Glossary

Stock Market Glossary letter P

Program Trading – Program Trading is a practice by which computer programs are used to automate the purchase or sale of large blocks of stock when certain pre-set price points are reached. Popularly used by large hedge funds and arbitrage specialists, program trading has been blamed for causing the 1987 “Black Monday” stock market crash in which American stock markets lost 22.68% of their value in a single day’s trading.

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    Wipo

    WIPO stands for the World Intellectual Property Organization, an agency of the United Nations formally established in 1967 and headquartered in Geneva, Switzerland. WIPO’s stated mission is to “promote the protection of intellectual property throughout the world”. WIPO is different from many other UN agencies, chiefly in that it has its own system of funding derived from the collection of ...

  • Glossary

    B

    Balanced Funds – Balanced Funds are a type of Mutual Fund that seeks to provide a greater degree of security – and correspondingly less risk – than other kinds of mutual funds. Balanced Funds incorporate Bonds and other debt securities in their portfolios. The bond quotient tends to moderate any sudden decline in the fund’s […]

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