Notice day

A day on which notices of intent to deliver pertaining to a specified delivery month may be issued.

Similar financial terms

Notice of default
A formal written notice to a borrower that a default has occurred and that legal action may be taken.

Today's High
The intraday highest trading price.

Today's Low
The intraday lowest trading price.

Daytrading
Refers to trading in securities were positions are opened and closed on the same day.

Day Trade
A trade that is entered into and closed out on the same day.

Black Monday
The black monday refers to Monday 19th October 1987 when stock market values around the world fell heavily triggered by a large fall in US share prices. On Black Monday, the S&P 500 Index lost 20,5%, the Dow Jones Industrial Average (DJIA) lost 22,6%. The Nasdaq Composite, however, lost "only" 11,3%.

Day Order
A buy or sell order that will expire automatically at the end of the trading day on which it is entered.

Skip-day settlement
The trade is settled one business day beyond what is normal.

Last trading day
The final day under an exchange's rules during which trading may take place in a particular futures or options contract. Contracts outstanding at the end of the last trading day must be settled by delivery of underlying physical commodities or financial instruments, or by agreement for monetary settlement depending upon futures contract specifications.

Day around order
A day order that supersedes (cancels and replaces) the previous order by altering its size or price limit.

Black Friday
A precipitous drop in a financial market . The original Black Friday occurred on September 24, 1869, when prospectors attempted to corner the gold market.

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Did you know?

Opening sale

A transaction in which the seller's intention is to create or increase a short position in a given series of options.


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