The last day in the contract month on which a customer may deal in the product.(May be a significant difference to the Expiry).
An optional order against and existing position to either sell above the current market level or buy below that level at a price specified by you, that will take profits.
With a Limited Risk Account all your positions will have an associated Guaranteed Stop Order attached to them. This means that, should the market move against you, we will guarantee to close all your positions at a pre-specified exact point. In other words, for every trade you open with a Limited Risk Account you must specify a stop to cover the maximum possible loss in your account. As mandatory Guaranteed Stop Orders are essentially a form of insurance against market gaps, they come at a small cost. This will be a premium that will be debited from your account when you place a trade. You should also note that by opting for a Limited Risk Account your Stop will need to be placed further away from your entry level than if you selected a standard account where Guaranteed Stop Orders are not mandatory.
The ability of an asset to be converted into cash quickly, without any price discount and any restriction to size of transaction.
A client is said to be long if he/she has an open buy position.
Spread Betting & CFD trading carry a high level of risk to your capital and you can lose more than your initial deposit.
These trading products may not be suitable for all investors so seek independent advice. View full risk warning