"Big Fiqure" is a dealers phrase referring to the first few digits of an exchange rate. These digits rarely change in normal market fluctuations, and... read more »
Definition of 'Crawling Peg'
A system of exchange rate adjustment in which a currency with a fixed exchange rate is allowed to fluctuate within... read more »
Futures - In Futures Spread Trading the trader simultaneously buys (longs) and sells (shorts) futures contracts for two related commodities or... read more »
A rollover is the interest paid or earned on an open position held past the close of the NY trading at 1700 ET (5:00PM ET) reflecting the interest... read more »
Quantitative easing is a monetary tool used by central banks to encourage spending within an economy. One of the most well-known instances of... read more »
London Inter-Bank Offer Rate or LIBOR
The standard for the interest rate that banks charge each other for loans (usually in Eurodollars ). This rate... read more »
The Bid-To-Cover Ratio is a ratio used to express the demand for a particular security during offerings and auctions. In general, it is used... read more »
The January Effect is a calendar-related anomaly in the financial market where financial security prices increase in the month of January. This... read more »
Biflation (sometimes mixflation) is a state of the economy where the processes of inflation and deflation occur simultaneously. During Biflation,... read more »
In finance, a strategy used by mutual fund and portfolio managers near the year or quarter end to improve the appearance of the portfolio/fund... read more »
A Santa Claus Rally is a rise in stock prices in the month of December, generally seen over the final week of trading prior to the new year. The... read more »
Black Friday is a popular label attached to the Friday following Thanksgiving Day in the US. This day marks the beginning of the busy shopping season... read more »
Technocrats are individuals with technical training and occupations who perceive many important societal problems as being solvable, often while... read more »
A confidence vote is a motion proposed in a parliament or other assembly to give members the chance to express their confidence in a government... read more »
A special purpose vehicle (SPV) or special purpose entity (SPE) is a company that is created solely for a particular financial transaction or series... read more »
Stagflation is an economic condition in which the inflation rate is high and the economic growth rate slows down and unemployment remains steadily... read more »
The Bull Pennant Pattern is a multi-candle pattern that is usually found within the uptrend of a currency pair. It is a continuation pattern... read more »
With relation to current events, the Troika is vernacular for the 3-part commission that is charged with monitoring the Euro debt crisis. They are... read more »
