A trade is done when a trader's bid matches another trader's offer, enabling them to buy and
sell to each other at the agreed upon price. For example, the average spread between the bid (the highest price someone is willing to buy at) and offer
(the lowest price someone is willing to sell at) in the emini S&P 500 futures
market is around 1 tick or 1/4 of a full point.
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It's easy to open a basic online trading account. Almost all
will enquire as to whether or not you are employed and gather basic financial
information, which includes your net worth and how much money you make
each year. It was DSF tradition to open the academic year with
one of the students ringing the bell at NYSE Euronext.
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