GROUP OF 77
Biggest intergovernmental coalition of developing countries in the United Nations. Established in 1964, it has expanded to 133 members. Member countries are allowed to jointly leverage their negotiating capacity in relation to key international economic matters within UN. The group also promotes collective economic interests and works to more swiftly facilitate South-South cooperative efforts to nurture development. Group of 77 first held their meeting in 1967, which led to a proposed institutional structure called Charter of Algiers. Also known as G-77.
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Consolidation
In technical analysis, movement of an asset’s price within a well-defined pattern or barrier of trading levels. In general, it pertains to an ...
Open Market Operations - OMO
It is the buying and selling of securities of the government in the open market to increase the amount of money in the banking system.
Pairs Trade
Pairs trade is said to be the best strategy for stock pickers, as stock is all that matters. What the real market does will not matter. When the ma ...
Forward Start Option
The advance purchase of a put or call option with a strike price that will be determined at a later date, typically when the option becomes active. ...
Disclaimer Trust
A trust that has embedded provisions (usually contained in a will) which allow a surviving spouse to put specific assets under the trust by disclai ...
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