ABC AGREEMENT
This is an agreement entered by a purchasing member and the first she or he works with, with an NYSE seat. If the NYSE approves the agreement, it may stipulate that the firm’s employee may do the following:
- Transfer the right of the seat to another firm`s employee
- Retain the right or the ownership and acquire a new seat for another employee assigned by the firm.
- Transfer any profit to the firm when selling the seat.
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Closed-End Mortgage
Restrictive mortgage which cannot be prepaid, refinanced, or renegotiated without settling breakage costs to the lender. This is applicable to home ...
Robinson-Patman Act
Robinson-Patman Act is a federal law passed in 1936 to outlaw price discrimination. This is an amendment to the 1914 Clayton Antitrust Act and is s ...
In Street Name
Brokerage account where the client’s assets and securities are held under the name of the brokerage, not the individual owner. Although the c ...
SWS
Syndrome afflicting individuals with new or sudden wealth, causing an individual stress. Its symptoms include feelings of guilt over good fortune, ...
Trust Property
Assets placed under a trust agreement between a trustor and trustee for a beneficiary. It includes any type of asset such as cash, life insurance p ...
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Digesting Financial Statements: System
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:00 | MI Inflation Gauge | Nov | |
| 02:30 | Retail Sales | Oct | |
| 02:30 | ANZ Jobs Advertisements | Nov | |
| 02:30 | Building Approvals | Oct | |
| 02:30 | Company Operating Profits | 3 quarter | |
| 02:30 | PMI Manufacturing | Nov | |
| 03:45 | Markit Final Manufacturing PMI | Nov | |
| 07:30 | Commodity Prices | Nov | |
| 09:00 | Nationwide House Price Index | Nov |
