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A buy or sell limit order is a type of order that will only be executed if the specified price is reached. This order will expire at the end of the trading day if it is not executed. This allows investors to set a specific price at which they are willing to buy or sell a security, providing more control over their trades.

Bought Deal

An investment bank or underwriter plays a unique role in the securities market. Instead of just facilitating transactions, they directly acquire securities from the issuer a...

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Clearing Number

In the world of finance, the trading number of a clearing Participating Organization, also known as a Member, plays a crucial role. This unique number is assigned to each or...

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Underlying Interest

An essential aspect of financial trading is the underlying asset, which refers to the specific security, commodity, index, or financial instrument that an option or futures ...

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Bulletin Board System

In the world of finance, stocks that do not meet the criteria for listing on NASDAQ are instead traded through Pink Sheets. However, it is important to exercise caution when...

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