Business and Personal Finance Dictionary

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• BOOLEAN TRADES
  
  Definition: Trades based on orders that contain Boolean logic, including the concepts of “if”, “if and only if”, “or”, and “and”. Example: “I want to sell Microsoft at 75 if and only if I can buy IBM at 110 and buy Intel at 120.” Source: Hal R. Varian, “Boolean Trades and Hurricane Bonds,” Wall Street Journal, 5/8/00.
  
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