Glossary

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Look up the meaning of hundreds of trading terms in our comprehensive glossary.

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  • NASDAQ
    The NASDAQ Composite is an equity index which includes most stocks listed on the NASDAQ stock market.

    Together with the DJIA (Dow Jones Industrial Average) and the SPX500 (Standard & Poor’s 500) indices, the NASDAQ Composite is one of three most popular equity indices traded in the United States.
  • Net position
    The amount of currency bought or sold which has not yet been offset by opposite transactions.
  • New York session
    8:00am – 5:00pm (EST).
  • No touch
    An option that pays a fixed amount to the holder if the market never touches the predetermined barrier bevel.
  • NYA.X
    Symbol for NYSE Composite index.