NINE-BOND RULE
The NYSE requirement that all orders for nine bonds or less will be sent to the floor for an hour, in which time a market is sought. The rule does not apply when the customer directs the broker to go to the OTC market.
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Grant Deed
Legal document used to transfer title to real property or real property interest. It contains the name of the individual or entity transferring the ...
Underlying Security
Underlying Security is a financial instrument on which the value of a derivative is based.
Savings Bond Plan
Savings Bond Plan is a program that allows employees to purchase US savings bonds through payroll deductions.
Max Pain
The point at which option contracts expire at the maximum loss. The term sprung from Maximum Pain theory, which means most investors who buy and ho ...
Yield Maintenance
Yield Maintenance is a prepayment premium allowing an investor to have the same yield, thus make it seem like the borrower has settled all of the m ...
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SEE FOREX TUTORIAL
Student Loans: Repaying Debts Faster
Student loans may not be paid overnight, but we want to pay it off in a fastest way possible. Is it possible?
Before anything else, one h ...
Connection of Inflation and Interest Rates
We cannot simply ignore the connectivity of inflation and interest rates. Both items are interrelated. So, whenever there is a news item about a co ...
Principles of Trading: Introduction
Trading is an active participation in the financial markets. Those who partake in buy-and-hold investing are called traders. Also called market pla ...
An Introduction to Insurance
Most people in the world own insurance. Insurance take a lot of forms such as medical insurance, automobile insurance, and the most common of them ...
A Guide to Your Personal Income Tax: Basics
For many filing your personal income tax is one of the most frustrating things to do. However, by planning ahead and pacing yourself, doing your ta ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:30 | PMI Manufacturing | Dec | |
| 10:00 | KOF Economic Barometer | Dec | |
| 10:00 | CPI | Dec | |
| 16:45 | Chicago Purchasing Managers Index | Dec | |
| 17:00 | Pending Home Sales | Nov | |
| 03:30 | PMI Manufacturing | Dec | |
| 03:30 | Non-Manufacturing PMI | Dec | |
| 16:00 | House Price Index | Oct | |
| 03:45 | Markit Final Manufacturing PMI | Dec |
