NATAROS V. FINE ARTS GALLERY OF SCOTTSDALE
Court case which involves an auction house and a buyer. Considered a landmark case in the arts, the buyer suspected the price of items at auction were rigged and overpriced. The plaintiffs in this case, Frank and Anna Nataros, purported the auction house employees engaged in negligent misrepresentation and fraud during the sale of several items.
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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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