CENTIPEDE GAME
Extensive form game in which two players take turn in getting the bigger share of a slowly increasing money pot. As soon as a player takes the stash, that players gets the larger part while the other player gets the smaller portion. Although less popular than Prisoner’s Dilemma, it also emphasizes the conflict between self-interest and mutual benefit with which individuals have to seize. American economist Robert Rosenthal first introduced this game in 1982 since its original version was comprised of a 100-move sequence and its payoff diagram looked like a centipede.
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Acquired Fund Fees And Expenses - AFFE
A line item within a prospectus of a fund-of-funds which displays the underlying funds' operating expenses. This was regarded as a requirement ...
Desk Trader
A trader restricted to instituting trades for the clients of a firm and unable to trade with own accounts of his or her firm.
Trend Analysis
Technical analysis of the stock’s future movement by analyzing the historical data or previous performance. It is based on the idea traders w ...
Nasdaq Intermarket
An electronic marketplace in which the National Association of Securities Dealer (NASD) members may execute trades, communicate, and accept quotati ...
Put To Seller
The exercise of a put option. Put to seller often occurs when the strike price of the put is lower than the underlying security’s market valu ...
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