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.

Wire fraud is a fraudulent action in which a scheme to defraud or get money based on false representation or promises is built. 

A waiver of demand is a legally bounding agreement issued by a party that endorsed a check or bank draft.

Wirehouse describes a full-service broker-dealer firm. 

Wirehouse broker is not an independent broker working at a wirehouse, or a firm with multiple branches.

Weak shorts is a slang term used to denominate traders or investors who hold a short position in a stock or other financial asset and will close their position at the first sign of price strength. 

A wasting trust is a type of trust with depleted over time assets. Plan participants get payouts according the plan. 

Without recourse is a phrase that has several meanings. In general, it refers to the buyer of a promissory note or other negotiable instrument assuming the risk of default. 

Witching hour is the last hour of trading on the third Friday of every month. It is the day when options and futures on stocks and stock indexes expire. 

Web syndication is a type of partnership between two websites which allows then to exchange content and provide each other with content. One of the websites can not only publish but also promote another website's content.

In trading weak hands refers to traders not having enough funds or power to carry out a trade or to stick to their chosen trading strategy.

Worn currency are worn out currency bills. They can be torn, damaged or simply be in bad condition. Banks are to accept these bills, exchange them for the proper ones for the clients. Bills themselves are getting exchanged as well.

Wealth effect is a theory that when traders see high prices for the assets and when they tend to win, the spend more and more money for trading, supporting high prices for the assets.

Word-of-mouth marketing is basically a free ad service that goes from consumer to consumer on daily basis just by talking. How does it work? A consumer talks about a service or goods every day, thus lifting the level of interest towards said goods and services in other.

Weak dollar is a situation when the greenback loses value when compared against the basket of its six major rivals. To put is simpler it means that dollar can be bought for the lower price in the foreign currency. Weal dollar can be triggered by both – political and economic factors.

Window settlement is a process of closing the deal between the two dealers where the securities are payed for in person. It is a rare transaction in the modern conditions of the market, but it still happens sometimes.

Workout market is an estimation of the adjustment of market prices in the nearest future. The prediction is known as market maker prediction.

Wage-price spiral is something that we can see in several economies across the globe. It is theory that is used to explain the relations between the high prices and high salaries. Increasing of the salaries leads to the higher purchasing power and higher demand and results in the high prices. High prices lead to demand for the higher salaries and so on… the pressure creates a spiral that is described by this term.

A win rate is a ratio of your trading win to your trading losses. The higher is the ration, the more wins you have. Win rate can also be used as a trading tool that defines how many traders have gone out of a trade with profits rather than losses. Works the best together with reward-risk ratio.