Business / Finance / On: Used in the context of general equities. Conjunction that denotes trade execution /indication, usually during a pre-opening look. 'Looks 6 on 6000 shares at opening.' See: for/at.


Business / Finance / Duration: Expressing return on assets (ROA) in terms of the profit margin and asset turnover. MORE


Business / Finance / Fixation: A rule of the National Association of Securities Dealers providing ethical guidelines for spreads created by market makers and commissions charged by brokers. MORE

Long Leg

Business / Finance / Long Leg: The part of an option spread in which an agreement to buy the underlying security is made. MORE


Business / Finance / Diamonds: A term used to describe the practice of cold calling, but which has negative implications as it is frequently applied to salespeople selling speculative or fraudulent investments. MORE


Business / Finance / Contango: Excess correlation of equity or bond returns. For example, under usual conditions we might observe a certain level of correlation of market returns. A period of contagion would be associated with much MORE


Business / Finance / Retention: The number of units allocated to an underwriting syndicate member less the units held back by the syndicate manager for facilitating institutional sales and for allocation to nonmember firms. MORE