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Trading Terms

NFO (New Funds Offer)

A new fund offering, or NFO, is essentially a way for an asset management company (AMC) to gather funds from the market and invest them in various securities. It can be seen as a type of investment opportunity for individuals to participate in the market through the expertise of the AMC. To learn more about NFOs and their role in the world of finance, click here.

Notary public

A notary public is a highly regarded official responsible for authenticating and certifying various legal documents, such as deeds and bills of exchange. This includes notar...

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Trailing Stop

A stop-loss order is a risk management tool used in trading that automatically sells a security once it reaches a predetermined price. When implementing this strategy, it is...

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Term of a forward exchange contract

The forward exchange rate is the agreed upon rate at which two currencies will be exchanged in the future. A crucial concept in finance, the forward exchange contract has a...

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Electronic Communications Network

Brokerage firms often establish independent execution systems that match retail limit orders with existing compatible orders. This allows for more efficient and timely execu...

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