Gap / Gapping 

The phenomenon of a market trading at a price away from the previous traded price without trades occurring at intervening prices; it more usually, but not necessarily, relates to when a market resume trading after a period of closure.  

Gearing 

Gearing is a measure of leverage used, usually expressed as a percentage. 

A highly leveraged trade would require a small initial outlay in comparison to the notional value of the trade and can be seen as high risk. Small price movements create amplified gains or losses, and therefore losses can exceed deposits made. 

Good For the Day (GFD) Order 

A GFD order remains active in the market until the end of the trading day. 

Good ‘Till Cancelled (GTC) Order 

A GTC order remains active in the market until you decide to cancel it. Your broker will not cancel the order at any time. 

Government Bonds 

Debt security issued by the government. 

Greenback 

A slang term for the US dollar. 

Wholesale Client Confirmation

By accessing this website, you confirm that you meet the “wholesale client” eligibility criteria as defined by the Corporations Act 2001 (Cth). Ox Securities relies on the income and assets test, which specifies that a wholesale client must have an annual income of at least $250,000 or net assets of $2.5 million. Additional eligibility criteria may apply as part of the wholesale application process.

OTC derivatives are leveraged products that carry a high level of risk to your capital.

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