摘要: The act of selling undesirable securities from the broker-dealer's account to client accounts. Stuffing allows broker-dealer firms to avoid taking losses on securities that are expected to decline in[阅读全文:]
摘要: A fully integrated order entry and execution system used by Nasdaq for all securities' transactions.
The SuperMontage system has replaced the SuperSoes and SOES systems as it is more ac[阅读全文:]
摘要: One of three key market participants on the New York Stock Exchange (NYSE). Supplemental Liquidity Providers (SLPs) are market participants that use sophisticated high-speed computers and algorithms t[阅读全文:]
摘要: 1. In mutual funds, the process of transferring an investment from one fund to another.
2. In securities, the process of liquidating a position in exchange for other securities with better pro[阅读全文:]
摘要: A bid that can be entered in the Nasdaq system to stabilize the price of a Nasdaq security prior to the date of a secondary offering.
A secondary offering increases the float. Therefore, stock [阅读全文:]
摘要: A position created by combining call and put options for the purpose of mimicking the payout schedule and characteristics of a futures contract.
A synthetic long futures contract is crea[阅读全文:]
摘要: Abbreviations that refer to the settlement date of security transactions. The T stands for transaction date, which is the day the transaction takes place. The numbers 1, 2 or 3 denote how many days af[阅读全文:]
摘要: Acronym for the "Tokyo Interbank Offered Rate." The Japanese Bankers Association (JBA) publishes the TIBOR every business day at 11:00am (Japan Standard Time).
There are two types of TIBOR [阅读全文:]
摘要: The session price is the price of a stock over the trading session. However, it is sometimes referred to as the final price at the session’s close. Daily price data for a trading instrument usua[阅读全文:]
摘要: One of three stock exchanges in the People's Republic of China, located in Shenzhen. The SHZ lists more than 1500 companies, most of which are controlled by the Chinese government. It lists the Shenz[阅读全文:]