- Industry: Financial services
- Number of terms: 73910
- Number of blossaries: 1
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The procedure used when a specialist makes a trade involving his own inventory, on one hand, and a floor broker's order, on the other. The broker must first complete the trade with the specialist, who then transacts a separate trade with the customer.
Industry:Financial services
An option on an option. The buyer generally executes the split fee with first an initial fee, with a window period at the end of which (upon payment of a second fee) the original terms of the option may be extended to a later predetermined final notification date.
Industry:Financial services
Newly issued securities that are not purchased because of lack of demand during the initial public offering.
Industry:Financial services
The seller of an option, usually an individual, bank, or company that issues the option and consequently has the obligation to sell the asset (if a call) or to buy the asset (if a put) on which the option is written if the option buyer exercises the option.
Industry:Financial services
A tax added to the normal tax paid by corporations or individuals who have earned income above a certain level.
Industry:Financial services
An option strategy to avoid using a margin account. Instead of depositing margin with a broker, a put writer can deposit a cash balance equal to the option exercise price, and can avoid additional margin calls.
Industry:Financial services
That portion of a firm's current assets that fluctuates in response to seasonal or anticipated short-term.
Industry:Financial services
Income received in advance of the time at which it is earned, such as prepaid rent.
Industry:Financial services