- Industry: Financial services
- Number of terms: 73910
- Number of blossaries: 1
- Company Profile:
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Reverse movement, usually downward, in the price of an individual stock, bond, commodity, or index. If prices have been rising on the market as a whole, and then fall dramatically, this is know as a correction within an upward trend. Antithesis of a technical rally. See: Dip, break.
Industry:Financial services
Funds from the Federal Reserve System, requiring three days to clear, that are passed to and from banks.
Industry:Financial services
Statistical measure of the degree to which the movements of two variables (stock/option/convertible prices or returns) are related. See: Correlation coefficient.
Industry:Financial services
An adjunct to a futures exchange through which transactions executed on its floor are settled by a process of matching purchases and sales. A clearing organization is also charged with the proper conduct of delivery procedures and the adequate financing of the entire operation.
Industry:Financial services
A standardized statistical measure of the dependence of two random variables, defined as the covariance divided by the standard deviations of two variables.
Industry:Financial services
A member firm of a clearing house. Each clearing member must also be a member of the exchange. Not all members of the exchange, however, are members of the clearing organization. All trades of a non-clearing member must be registered with, and eventually settled through, a clearing member.
Industry:Financial services
A financial organization that performs services (acts as an intermediary) in a market for another organization that does not have access to that market.
Industry:Financial services
Describes the tendary of funds or investments to be followed by groups of investors who have a similar preferences that the firm follow a particular financing policy, such as the amount of leverage it uses.
Industry:Financial services
Bank that accepts deposits of, and performs services for, another bank (called a respondent bank); in most cases, the two banks are in different cities.
Industry:Financial services
A new fund set up in a fund family to emulate another successful fund.
Industry:Financial services
