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Tastytrade: Tastytrade offers extended hours from 8 am to 9:30 am and from 4 pm to 8 pm. Ally Invest: Ally Invest offers extended hours from 8 am to 9:30 am and from 4 pm to 5 pm. Firstrade ...
Overnight indexed swap. An overnight indexed swap ( OIS) is an interest rate swap ( IRS) over some given term, e.g. 10Y, where the periodic fixed payments are tied to a given fixed rate while the periodic floating payments are tied to a floating rate calculated from a daily compounded overnight rate over the floating coupon period. Note that ...
U.S. Special Delivery was a postal service paid for with additional postage for urgent letters and postal packets which are delivered in less time than by standard or first class mail service. Its meaning is different and separate from express mail delivery service. Essentially it meant that a postal packet was delivered from a post office to ...
Reference rate. A reference rate is a rate that determines pay-offs in a financial contract and that is outside the control of the parties to the contract. It is often some form of LIBOR rate, but it can take many forms, such as a consumer price index, a house price index or an unemployment rate. Parties to the contract choose a reference rate ...
FOB ( free on board) is a term in international commercial law specifying at what point respective obligations, costs, and risk involved in the delivery of goods shift from the seller to the buyer under the Incoterms standard published by the International Chamber of Commerce. FOB is only used in non-containerized sea freight or inland waterway ...
Casual courier. A casual courier is an everyday traveler who informally delivers packages for shippers. The term describes an alternative delivery practice of sending items from one place to another via independent traveler. Casual couriers usually have existing travel plans before agreeing to deliver a package for a sender.
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