Offsetting Transaction
[概述]Intrading,anactivitythatexactlycancelstherisksandbenefitsofanotherinstrumentintheportfolio.Anoffsettingtransactionisused
Trade Trigger
[概述]Anytypeofeventthattriggersasecuritiestrade.Atradetriggerisusuallyamarketcondition,suchasariseorfallinthepriceofanindexor
Reinsurance Sidecar
[概述]Alimitedpurposecompanycreatedtoworkintandemwithinsurancecompanies.Reinsurancesidecarswillpurchaseaportionorallofaninsura
Online Trading
[概述]Theactofplacingbuy/sellordersforfinancialsecuritiesand/orcurrencieswiththeuseofabrokerage'sinternet-basedproprietarytrad
Implementation Shortfall
[概述]Intradingterms,thedifferencebetweentheprevailingpriceorvaluewhenabuyorselldecisionismadewithregardtoasecurityandthefinal
Vancouver Stock Exchange (VAN) .V
[概述]AdefunctstockexchangeformerlylocatedinVancouver,BritishColumbia.Alargenumberofsmallcapandexplorationcompanies'stockswere
Multiple Compression
[概述]Theeffectthatariseswhenastocktradesatacertainmultipleand,whileearningsmaybestrong,thestockpricedoesn'tmoveup(orevengoesd
Firm Quote
[概述]Apricequoteonasecurity,madebyadealerormarketmaker,thatguaranteesabidoraskpriceuptotheamountquoted.Thisdiffersfromanomina
Active Management
[概述]Theuseofahumanelement,suchasasinglemanager,co-managersorateamofmanagers,toactivelymanageafund'sportfolio.Activemanagersr
With Discretion
[概述]Atypeoflimitorderthatcanbemodifiedbyafloorbrokeraccordingtohisorherownjudgment,allowinghimorhertobuyorselltoasetpointbey
Associated Person
[概述]Thenamegiventoparticipantswithinthefuturesmarketthatareinvolvedinthesolicitationorfacilitationoftransactingcustomerorder
Protective Stop
[概述]Astrategythataimstolimitpotentiallossestoadesiredamountbyusingastop-lossorstop-limitorder.Forexample,atraderorinvestorma
Market Maker Spread
[概述]Thedifferencebetweenthepriceatwhichamarketmakeriswillingtobuyasecurityandthepriceatwhichthefirmiswillingtosellit(thediff
Uptick Rule
[概述]AformerruleestablishedbytheSECthatrequiresthateveryshortsaletransactionbeenteredatapricethatishigherthanthepriceofthepre
Zero Plus Tick
[概述]Asecuritytradethatisexecutedatthesamepriceastheprecedingtradebutatahigherpricethanthelasttradeofadifferentprice.Formoret
Contingency Order
[概述]Anorderthatisexecutedonlywhencertainconditionsofthesecuritybeingtraded,oranothersecurity,havebeenfulfilled.Suchprerequis
Short Hedge
[概述]Aninvestmentstrategythatisfocusedonmitigatingariskthathasalreadybeentaken.The"short"portionofthetermreferstotheactofshor
Boston Stock Exchange (BSE) .B
[概述]OneofseveralregionalstockexchangeslocatedthroughouttheU.S.Asthenamestates,theexchangeislocatedinBoston,Massachusetts.The
Day Trader
[概述]Astocktraderwhoholdspositionsforaveryshorttime(fromminutestohours)andmakesnumeroustradeseachday.Mosttradesareenteredandc
Wide Open
[概述]Thesituationattheopeningofatradingdaywhenthereisawidespreadbetweenthebidandaskpricesforasecurity.Thissituationcanarisebe
Liar's Poker
[概述]AgameoftenassociatedwithWallStreettraderswhousestatisticalreasoningandbehavioralpsychologytacticstogamble.Liar'sPokerisf
Predictive Market
[概述]Aspeculativemarketthatisbasedonspeculationsregardingevents,suchaswhowillwinanelectionorwhetherasportsplayerwillberesigne
Services Sector ETF
[概述]Exchange-tradedfunds(ETFs)thatinvestineithertheconsumerservicessectororfinancialservicessectorofaneconomy.Aconsumerservi
Freight Derivatives
[概述]Afinancialinstrument'svaluethatisderivedonthefuturelevelsoffreightrates,suchas"drybulk"carryingratesandoiltankerrates.Fr
Special Memorandum Account - SMA
[概述]Aspecialaccountwhereexcessmargingeneratedfromaclient'smarginaccountisdeposited.Alsoknownas"specialmiscellaneousaccount".
Model Risk
[概述]Atypeofriskthatoccurswhenafinancialmodelusedtomeasureafirm'smarketrisksorvaluetransactionsdoesnotperformthetasksorcaptur
Pairoff
[概述]1.Apurchaseofsecuritiestooffsetapreviouslytransactedsaleofthesamesecurity.2.Atransactioninsecuritiesmarketswhereoff-sett
Gapping
[概述]Ingeneral,atradingstrategyinwhichtheparticipantborrowsshortandlendslong.Thisstrategygivesthelenderanoverallbetterinteres
Gold Option
[概述]Anoptiontobuyorsellgoldbullionatafuturedateatasetprice.Thedate(deliverydate),quantityandprice(strikeprice),areallpredete
Intermarket Analysis
[概述]Theanalysisofmorethanonerelatedassetclassorfinancialmarkettodeterminethestrengthorweaknessofthefinancialmarketsorassetcl
SuperMontage
[概述]AfullyintegratedorderentryandexecutionsystemusedbyNasdaqforallsecurities'transactions.TheSuperMontagesystemhasreplacedth
Kakaku Yusen
[概述]ThesystemofpricingthatisusedbytheTokyoStockExchange.UndertheKakakuYusensystem,alower-pricedtradeisgivenpriorityoverahigh
Creeping Tender Offer
[概述]Atakeoverstrategyinvolvingthegradualacquisitionofthetargetcompany'sshares.Acreepingtenderofferisconductedthroughtheopenf
Clearing Broker
[概述]Amemberofanexchangethatactsasaliaisonbetweenaninvestorandaclearingcorporation.Aclearingbrokerhelpstoensurethatthetradeis
Strong Buy
[概述]Atypeofstockpurchasingrecommendationgivenbyanalystsforastockthatisexpectedtodramaticallyoutperformtheaveragemarketreturn
Stag
[概述]Aslangtermforshort-termspeculator.Inotherwords,astagissomeonewhotradesfrequentlyandtriestomakequickprofitsinashortamount
Remargining
[概述]Theprocessofbringinganaccountuptominimumequitystandardsbydepositingmorecashorequity.Thistypicallyoccursaftertheaccountho
Freeriding
[概述]1.Anillegalpracticeinwhichanunderwritingsyndicatememberwithholdspartofanewsecuritiesissueandlatersellsitatahigherprice.2
Absolute Return Index
[概述]Astockindexdesignedtomeasureabsolutereturns.Theabsolutereturnindexisactuallyacompositeindexmadeupoffiveotherindexes.This
NYSE Arca
[概述]AsecuritiesexchangeintheU.S.onwhichstocksandoptionsaretraded.TheNYSEArca,previouslyknownastheArcaExorArchipelagoExchange