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The IMM dates are the four quarterly dates of each year which certain money market and Foreign Exchange futures contracts and option contracts use as their scheduled maturity date or termination date. The dates are the third Wednesday of March, June, September and December (i.e., between the 15th and 21st, whichever such day is a Wednesday).
The GPS week number rollover is a phenomenon that happens every 1,024 weeks, which is about 19.6 years. The Global Positioning System (GPS) broadcasts a date, including a week number counter that is stored in only ten binary digits , whose range is therefore 0–1,023.
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In foreign exchange trading (FX), a rollover is the action taking place at end of day, where all open positions with value date equals SPOT, will be rolled over to the next business day. [1] This happens since in FX trading the trader doesn't want to actually buy the traded currencies but to continue to trade until position is closed. [ 2 ]
Two years ago, a trader working for the Citi subsidiary over a long weekend in the U.K. went to place a routine trade, selling $58 million worth of equities for the bank’s institutional clients.
Since you can rollover funds from one account to the same type of account, the 60-day rollover rule allows you to borrow funds from your IRA without penalty and interest-free. While many 401(k ...
Topstep also offers an array of trader development resources including group coaching, digital coaching, blogs, podcasts, and YouTube live streams. As of April 12, 2022, Topstep discontinued its Forex trading program to focus on its futures trading program. [ 6 ]
The S&P 500 peaked for the year at 4,796 on its January 3, 2022 close, before declining 25% to its low for the year in October 2022. [11] [12] In the first 6 months of 2022, the S&P 500 fell 21%, the worst 6-month start to a year since 1970. [13] [14] On September 13, 2022, the S&P 500 declined by 4.32% in its largest single-day drop since June ...