1 definition by SyntheticFriday

Top Definition
Originally coined on the Chicago Board Options Exchange, a Synthetic Friday occurs on a Thursday preceding a Friday in which the market is closed. Since there is no work on Friday, Thursday essentially becomes like a Friday. The word synthetic is used and derived from an option strategy called a Synthetic Long Stock, in which a trader buys a call and shorts a put, each with the same strike price (there are different variations of this strategy/trade.)
Market Maker A: "The market is closed tomorrow since it is Good Friday."
Market Maker B: "Nice, today's a Synthetic Friday."
Market Maker A: "Let's get bombed."
by SyntheticFriday April 01, 2010

Free Daily Email

Type your email address below to get our free Urban Word of the Day every morning!

Emails are sent from daily@urbandictionary.com. We'll never spam you.