CREDIT DEFAULT CONTRACT
Security whose price and risk level are based on the credit default risk by at least one underlying security issuers. It includes credit default swaps, credit default options, credit default index contracts, and credit default basket options. Used also as part of the mechanism behind several collateralized debt obligations, the contracts may have distinct covenants excluding company events like debt restructuring.
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Short Leg
Short Leg is a contract where an individual holds a short position. The contract is in the option spread created by the trader by purchasing a put ...
Borrowing Base
Money a lender will loan to a company. The borrowing base is usually determined by a method called margining, where the lender determines a discoun ...
Swaziland Lilangeni
Currency abbreviation for the Swaziland Lilangeni, the official currency of Swaziland. The currency is comprised of 100 cents and presented with th ...
Deposit/Withdrawal At Custodian - DWAC
A method of electronically transferring new shares or paper share certificates from the Depository Trust Company (DTC), which acts as a clearinghou ...
Economic Stimulus
Plans to financially stimulate an economy. It implements monetary or fiscal policy changes to bolster a lagging or struggling economy. Governments ...
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| 09:00 | SECO Consumer Confidence | May | |
| 10:00 | Trade Balance | Apr | |
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| 11:00 | Industrial Production | Apr | |
| 14:15 | Housing Starts | May | |
| 14:30 | NY Fed Empire State manufacturing index | Jun |
