Secured Loans
IC
See: Information Coefficient
Idiosyncratic Risk
Unsystematic risk or risk that is uncorrelated to the overall market risk. In other
words, the risk that is firm specific and can be diversified through holding a
portfolio of stocks.
IDR
See: International Depository Receipt
IFC
See: International Finance Corporation
I-I page
Refers to over-the-counter trading. Same as H-H page, but exclusively for O.T.C.
Stocks.
Imbalance of orders
Used for listed equity securities. Too many market orders of one kind -- to buy or
to sell or limit orders to buy up or sell down, without matching orders of the
opposite kind. An imbalance usually follows a dramatic event such a takeover,
research recommendation, death of a key executive, or a government ruling that
will significantly affect the company's business. If it occurs before the stock
exchange opens, trading in the stock is delayed. If it occurs during the trading
day, the specialist halts and then suspends trading (with floor governors
approval) until enough matching orders can be found to make an orderly market.
IMF
See: International Monetary Fund
IMM
See: International Monetary Market
Immediate or cancelled order (IOC order)
Used in the context of general equities. Market or limited price order which is to
be executed in whole or in part as soon as such order is represented in the
