Glossary

Steamer: what it means in exchange trading

A horse whose price shortens sharply as money comes for it.

A horse going from 8.0 to 5.0 in the last 15 minutes is a steamer. Not every steamer wins; our movers page tracks how steamers have actually done.

A horse whose price lengthens as the market loses interest in it.

A comparison of the money waiting to back against the money waiting to lay.

A trade that backs first and aims to lay at a shorter price.

18+. Trading on exchanges carries real risk and many people lose money. Set limits before you start. Support: BeGambleAware, GAMSTOP.

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