The last date that a particular contract can be traded.
Some spread betting or CFD markets have a fixed duration. For example futures contracts will expire at a pre-specified date and time in the future. At this point a futures contract is said to have expired and is awaiting settlement. Settlement is when the expired contract is closed at a level normally relating to the market at the time of expiry.
The level of an investment which is at risk. The higher the exposure, the bigger the potential loss or gain.
stock-price chart pattern used by technical analysts to detect when a trend is about to reverse.