The sale (purchase) of a near month call option (put option) and the simultaneous purchase (sale) of.

A strategy in options trading in which an option is purchased at an exercise price above that of the.

The simultaneous purchase (sale) of a call at one exercise price and sale (purchase) of another call.

A transaction on a stock exchange by a broker or institution.

An investor who believes share prices are going to fall. He therefore sells shares, sometimes.

Call or put options on an index such as the Standard and Poor's 500 Index or the FTSE 100.

A cash value life insurance policy with a fixed term. Premiums are applied to give life insurance.

The process of rendering a contract or deed null and void following a specified.

An outflow of funds from an account with a bank or financial institution. For example: When a.

The transfer of title of a security such as stock from buyer to.

A term previously given to the most actively traded shares on the London Stock Exchange along with.

A facility which allows a delay in buying an annuity if rates should be low when retirement age is.

The voiding of a buy or sell.

The lowest possible bid price of units in a unit trust under FSA regulations which is usually lower.

A model for generating expected equity returns. It is based on the premise that returns are the.

A disparaging term used to describe executives who earn high salaries and bonuses.

Money, in the form of notes and coins, which constitutes payment for goods at the time of.

(FIA)The futures industry's national trade association in the US. They lobbied in favour of establishing.

The Inland Revenue limit on how much money can be paid into a free-standing additional voluntary.

Income usually relevant to two people (for example man and wife) which continues until the death of.