Examlex
Natalia administered a test to a job candidate three different times.She is looking at the scores and sees that they are 85,87 and 85 out of 100.She notes that the scores are fairly consistent.In other words,the test is
Open Interest
The total number of outstanding derivative contracts, such as options or futures, that have not been settled.
Clearinghouse Positions
The role of a clearinghouse in ensuring the settlement of transactions by acting as an intermediary between buyers and sellers in the financial markets.
Specified Delivery
A term used in futures contracts to denote the specific delivery specifications such as quality, quantity, and delivery location that must be met by the seller.
S&P 500 Index
A market-capitalization-weighted index of 500 of the largest publicly traded companies in the U.S., used as a benchmark for the overall stock market performance.
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