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Class “A” Shares

A class of common stock (specifically known as classified stock) that enjoys more voting rights than class “B” shares. The…

Class “B” Shares

A class of common stock (specifically known as classified stock) that enjoys less voting rights than class “A” shares. The…

Synthetic

An artificially created security that combines a financial security (such as a bond, stock, etc) with another asset such as…

Contract Size

In futures and option contracts, it refers to the amount or units of an asset to be delivered as dictated…

Current Report

A filing with the securities and exchange authority (the SEC), usually on Form 8-K, which gives specifics about an event…

Buttonwood Agreement

An agreement that was signed, in 1792, by 25 New York stockbrokers and merchants to establish an investment community that…

Dealer

A sell-side trader who sells exchange services to buy-side firms (such as investment managers and institutional investors) in return for…

Buy-Side Trader

A trader who buys exchange services from a sell-side trader (s). Examples of buy-side traders are individual investors and institutional…

Actual Stop

A stop order that a client (investor) actually places with his broker and is thus found its way to the…

Consolidated Display

In electronic trading, consolidated display refers to the minimum information that must be put on public display (for traders and…