Tag: securities

National Market System (NMS)

What is a 'National Market System - NMS' A national market system (NMS) is a system with two main functions: ...

On-The-Run Treasuries

What are 'On-The-Run Treasuries' On-the-run Treasuries are the most recently issued U.S. Treasury bonds or notes of a particular maturity. "On-the-run" Treasuries...

Official Committee Of Equity Security Holders

DefinitionAn Official Committee of Equity Security Holders is a group of shareholders formed to represent a larger group of shareholders' interests in a company's...

On Account

What does 'On Account' mean On account is an accounting term that denotes partial payment of an amount owed or the purchase/sale...

Off-The-Run Treasuries

What are 'Off-The-Run Treasuries' Off-the-run treasuries are all Treasury bonds and notes issued before the most recently issued bond or note of...

Over the Counter Trading

DefinitionOver-the-counter or off-exchange trading is done directly between two parties, without the supervision of an exchange. It is contrasted with exchange trading, which occurs...

Odd Lot

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

Mandatory Convertible

What is a 'Mandatory Convertible' A mandatory convertible is a type of convertible bond that has a required conversion or redemption feature....

Off-The-Run Treasury Yield Curve

What is 'Off-The-Run Treasury Yield Curve' The U.S. Treasury yield curve derived using off-the-run treasuries. Off-the-run treasuries refer to U.S. government bonds...
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...

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