Mid-cap SPDRs

Definition:

This is the same as a SPDR except the indexit tracks is Standard&Poor's Mid-cap 400. This SPDR also trades on the AMEX, under the symbol MDY.

Investing Essentials


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

Term of the Day

Fail

A deal is said to fail if on the settlement date either the seller does not deliver securities in proper form or the buyer does not to deliver funds in proper form.

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