- Industry: News service
- Number of terms: 2877
- Number of blossaries: 0
- Company Profile:
United Kingdom-based news service and former financial market data provider that provides news reports from around the world to news media
Brokers act as agents for buyers and sellers, for which they charge a commission, or brokerage. There are two main categories of brokers: inter-dealer brokers who only work with specialist market makers, and client or agency brokers who deal on behalf of institutional or retail clients.
Industry:Financial services
The commission or fee charged by a broker. In the US, this term is commonly used to refer to a brokerage firm.
Industry:Financial services
A ramping up of asset prices to such a degree that a major reversal or crash is expected.
Industry:Financial services
A fraudulent brokerage selling overpriced shares with little underlying value. They usually operate by telephone sales, often from another country. Also known as a boiler room, a reference to the cheap premises from which such brokerages work. A bucket shop can also be a brokerage that accepts commissions to trade shares at a certain price, then carries out the order at a different price to its advantage, pocketing the difference.
Industry:Financial services
An itemized forecast of the incomes and expenditure of a government or company for a given future period.
Industry:Financial services
The amount by which spending exceeds revenues. It usually refers to government spending and revenues. See also Budget.
Industry:Financial services
The amount by which revenues exceed spending. It usually refers to government spending and revenues. See also Budget.
Industry:Financial services
Stock of commodities held by an international organization that will aim to stabilize prices and supplies by buying and selling from its stockpile.
Industry:Financial services
A British financial institution which pools deposits from savers to provide mortgage financing for house purchases.
Industry:Financial services
The group of underwriters who have sold most of a new securities issue. They usually come first on a tombstone advertisement. See also Tombstone.
Industry:Financial services
