sectorspdr.com

Website:http://www.sectorspdr.com
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Definitions (40)

1

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up tick


Move up in a particular stock.
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alps portfolio solutions distributor


offers a number of products and services designed specifically for various categories of investors. Not all products will be available to all investors. The information provided on the Site is not int [..]
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3

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tracking error


In an indexing strategy, the difference between the performance of the benchmark and the replication portfolio.
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specialist


On an exchange, the member firm that is designated as the market maker (or dealer for a listed common stock). Member of a stock exchange who maintains a "fair and orderly market" in one or m [..]
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short position


Occurs when a person sells stocks he or she does not yet own. Shares must be borrowed, before the sale, to make "good delivery" to the buyer. Eventually, the shares must be bought back to cl [..]
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selling short


Selling a stock not actually owned. If an investor thinks the price of a stock is going down, the investor could borrow the stock from a broker and sell it. Eventually, the investor must buy the stock [..]
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record date


The date the fund determines who its shareholders are, "shareholders of record" who will receive the fund's income dividend and/or net capital gains distribution.
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option


A contract between two parties in which one party, the holder, has the option to either buy or sell a security to the other party, the writer.
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put option


The right but not the obligation to sell an underlying security at a particular price (strike price) on or before the expiration date of the contract.
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nasdaq composite index


Unmanaged index of the National Market system which includes over 5,000 stocks traded only over-the-counter.
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