HARD STOP
A price level that if reached will trigger an order to sell an underlying security. Hard stops are set at a constant price and are inherently good until cancelled. A hard stop is used to protect the downside of holding an investment by always being active, and is only triggered once the price reaches the specified stop level.
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Gift Letter
Written correspondence given to a lender acknowledging the money received is a gift from a friend or relative. Normally, it occurs when a borrower ...
Digits Deleted
A designation on an exchange's ticker tape that refers to the absence of one or more price digits caused by tape delay. Digits deleted comes in ...
Quadruple Witching
Basically, quadruple witching is the day in which all contracts for stock index options and futures, single stock futures, and stock options expire ...
Cash on Delivery - COD
Transaction in which payment for an ordered good is made on its delivery date and time. The good will be returned to the seller should the buyer fa ...
Robo-Signer
A mortgage servicing company employee signing foreclosure documents without reviewing them. A robo-signer does not review details of individuals, a ...
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 13:00 | Bundesbank Monthly Report | ||
| 15:30 | New Housing Price Index | Dec | |
| 17:00 | Consumer Confidence | Jan | |
| 17:00 | Leading Index | Dec | |
| 02:30 | NAB Business Confidence | Dec | |
| 02:30 | PMI Manufacturing | Jan | |
| 02:30 | Tertiary Industry Index | Jan | |
| 02:30 | PMI Composite | Jan | |
| 07:00 | BOJ Core CPI | Dec |
