Meaning PROGRAM TRADING: Trades based on signals from computer programs, usually entered directly from the trader's computer in to the market's computer system and executed automatically. Applies to derivative products. A process of electronic execution of trading of a basket of stocks simultaneously, for index arbitrage, portfolio restructuring, or outright buy/sell interests. See: super dot
More terms such as Program trading in Dictionary P.
- Definition Prepayment Speed:
- Examples Also called speed, the estimated rate at which mortgagors pay off their loans ahead of schedule, critical in assessing the value of mortgage pass-through securities program trading definition.
- Definition Purchase Loan:
- Examples A consumer loan taken to finance a purchase program trading explain.
- Definition Prepayment Penalty:
- Examples A fee a borrower pays a lender when the borrower repays a loan before its scheduled time of maturity program trading what is.
- Definition Perfected First Lien:
- Examples A first attachment on an asset that is duly recorded with the relevant government body so that the lender will be able to act on it should the borrower default program trading meaning.
- Definition Preference Stock:
- Examples A security that ranks junior to preferred stock but senior to common stock in the right to receive payments from the firm; essentially junior preferred stock program trading abbreviation.
