The trading number of the clearing Participating Organization or Member.
Archives
Mortgage REIT
A real estate investment trust (REIT) whose primary business is investing in real estate loans.
Client Order
An order from a retail customer of a Participating Organization.
Most Recent Quarter (MRQ)
As of the last date of the last reported fiscal quarter.
Cash Flow
After tax income minus preferred dividends and general partner distributions plus depreciation, depletion, and amortization (Market Guide definition). See Operating Cash Flow and Free Cash Flow.
Minimum Guaranteed Fill (MGF) Orders
These orders are guaranteed a complete fill upon entry. A Registered Trader will provide the stock should the book be below the required limit. To be eligible for MGF, an order has to be a tradable client order with a volume less than or equal to the MGF size, which varies from stock to stock.
Cash Settlement
Settlement of an option contract not by delivery of the underlying shares, but by a cash payment of the difference between the strike or exercise price and the underlying settlement price.
Mixed Lot or Broken Lot
An order with a volume that combines any number of board lots and an odd lot.
Certificate
The physical document that shows ownership of a bond, stock or other security.
Model
A strategy for selecting stocks using screening criteria that have been found to work in the past.