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Downtick A trade in a particular stock at a price lower than the trade immediately preceding it. On U.S. stock exchanges, you cannot sell a stock short on a downtick.
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Overweight Usually refers to recommendation that leads an investor to increase their investment in a particular security or asset class. The increase is usually with respect to a benchmark. Suppose that U.S. equities compose 40% of the benchmark portfolio. If one thinks the U.S. will outperform, the investor may increase the exposure to U.S. equity to more than 40%.
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London Metal Exchange (LME) A market for trading base metals, where tradedoptions contracts are available against the underlyingfutures contract.
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Net financing cost Also called the cost of carry or, simply carry, the difference between the cost of financing the purchase
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