SHORT COVERING
Short Covering is the buying back of securities for the purpose of closing an open short position. Short covering means buying back the exact same securities that was sold short initially. This is allowed because the short-sale process is the borrowing of securities and then selling it in the market.
POPULAR TERMS
Noncurrent Liabilities
An obligation which is not required to be fulfilled within 12 months of the balance sheet date. It is also known as long term liability.
Stub Quote
Order to buy or sell a stock above the stock’s market price. Trading companies use these quotes when they don’t want to trade at specif ...
Privately Owned
A company or firm that is not traded publicly on a securities exchange.
Love Money
Capital or seed money given to entrepreneur, from family and friends, in order to start a business. The decision to loan money and the terms of the ...
UGX
Ugandan Shilling is the national currency of Uganda and is designated with the abbreviation UGX.
POPULAR ARTICLE
SEE FOREX TUTORIAL
Digesting Financial Statements: Working Capital
Analysts and investors look at the working capital and its trends to measure a company’s financial performance. This metric determines a busi ...
Buying a Home: Everybody’s Goal
Since childhood, Selena has always dreamed of owning a large farm house surrounded with lots of animals – every kind of animal the world has ...
Principles of Trading: Automating Strategies
An automated trading system basically lets a computer to do the work of a trader by setting certain rules for entering and exiting trades. That com ...
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 ...
Buying a Home: Looking for an Agent
You will need to find an agent if you want to purchase your dream house. These agents are the only ones who have access to lock box codes, which ar ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 03:30 | ANZ Jobs Advertisements | Mar | |
| 07:00 | Leading Indicators | Feb | |
| 08:00 | Halifax House Price Index | Mar | |
| 08:00 | Industrial Production | Feb | |
| 08:00 | Trade Balance | Feb | |
| 09:00 | Foreign Currency Reserves | Mar | |
| 10:30 | Sentix Investor Confidence | Apr | |
| 11:00 | Retail Sales | Feb | |
| 21:00 | Consumer Credit | Feb |
