Glossary

Federal government agencies issuance of bonds, bills and notes.

A put or call option’s strike price multiplied by its contract size.

Mutual funds seeking to acheive accelerated earnings on small-company stocks with higher levels of risk.

A technology driven system of trading which facilitates transaction decision making using advanced mathematical tools. It is also often referred to as algo trading or black box trading.

Type of order stipulating execution of the entire quantity at specified price (or better), or none at all. It is employed to prevent partial filled orders.

Often referred to as the "active" return on investment, it is the difference between a fund’s expected performance and its actual returns.

Financial instruments other than cash, equities or bonds. Collectively, they are hedge funds, managed futures,  real estate or commodities investments.

U.S. bank held certificate(s) representing foreign stock shares traded on a U.S. stock exchange.

The American Stock Exchange (AMEX) is the third-largest stock exchange by trading volume in the United States. In 2009 it was renamed the NYSE AMEX Equities Exchange when it was acquired by the NYSE in the year previous. The Exchange is located in New York City.

A technical analysis term that refers to the difference in price from the midpoint of a trench to the midpoint of a peak of a security.