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Tip of the Day Use Your Frequent Flier Miles Often

Use Your Frequent Flier Miles Often - If you are not collecting frequent flyer miles, you need to ask yourself why not, as they are like receiving a small gift...

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Trading Ahead

Trading Ahead- it is when an situation happens when a trading specialist receives a corresponding buy and sell order for the same security, but instead of matching the two offers and completing the transaction the trading specialist completes the offer with share from there own personal bank accounts. This is a violation of the rules set by the New York Stock Exchange (NYSE) called the negative obligation rule which requires the trading specialist to match up order whenever the option comes up. But by trading ahead the trading specialist gets a better deal for themselves and the companies they work for but they also may have created a worse situation for the other traders.

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Definition of the Day Baked In The Cake

Baked In The Cake - Baked in the cake means is a quote used to describe information that is influential such as unconfirmed news reports, unconfirmed company's information, or projected company or stock earnings, which are already included in the current stock's market price. By doing this, some attempt to...

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