SROP
Senior Registered Options Principal (SROP) is a general partner or an officer of an options trading firm. The purpose of a SROP is for the supervision of the client accounts’ options exposure and trading activity. SROPs are required to have accomplished the Series 4 exam. However, in June 2008, FINRA got rid of the requirement of SROPs in firms along with the requirement for the possession of Compliance Registered Options Principal (CROP). CROP oversees the regulatory compliance of the firm’s options and is sometimes a position filled by the SROP.
POPULAR TERMS
M3
Measuring money supply which includes the following: M2, large time-deposits, repos of maturity larger than one day at commercial banks, institutio ...
S&P 500 Mini
S&P 500 Mini is a derivative contract that represents a designated fraction of the trading value of a standard S&P futures or options contr ...
Rationalization
A reorganization of a company to surge its efficiency. Reorganization may lead to an expansion or reduction in company size, policy changes, or an ...
Industry Bet
Strategy where investors or portfolio managers escalate or reduce holdings in an entire industry, rather than buying or selling individual stocks f ...
Risk Averse
A term that describes an investor who will prefer an investment with the lower risk when he or she encounters two investments with a similar expect ...
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