Triple Witching Day

Occurring on the third Friday of the month that ends each quarter. The date marks the simultaneous expiration of stock options, index futures and index options. There is usually an increased level of trading volume and market volatility on triple witching day as traders unwind positions or roll them over into another expiration month.

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Process by which a bank or other financial institution guarantees a signature in the request for payment on a savings bond, a request for reissue, or other application or request relating to savings bonds....

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