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Securities brokerage

Contributors in Securities brokerage

Securities brokerage

GTC

Financial services; Securities brokerage

Good 'Til Cancelled. An order placed with a broker to buy or sell stock once it reaches a certain price, or until the investor decides to cancel the order.

Series 63

Financial services; Securities brokerage

The next exam to be taken by stockbrokers following the Series 7 exam. Having passed the exam, the holder is permitted to solicit orders for any type of security.

Commission

Financial services; Securities brokerage

The fee charged by a stockbroker for advice or arranging the purchase or sale of a security.

Churning

Financial services; Securities brokerage

When a stockbroker excessively trades using a client's account to increase his commission.

CRD

Financial services; Securities brokerage

Central Registration Depository. A disciplinary and employment database, which can be used to do pre-checks on a broker before employing their services.

Cash account

Financial services; Securities brokerage

The normal account an individual will hold with a stockbroker, where cash will be deposited to be invested in stocks etc.

IRA

Financial services; Securities brokerage

Individual Retirement Account. An account with a stockbroker to earn funds for retirement savings.

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