UNWIND
Unwind means to close out a position which has the correction of an error or in other words, offsetting investments. The occurrence of unwinds is due to erroneous activities. For example, a broker accidentally sells part of a position but the in fact, the investor wanted to add to it. The broker would now need to unwind by purchasing the right stock and selling the wrong stock.
POPULAR TERMS
Fat Finger Error
An error caused by pressing the wrong computer key to input data. This error is usually harmless but may sometimes have significant consequences if ...
Distribution Yield
Amount of income received or paid out by an annuity, real estate investment trust (REIT), or other income paying instruments. It is determined by d ...
Retention Bonus
A reward given to an employee that serves as an incentive to keep that key employee on the job during a significant business cycle, like a merger o ...
Introducing Broker - IB
An individual or business that gives advice to a clients but entrusts the work of the floor operation and trade execution to another futures mercha ...
Municipal Securities Rulemaking Board - MSRB
A board that protects investors, municipal entities, and public interest by creating investing rules and policies in order to avoid false and manip ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
A Guide to Your Personal Income Tax: Papers
Documentation is the most significant part of taxation. If you do not properly account your income and expenses, chances are you will likely miss o ...
Buying a Home: Obtaining a Homeowners Insurance
You are one step closer to acquiring your dream house, and you want to make sure it has substantial protection against any disaster or occurrence t ...
A Guide to Your Personal Income Tax: Last-Minute Moves
December 31 is fast approaching. The next thing you know you need to file your income tax return. So before you get swarmed by the hustle and bustl ...
Introduction to Inflation
I asked my grandparents about the cost of living during World War II. They told me people during that period could buy a house for $5,000, a car fo ...
Buying a Home: Getting Into the Escrow Process
You write an offer and the seller accepts it. Deal closed. It is about time to go through the escrow process. Why does a buyer need to undergo this ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:30 | ANZ Jobs Advertisements | Dec | |
| 10:00 | SECO Consumer Confidence | Dec | |
| 11:30 | Sentix Investor Confidence | Jan | |
| 20:01 | 10-y Bond Auction | Jan | |
| 23:00 | NZIER Business Confidence | 4 quarter | |
| 01:00 | FOMC Member John C. Williams Speaks | ||
| 01:30 | Westpac Consumer Sentiment | Jan | |
| 01:50 | Bank Lending | Dec | |
| 01:50 | Current Account | Nov |
