by TheBusinessProfessor | Feb 23, 2025 | Investments, Trading, and Financial Markets
What is the Brochure Rule?The brochure rule states that investment advisers and brokers registered under the federal or state authority must provide a written disclosure statement to their client before transacting with them. This statement contains the basic...
by TheBusinessProfessor | Feb 23, 2025 | Investments, Trading, and Financial Markets
What is an Automated Confirmation Transaction Service?An Automated Confirmation Transaction Service (ACTA) is a system for reporting all securities transactions done in the over-the-counter (OTC) and NASDAQ securities markets. ACT is an electronic system that makes...
by TheBusinessProfessor | Feb 23, 2025 | Investments, Trading, and Financial Markets
What is the Automated Customer Account Transfer Service?The Automated Customer Account Transfer Service (ACATS) is an electronic system that executes the transfer of assets from a trading account to another account. The transfer of assets or securities could be from a...
by TheBusinessProfessor | Feb 23, 2025 | Investments, Trading, and Financial Markets
What is an Auction Rate?An auction rate refers to the interest rate payable on debt security as determined by the Dutch auction process. Auction rate securities are debt securities traded through a dutch auction and have a long-term maturity which attracts interest...
by TheBusinessProfessor | Feb 23, 2025 | Investments, Trading, and Financial Markets
What is an Ascending Channel?An ascending channel is a type of trading channel. A trading channel is defined as a range within which price shifts. An ascending channel or rising channel can be defined as the upward movement of prices in between very accurate limits....
by TheBusinessProfessor | Feb 23, 2025 | Investments, Trading, and Financial Markets
What is a Broker-Reseller?A broker-reseller is an individual or firm that buys and sells securities on behalf of its clients and for itself. This individual or firm acts as a broker or an agent when buying and selling securities for clients and as the principal or a...
