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Trader's Glossary

Glossary

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There are currently 2 names in this directory beginning with the letter W.
W
Working Order
A Working Order or a Pending Order is a general term for Stop Orders and Limit Orders like Buy Stops, Sell Stops, Buy Limits and Sell Limits. These Working Orders are triggered when the market reaches the prices the Working Order is set to trigger at.
WTI
WTI stands for West Texas Intermediate is a grade of crude oil and one of the 3 main global oil benchmarks. The other two being Brent crude and Dubai crude.