Glossary

Refers to the first 3 digits of a currency quote.

An options valuation method that designates specific points in time within the time span of the valuation date to expiration. 

A self-contained trading system comprised of model-based formulas that are not revealed to the trader/user.

Designates more than 10,000 shares traded in a single transaction and is mostly attributed to institutional investors.

A large amount of stocks or bonds (at least 10,000 shares) traded in a single transaction.

Common stock for established, market leading companies with billions in capitalization.

Elected or appointed individuals who collectively oversee the management of a corporation.

A technical indicator developed by John Bollinger, it is represented by lines plotted two standard deviations away from a simple moving average.

Designed by John Bollinger, this technical indicator measures volatility by plotting lines two standard deviations away from a Simple Moving Average.

A financial product that allows an investor to lend money to a government or company. The entity issues what is essentially an IOU, which is then purchased by investors. Investors receive the principal (full amount) at the bond’s maturity (expiration), along with interest for the bond’s term.