Activity charge is a type of fee that is used to cover the cost of services done on an account. It can be triggered by trader’s activity on a said account or by certain events.

Rio trade is a slang term used to describe a transaction made in an attempt to recover previous losses. It is usually associated with risks higher than a trader would use in a regular trade.

Call on call is a type of exotic option where investor buys a secondary call option with custom provision that gives them the opportunity of buying plain vanilla option on underlying security in the future.

Holdings are the content of the investment portfolio that is held by a mutual or a pension fund. Portfolio in its turn can include assets like bonds, futures, stocks and other options.

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.

Vintage is name for a mortgage backed security that has aged for around 30 years. It can be described as a security with less prepayment and default risk for a trader.

MSCI World (Morgan Stanley Capital International World Index) – market index that reflects the situation in the world markets. It consists of the shares of 1649 companies from all over the world. It has all of the developed countries’ stocks inside of it.

LIBOR is a benchmark rate at which the bank may give loans to international interbank markets. LIBOR is an average value of the interest-rate which is calculated from estimates submitted by the top global banks daily.