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1. Ladder Option An option that locks in gains as the underlying asset reaches predetermined price levels, In this way, these levels are like rungs of a ladder. The gains are locked in even if the asset More… 2. Lagging Indicator Economic indicators that change after [...]
1.K A Nasdaq stock symbol specifying that the stock has no voting rights. 2. Key Currency For smaller countries, the act of orienting their currency to that of a major trading partner. 3. Kill or Fill An order that does not permit partial filling. If it cannot be completely filled, [...]
1. Japanese Housewives A term coined by the financial press to refer to the Japanese households that speculated on the carry trade and became a major seller of yen, thereby driving the currency against the levels More… 2. Japanese yen The yen is the Japanese currency unit. It is the third most-traded currency in the [...]
1. IFEMA – International Foreign Exchange Master Agreement 2. IM – International Monetary Market. See also: International Monetary Market. 3. IMF – See International Monetary Fund. 4. Indicative Quote – A market maker’s price. It is not dealable, but is for information purposes only. See also: Firm Quote 5. Inflation – A rise in prices [...]