Trading Basics
Dividend Adjustment
An adjustment made to an equity derivative to reflect a dividend in the underlying. Typically this is offset by a change in price from the underlying moving to reflect the payment.
Other Trading Basics
Acquisition
When the majority of shares changes hands in a company.
This is typically when one company buys another.
At Best
An order type that instructs the broker to get the best possible price they can obtain for a trader or investor
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