SERIES I BOND
Series I Bond is a US government savings bond that is non-marketable and interest bearing. Series HH bonds earn a combination of a fixed interest rate and a variable inflation rate that is adjusted semi-annually. The purpose of Series I bonds is to provide investors with returns and protection on their purchasing power. Series I bonds’ interest are exempted from state and local taxes. It is not exempt from federal taxes. Majority of Series I bonds are electronically issued, however, they may also be transacted in paper certificates that have a minimum of $50 with the use of your income tax refund.
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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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