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Right, right, you're 100% correct. To further explain, in most financial jargon, one often call an index by its (historically) most traded tracking fund. That
by Galanwe 3y ago
Right, right, you're 100% correct.
To further explain, in most financial jargon, one often call an index by its (historically) most traded tracking fund. That is, the NASDAQ 100 is often called the QQQ, the S&P 500 is often called "spider" (SPDR), etc.
But you're 100% right, in a comment about vocabulary, jargon has no place.