Spider

(redirected from Spidering)
Also found in: Dictionary, Thesaurus, Medical, Idioms, Encyclopedia, Wikipedia.

Spider

See: SPDRs

Spider

Also called a Standard & Poor's Depositary Receipt or a SPDR. An exchange-traded fund that tracks the Standard and Poor's 500. The organization issuing the SPDR owns each of the stocks traded on the S&P 500 in approximate ratio to their market capitalization. SPDR shares can be bought, sold, short-sold, traded on margin; they generally function as if they were stocks. Dividends are paid quarterly and are based on the accumulated dividends of all the stocks represented in the SPDR, less any expenses. Investors use SPDRs (and indeed all exchange-traded funds) as a way to easily diversify their portfolios at relatively low cost. Investors also see the demand for SPDRs as an indicator of which direction the market believes the S&P 500 is going. See also: Mid-Cap SPDR.

spider

References in periodicals archive ?
Without spidering technology, virtually no one would be able to navigate the Web as freely as they do today," said Robert J.
The product integrates Lycos' powerful Web spidering technology with Inmagic's sophisticated DB/Text(R)WebServer search and publishing engine, the first Internet search tool to feature a "word wheel" that eliminates trial-and-error searching of Web site contents.
In addition to the benefits of CentiSpeed retrieval, Lycos has furthered its leadership in the development of web indexing tools with a number of advanced enhancements in its spidering technology.