From 8c2689c2d24bc9c452f7929314f1675fb27c6a62 Mon Sep 17 00:00:00 2001 From: verymeticulous Date: Wed, 28 Apr 2021 05:23:23 -0400 Subject: [PATCH] Update GME-Starter-Pack.md --- Beginner-Information/GME-Starter-Pack.md | 2 ++ 1 file changed, 2 insertions(+) diff --git a/Beginner-Information/GME-Starter-Pack.md b/Beginner-Information/GME-Starter-Pack.md index 07d739f..5a46b7e 100644 --- a/Beginner-Information/GME-Starter-Pack.md +++ b/Beginner-Information/GME-Starter-Pack.md @@ -28,6 +28,8 @@ Secondly, Here are some definitions of Key Lingo used (in alphabetical order): **DTCC** (or its subsidiary NSCC): the clearance corporation (biggest player worth $63Trillion) +**FTD**: Failure to Deliver; a situation where one party is not able to meet their trading obligations (e.g. when a short position does not own any or all assets required at settlement) + **FUD**: Fear, Uncertainty and Doubt - negative sentiment that is meant to discourage shareholders from buying / holding **FOMO**: A fear of missing out trade occurs when you notice a sharp rally or slump in a stock, and the desire to join in on the price movement