A securities firm or a registered investment advisor affiliated with a firm. Brokers are the link between investors and the stock market. When acting as a broker for the purchase or sale of listed stock, the investment advisor does not own the securities but acts as an agent for the buyer and seller and charges a commission for these services.
Archives
Bull Market
A market in which stock prices are rising.
Accrued Expenses
Expenses shown on the income statement but not yet paid.
After-Hours Trading
stock trading when the major stock exchanges are closed.
All or None
This is an instruction you can give your broker when placing a buy or a sell order. This instruction ensures that your order will be filled in its entirety or not at all. This prevents having a partial execution of your trade.
All-or-None Order
An order that must be filled completely or the trade will not take place.
American Depositary Receipt (ADR)
A certificate trading on a U.S. stock exchange that represents shares of a foreign corporation.
American-Style Options
Options that can be exercised any time during their lifetime. These are also known as open options.
Analyst
Someone typically working for a brokerage house, who publishes buy/hold/sell recommendations and earnings forecasts for a stock. Buy side analysts work for institutional buyers, and sell side analysts work for brokerages.
Annual Report
A publication, including financial statements and a report on operations, issued by a company to its shareholders at the company’s fiscal year-end.