A position taken in anticipation of a rising market. To go long means to open a ‘buy’ position.
In the context of CFDs or spread betting, longer-term trading refers to strategies where the average duration of open positions would be between a week and several months.
A slang term for the Canadian dollar.
It is the standardised quantity of a financial instrument, such as base currency, underlying asset or shares, per contract.
A lot is the standard number of units in a trading security. In the financial markets, a lot represents the standardized quantity of a financial instrument as set out by an exchange or similar regulatory body.