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Open Order

A standing order, also known as a Good-Till-Cancelled or Good-Till-Date order, is a type of order that stays active in the trading system for more than a day. This means that it will remain in effect until it is either executed or manually cancelled by the trader. It is a useful tool for investors who wish to keep a long-term position in a particular asset. Withstanding orders, traders can efficiently manage their portfolio and make strategic decisions based on market conditions.

Business Trust

A trust is a type of entity that typically generates cash flows from a single operating company, as opposed to an investment fund which generates income from a variety of as...

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Investment Bank

A key player in the financial world, often found in the form of a stock brokerage firm, specializes in various corporate activities such as initial public offerings (IPOs), ...

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Good Delivery

When discussing securities, it is important to understand the concept of good delivery. This refers to a security that is in proper form to transfer ownership. In order to c...

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Trading Number

The term "Market Participant Identifier" refers to a distinctive three-digit number that is assigned to both Participating Organizations and Members. This number serves the ...

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