Investopedia

Continue to Site »

Senior Registered Options Principal - SROP

Filed Under » ,
Dictionary Says

Definition of 'Senior Registered Options Principal - SROP'

An officer or general partner of an options trading firm who supervises options exposure and trading activity in clients' accounts. SROPs also must have passed the Series 4 exam. FINRA eliminated the requirement for firms to have an SROP in June 2008. It also eliminated the requirement for firms to have a Compliance Registered Options Principal (CROP) to oversee the firm's regulatory compliance for its options trading activities, a position that was sometimes held by the SROP.

Investopedia Says

Investopedia explains 'Senior Registered Options Principal - SROP'

FINRA decided that multiple employees could manage an SROP's former responsibilities as long as the options trading firm continued to meet its supervisory and compliance requirements. Anyone supervising a firm's options and security futures business, including its sales and advertising activities, however, must be a Registered Options and Security Futures Principal.

Articles Of Interest

  1.

    Investors: Rely On Your Gut

    Find out how your personality and natural instincts can direct your investment choices.

  2. Implied Volatility: Buy Low And Sell High

    This value is an essential ingredient in the option pricing recipe.

  3. Offset Risk With Options, Futures And Hedge Funds

    Though all portfolios contain some risk, there are ways to lower it. Find out how.

  4. Commodities That Move The Markets

    Find out how the everyday items you use can affect your investments.

  5. What Is Option Moneyness?

    Get the basics under your cap before you get into the game.

  6. Selecting A Hot SPOT Option

    These options allow investors to have full control over their investments.

  7. American Options Investors: Should You Go Euro?

    These two options have many similar characteristics, but it's the differences that are important.

  8. A Day In The Life Of A Day Trader

    Day trading has many advantages and, while we often hear about these perks, it's important to realize that day trading is hard work.

  9. Financial Designations That Employers Require

    We break down the designations that are important to have if you want to work in the financial sector.

  10. Designations For The Buy Side

    For those interested in picking securities and financial planning, these certifications could be just what your buy-side financial career needs.
comments powered by Disqus
Marketplace
Hot Definitions

  1. Disaster Loss

    A special type of tax-deductible loss, similar to a casualty loss, where a loss has been incurred by taxpayers who reside in an area that has been designated as a federal disaster area by the President.

  2. Fool In The Shower

    The notion that changes or policies designed to alter the course of the economy should be done slowly, rather than all at once.

  3. Pattern Day Trader

    An SEC designation for traders who trade the same security four or more times per day (buys and sells) over a five-day period, and for whom same-day trades make up at least 6% of their activity for that period.

  4. Cost-Push Inflation

    A phenomenon in which the general price levels rise (inflation) due to increases in the cost of wages and raw materials.

  5. Happiness Economics

    The formal academic study of the relationship between individual satisfaction and economic issues, such as employment and wealth.

  6. Affluenza

    A social condition arising from the desire to be more wealthy, successful or to "keep up with the Joneses." Affluenza is symptomatic of a culture that holds up financial success as one of the highest achievements.
Trading Center
Array ( )
taggroups(for debug only):
Array ( [0] => Professionals [1] => Markets [2] => Professional Education [3] => What's New [4] => Career Growth [5] => Personal Finance )