CleverCards

Question 1

Net position

Answer 1

The value of the position subtracting the initial cost of setting up the position. For example, if 100 options where purchased for $1 each and the option is currently trading for $9, the value of the net position is $900 - $100 = $800.

Question 2

OTP (One Time Password)

Answer 2

A temporary, secure PIN-code sent to you via SMS or e-mail that is valid only for one session.

Question 3

API (Application Programming Interface)

Answer 3

In the context of APIs, the word Application refers to any software with a distinct function. Interface can be thought of as a contract of service between two applications. This contract defines how the two communicate with each other using requests and responses.

Question 4

SMS Retriever AP

Answer 4

?? This sample code is in JAVA, As per Google’s new policy with the SMS Retriever API, you can perform SMS-based user verification in your Android app automatically, without requiring the user to manually type verification codes, and without requiring any extra app permissions. ??

Question 5

Back End

Answer 5

Relating to, associated with, or occurring in the latter or final part or period of an undertaking or business arrangement. back-end logistics/operations/commissions.

Question 6

Front End

Answer 6

1.
(of money) paid or charged at the beginning of a transaction.
“a front-end fee”
2.
COMPUTING
relating to or denoting the part of a computer system or application with which the user interacts directly.

Question 7

Hard Coded

Answer 7

(1) A part of a program that has been declared as unchanging. For example, a constant is hard coded and remains the same throughout the execution of the program. (2) Programming code that solves a problem but offers less flexibility for future changes.