Learn about buying on margin, its implications, and what it means to invest with borrowed money.
A commission is a service charge for a client, often contingent on their broker's performance or product sales.
An investment account granting brokers the authority to trade without constant client consent.
A discretionary order allows a broker to exercise discretion over the pending order of a client.
Execution in finance refers to the completion of a buy or sell order for a security.
Understanding the financial term jitney, which relates to brokerage practices and market manipulation.
The humorous and essential role of intermediaries in transactions and our economic life.
An intermediary connecting borrowers with lenders, facilitating the mortgage application process.
A not-held order allows brokers discretion for time and price, seeking optimal execution without liability for missed opportunities.
A comprehensive exploration of financial orders and their various types that help investors strategize their buying and selling decisions in the market.
Unwinding refers to the process of closing out a trading position, particularly in complex or large trades, and correcting trading errors.
A wirehouse broker advises clients and trades stocks on their behalf as an employee of a full-service brokerage house.
