A lemming refers to the act of an investor following the crowd into an investment, without doing research themselves; this usually results in losses.
A two dollar broker is a floor broker who executes orders for other brokers and historically receives two dollars per trade, so the name has stuck.
Discounting mechanism is the premise that the stock market takes into account all available information and present and potential future events.
An omnibus account allows for managed trades of more than one person, and allows for anonymity of the persons in the account.
The payout for a path-dependent option depends on the price history of the underlying asset over all or part of the life of the option.
Financial porn is a slang term used to describe sensationalist reports of financial news and products that can cause irrational buying.
Alan Greenspan was the 13th Chairman of the Federal Reserve, appointed to an unprecedented five consecutive terms between mid-1987 and early 2006.
A broker association is a permitted association between exchange members who share responsibility for the execution of orders placed by their customers.
Wire fate item refers to a request by a bank when it sends a check or draft for encashment to a different bank for notification of payment or non-payment.
Stocks are poised for more volatility over the coming week as energy rallies and tariffs loom.