What is 'Yankee CD' A certificate of deposit (CD) that is issued in the United States by a branch or agency of a foreign bank. A Yankee CD is a foreign certificate of deposit denominated in U.S....
What is 'L' The fifth character added to a stock symbol listed on the Nasdaq to denote a miscellaneous situation. When L is present as the fifth letter of a Nasdaq ticker symbol, it indicates a subordinate...
DefinitionC Michael Armstrong is an American business executive and former AT&T chairman and CEO. He tried to reestablish AT&T as an end-to-end carrier but, due to the dot-com bust and various other issues, he was forced to break the...
What is painting the tape and how does it work
When it comes to investments, there's always the risk of manipulation. One type of manipulation that commonly occurs is painting the tape. This is when trading activity is artificially generated...
What is 'A' A Nasdaq stock symbol specifying that the stocks are Class "A" shares of the company. Explaining 'A' Nasdaq-listed securities have four or five characters. If a fifth letter appears, it identifies...
What is 'B' A Nasdaq stock symbol specifying that the stock is Class B shares of the company. Explaining 'B' Nasdaq-listed securities have four or five characters. If a fifth letter appears, it identifies...
What does 'GBP' mean
GBP is the abbreviation for the British pound sterling, the official currency of the United Kingdom, the British Overseas Territories of South Georgia, the South Sandwich Islands and British Antarctic Territory and the U.K. crown dependencies:...
What is 'D' A Nasdaq stock symbol specifying that the stock is a new issue. Explaining 'D' Nasdaq-listed securities have four or five characters. If a fifth letter appears, it identifies the issue as...
What is 'C' A Nasdaq stock symbol indicating the issuer has been granted a continuance in Nasdaq under an exception to the qualification standards for a limited period. Explaining 'C' Nasdaq-listed securities have four...
What is 'Zacks Lifecycle Indexes' A series of indexes developed by Zacks Investment Research, Inc., to provide a benchmark for the lifecycle of target-date funds, with a different index for each target date. The Zacks Lifecycle Index...