General Finance

General Finance

Industry: Financial services

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General Finance

specialist

Financial services; General Finance

On an exchange, the member firm that is designated as the market maker (or dealer for a listed common stock). Member of a stock exchange who maintains a "fair and orderly market" in one or more ...

suitability

Financial services; General Finance

A requirement that any investing strategy fall within the financial means and investment objectives of an investor.

security ratings

Financial services; General Finance

Commercial rating agencies' assessment of the credit and investment risk of securities.

specialist block purchase and sale

Financial services; General Finance

Purchase of a large number of securities by a specialist for himself or to pass on to another floor trader or block buyer.

Policies and guidelines that brokers must use to ensure that investors have the financial means to assume risks that they wish to undertake. These are enforced by the NASD and other self-regulatory ...