- Industri: Financial services
- Number of terms: 73910
- Number of blossaries: 1
- Company Profile:
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In the context of general equities, trader's position in a security that results from executing a trade (or the expectations thereof). Antithesis of going into the trade.
Industry:Financial services
Option position that is offset by an equal and opposite position in the underlying security. Antithesis of naked option.
Industry:Financial services
In the context of general equities, the opening. Antithesis of the close.
Industry:Financial services
Use of an option in a trading strategy in the underlying asset is already owned.
Industry:Financial services
A letter from an independent auditor in securities underwriting agreements to assure that information in the registration statement and prospectus is correctly prepared to the best of the auditor's knowledge.
Industry:Financial services
A put option position in which the option writer also is short the corresponding stock or has deposited, in a cash account, cash or cash equivalents equal to the exercise of the option. This limits the option writer's risk because money or stock is already set aside. In the event that the holder of the put option decides to exercise the option, the writer's risk is more limited than it would be on an uncovered or naked put option.
Industry:Financial services
Bank that offers broad range of deposit accounts, including checking, savings and time deposits and extends loans to individuals and business. Commercial banks can be contrasted with investment banking firms, such as brokerage firms, which generally are involved in arranging for the sale of corporate or municipal securities.
Industry:Financial services
An investor who writes options only on stock that he or she owns, so that option positions may be collected.
Industry:Financial services
Using forward currency contracts to predetermine the domestic currency amount of an expected future foreign receipt or payment.
Industry:Financial services