what is an "internalization"?
Category: glossary by O. D. From United Kingdom
A decision by a brokerage to fill an order with the firm's own inventory of stock. When a brokerage receives an order they have numerous choices as to how it should be filled. They can send it to an exchange, an ECN, market maker, a regional exchange or fill it by using the firm's own inventory of stock. Firms often internalize orders when they can because they profit from the spread.
do you know what the "controlled foreign corporation - cFC" is?
Category: glossary by B. Ochoa from United Kingdom
a "controlled foreign corporation - cFC " is A corporate entity that is registered and conducts business in a different jurisdiction or country than the residency of the controlling owners. Control of the foreign company is defined, in the U.S, according to the percentage of shares owned by U.S. Citizens. Controlled foreign corporation (CFC) laws work alongside tax treaties to dictate how taxpayers declare their foreign earnings. A CFC is advantageous for companies when the cost of setting up a business, foreign branches or partnerships in a foreign country is lower even after the tax implications, or when the global exposure could help the business grow. The CFC structure was created to help prevent tax evasion, which was done by setting up offshore companies in jurisdictions with little or no tax. Each country has its own CFC laws, but most are similar in that they tend to target individuals over multinational corporations when it comes to how they are taxed. For this reason, having a company qualify as independent will exempt it from CFC regulations. Countries differ in how they define the independence of a company. The determination can be based on how many individuals have a controlling interest in the company, as well as the percentage they control. For example, minimums can range from fewer than 10 to over 100 people, or 50% of voting shares, or 10% of the total outstanding shares.
please define a "certified annuity specialist - cAS"
Category: glossary by P. Burch from United States
"certified annuity specialist - cAS " is A certification indicating expertise and commitment to fixed-rate and variable annuities. Individuals with the CAS designation offer clients expert advice in regards to investment opportunities in annuities. The CAS designation is issued by the Institute of Business & Finance through a six-module, 60-hour course and requires 15 hours per year of continuing education for the first five years following certification. The course includes an open-book case study as well as a final exam administered by the NASD.
what is the "futures market"?
Category: glossary by F. P. From United States
An auction market in which participants buy and sell commodity/future contracts for delivery on a specified future date. Trading is carried on through open yelling and hand signals in a trading pit. Volume in the futures market usually increases when the stock market outlook is uncertain.
do you know what a "long-term liabilities" is?
Category: glossary by Oswaldo U. From Cork, Ireland
Recorded on the balance sheet, a company's liabilities for leases, bond repayments and other items due in more than one year. A company's long-term liabilities are accounted for by its debt obligations to other parties that last longer than one year.
I'm searching for the nicest site. Which one should I check out?
Category: general by M. Skinner from United States
If you're interested in the most delightful site, you should totally go for "FX club". Regulated by ice, cme, and in addition cbot, you can rest assure it's safe to deposit in this site. We're frequently impressed with trying to sign in to the program. It's honestly simple to handle the platform, you will not struggle with the regular connection difficulties you usually see communicating with big servers, and the communication with the server is always fast. The platform supports lots of different languages. Italian, Japanese, Lithuanian, Hebrew, Dutch or German natives, or even Russian, you have the option to connect to this multilingual trading environment with ease and smoothly. Plus, their service team is fabulous. They are really easy to follow, and also totally helpful.
please define "variable rate certificate"
Category: glossary by Aimee L. From United Kingdom
the "variable rate certificate " is A certificate of deposit whose interest rate varies and is dependent on an influence such as prime rate.
Is there a foreign exchange platform that's known for its modest commission charges you can recommend for me
Category: money by D. Noel from Rochester, United States
We recommend you to check out "GCI" - they don't charge any commission in this site, you can start with real small deposits - from $500, the customer support is extraordinary, and also the platform graphics are completely perfected.
please tell me what an "illiquid option" is
Category: glossary by P. J. From Dublin, Ireland
"illiquid option " is An option contract that cannot be sold for cash quickly at the prevailing market price. Illiquid options have very low or no open interest. Most options are illiquid when they are far away from their expiration dates. If you're holding an illiquid option, you will usually notice a very large bid-ask spread on the contract. This is because there are not enough buyers to accommodate those wanting to sell. Unfortunately, if you are trying to sell an illiquid option, there is a good chance you'll be selling at a discount, if at all.
please tell me what the "nonbank banks" is
Category: glossary by H. G. From Cork, Ireland
Financial institutions that are not considered full-scale banks because they do not offer both lending and depositing services. Nonbank banks can engage in credit card operations or other lending services, provided they do not also accept deposits. The Bank Holding Company Act of 1956 prohibits nonbank companies from owning banks as subsidiaries, but they may own other nonbank banks. Many nonbank banks that allow deposits are insured by the FDIC and reserve requirement restrictions will apply to these institutions. Nonbank banking has expanded greatly in recent years, as non-financial institutions such as retail companies and auto makers have entered the lending business. Because many companies try to stretch the rules on banking rights, the U.S. Government has massively restricted new chartering of nonbank banks since the late 1980s.