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Non-Dealing Desk Broker

A broker who provides retail traders with direct access to FOREX markets via an electronic communication network (ECN). That is,...

Overnight Margin

The cash which a futures trader has to deposit in a margin account as security for guaranteeing a contract fulfillment at...

Initial Deposit

The cash which a futures trader has to deposit in a margin account as security for guaranteeing a contract fulfillment at...

Initial Margin

The cash which a futures trader has to deposit in a margin account as security for guaranteeing a contract fulfillment at...

Blind Bidding

The bidding that involves an offer to buy a basket of stocks where the potential buyer does not know the...

Blind Bid

An offer (bid) to buy a basket of stocks where the potential buyer does not know the component stocks. Blind...

Blind Brokerage

A brokerage that acts as principal and does not disclose names or identities of the contra parties to either side...

Blind Broker

A broker who acts as principal and does not disclose names or identities of the contra parties to either side...

Secondary Distribution

An issuance of securities by a company that already has had an initial public offering (IPO). It involves the sale...