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Tip of the Day Get The House Inspected by a Professional

Get The House Inspected by a Professional - So you have decided to purchase a home for the first time, or the fifth time, and you love the home you...

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Big Board

Big Board - A big board is the largest and the oldest United States Stock Exchange, which is in New York City on the famous Wall Street. This board is responsible for supervising member activities, setting policies, evaluating applicants, and overseeing transfers of member's seats. The big board opened in 1792 when a bunch of brokers met under a tree in Manhattan and agree to trade securities, after signing an agreement. Unlike modern exchanges, the big board still uses the trading floor to conduct all its transactions. On the floor, representatives of both sellers and buyers, known as brokers, meet and shout out prices to other brokers in order to set a deal.

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Definition of the Day Capitalization Weighted Index

Capitalization Weighted Index - The capitalization weighted index is a stock index where each stock affects the stock market's index in proportion to its current market value. Examples of markets using the capitalization weighted index include the Nasdaq Composite Index, the S & P 500, the Wilshire 5000 Equity Index,...

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