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Telecom Arbitrage
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摘要:

An arbitrage strategy used by telecommunications companies that enables their mobile or cellular phone customers to make international calls without paying long-distance charges by dialing certain [阅读全文:]

Tequila Effect
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摘要: Informal name given to the impact of the 1994 Mexican economic crisis on the South American economy. The Tequila Effect occurred because of a sudden devaluation in the Mexican peso, which then caused [阅读全文:]

The Great Recession
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摘要: A buzz word that describes the recession that started on December 2007 in terms of the Great Depression of the 1930s. Generally, the Great Recession lasted longer and was more severe than prior recess[阅读全文:]

The Wealth Effect
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摘要: The premise that when the value of stock portfolios rises due to escalating stock prices, investors feel more comfortable and secure about their wealth, causing them to spend more. For example, econom[阅读全文:]

Weather Derivative
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摘要: An instrument used by companies to hedge against the risk of weather-related losses. The investor who sells a weather derivative agrees to bear this risk for a premium. If nothing happens, the investo[阅读全文:]

Witching Hour
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摘要: The last hour of stock trading between 3pm (when the bond market closes) and 4pm EST. Witching hour is typically controlled by large professional traders, program traders and large institutional trade[阅读全文:]

Writer
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摘要: The seller of an option who collects the premium payment from the buyer.

For example, a writer holds a short position on a call option. If the call option is exercised, then the writer h[阅读全文:]

Writing An Option
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The expression "writing an option" refers to the act of selling an option. An option is the right, but not the obligation, to buy or sell a particular trading instrument at a specified price, on [阅读全文:]

Zero Cost Collar
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摘要: A type of positive-carry collar that secures a return through the purchase of a cap and sale of a floor. Also called "zero cost options" or "equity risk reversals."
This investment strategy [阅读全文:]

Zero Cost Strategy
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摘要: A trading or business decision that does not entail any expense upon execution. Zero-cost trading strategies can be used with a variety of investment types, including equities, commodities and options[阅读全文:]