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16 September 2021 By GO Markets

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Trading terms glossary
A – B – C – D – E – F – G – H – I – J – K – L – M – N – O – P – Q – R – S – T – U – V – W – X – Y – Z

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West Texas Intermediate (WTI)
West Texas Intermediate (WTI, also referred to as Texas Light Sweet) is an oil benchmark that is central to oil commodity trading. It is one of the three major oil benchmarks used in trading, along with Brent crude and Dubai/Oman.

White Premium
A term used regarding sugar commodities, “White Premium” refers to the difference in price between the raw sugar and white sugar futures markets in Dollars per metric tonne. A higher “White Premium” presents opportunity to buy raw sugar, refine it, and sell the refined sugar for profit.

Working Order
A Working Order typically refers to either a stop or limit order to open. Working Orders are used to advise your broker to execute a trade when your desired tradable asset reaches a specified price.

 

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