Big Board
A nickname for the New York stock Exchange. Also known as The Exchange. More than 2,000 common and preferred stocks are traded. Founded in 1792, the NYSE is the oldest exchange in the United States, and the largest. It is located on Wall street in New York City. |
Similar financial terms
Big FourIn the UK, the Big Four refers to the four large clearing banks: Lloyds TSB, Barclays Bank, HSBC and Royal Bank of Scotland.
Big Six
The Big Six referred to the former 6 big accountancy firms: KPMG, PriceWaterhouseCoopers, Ernst & Young, Deloitte & Touche and Arthur Andersen. (Note that there are now only 4, Price Waterhouse having merged with Coopers and Lybrand, and Ernst & Young having taken over most of Arthur Andersen's acconting and tax businesses.)
Big Figure
The first two or three digits of a foreign exchange price or rate. Examples: JPY/USD rate of 111.27/32 the big figure is 108. EUR/USD price of .8158/62 the big figure is .81.
Big Bang
Big Bang has two different geographical meanings:
A major launch event. "The new product line will be big banged in Q1." (US)
The term applied to the liberalization in 1986 of the London Stock Exchange in which trading was automated with the use of computers. (UK)
Kansas City Board of Trade
The second largest grain exchange in the world, established in 1876. The KBOT was the first exchange to trade stock index (share price index) futures.
Chicago Board of Trade (CBOT)
The CBOT is the largest commodity exchange in the world. Founded in 1848, it accounts for about half of the turnover in futures contracts in the US and the bulk of the world's grain futures trading. The CBOT offers futures contracts in a range of commodities, from pork bellies to long-term US government bonds.
Chicago Board Options Exchange (CBOE)
A securities exchange created in the early 1970s for the public trading of standardized option contracts.
Federal Home Loan Bank Board (FHLBB)
The FHLBB is an agency responsible for regulating and controlling savings and loan institutions, superseded by FIRREA in 1989.
