Asset Classes

• Exchange: A marketplace, physical or electronic, where stocks, futures (financial, commodity, currency or index) and mutual funds are traded
• Stocks: A share of ownership in a company
• Futures: A contract between two parties that obligates a seller to provide to a buyer a commodity or other financial asset at an agreed-upon price and date
• Commodities: A raw material which can be bought or sold, either as a physical product or as a futures contract on an exchange, e.g. Soy Beans, Wheat, Sugar, Aluminium, Gold, Live Cattle etc.
• Currencies: The ability to exchange the currency of one country for that of another at a specified price
• Mutual Funds: A professionally managed type of collective investment that pools money from many investors to buy stocks or other assets
• Indexes: A combination of stocks constructed to track a particular market or sector, e.g. FTSE 100 tracks the UK stock market, DJIA, Nasdaq, S&P500 tracks the US stock market, Nikkei tracks the Japanese stock markets etc.

Watch List and Quick Quote

• Symbol: A unique code used to identify each stock
• Last: The last traded price of a specific stock
• Net: The amount a stock has moved from the previous days' close
• Net %: The percentage move of a stock from the previous days' close
• Open: The first traded price of a stock on a given day
• High: The highest traded price of a stock on a given day
• Low: The lowest traded price of a stock on a given day
• Trade Time: The time of the last trade of a stock on a given day
• Bid: The best price that someone is willing to pay for a stock
• Offer: The best price that someone is willing to sell a stock at
• Volume: The total quantity of a stock that has traded on a given day
• Trade: The matching of a buyer with a seller of a given stock
• Settlement: The closing price of a stock on a given day
• 52WK High: The highest traded price of a stock in the last 52 weeks
• 52WK Low: The lowest traded price of a stock in the last 52 weeks
• Market Cap: The estimated value of the company at the current Last price
• Ceiling & Floor: The upper and lower limit imposed on a stock by an exchange for a stock to trade at (only a few exchanges impose this)
• F: This denotes the stock's price on a Futures exchange
• Alias: This is a user-defined description of a symbol or stock

Buy/Sell

• Limit Order: An order to buy or sell a stock at a pre-determined price
• Market Order: An order to buy or sell a stock immediately, at the current market price
• Stop Order: Also known as a stop loss order, is an order to buy or sell a stock once the price of the stock reaches a specified price, known as the stop price - when this price is reached the order becomes a Market order
• Stop Limit: An order to buy or sell a stock once the price of the stock reaches a specified price - when this price is reached the order becomes a Limit order
• Volume: The total quantity of a stock that you wish to buy or sell
• Cash: The total cash value of a stock that you wish to buy or sell
• Short Selling: Short selling is when you sell an instrument you do not own in the hope that the price will fall, therefore allowing you to buy it back at a profit.
• Margin: You can buy or sell certain instruments by depositing a fraction of the whole price of that instrument rather than paying the whole price.

Profit & Loss

• Currency: The currency used to show your overall profit/loss in US$
• My Account: The current size of your account, i.e. the funds you started with plus/minus your profit/loss
• P/L: The amount of profit/loss on positions that have been closed and that are still open
• Cash Available: The cash available to be able to trade with, which takes into account your profit/loss and any cash used to finance your open positions
• Currency: The currency used to show your profit/loss in a given stock, usually the currency in which the stock trades – this is converted to US$ to show your overall profit/loss
• Symbol: A unique code used to identify each stock
• Position: The net quantity of a stock bought or sold that has not been closed, i.e. that is still open

My Trades

• Symbol: A unique code used to identify each stock
• B/S(Buy/ Sell): This shows if a stock has been bought or sold
• Status: This shows one of the four stages an order is at – Completed, Waiting, Amended or Cancelled
• All: This shows all your orders
• Completed: This shows completed orders
• Waiting: This shows orders that are awaiting completion
• Cancelled: This shows orders that have been cancelled
• Price: The price at which the order has been completed or at which it is awaiting completion
• Volume: The amount of stock that has been bought or sold or is waiting to be bought or sold
• Order Type: There are three different Order Types – Market, Limit and Stop
• Order Time: The time the order was submitted/placed
• Stop Price: The price at which a Stop Order is triggered
• Error Message: This is displayed in the event or an irregular order or a problem occurring