Brokers (Order Types/Accounts/etc) Terms

  1. Negative Gearing

  2. Negative Obligation

  3. Negotiated Dealing System - NDS

  4. Net Debt To EBITDA Ratio

  5. Neural Network

  6. No Dealing Desk

  7. No Quote

  8. Nominee

  9. Non-Client Order

  10. Non-Directed Order

  11. Non-Marginable Securities

  12. Non-Objecting Beneficial Owner - NOBO

  13. Odd Lot

  14. Off-Floor Order

  15. One To Many

  16. Operating Leverage

  17. Option Margin

  18. Order Management System - OMS

  19. Order Splitting

  20. Outside Broker

  21. Overleveraged

  22. Paid-Up

  23. Pairing Off

  24. Paper Trade

  25. Partial Redemption

  26. Payment For Order Flow

  27. Pit

  28. Pork Chop

  29. Portfolio Margin

  30. Prime Of Prime - PoP

  31. Principal Orders

  32. Prop Shop

  33. Public Book (Of Orders)

  34. Pyramiding

  35. Qualified Professional Asset Manager - QPAM

  36. Qualified Special Representative Agreement - QSR

  37. Quote Stuffing

  38. Rainmaker

  39. Regulation T - Reg T

  40. Regulation U

  41. Remargining

  42. Research Note

  43. Reverse Leveraged Buyout

  44. Risk-Based Haircut

  45. Rolling Settlement

  46. Round Lot

  47. Same-Day Substitution

  48. Seat

  49. Secondary Buyout

  50. Securities Lending

  51. Securities Transfer Association Medallion Program - STAMP

  52. Segregation

  53. SelectNet

  54. Self-Dealing

  55. Selling Away

  56. Settlement Agent

  57. Settlement Price

  58. Short Market Value

  59. Short Sale

  60. SPAN Margin

  61. Special Memorandum Account - SMA

  62. Standard Lot

  63. Stock Ahead

  64. Stock Exchange Daily Official List - SEDOL

  65. Stock Power

  66. Stock Record

  67. Stock Watcher

  68. Stockbroker

  69. Story Paper

  70. Street Name

  71. SuperMontage

  72. Tailgating

  73. Tape Is Late

  74. Tape Shredding

  75. Telephone Booth

  76. Third Market Maker

  77. Total Debt-to-Capitalization Ratio

  78. Trading Account

  79. Trading Margin Excess

  80. Trading Platform

  81. Trading Software

  82. Transfer Procedures

  83. Two Dollar Broker

  84. Unlevered Beta

  85. Unlevered Free Cash Flow - UFCF

  86. Upstairs Market

  87. Watch List

  88. Window Settlement

  89. Wire House Broker

  90. Wrap Account

  91. Xetra

  92. Yield Spread Premium

Hot Definitions
  1. Federal Reserve Note

    The most accurate term used to describe the paper currency (dollar bills) circulated in the United States. These Federal Reserve Notes are printed by the U.S. Treasury at the instruction of the Federal Reserve member banks, who also act as the clearinghouse for local banks that need to increase or reduce their supply of cash on hand.
  2. Benchmark Bond

    A bond that provides a standard against which the performance of other bonds can be measured. Government bonds are almost always used as benchmark bonds. Also referred to as "benchmark issue" or "bellwether issue".
  3. Market Capitalization

    The total dollar market value of all of a company's outstanding shares. Market capitalization is calculated by multiplying a company's shares outstanding by the current market price of one share. The investment community uses this figure to determine a company's size, as opposed to sales or total asset figures.
  4. Oil Reserves

    An estimate of the amount of crude oil located in a particular economic region. Oil reserves must have the potential of being extracted under current technological constraints. For example, if oil pools are located at unattainable depths, they would not be considered part of the nation's reserves.
  5. Joint Venture - JV

    A business arrangement in which two or more parties agree to pool their resources for the purpose of accomplishing a specific task. This task can be a new project or any other business activity. In a joint venture (JV), each of the participants is responsible for profits, losses and costs associated with it.
  6. Aggregate Risk

    The exposure of a bank, financial institution, or any type of major investor to foreign exchange contracts - both spot and forward - from a single counterparty or client. Aggregate risk in forex may also be defined as the total exposure of an entity to changes or fluctuations in currency rates.
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