LONDON INTERNATIONAL FINANCIAL FUTURES AND OPTIONS EXCHANGE - LIFFE
A futures and options exchange located in London, England, which is established in 1982. Designed after Chicago Board of Trade and the Chicago Mercantile Exchange, LIFFE used to deal with commodities, futures, and options contracts. But in 2002, Euronext, an electronic stock exchanged based in Netherlands, acquired the exchange as part of its technique to escalate its appearance as a derivatives market. Since then, it was renamed Euronext.liffe.
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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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