Trading Basics
WTI
West Texas Intermediate oil is a type of oil. Because of its constituent elements and cost to transport, it can differ in price to other oil types, like Brent Crude.
Other Trading Basics
Black Box Trading
Also referred to as automatic or algorithmic trading.
The trader does not need to see the system in operation, in effect its a black box.
Close to the Money
In options trading when the underlying price of the security is close to the strike price of the option.
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