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Price moves in a single direction and it usually closes on an extreme for the day.

An order receives a partial fill when it trades only part of its total committed volume.

A special term attached to an equity order that requires the trade to be settled either the same day or the following business day for cash.

the third Friday of March, June, September and December is the day when index futures, index future options, and certain stock options all expire. Triple Witching Fridays are know for high volatility.

With respect to stocks split or dividends, a pay date is the date that a company pays a dividend or stock split out, which is usually the day before the ex-dividend date.

Cash in bank and all securities that can readily be converted to cash within three months or less. 

The specific security, commodity, index or financial instrument that an option or futures contract is traded.

A payment made by a market maker to a broker as a thank you for directing your stock trade to that market maker.

A dividend/distribution that is paid in cash.

A stock trading below its fair value.