PACIFIC EXCHANGE - PCX
PCX was one of the four United States exchanges to trade equity options and also the first to implement an electronic trading system. This exchange network organizes the trading of stock options between both individual and institutional investors. PCX had operations in San Francisco and Los Angeles, but these both closed in the early 2000 when it partnered with the Archipelago Exchange. The latter later merged with the New York Stock Exchange, and PCX transactions are now conducted on the NYSE Arca platform.
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Housing Bubble
A run-up in housing prices fueled by demand, speculation and the belief that recent history is an infallible forecast of the future. Housing bubble ...
Low Exercise Price Option - LEPO
A call option for investors that has a price of 1 cent with an agreement to buy 1000 shares. This cannot be executed until its expiry. It works lik ...
Callable Security
A security with an enclosed call provision that gives the person who issues to redeem or repurchase the security by a particular period. Since the ...
Shadowing
Shadowing is the creation of values for variables that are not dependent strictly to market value. This means that these variable have market value ...
Pass-Through Rate
Pass-through rate is the net
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An Introduction to Stocks
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Digesting Financial Statements: Working Capital
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