Business and Personal Finance Dictionary
# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
- 6 FOR 50
Floor trader language meaning that the trader is bidding 6 (or 6/32nds, etc.) per contract on 50 contracts. (Source: Charles di Francesca, as quoted by William D. Falloon in "God Doesn't Trade Bonds," Derivatives Quarterly, Fall 1999.)Back