MTL
Currency abbreviation for Maltese lira, currency of Malta from 1972 to 2007. It is comprised of 100 cents or 1,000 mils, although mils were no longer circulating in 1994. Presented with the symbol Lm or £ (used locally), it was at times referred to as Maltese pound in English.
Malta took on the Euro since January 2008.
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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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