Flash Crash

Definition:

Refers to the 700 point drop in the Dow Jones Industrial Average that happened in just a few minutes on May 7, 2010.

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Forward delivery

A transaction in which the settlement will occur on a specified date in the future at a price agreed upon on the trade date.

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