What Is a Large Trader? A large trader is an investor or organization with trades that are equal to or exceed certain amounts as specified by the Securities and Exchange Commission (SEC). A large trader is defined by the SEC as “a person whose transactions in National Market System (NMS) securities equal or exceed two
Larry Ellison co-founded the software giant Oracle Corp. (ORCL) in 1977. Under his leadership, Oracle grew from a start-up with three programmers into the largest supplier of database software and the second-largest supplier of business applications in the world. Oracle’s rapid growth under Ellison’s leadership relied on his impressive track record in identifying and conquering
R. Lawrence (Larry) Montgomery was a retail executive and philanthropist who was best known for his role as chairman and chief executive officer (CEO) of Kohl’s. Based out of Wisconsin, the department store has both an impressive brick-and-mortar presence throughout the United States and a robust online presence. Montgomery was known for helping to turn
What Is the Last Trading Day? The last trading day is the final day that a futures contract, or other derivatives with an expiry date, may trade or be closed out before the delivery of the underlying asset or cash settlement must occur. At the end of the last trading day, the contract holder must be
What Is a Last Will and Testament? A last will and testament is a legal document that communicates a person’s final wishes pertaining to their assets. It provides specific instructions about what to do with their possessions. It will indicate whether the deceased leaves them to another person, a group, or wishes to donate them to
What Is Know Your Client (KYC)? Know Your Client (KYC) is a standard in the investment industry that ensures advisors can verify a client’s identity and know their client’s investment knowledge and financial profile. Three components of KYC include the customer identification program (CIP), imposed under the USA Patriot Act in 2001, customer due diligence
What Is the KOF Economic Barometer? The KOF Economic Barometer is a composite indicator that provides a reliable reading on the direction of GDP growth for the Swiss economy compared with the same quarter a year earlier. The KOF Economic Barometer is based on a multi-sectoral design with three modules: core GDP, construction, and banking.
What Is a Kondratieff Wave? Kondratieff Wave, named after Russian economist Nikolai Kondratieff, refers to cycles, lasting about 40 to 60 years, experienced by capitalist economies. Also known as “Kondratiev waves,” “super-cycles,” “K-waves,” “surges,” and/or “long waves.” Key Takeaways Kondratieff Wave – also known as super-cycles, K-waves, surges, and long waves – refers to cycles
What Is a Kondratiev Wave? A Kondratiev Wave is a long-term economic cycle in commodity prices and other prices, believed to result from technological innovation, that produces a long period of prosperity alternating with economic decline. This theory was founded by Nikolai D. Kondratiev (also spelled “Kondratieff”), an agricultural economist who noticed agricultural commodity and
What Are Key Performance Indicators (KPIs)? Key performance indicators (KPIs) refer to a set of quantifiable measurements used to gauge a company’s overall long-term performance. KPIs specifically help determine a company’s strategic, financial, and operational achievements, especially compared to those of other businesses within the same sector. Key Takeaways Key performance indicators (KPIs) measure a
