BAX CONTRACT
A quick investment tool that applies a Canadian banker's agreement (BA) as its base security is called BAX contract. C$1 million is the nominal value of the particular BA that supports the contract and a growth level of three months. Montreal Derivatives Exchange is where the contracts are traded.
Also known as a "banker's acceptance contract".
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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
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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
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