A new dictionary website of futures investment terms.
United States(prwindow)-
December 31 2007 -The futures industry is filled with confusing investment terms - like Butterfly Spread and Henry Hub. Investmenterms.com seeks to help futures traders - rookie and pro - with an online dictionary that
clearly defines trading related terms.
Jim Cramer, the famous media personality and investor, frequently describes investment terms as "Genuine Wall Street Gibberish". That sentiment is all too common in the trading community - among rookies and pros alike. Investmentterms.com was just released as the start of a long-term project to cut through the "gibberish" and bring meaningful definitions to the futures community.
The site contains a number of interesting features. The homepage consists of 6 randomly selected words rotating on a daily basis. The site is easy to navigate, with a browse box offering a dictionary-like index by letter of the alphabet. Additionally, the site has an integrated search feature, making it easy to find a desired term. A really cool feature is the Word of the Day RSS feed, which is a handy way to learn a new investment term every day.
The definitions provided are clear and well written. For instance, the definition of a Butterfly Spread on the website is "A three-legged option spread in which each leg has the same expiration date but different strike prices. For example, a butterfly spread in soybean call options might consist of one long call at a $5.50 strike price, two short calls at a $6.00 strike price, and one long call at a $6.50 strike price."
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