Automatic exercise


 

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Automatic exercise

A protection procedure whereby the Options Clearing Corporation attempts to protect the holder of an expiring in-the-money option by automatically exercising the option on behalf of the holder.



Automatic exercise

Similar Matches

Non-automatic licensing

Non-automatic licensing

Import licensing that is discretionary, based on an import quota, or performance related.


Automatic reinvestment

Automatic reinvestment

See: Constant dollar plan.


Automatic trade

Automatic trade

A term used by the London Stock Exchange to denote a trade generated by the system through automatic execution.


Automatic funds transfer

Automatic funds transfer

A transfer of funds from one account or investment vehicle to another using electronic or telecommunications technology.


Automatic Data Processing (ADP)

Automatic Data Processing (ADP)

Acts as an intermediary to perform proxy services for several banks and brokers. Distributes proxy material to beneficial owners, tabulates the returned proxies, and provides the Corporation or its tabulator compiled reports of the tabulation results. ADP also distributes quarterly reports and other corporate information to the beneficial owners.


Further Suggestions

Automatic extension
Automatic withdrawal
Automatic licensing
National Association of Securities Dealers Automatic Quotation System (Nasdaq)
Automatic stay


 
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