S&P 500 Index Ticker Symbol
What is the Ticker Symbol for the S&P 500 Index? The S&P 500 index, or Standard & Poor’s 500, is a very important index that tracks the performance of the stocks of 500 large-cap companies in the U.S. The ticker symbol for the S&P 500 index is ^GSPC. The series of letters represents the performance...
S&P 500 Index
What is the S&P 500 Index? The Standard and Poor’s 500 Index, abbreviated as S&P 500 index, is an index comprising the stocks of 500 publicly traded companies in the U.S. with the highest values of market capitalization. Market capitalization, or market cap, is the product of the number of outstanding shares of a company...
Dutch Tulip Bulb Market Bubble
What was the Dutch Tulip Bulb Market Bubble? The Dutch tulip bulb market bubble (or tulip mania) was a period in the Dutch Golden Age during which contract prices for some of the tulip bulbs reached extraordinarily high levels and then dramatically collapsed in February 1637; the rarest tulip bulbs traded for as much as...
Head Trader
What is a Head Trader? A head trader refers to either the head of an independent trading company or the head of the trading department at a registered securities firm or other financial institution that conducts trading in the financial markets. Job Responsibilities of a Head Trader 1. Ensure regulatory compliance with local, state, and...
Statute of Frauds
What is the Statute of Frauds? The statute of frauds is a foundational principle of common law that requires – for them to be enforceable – some types of contracts to be written rather than merely oral agreements. It is a longstanding and well-established legal principle, originating in 17th century English law. The original legislative...
