Bowl Market: Don’t laugh. Most MBS traders would have killed for a bonus this good.

\jak-n-the-böks\ n: A trader who, having been given favorable terms on a compelling trade by a broker, soon discovers that the trade is much, much larger than he’s accustomed to, then jumps up and down in the pit in a panic to exit the position. Usage: “See Fenster, that jack in the box? The silly bastard went long whale oil again. I’ll give you $50 if you can throw your hoagie and hit him in the face next time he pops up.”