An economic situation in which there is a general fall in the level of.

The legal liability of two or more people for claims against or debts incurred by them jointly. If.

A situation where the exercise price of a call/put option approximates to the current market price.

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

In financial services, the period after signing a contract during which customers are entitled to.

An independent financial adviser whose income is derived from fees charged to customers rather than.

The pledging of securities as collateral - for example, to secure the debit balance in a margin.

Any bank, stockyard, warehouse, depository or other facility that is authorised by an exchange for.

(FDIC) In the US, the federal agency that acts as guarantor for funds deposited in member.

The volatility of the underlying instrument implied by the market value option's.

A dealer in shares prior to the event known as Big Bang in October 1986. Jobbers dealt with.

See 'ATM.

Generic term for insurance covering costs incurred due to illness, injury and.

A corporate restructuring in which one part of a company is spun off as a new company, often.

The date by which a shareholder must own shares in order to qualify for a.

An endowment plan which carries an option at maturity for the proceeds to be paid in the form of a.

A company's expenditure to acquire capital.

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

A mortgage which guarantees the interest rate charged will remain sandwiched between two specified.

A charting technique in technical analysis that, among other things, indicates the range of a day's.