Author: todorm

A decentralized market where the participants trade with one another directly, without the need for an exchange.

Overbought – when a security makes an extended move to the upside. Oversold – when a security makes an extended move to the downside

Things that a company owns, benefits from or uses to generate income that can be converted into cash within one business cycle.

An original issue discount is a type of debt instrument, most often a bond, that is sold at a lower price than face value when it was originally issued.

The amount of discount or the difference between the original face value and the price paid for a bond.

Ordinary shares give their owners the right to vote at company shareholder meetings and come with no guaranteed dividend.

An exchange employee in charge of keeping a book of public limit orders on exchanges utilizing the “marker-maker” system, as opposed to the “specialist system”, of executing orders.

The Options Clearing Corporation works with regulators and acts as the issuer and guarantor for options and futures contracts.

The grouping of options on an underlying security with the same strike price and expiration month.