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.
Archives
Junk Bonds
Corporate bonds with poor credit ratings.
Non-Operating Expenses
Expenses not due to basic business of company.
Momentum Analysis
Usually involves looking for stocks in a strong uptrend (high relative strength), strong earnings growth, and increasing earnings forecasts. In today’s market, may include relative strength only.
Market Capitalization
Latest stock price multiplied by number of shares outstanding (shares issued).
Inventory
Raw materials, work in process, and finished goods that haven’t been shipped to customers.
Listed Stock
Shares of an issuer that are traded on a stock exchange. Issuers pay fees to the exchange to be listed and must abide by the rules and regulations set out by the exchange to maintain listing privileges.
Intermarket Surveillance Group (ISG)
An international committee comprised of members from 31 exchanges around the world, including every major stock exchange. Membership in the ISG allows all members to share surveillance and investigative information to ensure that each regulator has access to the necessary information to effectively regulate its marketplace. The ISG promotes effective market surveillance among international exchanges and RS involvement helps ensure they are continually in touch with other regulators and part of the development of international best practices.
Momentum Stocks
Companies currently in favor by investors (price/sales greater than 10, price/earnings greater than 35 or so).
Market Not Held Order
This is a market order where the investor gives the floor trader the discretion to execute the order when he feels it is best. If the floor trader feels that the market will decline, he may hold the order to try to get a better fill. This order may not get filled.