What is 'National Securities Markets Improvement Act - NSMIA' Passed by the U.S. Congress in 1996, the NSMIA was an attempt to update and amend previous security acts and create one uniform code that companies and regulators...
What is 'Ultimate Oscillator'
A technical indicator invented by Larry Williams that uses the weighted average of three different time periods to reduce the volatility and false transaction signals that are associated with many other indicators that mainly rely on...
What is 'Nasdaq SmallCap Market' The Nasdaq equity market for companies that have relatively small levels of market capitalization. Listing requirements for such "small cap" companies on the Nasdaq SmallCap Market are less stringent than for other...
DefinitionA safe deposit box, also known as a safety deposit box, is an individually secured container, usually held within a larger safe or bank vault. Safe deposit boxes are generally located in banks, post offices or other institutions. Safe...
What is 'Targeted Amortization Class - TAC' A type of credit derivative that is similar to a planned amortization class (PAC) in that it protects investors from prepayment; however, it is structured differently than a PAC. TACs...
What is 'Yemeni Rial - YER' The official currency of the country of Yemen. The Yemeni Rial is divided into 100 fils, but the fil coins have not been issued since 1990 following Yemeni unification. However, beginning...
What is the U.S. Treasury
The United States Department of the Treasury is the national treasury of the United States federal government. It was established by an Act of Congress in 1789 to manage government revenue. The Treasury is responsible...
What is a 'Rally' A rally is a period of sustained increases in the prices of stocks, bonds or indexes. This type of price movement can happen during either a bull or a bear market, when it...
What is 'Nasdaq National Market Securities - Nasdaq-NM' The Nasdaq National Market consists of over 3000 companies that have a national or international shareholder base, meet stringent financial requirements and agree to specific corporate governance standards. ...
DefinitionCalmar ratio is a performance measurement used to evaluate Commodity Trading Advisors and hedge funds. It was created by Terry W. Young and first published in 1991 in the trade journal Futures. Calmar Ratio What is the 'Calmar...