- Industry: Financial services
- Number of terms: 73910
- Number of blossaries: 1
- Company Profile:
World's leading financial information-service, news, and media company.
Arrangement under which the delivery of goods to a party is paid for by buying back a certain amount of the product from the recipient of the goods.
Industry:Financial services
Used for listed equity securities. Group of exchange members with a defined area of function tending to congregate around a trading post pending execution of orders. Includes specialists, floor traders, odd-lot dealers, and other brokers as well as smaller groups with specialized functions. See: Priority.
Industry:Financial services
To void an order to buy or sell from (1) the floor, or (2) the trader/salesperson's scope. In Autex, the indication still remains on record as having once been placed unless it is expunged.
Industry:Financial services
Sufficient ability or fitness for one's needs. The necessary abilities to be qualified to achieve a certain goal or complete a project.
Industry:Financial services
Heavy federal borrowing that drives interest rates up and prevents businesses and consumers from borrowing when they would like to.
Industry:Financial services
In the context of general equities, cannot accommodate customers at that price level (i.e., compete with other market makers), often because there is no natural opposite side of the trade.
Industry:Financial services
Intra- or intermarket rivalry between or among businesses trying to obtain a larger piece of the same market share.
Industry:Financial services
A particularly profitable or otherwise particularly valuable corporate unit or asset of a firm. Often used in risk arbitrage. The most desirable entities within a diversified corporation as measured by asset value, earning power, and business prospects; in takeover attempts, these entities typically are the main objective of the acquirer and may be sold by a takeover target to make the rest of the company less attractive. See: Scorched earth policy.
Industry:Financial services
In the context of general equities, inability to finish an order on a principal or agency basis, given prevailing price instructions and/or market conditions.
Industry:Financial services
Often used in risk arbitrage. Situation whereby another OTC market maker has transacted with investment bank at the stated market level before the bid/offer has been made.
Industry:Financial services
