16.03 - GBP/USD now looks to 1.2230
- George Solotarov
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Unborrowable stock is the stock that no one is willing to lend out to short-sellers. When shares in a company become unborrowable, the traditional means of short selling them is impossible.
VIX is short for the Chicago Board Options Exchange Volatility Index. It is a measure used to track volatility on the S&P 500 index and is the most well-known volatility index on the markets.
A working order is a general term for either a stop or limit order to open. It is used to advise your broker to execute a trade when an asset reaches a specific price.
WTI stands for West Texas Intermediate (occasionally called Texas Light Sweet), an oil benchmark that is central to commodities trading. It is one of the three major oil benchmarks used in trading, the others being Brent crude and Dubai/Oman.