An international organization helping governments tackle the economic, social and governance challenges of a global economy.
The price at which a seller is willing to sell.
Temporary situation where offers exceed bids.
A document that outlines the terms of securities to be offered in a private placement.
The closing-out or liquidation of a position.
The operations of a financial institution that although physically located in a country, has little connection with that country's financial systems.
An account maintained by one broker with another in which all of the accounts of the former are combined and carried only in its name, rather than designated separately.
The total number of outstanding option or futures contracts that have not been closed out by offset or fulfilled by delivery.
Same as Federal Open Market Committee.
Central Bank operations in the markets to influence exchange and interest rates.
A position that is not yet closed.
The right, but not the obligation, to buy (call) or sell (put) a specific amount of a given stock, commodity, currency, index, or debt, at a specified price (the strike price) during a specified period of time OTC Over-the-Counter; A security which is not traded on an exchange.
Options of the same type as said to be of the same class.
All options of the same class having the same exercise/strike price and expiry.
Over-the-Counter; A security which is not traded on an exchange.
A call option whose strike price is higher than the market price of the underlying, or a put option whose strike price is lower than the market price of the underlying.
Technically too high in price, and hence a technical correction is expected.
Technically too low in price, and hence a technical correction to the upside is expected.
A deal from today until the next business day.
Net long or short position in one or more currencies that a dealer can carry over into the next dealing day.