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| Discuss What do the following terms mean? at the Beginners Guide within the Traderji.com - Discussion forum for Stocks Commodities & Forex; 1. While trading equities, what do RL, SL, ST, NT, OL, AU and ALBM mean? ... |
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#1
30th April 2008, 08:27 PM
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What do the following terms mean?
1. While trading equities, what do RL, SL, ST, NT, OL, AU and ALBM mean? 2. What does the vadility type of EOSESS, EOTODY and EOSTLM mean? In the same category, DAY, GTD(DAYS), GTD(dd/mm), GTC and IOC mean? 3. What does squaring off mean? 4. What is the difference between variable margin and exposure margin? 5. What does MTMP and MTML mean? 6. What is the difference between first-leg and second-leg trading? 
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#2
30th April 2008, 08:29 PM
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Re: What do the following terms mean?
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#4
30th April 2008, 08:56 PM
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Re: What do the following terms mean?
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albm:automated lending & borrowing mechanism eosess:end of session eotody:end of today's session eostlm:end of settelment mtmp: mark 2 mkt price mtml:mark 2 mkt loss first leg means from preopening 2 mid session & then from mid 2 end session
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#5
30th April 2008, 09:34 PM
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Re: What do the following terms mean?
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What is the duration for eosess and eostlm? I hope these qestions don't sound foolish, I've not even begun trading yet. I wasn't able to search for them google, usually the link would point to traderji itself, and the threads were mostly non-informative. The first leg gets over at 1PM? So the legs only apply to day trading?
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#6
7th May 2008, 03:06 PM
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Re: What do the following terms mean?
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2)eosess depends upon which sessios ur trading in....there is also post session trading that happens. EOSTLM is not there any more.there "end of day" Leg i have not herd of!!!!!!!!! Varun
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#7
30th May 2008, 12:31 PM
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Re: What do the following terms mean?
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RL-regular lot St-special trade Nt-negotiated trade ol-odd lot AU-auction market gfd- good for day gtd-good till day gtc-good till cancelled ioc-immediate or cancell
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#8
30th May 2008, 12:45 PM
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Re: What do the following terms mean?
Quote:
when u cover your outstanding position by squaring up ie sell(or buy in case u have shorted the contract earlier), this is second leg.
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