A variable coupon renewable note (VCR) is a renewable fixed income security with variable coupon rates that are periodically reset. The renewable note is a type of debt security with a weekly maturity. The principal of this security is reinvested automatically
Intraday means within the day. In the financial world, the term is shorthand used to describe securities that trade on the markets during regular business hours. These securities include stocks and exchange-traded funds (ETFs). Intraday also signifies
A general order (GO) is a status given to imported goods that are missing the proper documentation or cannot be quickly cleared through customs for other reasons. Merchandise may be held under general order if the proper duties, fees, or interest are
The National Housing Act was a law passed by Congress and signed by the president in 1934 that established the Federal Housing Administration (FHA). The law was passed as part of President Roosevelt’s New Deal program, aimed at stimulating the economy
A one-touch option pays a premium to the holder of the option if the spot rate reaches the strike price at any time prior to option expiration.
Most options and futures traders will need to become familiar with IRS Form 6781 as they complete their taxes each year. Form 6781: Gains and Losses From Section 1256 Contracts and Straddles is a tax form distributed by the Internal Revenue Service
Off-chain transactions refer to those transactions occurring on a cryptocurrency network which move the value outside of the blockchain. Due to their zero/low cost, off-chain transactions are gaining popularity, especially among large participants.
A rollover may entail a number of actions, most popularly the transfer of the holdings of one retirement plan to another without creating a taxable event. A rollover may also entail reinvesting funds from a mature security into a new issue of the same
Fibonacci retracement levels are horizontal lines that indicate where support and resistance are likely to occur. They are based on Fibonacci numbers. Each level is associated with a percentage. The percentage is how much of a prior move the price
Scenario analysis is the process of estimating the expected value of a portfolio after a given period of time, assuming specific changes in the values of the portfolio’s securities or key factors take place, such as a change in the interest rate.