Open on the print
Used in the context of general equities. Block trader's term for a block trade that has been completed with an institutional client and printed on the consolidated tape, but leaves the block trader with stock available (because the trader has taken a long or short position to complete the trade) for new customers who are on the opposite side of the market to the initiating customer.
Working control
Control of a corporation by a shareholder or shareholders having less than 51% voting interest because of the wide dispersion of share ownership.
Differential
A small charge added to the purchase price and subtracted from the selling price by the dealer for odd-lot quantities.
Mark Berch:Liquidity diversification
Investing in a variety of maturities to reduce the price risk to which holding long bonds exposes the investor.
Strip mortgage participation certificate (strip PC)
Ownership interests in specified mortgagespurchased by Freddie Mac from a single seller in exchange for separate instruments representing interests in the same mortgages.
Foreign exchange rate
The rate of one currencyunit expressed in terms of another. Mark Berch
Dividend
A portion of a company'sprofit paid to common and preferred shareholders. A stock selling for $20 a share with an annual dividend of $1 a shareyields the investor 5%.
Used in the context of general equities. Block trader's term for a block trade that has been completed with an institutional client and printed on the consolidated tape, but leaves the block trader with stock available (because the trader has taken a long or short position to complete the trade) for new customers who are on the opposite side of the market to the initiating customer.
Working control
Control of a corporation by a shareholder or shareholders having less than 51% voting interest because of the wide dispersion of share ownership.
Differential
A small charge added to the purchase price and subtracted from the selling price by the dealer for odd-lot quantities.
Mark Berch:Liquidity diversification
Investing in a variety of maturities to reduce the price risk to which holding long bonds exposes the investor.
Strip mortgage participation certificate (strip PC)
Ownership interests in specified mortgagespurchased by Freddie Mac from a single seller in exchange for separate instruments representing interests in the same mortgages.
Foreign exchange rate
The rate of one currencyunit expressed in terms of another. Mark Berch
Dividend
A portion of a company'sprofit paid to common and preferred shareholders. A stock selling for $20 a share with an annual dividend of $1 a shareyields the investor 5%.
