An exchange rate for immediate settlement.
The difference between the bid and the ask price of a security or asset.
Spread charts show the buy and sell prices plotted into a dual line chart format. A blue line represents the buy price and an orange line represents the sell price; the shaded area is the difference between the two, or ‘the spread’.
A chart indicator used in technical analysis to determine potential trend reversals, indicating an overbought or oversold market condition.
A market on which securities are traded.
Stock indices are a compilation of a number of stocks into one total price, allowing investors to easily follow the performance of certain groups of stocks.
An exchange member firm which provides advice and dealing services to the public as well as trading on its own account.
Stop entry order
Stop-entry orders allow you to enter a transaction at a selected target price and within a set time period. A stop-entry order to buy is an order at a price above the prevailing market price. A stop-entry order to sell is an order at a price below the prevailing market price. Stop-entry orders are usually subject to slippage.
An order placed to automatically close your position when the price reaches your specified stop-loss price. A stop-loss order is designed to limit a loss on a position. This is not always guaranteed, however, as market conditions may cause the trade to be exited at a slightly different price, due to market gapping or slippage. Also known as a stop order.
An order to close a position when prices pass a certain point. A stop order can be attached to an existing position (known as a stop loss) or used to initiate a new position (see Order to open).