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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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W

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.

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.

Learn more about Working Orders

 

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