BABY BOND
It is a fixed income type of securities that are issued in small denominations, commonly having the maximum $5000 face value. Because it is issued in small denominations, average retail investors are easily attracted to this.
Nowadays, baby bonds are mainly issued by different states, counties and municipalities to fund capital expenditures and expensive infrastructure projects. These municipal bonds that are tax-exempted are commonly structured as zero-coupon bonds having a maturity from eight to 15 years.
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Trade or Fade Rule
Options exchange rule introduced to eliminate trade troughs. The rule requires the market maker to match a better deal seen on another market or tr ...
A-B Split
This is a method commonly used to test if the marketing media or methods used are effective. When using A-B Split method in marketing, there will b ...
Cancellation
Notification by a broker advising his or her client that an incorrect exchange deal was conducted and that the activity is being pointed out. For e ...
Kicker Pattern
A two-bar candlestick pattern that signifies change in the direction of the market trend for the price of an asset. The pattern is composed of two ...
UFMI
Up-Front Mortgage Insurance (UFMI) is an insurance premium. It is usually collected at the time of the conception of the loan on Federal Housing Ad ...
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