NEAR THE MONEY
An option with a present market value of $20 and a strike price of $19.80 is to be considered near the money since the difference between the market value and the strike price and is only 20 cents. Mostly, if the difference is less than 50 cents, the options contract is measured to be near the money.
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Bank Restriction Act of 1797
Act freeing the Bank of England from exchanging banknotes and other financial claims for gold. Passed by the British government in 1797, the legisl ...
Worldwide Coverage
Worldwide Coverage is an insurance policy that provides international coverage for personal property owned by the insured against any loss or damag ...
Third-Party Verification - TPV
Process in which an independent organization evaluates the client’s information to ensure its accuracy and intent. This is often used in tran ...
Bullish Abandoned Baby
Candlestick pattern signalling a reversal in the present trend. Used by traders, it is formed by three unique candlesticks showing the following ch ...
Confluence
Combining two or more techniques and ideas into one complete strategy. It occurs when two different ideas or strategies are used together to come u ...
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SEE FOREX TUTORIAL
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Retirement Planning: Maximizing the Power of Compounding
“The early bird catches the worm.” – William Camden
A Primer on Retirement Planning
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