CABINET CROWD
NYSE has members who usually trade in inactive bonds. This particular crowds is composed of few groups of investors and traders who in inactive permanent earnings securities. These bonds are inactive due because they are not usually exchanged and, thus, are considered more illiquid, making bid-ask spreads to be much broader than active or more liquid bonds.
"Inactive bond crowd" or "book crowd" are the other terms used to call Cabinet crowd.
POPULAR TERMS
Secondary Mortgage Market
Secondary Mortgage Market is a market wherein mortgage aggregators, securitizers, originators, and investors go to buy and sell mortgage loans and ...
Giffen Good
Good for which demand rises as the price escalates, and declines when the price decreases. It has an upward-sloping demand curve, contrary to the f ...
Inactivity Fee
Fee charged to investors by brokerages for infrequent trading in their brokerage accounts to meet the minimum trading requirement
CVE
Currency abbreviation for the Cape Verde escudo, the official currency of the Republic of Cape Verde. The CVE subunit is called the centavo. Instea ...
Product Recall Insurance
An insurance that covers the costs involved in recalling possibly defective products made by the insured.
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