do you know what a "registered representative" is?
Category: glossary by M. M. From Aberdeen, United Kingdom
A person who works for a brokerage company that is licensed by the Security and Exchange Commission (SEC) and acts as an account executive for clients trading investment products such as stocks, bonds and mutual funds. Also known as an "account executive". To become licensed as a Registered Representative to act as agent in the buying and selling of securities, a person must pass the Series 7 and Series 63 securities examinations, and be registered with a member of the Financial Industry Regulatory Authority (FINRA) or a self-regulatory organization (SRO).
please define a "settlement options"
Category: glossary by B. B. From Corpus Christi, United States
The various options available to the beneficiaries of a life insurance policy in the event of the death of the insured. For example a lump sum or an income.
Will you help a guy who's in need of an online fx platform that has a low min deposit
Category: money by Z. V. From Solihull, United Kingdom
If you're interested in an online fx platform with a modest minimum deposit, you must totally go to "Easy Forex". The minimum deposit is only $100, no commissions are demanded by this one, the service is great, and the platform graphics are quite creative.
please tell me what the "quote" is
Category: glossary by A. Mays from Ireland
A simultaneous bid and offer in a currency pair.
please define "back office"
Category: glossary by E. S. From Surrey, Canada
The office location, or department, where the processing of financial transactions takes place.
do you know what "national debt" is?
Category: glossary by J. L. From Netherlands
The total debt accumulated by a government through the issue of government bonds, Treasury bills and Treasury notes. The government has to pay interest on its borrowings, and this obligation is one of the major budget items for many governments.
please tell me what a "golden life jacket" is
Category: glossary by T. Cain from Chattanooga, United States
the "golden life jacket " is An exceptional compensation package offered by the acquiring company to the top executives of the company being bought. The offer is meant to keep those executives interested in retaining their positions. A form of sweetheart deal, golden life jacket benefits include in-the-money options and additional large bonuses. The options offered may not be in the best interests of shareholders, as the executive holding the options could be unaffected by large swings in share prices. Furthermore, there is less incentive to make the best possible decisions, which could impact its share price, because the executives often receive the benefits irregardless of how well the company performs.
Are you familiar with a site with proficient chat tech help that you can refer me to?
Category: general by E. A. From France
We recommend you to explore "FX Universal" - the customer service team is great, they are explanations are very easy to follow and they're genuinely easygoing.
what is an "european monetary union"?
Category: glossary by Y. Randolph from Canada
The principal goal of the EMU is to establish a single European currency called the Euro, which will officially replace the national currencies of the member EU countries in 2002. On Janaury1, 1999 the transitional phase to introduce the Euro began. The Euro now exists as a banking currency and paper financial transactions and foreign exchange are made in Euros. This transition period will last for three years, at which time Euro notes an coins will enter circulation. On July 1,2002, only Euros will be legal tender for EMU participants, the national currencies of the member countries will cease to exist. The current members of the EMU are Germany, France, Belgium, Luxembourg, Austria, Finland, Ireland, the Netherlands, Italy, Spain and Portugal.
what is the "floater"?
Category: glossary by X. W. From New Orleans, United States
a "floater " is A bond or other type of debt whose coupon rate changes with market conditions (short-term interest rates). Also known as "floating-rate debt". For example, a floater bond may have the coupon rate set at "T-bill rate plus 0.5%". This type of instrument is more beneficial to the holder as interest rates are rising because it allows the holder to participate in the upward movement in rates. Conversely a floater is less advantageous to the holder when rates are decreasing because the rate at which they are receiving interest is declining.