|
|
Fair market value |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
Fair market valueThe traded value of an asset agreed by seller and buyer.Similar MatchesFourth marketFourth marketRefers to the practice of institutional investors trading large blocks of securities directly to avoid brokerage commissions. See: Instinet. Fund supermarketFund supermarketA website which provides information on a variety of collective investment funds from several providers, and allows users to invest in those funds by transacting online. Fund supermarkets do not provide advice, but may provide educational tools to help users reach a decision. They often provide discounts on fund charges, and have the advantage of enabling investment in a number of funds from different providers within a single ISA. National Market System (NMS)National Market System (NMS)Refers to over-the-counter trading. System of trading OTC stocks under the sponsorship of the OTC. Must meet certain criteria for size, profitability and trading activity. More comprehensive information is available for NMS stocks than for non-NMS stocks traded OTC (high, low, and last-sale OTC, cumulative volume figures, and OTC and OTC quotations throughout the day). This is due to the fact that OTC must report the actual price and number of OTC in each transaction within 90 seconds verses nonreal-time reporting for non-NMS stocks (thus, last sale prices and minute-to-minute volume updates are not possible). Market not held orderMarket not held orderThis is a market order - i.e. an order to buy or sell securities at the best price - but with the crucial difference that the broker has discretion to execute the order when he feels it is best. If the broker feels that the market will decline, he may hold the order to try to get a better fill. Intramarket sector spreadIntramarket sector spreadThe spread between two issues of the same maturity within a market sector. For instance, the difference in interest rates offered for five-year industrial corporate bonds and five-year utility corporate bonds. Further Suggestionsmarket orderEmerging markets fund Market Neutral Market sectors Base market value Perfect market view (of dividend policy) Integrated financial market Efficient market National Market System Direct search market Median market cap Negotiated markets unlisted securities market Foreign banking market F Fair Market Value Market value Common market Sold out market Market price of risk Common stock market Market price Chasing the market Market out clause Fixed income market Unmarketable Title |
|
|
|