Alphabetical - U

UndatedPerpetual
Underlying VariableA variable that the price of an option or other derivatiave depends on
Unit Trusta portfolio of holdings in various companies, divided into units which are bought and sold directly. An 'open ended' fund for example.
Unsecured Bond??
Unsettled CashThis is the cash amount before the trade has actually been settled.
Unsystematic Risksee Nonsystematic Risk
UnwindTo reverse a transactions by using an offsetting transaction
Up and In OptionAn option that comes into existence when the price of the underlying asset increases to a certain level.
Up and Out OptionAn option that ceases to exist when the price of the underlying asset increases to a certain level.
USMUnlisted Securities Market
Undated
Perpetual
Underlying Variable
A variable that the price of an option or other derivatiave depends on
Unit Trust
a portfolio of holdings in various companies, divided into units which are bought and sold directly. An 'open ended' fund for example.
Unsecured Bond
??
Unsettled Cash
This is the cash amount before the trade has actually been settled.
Unsystematic Risk
see Nonsystematic Risk
Unwind
To reverse a transactions by using an offsetting transaction
Up and In Option
An option that comes into existence when the price of the underlying asset increases to a certain level.
Up and Out Option
An option that ceases to exist when the price of the underlying asset increases to a certain level.
USM
Unlisted Securities Market

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