A New Dictionary Website of Futures Investment Terms.
The futures market is filled with confusing investment terms - like Butterfly Spread and Henry Hub. Investmenterms.com seeks to help futures traders with an advanced online dictionary.
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December 31, 2007 (FPRC) -- Jim Cramer, the famous media personality and investor, frequently describes investment related terms as "Genuine Wall Street Gibberish". That sentiment is all too common in the trading community - among rookies and pros alike. Investmentterms.com was just released as the start of a long-term project to cut through the "gibberish" and bring meaningful definitions to the futures community.
The site contains a number of interesting features. The homepage consists of 6 randomly selected words rotating on a daily basis. The site is easy to navigate, with a browse box offering a dictionary-like index by letter of the alphabet. Additionally, the site has an integrated search feature, making it easy to find a desired term. A really cool feature is the Word of the Day RSS feed, which is a handy way to learn a new investment term every day.
The definitions provided are clear and well written. For instance, the definition of a Butterfly Spread on the website is "A three-legged option spread in which each leg has the same expiration date but different strike prices. For example, a butterfly spread in soybean call options might consist of one long call at a $5.50 strike price, two short calls at a $6.00 strike price, and one long call at a $6.50 strike price."
In the near future, the site will integrate a number of web 2.0 technologies such as widgets, video, user tags, and more. While the site is still very small today, new terms and features will be regular and often.
Send an email to Steve Walker of Ocomoc
(888) 676-2479
Keywords:
investment terms, butterfly spread, trading glossary
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