MONEY MARKET ACCOUNT
An interest-bearing account that usually pays a higher interest rate than a savings accounts, as well as it gives the account holder a limited check-writing ability. It offers benefits normally seen both in savings and checking accounts. This account is likely to require a bigger balance than a savings account, and FDIC insured.
Also called money market deposit account (MMDA).
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Debt obligation with 30-year maturity. Offered by the US Treasury, it used to be the bellwether US bond. But today, many consider the 10-year Treas ...
Debit Spread
Two options with different market prices that an investor trades on the same underlying security. The higher priced option is purchased and the low ...
Buck the Trend
Situation in which the price of a security or a class of assets moves in the opposite direction of the broad market, industry, or its competition. ...
Zomma
Zomma is a third-order Greek that measures the change in gamma in connection with the changes in the underlying asset’s volatility. It is als ...
Rising Bottom
A chart pattern that is characterized by trading periods where the bottom of the price bars rise over time. A rising bottom views as a sign o ...
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