PROPORTIONAL SPREAD
A measure the liquidity of a security that is calculated by comparing the bid and ask prices quoted in the marketplace. The proportional spread is higher as liquidity decreases to compensate the dealer for the additional risk of creating a market in an illiquid security.
The proportional spread is calculated as the difference between closing ask and bid prices divided by the average price of the bid and ask.
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Short Leg
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Money a lender will loan to a company. The borrowing base is usually determined by a method called margining, where the lender determines a discoun ...
Swaziland Lilangeni
Currency abbreviation for the Swaziland Lilangeni, the official currency of Swaziland. The currency is comprised of 100 cents and presented with th ...
Deposit/Withdrawal At Custodian - DWAC
A method of electronically transferring new shares or paper share certificates from the Depository Trust Company (DTC), which acts as a clearinghou ...
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Plans to financially stimulate an economy. It implements monetary or fiscal policy changes to bolster a lagging or struggling economy. Governments ...
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| Time | Country | Indices | Period |
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| 06:30 | Tertiary Industry Index | Apr | |
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| 09:00 | SECO Consumer Confidence | May | |
| 10:00 | Trade Balance | Apr | |
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| 11:00 | Industrial Production | Apr | |
| 14:15 | Housing Starts | May | |
| 14:30 | NY Fed Empire State manufacturing index | Jun |


