gamma scalping n.— «Gamma scalping, when done correctly, allows traders to profit from small daily movements in the underlying stock. This scalping pays for the decay while the investor waits for a large movement in the underlying investment...
pre-baked adj.— «Stapled financing is a relatively new phenomenon in both the U.S. and Europe that presents its own unique set of conflicts. In such a financing transaction the investment bank running the auction of a business also offers a...
stapled financing n.— «Stapled financing is a relatively new phenomenon in both the U.S. and Europe that presents its own unique set of conflicts. In such a financing transaction the investment bank running the auction of a business also offers a...
spinning n.— «Handing out chunky pieces of a hot IPO has led to trouble in other markets. Several years ago, U.S. regulators cracked down on a practice known as spinning, in which investment banks steered hot IPO shares to preferred clients in...
spinning n.— «Westly’s personal fortune also has proved something of a campaign liability. He has been criticized for engaging in a practice known as “spinning,” in which investment banks gave high-tech executives special access to initial public...
cold shell n.— «Two of the buildings with about 350,000 square feet are unfinished, or in what the industry calls “cold-shell” condition and would require additional investment of about $100 a square foot before they could be occupied.» —“Sale of...