the futures price of a security is above the cash price at maturity. The opposite is backwardation.
Annual Report
The annual audited full year accounts of a particular company along with statements from the Chairman and Chief Executive.
Poured over by analysts for any gems.
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