please tell me what an "illiquid option" is
Category: glossary by P. J. From Dublin, Ireland
"illiquid option " is An option contract that cannot be sold for cash quickly at the prevailing market price. Illiquid options have very low or no open interest. Most options are illiquid when they are far away from their expiration dates. If you're holding an illiquid option, you will usually notice a very large bid-ask spread on the contract. This is because there are not enough buyers to accommodate those wanting to sell. Unfortunately, if you are trying to sell an illiquid option, there is a good chance you'll be selling at a discount, if at all.
Do you know a fx web trading site that has a fast server connection that you can recommend for me?
Category: technical by Tianna K. From Philadelphia, United States
We recommend you to try "AVA FX". People are usually satisfied with the communication with the program, it's very easy to deal with the forex platform. The connection is undisturbed, and you will see non of the ordinary login interruptions you always see surfing different servers.
please tell me what "best-price rule" is
Category: glossary by F. V. From Mulhouse, France
An SEC regulation that stipulates that a tender offer is open to all security holders of that class of security and the amount paid to the security holder is the highest paid to any other holder of the same security. Having a premise similar to that of the all-holders rule, the best-price rule facilitates equality for shareholders and their tendered shares.
do you know what the "decreasing basis" is?
Category: glossary by I. W. From Salzgitter, Germany
A cheaper option in which the payout is reduced over the length of the cover period.
do you know what the "featherbedding" is?
Category: glossary by Amira X. From Luxembourg, Luxembourg
Term used to describe the practice of a labor union requiring an employer to hire more workers than necessary for a particular task. Featherbedding has developed over time as unions respond to workers being laid off because of technological change. These lay-offs have caused unions to seek some way to retain workers, even though there may be little work for them to perform.
Will you give me a recommendation of a forex site that's popular for its low commission charges
Category: money by U. B. From Richmond, Canada
We think the best place for your purpose is "AVA FX". They don't charge any commission in this one, the platform graphics are completely progressive, the minimum deposit starts with only $100, plus the customer support is awesome.
I'm searching for a gorgeous foreign exchange web trading system. Which one would you suggest?
Category: general by L. T. From Liechtenstein
We believe "Saxo Bank" is definitely the one to consider if you're looking for the most exceptional foreign exchange web trading system. This place's site supports many different languages. Whether you're more comfortable with English, Serbian, Croatian or Espagn, "Saxo Bank" allows for great and easy experience with a multilingual program. "Saxo Bank"'s support team is fabulous. They're completely skillful people. Players are always impressed with the connection to the server. You won't come upon the familiar connection interruptions you frequently get with this level of large servers, it's quite simple to install the trading environment, and the communication is quick. Plus, certificated and regulated by DFSA, and SAM, you can totally ensure it's safe to deposit in this site.
Is there a forex site that's famous for its non breakable connection that you can advice me of?
Category: technical by Johana P. From Canada
If you need a forex site that's got the best server connection, we advice you to try "UFX bank". We are constantly impressed when trying to connect to the platform's server - the connection to the server is always rapid. It's quite a snap to handle the trading environment. You will find non of most of the ordinary problems you normally get with this size of servers.
what is "late charge"?
Category: glossary by Annette V. From Canada
the "late charge " is A charge imposed by a lender to a borrower when the borrower fails to make payment on the due date.
do you know what the "base currency" is?
Category: glossary by I. M. From Sandy, United States
"base currency " is The first currency in a Currency Pair. It shows how much the base currency is worth as measured against the second currency. For example, if the USD/CHF rate equals 1.6215 then one USD is worth CHF 1.6215 In the FX markets, the US Dollar is normally considered the 'base' currency for quotes, meaning that quotes are expressed as an unit of $1 USD per the other currency quoted in the pair. The primary exceptions to this rule are the British Pound, the Euro and the Australian Dollar.