Spider

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Spider

See: SPDRs
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

spider

Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
In terms of edge ratio, the Epidemic algorithm has the highest edge ratio of about 60% compared with SERP algorithms.
Ademas, las busquedas transaccionales pueden ser para 'obtener', para 'descargar' o 'interactuar' o bien aquellas que tienen como objetivo final la propia SERP al dar solucion a un problema de tipo informacional.
SERPs are funded entirely by the employer with no contribution by the employee.
Finally, there is no participant investment risk in a DB SERP, while there may be some risk in a DC plan.
Yet, the prevalence of SERPs overall has followed a downward trend, according to the report.
With the inclusion of native IP support, Neomar's SERP now enables service providers to support aggregated secure wireless data traffic across all cellular and mobile networks, including the DataTAC and Mobitex networks used for Palm OS, Pocket PC, J2ME, and all RIM BlackBerry handheld devices, CDPD, GSM, TDMA, CDMA, and 802.11 networks, as well as next-generation 2.5G wireless networks GPRS and CDMA2000 1x.
One approach to maximize wealth for future generations and create liquidity to pay estate taxes is called a "SERP swap." Also known as a preservation of wealth plan, a benefit exchange or an excess benefit swap, the arrangement allows participants to exchange heavily taxed retirement benefits for employer-funded life insurance contracts.
The answer to that quandary is to back the SERP with funds put into an appropriately devised trust, one that can't be tapped by the executive until retirement.
Jewish men and women belonged to reconstituted Russian political parties: Gurevich, Bliumberg, and other SERP activists to the PSR; Shur, Rakhil Rozenberg, and other Bundists to Smolensk's "united" SD organization, and Dr.
As the qualified plan markets grow increasingly complex and pension benefit limits are lowered, Supplemental Executive Retirement Plans (SERP) are becoming more popular.
By winning the SERP competition two years ago, Whirlpool Corp.
The company offers three qualified defined benefit plans as well as a nonqualified defined benefit plan-a supplemental executive retirement plan (SERP)-and a nonqualified deferred compensation (NQDC) plan.