J-L

JASDEC: Japan Securities Depository Centre the CSD for Japan.
JSCC: Japan Securities Clearing Corporation clearing organization in Japan.
Last notice day: The final day that notification of delivery of a futures contract will be possible. On most exchanges all outstanding short futures contracts will be automatically delivered to open long positions.
Last trading day: Often the day preceding last notice day which is the final opportunity for holders of long positions to trade out of their positions and avoid ultimate delivery.
LCH: London Clearing House.
Leverage: The magnification of gains and losses by only paying for part of the underlying value of the instrument or asset; the smaller the amount of funds invested, the greater the leverage. It is ...

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Controls, Procedures and Risk