Super Finance Glossary
Over 10,000 financial glossary terms...
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Browsing by the letter "N"
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NYMEX Lookalike
Definition: A lookalike swap or lookalike option that is based on a futures contract traded on the New York Mercantile Exchange (NYMEX).
Definition: A lookalike swap or lookalike option that is based on a futures contract traded on the New York Mercantile Exchange (NYMEX).
NYMEX Swap
Definition: A lookalike swap that is based on a futures contract traded on the New York Mercantile Exchange (NYMEX).
Definition: A lookalike swap that is based on a futures contract traded on the New York Mercantile Exchange (NYMEX).
NYSE Composite Index
Definition: Composite index covering price movements of all new world common stocks listed on the New York Stock Exchange. It is based on the close of the market on December 31, 1965, at a level of 50.00, and is weighted according to the number of shares listed for each issue. Print changes in the index are converted to dollars and cents so as to provide a meaningful measure of changes in the average price of listed stocks. The composite index is supplemented by separate indexes for four industry groups: industrial, transportation, utility, and finance.
Definition: Composite index covering price movements of all new world common stocks listed on the New York Stock Exchange. It is based on the close of the market on December 31, 1965, at a level of 50.00, and is weighted according to the number of shares listed for each issue. Print changes in the index are converted to dollars and cents so as to provide a meaningful measure of changes in the average price of listed stocks. The composite index is supplemented by separate indexes for four industry groups: industrial, transportation, utility, and finance.
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