- Industry: Financial services
- Number of terms: 10107
- Number of blossaries: 0
- Company Profile:
Previous trading day's closing price unless otherwise stated. For certain securities, the latest price received from a pricing service is displayed.
Related to Order Entry: Definitions of the price qualifiers are stated below.
Market (MKT) - This is an order to buy or sell a stated amount of a security at the most advantageous price obtainable at the time the order is submitted.
Limit Price - This is a price instruction, where the client wishes to buy or sell securities at a specific price or better. With a sell limit order, the customer is instructing that the sale be made at or above the specified price. With a buy limit order, the customer is instructing the purchase be made at or below the specified price.
Stop Order (STP) - This price is above the prevailing market price on a buy stop, or is below the prevailing market price on a sell stop. Buy stop orders are generally used to limit loss or protect unrealized profits on a short sale. A stop order becomes a market order when a stock trades at or through the stop price.
Stop Limit - This order gives instructions for a limit order to be entered when the Stop Order becomes effective.
Related to Net Asset Value: Market price as of Net Asset Value date.
Related to Trade Confirmation: Execution price for the trade.
Industry:Financial services
The current outstanding principal of a commercial line of credit loan. If this account is an LMA, loan balance is the principal balance (i.e. the amount borrowed less any principal repayments made) on this loan.
Industry:Financial services
The difference between the current price and the price at the last close of business.
Industry:Financial services
Fund that invests primarily in participation interests in collateralized senior corporate loans that have floating or variable rates. Typically, if rated, such loans are of investment grade quality.
Industry:Financial services
The percent change in price for the designated time horizon. Most figures are calculated on a daily basis.
Industry:Financial services
Securities can be either exempt from or subject to state and local taxes.
Exempt-Interest from the security is free from state and local taxes
Subject-Interest from the security is not free from state and local tax.
Industry:Financial services
Buy a security at (or below) a specified price or sell at (or above) a specified price.
Industry:Financial services
The location of the merchant and/or their processing area (as seen in Accounts CMA® Visa® Signature/Gold Delayed Debits).
Industry:Financial services
The price range within which an offering is expected to be priced.
Industry:Financial services
