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| Naked | Selling naked options refers to a sold options contract with no hedge position in place. Such a position leaves the option seller (writer) exposed to ... |
| NASD | National Association of Securities Dealers: The American self-regulatory organization of the securities industry responsible for the regulation of Nasdaq and the over-the-counter markets. ... |
| Nasdaq | National Association of Securities Dealers Automated Quotations system. This is a computerized system providing brokers and dealers with securities price quotes. ... |
| Near the Money | (NTM) - Refers to an option with a strike price that is almost equal to the current market price of the underlying security. Where the ... |
| New York Stock Exchange | (NYSE) - The largest stock exchange in the USA. ... |
| No Dealing Desk Broker | A No Dealing Desk (NDD) Broker provides a platform where liquidity providers such as banks can offer prices to the NDD platform. Incoming orders are ... |
| No Load Fund | Mutual Fund offered by an open end investment company that imposes no sales charge (load) on its shareholders. Investors buy shares in no-load funds directly ... |
| Note | A short-term debt instrument. They normally mature in or less than five years. ... |
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