PRICE BASING
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Price basing is a practice of pricing commodity transactions by basing the price on related futures contracts process. This is a pricing method used by commodity producers, processors and consumers.
PLUTONOMY
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Plutonomy is a state of economy that can displays a big gap in income and wealth. This economy is not deemed equal and spending and consumption of the richest have a very big impact on the economy.
PIERCING PATTERN
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A piercing pattern is a technical trading signal that is formed by a closing down day with a good-sized trading range. It is followed by a lower trading gap with a white candlestick that covers at least half of the upward length of the previous day's red candlestick body, finishing with a close higher for the day.
PAIRING OFF
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Illegal financial activity that is set to manipulate the markets and sums up to under-the-table payments that is masked as a purchase of securities from one company to another is referred to as pairing off. Short and long positions are bought and sold fictitiously and the transaction are settled in cash. Securities are never delivered so the trade never really occurs.
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