Haircut is a term that refers to the difference in prices at which a market maker can purchase and sell a security. The name of the term comes from the fact that traders can execute trades on a very thin spread.

Hard dollar is a cash payment made by an investor or a customer to a brokerage firm for their services. Regularly the total amount of payment is set and known to both of the sides before the deal even occurs.

An interesting stock index that includes all of the companies which are connected to the Harry Potter book series. It was created in order to capture the success of the books, movies and everything else, connected to the wizard boy.

To haggle is a process that involves two parties of the transaction trying to negotiate the best price possible. The buying side is trying to lower the price as much as possible and the selling side is trying to leave the price as high as possible. the process of haggling can go on until the price is negotiated and accepted by both of the sides.

High-frequency trading is a type of algorithmic trading that includes electronic trading toolS and leverages high-frequency trading data. It is often characterized by extremely high turnover rates as well as high order-to-trade ratio.

The term HKD is the currency abbreviation or currency symbol for the Hong Kong dollar (HKD), the currency for Hong Kong. The Hong Kong dollar is made up of 100 cents and if often presented with the symbol $ or HK$.

A hawkish is a policymaker or advisor who is predominantly concerned with interest rates as they relate to fiscal policy. A hawk generally favors relatively high interest rates in order to keep inflation in check. In other words, hawks are less concerned with economic growth than they are with recessionary pressure brought to bear by high inflation rates.