Tag: broker
Qualified Special Representative Agreement (QSR)
What is 'Qualified Special Representative Agreement - QSR' An agreement between broker-dealers to clear trades without the interaction of the NASDAQ ACT...
Variation Margin
How to Calculate Variation and Maintenance Margin
In futures trading, you must provide variation margin to your broker if you want to continue trading. If...
Taking The Street
What is 'Taking The Street' A slang phrase referring to the hedge fund tactic of buying large amounts of a particular stock...
Dealer Market
What is a 'Dealer Market' A financial market mechanism wherein multiple dealers post prices at which they will buy or sell a...
Dealer Bank
What is 'Dealer Bank' A commercial bank authorized to buy and sell government debt securities including federal and municipal bonds. This debt...
Dealer Financing
What is 'Dealer Financing' Loans that are originated by a retailer to its customers and are then sold to a bank or...
Day Loan
What is 'Day Loan' A temporary transfer of funds from a bank to an individual broker or a brokerage firm that is...
Unauthorized Insurer
There are a lot of risks associated with working with an unauthorized insurer. In fact, it's often a bad idea to do so. However,...