NIGERIAN SCAM
A type of mail and email that tries to have people sends money or disclosed banking account details based on false pretenses. Mails usually imply that someone has inherited a large sum of money and needs assistance in acquiring the funds. Those who fall for the scam will send the money requested and never see their money again. Most of the people who do this kind of fraud are located in Africa.
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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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