ERIC DANIELS
American banker and former group chief executive of Lloyds Banking Group Plc, one of the biggest banks in the United Kingdom. During his tenure in the institution, Daniels streamed the firm by selling its New Zealand and Brazil operations to improve earnings. Together with former Chairman Sir Victor Blank, he also led the acquisition of HBOS in 2008, initially generating multi-billion dollar losses for the company. After the 2008 global financial crisis, he was one of the few leaders of a British financial firm to retain his job. He waived his huge bonuses in 2008 and 2009 under social and political tension.
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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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