Category: Business
Created by: zzcgood
Number of Blossarys: 7
1. OTC. A security which is not traded on an exchange, usually due to an inability to meet listing requirements. For such securities, broker/dealers negotiate directly with one another over computer ...
The Ontario Securities Commission (OSC) manages and enforces securities law in the province of Ontario, Canada. The Commission's mandate is set by statute "To provide protection to investors from ...
A computerized system established by the NASD to facilitate trading by providing broker/dealers with current bid and ask price quotes on over-the-counter stocks and some listed stocks. Unlike the ...
Authorizes agent or broker to make buying and selling decisions without consulting the investor. Limited trading authorization is one level below full authorization, which allows the agent or broker ...
An investment strategy typically used by wealthy investors whereby either property or cash is transferred into a pooled income fund. This fund is sponsored by the receiver, typically a charity, in ...
An investor "legs-out" when he conducts a transaction in order to close, withdraw or sell a portion of his investment in a company yet decides to leave other portion(s) untouched or with the option ...
1. The transfer of an asset or security from one owner to another. A legal transfer means that something of value has been given in exchange for the financial instrument. For example, one common ...
By: zzcgood