Dictionary


Chart
A display or picture of a security that plots price and/or volume.
Chartist
An individual who studies graphs and charts of historic data to find trends and predict trend reversals which include the observance of certain patterns and characteristics of the charts.
Clearing house
Established by exchanges to facilitate transfer of securities resulting from trades. For options and futures contracts, the clearinghouse may interpose itself as a middleman between two traders.
Close
The performance of a reverse operation for an already open position. The “Sell” position is closed by buying while the “Buy” position is closed by selling.
Closed end (mutual) fund
A closed-end mutual fund sells a limited number of shares, which usually trade on a stock exchange. Shares of closed-end funds routinely trade at a discount or premium to NAV.