LESSER-DEVELOPED COUNTRY - LDC
A country that is considered underdeveloped in areas of economy, infrastructure, and industrial base. Usually, LDCs are poor and unmodernized. A lesser-developed country’s population has a low standard of living, due to having low incomes and abounding poverty. Many African and Arab nations belong to this classification.
Also called emerging markets.
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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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