Tag: L

Last Trading Day

The final day during which trading in a particular option contract is permitted.

Leading Indicator

A leading indicator is an economic gauge that records changes before the overall economy experiences them. They are used to forecast financial and economic trends.


An investment technique which uses a small amount of money to make a much higher value investment.


The London Interbank Bid Rate; the rate charged by one bank to another for deposits.


Acronym for London Inter-Bank Offer Rate. The interest rate that the banks charge each other for loans (generally in Eurodollars).


Acronym for London International Financial Futures and Options Exchange. The three largest UK futures markets.


A Limit, is an order to close a trade when the market moves a specified amount to the advantage of a position.

Limit Down

The maximum price drop allowed on a futures contract in a single trading day.

Limit Entry

An Entry Order is an order to enter the market at a specified price.

Liquid Asset

An asset that is easily convertible into money without impacting its value.