Category: O
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Obligation Default
Concept of Obligation Default in the context of derivatives contract, by the International Swaps and Derivatives Association (ISDA): A credit event term used in a credit derivative (i.e. an instrument that transfers risk from one party to the other) when one or more of the obligations of the […]
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Over-the-Counter
Concept of Over-the-Counter (OTC) in Futures TradingIn this context of financial law, the following is a definition of Over-the-Counter (OTC): The trading of commodities, contracts, or other instruments not listed on any exchange. OTC transactions can occur electronically or over the telephone. […]
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Overbought
Concept of Overbought in Futures TradingIn this context of financial law, the following is a definition of Overbought: A technical opinion that the market price has risen too steeply and too fast in relation to underlying fundamental factors. Rank and file traders who were bullish and long have […]
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Order Book
Concept of Order Book in Futures TradingIn this context of financial law, the following is a definition of Order Book: A market structure, electronic or through other means of communication, whereby bids and offers are matched exclusively based on their price and/or the time that they arrived […]