Glossary
A
Abandon,
Accrued Interest (with regards to Bonds),
Acquisition,
Adjusted Option,
Affidavit of Domicile,
All-Or-None Order (AON),
American Depository Receipt (ADR),
American-Style Option,
Arbitrage,
Ask or Offer,
Assigned,
Assignment,
At-The-Money (ATM),
Automated-Exercise,
Automated Order Entry System
B
Back Months,
Backspread,
Backtesting,
Backwardation,
Basis,
Basis Point,
Basis Risk,
Bear,
Bearish,
Bear Market,
Bear Spread,
Beta,
Bid,
Bid/Ask (Offer) Spread,
Binomial Model,
Black Scholes Model,
Block or Block Trade,
Bond,
Book Value,
Box Spread,
Break-Even Point(s),
Broker,
Broker-Dealer,
Broker Loan Rate,
Bull,
Bullish,
Bullish Market,
Bull Spread,
Butterfly Spread,
Buying Power,
Buy on Close,
Buy-on-Opening,
Buy-to-Cover,
Buy-Write
C
Cabinet or "Cab" Trade,
Calendar Spread (Time Spread),
Called Away,
Call Option,
Call Writer,
Canceled Order,
Capital Gain or Capital Loss,
Carry/Carrying Charge,
Cash Account,
Cash Market,
Cash Settled Option,
Chicago Board of Options Exchange (CBOE),
Chicago Board of Trade,
Chicago Mercantile Exchange (CME),
Class of Options (Options Class),
Clear/Clearing,
Clearing Broker-Dealer,
Clearing House,
Clearing Member,
Client,
Close (C), The,
Closing Price,
Closing Purchase,
Closing Range,
Closing Transaction,
Combo,
Commission,
Condor Spread,
Confirmation Statement,
Consolidated Tape,
Contango,
Contingency Order,
Contract,
Contract Month,
Contract Size,
Conversion (Options Position),
Correction,
Cost Basis,
Cover,
Covered Return,
Covered Write or Covered Call or Put/Covered Call or Put Writing (Selling),
Covered Writer (Seller),
Credit,
Credit Balance,
Credit Spread,
Crossed Market,
Crossing Orders,
Current Market Value
D
Date of Record (Record Date),
Day Order,
Days To Cover,
Day Trade,
Day Trading,
Dealer,
Debit Balance (DB),
Debit Spread,
Deck,
Declaration Date,
Deferred Contract,
Delayed Opening,
Delayed Quotes,
Delivery,
Delta,
Derivative Security,
Designated Order Turnaround (DOT),
Discount Rate,
Discretionary Account,
Dividend,
Dividend Frequency,
Dividend Yield,
Don't Know (DK) Notice,
Down-Tick,
Downtrend,
Dual/Multiple Listed
E
F
Fast Market,
Federal Funds Rate,
Federal Open Market Committee (FOMC),
Federal Reserve Board (FRB),
Fed Funds (Federal Funds),
Fill,
Fill Or Kill (FOK),
Financial Industry Regulatory Authority,
Flat,
Float,
Floor,
Floor Broker,
Floor Trader,
Frozen Account,
Full Power of Attorney,
Full Trading Authorization,
Fundamental Research,
Fundamentals,
Fungibility,
Future(s) Contract
I
Immediate Or Cancel (IOC),
Implied Volatility,
Index,
Index Option,
Initial Margin Requirement,
Initial Public Offering (IPO),
Institutional Investors,
Interest,
Interest Rate,
Interest Rate Risk,
In-The-Money (ITM),
Intrinsic Value,
Investor,
Iron Butterfly Spread,
Iron Condor Spread,
Issue,
Issuer
L
Last (Price),
Last Trading Day,
LEAPS®,
Leg(s) Legging,
Leverage,
Limit (Price) Order,
Limited Power of Attorney,
Limited Trading Authorization,
Limit Move,
Liquidation,
Liquidity,
Liquidity Risk,
Listed Options,
Listed Stock,
Loan Consent Agreement,
Loan Value,
Local,
Locked Limit,
Long,
Long Hedge,
Long Market Value,
Lot,
Low (L)
M
Maintenance Margin,
Margin,
Margin Account,
Margin Agreement,
Margin Balance,
Margin Call,
Margin Eligible Securities,
Margin Requirement,
Mark,
Market,
Market (Price) Order,
Market Arbitrage,
Market Capitalization,
Market Maker,
Mark-To-Market,
Married Put,
Max-Covered-Return,
Merger,
Minimum Price Fluctuation,
Model,
Money Market Fund,
Multiplier
N
O
Odd Lot,
OEX,
Offer,
One Cancels Other,
Open (O), The,
Open (Price) Order,
Open Equity,
Opening Price/Range,
Opening Rotation,
Opening Trade/Transaction,
Open Interest,
Open Outcry,
Open Position,
Option,
Option Chain,
Option Class,
Option Disclosure Document,
Option Pricing Model,
Options Clearing Corporation, The (OCC),
Order,
Order Book Official (OBO),
Order Flow,
Order Routing System,
OTC-Option,
Out-Of-The-Money Option (OTM),
Out-Trade(s),
Over-The-Counter Market (OTC)
P
Parity,
Partial Fill,
Payable Date,
PEG Ratio,
Philadelphia Stock Exchange (PHLX),
Pin Risk,
Plus Tick Or Up Tick Rule,
Point,
Position,
Position Limit,
Position Trading,
Preferred Stock,
Premium,
Price To Earnings Multiple(P/E Ratio),
Prime Rate,
Profit/Loss (P/L)%,
Profit/Loss (P/L) Day,
Profit/Loss (P/L) Differential (Diff),
Profit/Loss (P/L) Open,
Profit/Loss (P/L) Year-To-Date (YTD),
Put/Call Ratio,
Put Option
Q
R
Rally,
Range,
Ratio Spread,
Reaction,
Realized Gains Or Losses,
Record Date (Date Of Record),
Registered Representative,
Regulation T (Reg T),
Rehypothecation,
Rejected Order,
Restricted Margin Account,
Retail Automatic Execution System (RAEC),
Return On Capital,
Return On Risk,
Reversal (Market Reversal),
Reversal (Reverse Conversion),
Reverse Split,
Rho,
Roll, The,
Roll, To,
Round Lot
S
Scalp,
Scalper/Scalping,
Seat,
Secondary Market,
Securities And Exchange Commission (SEC),
Securities Investor Protection Corporation (SIPC),
Security,
Segregation,
Self Regulatory Organization (SRO),
Series,
Settlement,
Settlement Date,
Settlement Price,
Shares,
Short,
Short Covering,
Short Hedge,
Short Interest,
Short Seller,
Short Squeeze,
Single Account,
Sizzle Index & Trade,
Slippage,
Specialist,
Special Memorandum Account (SMA),
Speculator,
Spin Off,
Split,
Spread,
Spread Order,
SPX,
Statement,
Stock,
Stock Options,
Stop (Stop Loss) Order,
Stop Limit (Price) Order,
Straddle,
Strangle,
Street Name,
Strike Price,
Symbols,
Synthetic,
Synthetic Long Call,
Synthetic Long Put,
Synthetic Long Stock,
Synthetic Short Call,
Synthetic Short Put,
Systematic Risk