GOVERNMENT BROKER
Senior British stockbroker working for the UK government. The broker is authorized to trade government securities on the London Stock Exchange. The individual operates based on instructions from the Bank of England (BOE), and also acts as broker to the National Debt Commissioners. But in 1986, gilt-edged market makers had hugely replaced government brokers.
POPULAR TERMS
Trade or Fade Rule
Options exchange rule introduced to eliminate trade troughs. The rule requires the market maker to match a better deal seen on another market or tr ...
A-B Split
This is a method commonly used to test if the marketing media or methods used are effective. When using A-B Split method in marketing, there will b ...
Cancellation
Notification by a broker advising his or her client that an incorrect exchange deal was conducted and that the activity is being pointed out. For e ...
Kicker Pattern
A two-bar candlestick pattern that signifies change in the direction of the market trend for the price of an asset. The pattern is composed of two ...
UFMI
Up-Front Mortgage Insurance (UFMI) is an insurance premium. It is usually collected at the time of the conception of the loan on Federal Housing Ad ...
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Buying a Home: Determining the Amount You Can Afford
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Buying a Home: Writing an Offer
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