An agreement that was signed, in 1792, by 25 New York stockbrokers and merchants to establish an investment community that…

In the realm of options,  a butterfly is a vanilla option trading strategy which combines an out-of-the-money strangle with an…

A sell-side trader who sells exchange services to buy-side firms (such as investment managers and institutional investors) in return for…

A neutral option strategy (limited profit and limited risk strategy) that combines a bull spread and a bear spread. This…

A trader who buys exchange services from a sell-side trader (s). Examples of buy-side traders are individual investors and institutional…

The sale of a property for less than the balance due on the mortgage loan, and with the mortgagee‘s approval.…

A stop order that a client (investor) actually places with his broker and is thus found its way to the…

A swap that provided a means to the banks of less developed or underdeveloped countries (such as Mexico, Argentina, etc)…

A perpetual floater which contains a call option given to the issuer. However, if the issuer doesn’t exercise this option…

An Arabic term that denotes misrepresentation guarantee. It is a third-party’s guarantee which secures refunding the price to the buyer…