Trader's Glossary

Commodity

Commodities are goods of standardised quality and quantity, traded over an exchange. Hard Commodities include crude oil, gold, silver and platinum. Soft Commodities include wheat, corn, coffee and sugar.
Did you know?

Telephones and telex used for trading quotes were replaced in 1973, as Reuters introduced computer monitors.

Word of the day
"Day Order" - A trade order that is valid until the end of the given trading day, at which point it automatically expires. Day Orders are also known as Good for the Day Orders.
Pro Tip

Most market activity occurs when at least two market centres are open at the same time.

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