Glossary

Below is a glossary of CFD related terms.

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Street name securities (nominee accounts)

In the United States street name securities are securities of publicly traded companies held electronically in the account of a stock broker, similar to a bank account. In the UK these accounts are referred to as being nominee accounts.

Stamp duty (UK)

A tax collected by requiring a stamp to be purchased and attached (usually on documents or publications). The more modern versions of the tax no longer require a physical stamp.

SEAQ

The Stock Exchange Automated Quotation system (or SEAQ) is a system for trading mid-cap LSE stocks.

Stochastic Oscillator

Developed by George C. Lane in the late 1950s, the Stochastic Oscillator is a momentum indicator that shows the location of the current close relative to the high/low range over a set number of periods. Closing levels that are consistently near the top of the range indicate accumulation (buying pressure) and those near the bottom of the range indicate distribution (selling pressure).