Wall Streeters, like any other group of people, have their own language based on what they do and see every day. The same word for clients is also used for girls.
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In banking, bandwidth is a nerdy way of asking if someone has the capacity to take on more work. A typical usage: This indicates that there's a lot of (upside), or no (downside) benefit in a given situation. since. Having a "fat finger" or performing a "fat finger error" is one of a few Wall Street market terms that has become applicable in many other lines of work and even everyday life, thanks to the worldwide proliferation of computers and smart phones. The phrase is also used in everyday conversation to say maybe. However, the phrase has stuck. A place of opportunity, a place of death. If a bond exhibits positive convexity, the price increases at an accelerating rate when market interest rates fall. In banking, facetime means to physically stay in the office, usually very late, so that others see you working. The stories dominating banking, business, and big deals. ... Patrick Bateman is a yuppie. Everything you need to know about the market - quick & easy. Another word for Wall Street. Say you're partying at PH-D at the Dream Downtown and your Managing Director decides to buy a bunch of bottles of Grey Goose. If you have kids, the mornings can feel like fire drills when you have to get yourself and a bunch of little bodies out the door in time. Not to be confused with deep pockets, a back pocket is simply backup. You beat someone to the punch. Use: If a commodity is in contango, it usually reflects weak demand today or strengthening demand over time. Barring some of the naughtier expressions, there are quite a few witty terms that anyone can use to express everyday life situations or make for some clever cocktail party conversation. The idea behind the crude phrase is that even a dead cat will bounce a bit if it is dropped from a large enough height. Trading big money or a large number of securities. Don't have a Benzinga account? In real life, tombstones can come in the form of athletes collecting trophies to something more boisterous as that neighbor showing off his fancy new car. In other walks of life, bandwidth gets stretched too thin when you take on too many commitments. Where other dictionaries start at A and end at Z, Wall Street Lingo is organized in chapters, by subject. "I'm ready for another elephant.
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Black Wallstreet is a record label (name was adopted from the historical Black community of Tulsa Oklahoma) in which The Game, former G-Unit member, now current snitch hater, is CEO of. In trading terms, this means you're free to go to the market.
In other lines of work, such errors maybe lead to typos and misspellings. Now the tape isn't just for stocks or bonds though, it could be for ordering anything from food to drugs. The term was referenced in Michael Lewis's "Liar's Poker": "If he could make millions of dollars come out of those phones, he became that most revered of all species: a Big Swinging D*ck.". Create one. Trader: "I'm junked up on Venezuelan 10-years!". Whether it's competing for a job, landing a part, or shopping around for the best quotes, life is full of such competition. Recently, we've seen backwardation in the silver market. That is an uptick. Benzinga does not provide investment advice. WSB Slang Disctionary. Please just read the directions and be done with it.". I'm a long time day trader, but older fella who doesn't understand a lot of this lingo. Example: "I'm bringing extra juice boxes and lollipops to the store, just to have in my back pocket if my three-year-old decides to throw a tantrum.". This risk is particularly high when interest rates are falling. The futures price will be below the spot price. Should an investment end early, they may be unable to find a suitably high rate elsewhere. The date was June 1, 1921, when "Black Wall street," the name fittingly given to one of the most affluent all-black communities in America, was bombed from the air and burned to the ground. Short selling and everything you need to know about it is already difficult enough, and this relatively recent term of "clowngrading" as a phenomenon has been exacerbated by the internet as the increased speed at which transactions occur in today's markets expound upon themselves. This rapid decision making can lead to announcements that, in hindsight, appear to be ludicrously ill-advised, and are known as "clowngrades. Even when investors understand the terms, they often don't know where some of the crazy slang … 63 comments.
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