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. Yield Burning

    The illegal practice of underwriters marking up the prices on bonds for the purpose of reducing the yield on the bond. This practice, referred to as "burning the yield," is done after the bond is placed in escrow for an investor who is awaiting repayment.
  2. Marginal Analysis

    An examination of the additional benefits of an activity compared to the additional costs of that activity. Companies use marginal analysis as a decision-making tool to help them maximize their profits. Individuals unconsciously use marginal analysis to make a host of everyday decisions. Marginal analysis is also widely used in microeconomics when analyzing how a complex system is affected by marginal manipulation of its comprising variables.
  3. Treasury Inflation Protected Securities - TIPS

    A treasury security that is indexed to inflation in order to protect investors from the negative effects of inflation. TIPS are considered an extremely low-risk investment since they are backed by the U.S. government and since their par value rises with inflation, as measured by the Consumer Price Index, while their interest rate remains fixed.
  4. Gilt-Edged Switching

    The selling and repurchasing of certain high-grade stocks or bonds to capture profits. Gilt-edged switching involves gilt-edged security, which can be high-grade stock or bond issued by a financially stable company such as the Blue Chip companies or by certain governments.
  5. Master Limited Partnership - MLP

    A type of limited partnership that is publicly traded. There are two types of partners in this type of partnership: The limited partner is the person or group that provides the capital to the MLP and receives periodic income distributions from the MLP's cash flow, whereas the general partner is the party responsible for managing the MLP's affairs and receives compensation that is linked to the performance of the venture.
  6. Class Action

    An action where an individual represents a group in a court claim. The judgment from the suit is for all the members of the group (class).
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