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. Quanto Swap

    A swap with varying combinations of interest rate, currency and equity swap features, where payments are based on the movement of two different countries' interest rates. This is also referred to as a differential or "diff" swap.
  2. Genuine Progress Indicator - GPI

    A metric used to measure the economic growth of a country. It is often considered as a replacement to the more well known gross domestic product (GDP) economic indicator. The GPI indicator takes everything the GDP uses into account, but also adds other figures that represent the cost of the negative effects related to economic activity (such as the cost of crime, cost of ozone depletion and cost of resource depletion, among others).
  3. Accelerated Share Repurchase - ASR

    A specific method by which corporations can repurchase outstanding shares of their stock. The accelerated share repurchase (ASR) is usually accomplished by the corporation purchasing shares of its stock from an investment bank. The investment bank borrows the shares from clients or share lenders and sells them to the company.
  4. Microeconomic Pricing Model

    A model of the way prices are set within a market for a given good. According to this model, prices are set based on the balance of supply and demand in the market. In general, profit incentives are said to resemble an "invisible hand" that guides competing participants to an equilibrium price. The demand curve in this model is determined by consumers attempting to maximize their utility, given their budget.
  5. Centralized Market

    A financial market structure that consists of having all orders routed to one central exchange with no other competing market. The quoted prices of the various securities listed on the exchange represent the only price that is available to investors seeking to buy or sell the specific asset.
  6. Balanced Investment Strategy

    A portfolio allocation and management method aimed at balancing risk and return. Such portfolios are generally divided equally between equities and fixed-income securities.
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