MINE AND YOURS
Refers to terms being used by floor traders to signal buying and selling. If an investor wanted to purchase something, they would say "mine", as in "it’s mine". On the other hand, if they wanted to sell, they would shout "yours", as in "it’s yours". These are mostly used in foreign exchange transactions.
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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
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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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