1 Common Terms


A statistical indicator that characterizes the degree of price volatility. An important financial indicator that displays the measure of the risk of using a financial instrument for a given period. Volatility is expressed in absolute or relative value from the initial value.


Price movement in the opposite direction relative to the main current trend. Occurs due to overbought or oversold financial instrument.


Borrowing capital from a broker to increase investment returns. For example, with $200,000 in the account, a trader can manage $10,000,000 (the leverage is 1:50).


The situation when the balance of free margin dries up and the transaction can be closed by the broker without the participation of the trader. To avoid closing, the trader can replenish the account or close part of the open trades.


The status of the trader’s deposit, which does not take into account current operations. After the completion of each transaction, the state of the balance changes. If there is a profit in the transaction, the balance amount increases, if the transaction is unprofitable, the balance amount decreases.


Government measures to stabilize the economy. Such measures are carried out by changing the number of revenues and/or expenditures of the state budget.


The process of managing money or securities with the transfer of rights. The investor transfers the rights to manage capital to a professional manager to increase income. The asset management service allows you to receive high income by investing in various financial market instruments and competent portfolio management of such instruments. The manager’s fee is usually a percentage of the profits.


Market participants who buy financial instruments with growth potential in the future. The main task of the bull is to buy assets cheaply with further resale at high prices. This operation is called “opening a long position”.


Market participants that sell securities with the potential to lower their prices in the future. For example, when a company expects negative reporting or a financial instrument goes into a crisis period. The main task of the bears is to sell at a high price with the subsequent purchase of assets at low prices. This operation is called “opening a short position”.

10. CFDs

An agreement on the exchange of the difference in the value of a particular asset from the moment the contract is opened until the moment it is closed. With CFD trading, traders speculate on rising or falling prices in rapidly changing markets.


The international electronic system of instant money transfers. SWIFT payments guarantee the complete security of the transfer and minimize the risk of losing money. With SWIFT, you can quickly transfer funds around the world in any currency.


Opening time of world markets after weekends or holidays. Market opening times vary from country to country and depend on the time zone and start time of the business day. Due to the difference in time zones, it can be said that the market works around the clock, as it opens in turn in different regions.

World Stock Exchanges Trading Hours (24-hour format) Monday – Friday:
NYSE (New York Stock Exchange) 04:00-20:00
04:00-09:30 Pre-Trading Session
09:30-16:00 Core Trading Hours
16:00-20:00 Extended Hours
JPX (Tokyo Stock Exchange) 09:00-15:00
09:00-11:30 Morning Session
12:30-15:00 Afternoon Session
LSE (London Stock Exchange) 05:05-17:15
05:05-07:50 Pre-Trading
08:00-12:00 Regular Trading
12:02-16:30 Regular Trading
16:40-17:15 Post Closure
HKEX (Hong Kong Stock Exchange) 09:00-16:00
09:00-09:30 Opening Session
09:30-12:00 Morning Trading Session
13:00-16:00 Afternoon Trading Session
NSE (India National Stock Exchange) 09:15-15:30
Bovespa (Brazil Stock Exchange) 10:00-16:00
10:00-16:55 Trading Session
17:30-16:00 After Market Trading Session
ASX (Australian Stock Exchange) 07:00-18:50
07:00-10:00 Pre-opening Phase
10:00-16:00 Normal Trading
16:12-18:50 Overnight Trading
FWB (Frankfurt Stock Exchange – Deutsche Boerse) 09:00-17:30
JSE (Johannesburg Stock Exchange) 09:00-17:00
NDXB (NASDAQ Dubai) 10:00-15:00
10:00-14:45 Continuous Trading
14:55-15:00 Trading at Last
SSE (Shanghai Stock Exchange) 09:15-15:30
09:15-09:25 Opening Session
09:30-11:30 Morning Trading Session
13:00-15:00 Afternoon Trading Session
15:00-15:30 Extended Hours
NZX (New Zealand Stock Exchange) 10:00-16:45
TSX (Toronto Stock Exchange) 09:30-17:00
09:30-16:00 Continuous Trading
16:15-17:00 Extended Hours