Tag: broker

National Association of Securities Dealers

National Association Of Securities Dealers (NASD)

What is the National Association of Securities Dealers (NASD)? The National Association of Securities Dealers (NASD) is the largest securities market regulator in the United...

Odd Lot

What is an 'Odd Lot' An odd lot is an order amount for a security that is less than the normal unit...

Margin Call

DefinitionMargin Call is a 2011 American drama film written and directed by J. C. Chandor. The principal story takes place over a 24-hour period...
Omnibus account

Omnibus Account

What is an Omnibus Account An Omnibus account is a single account that is used to hold securities for multiple clients. The account is maintained...

Mandatory Mortgage Lock

Home Ownership by Country Mandatory Mortgage Lock What is 'Mandatory Mortgage Lock' The sale of a mortgage in the secondary mortgage market...

Maintenance Margin

DefinitionIn finance, margin is collateral that the holder of a financial instrument has to deposit with a counterparty to cover some or all of...

Short Selling

DefinitionIn finance, a short sale is the sale of an asset that the seller does not own. The seller effects such a sale by...

Stop-Loss Order

A stop loss order is an order that is placed with a broker because a stock has reached a certain price. This is basically...

Binary Option

DefinitionA binary option is a financial option in which the payoff is either some fixed monetary amount or nothing at all. The two main...

Cancellation

What is 'Cancellation' A cancellation is a notice made by a broker, to his client, informing him an erroneous trade was made and is being...

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