DOW stands for the Dow Jones Industrial Average which is also known as the Dow 30, Industrial Average, Dow Jones or simply the Dow. Investing in the Dow Jones Industrial Average is accessed widely within equities through exchange traded funds as well as derivatives through future contracts and option contracts. The Dow is one of [...]
Archive for the ‘Business’ Category
What does HSBC stand for?
Posted by admin on March 3rd, 2012
HSBC originally stood for Hongkong and Shanghai Banking Corporation. It now falls under the parent company HSBC Holdings plc and it is a public limited company that was established in England and Wales in 1990, with headquarters in London since 1993. It is both the world’s largest banking group and the world’s 6th largest company, [...]
What does AIG stand for?
Posted by admin on February 6th, 2012
The acronym AIG stands for American International Group. It is an insurance corporation located in America with its corporate head quarters in the New York City. AIG was established in 1919 by Cornelius Vander Starr in Shanghai China. Starr was the first Westerner to sell insurance to Chinese which he continued until he relocated AIG [...]
What does NYSE stand for?
Posted by admin on January 27th, 2012
NYSE is the acronym for the New York Stock Exchange. The New York Stock Exchange originated in 1792 from the Buttonwood Agreement which was signed by twenty four (24) New York City merchants and stockbrokers. The agreement saw to the unswerving and unfailing commitment of the New York Stock Exchange to issuers and investors. The [...]
What does Swift stand for?
Posted by admin on January 26th, 2012
The acronym S.W.I.F.T stands for Society for World Interbank Financial Telecommunication. SWIFT is a non-profit messaging service-type organization with its headquarters located in Belgium. One can find SWIFT offices in the developing markets and the world’s major financial centres. SWIFT is member owned and its membership consists of financial institutions. Origin The origin of SWIFT [...]
What does KTM stand for?
Posted by admin on January 13th, 2012
KTM represents KTM Sport motor cycle AG an Austrian motorcycle maker. The company was inducted by engineer Hans Trunkenpolz in 1934. It commenced as a metal working shop and began making motorcycles in 1954. Albeit KTM is largely known for off road motorcycles it has in recent years broadened its delivery into street motorcycle manufacture. [...]
Posted in Business, Sport 
Tags: Austrian motorcycle maker, KTM, KTM Sport motor cycle AG 
No Comments »What does NASCAR stand for?
Posted by admin on January 7th, 2012
NASCAR stands for National Association for Stock Car Auto Racing. NASCAR is a family-owned and operated business venture that administers and authorizes numerous auto racing sports events. Bill France Snr. Founded the association in 1947-48. Since the start of 2009, the CEO for the company is the grandson of the late Bill France Sr., Brian [...]
Posted in Business, Miscellaneous, Sport Tags: NASCAR, National Association for Stock Car Auto Racing No Comments »What does NASDAQ stand for?
Posted by admin on November 27th, 2011
NASDAQ is known as NASDAQ Stock Market. It is an American stock exchange and is the largest electronic screen based equity securities trading market in the United States. NASDAQ Stock Market has more trading volume per hour than any other stock exchange in the world and it has about 3,700 corporations and companies. The National [...]
What does CIGNA stand for?
Posted by admin on November 11th, 2011
About CIGNA CIGNA Corporation or NYSE: CI is an American for profit health insurance company. The health care headquarters may be found in Bloomfield, Connecticut, while the corporate headquarters are located at Two Liberty Place in Center City Philadelphia, Pennsylvania. CIGNA additionally has a major presence in the Phoenix, AZ metro area with its full-service [...]
What does ECN stand for?
Posted by admin on October 22nd, 2011
ECN is the acronym for Electronic Communications Network. This term is often used in financial circles to represent a type of computer system that facilitates the trading of financial products outside of stock exchanges. Currencies and stocks are the main products that are traded on ECNs. ECNs came into being in 1998 when the SEC [...]
Posted in Business, Computer terms, Technology/Science Tags: ECN, Electronic Communications Network No Comments »