Mortgage REIT

A real estate investment trust (REIT) whose primary business is investing in real estate loans. 

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.

Model

A strategy for selecting stocks using screening criteria that have been found to work in the past.