Your browser does not support JavaScript.
The transfer agent plays a vital role as a link between the company registrar and the investor. Transfer agents keep a close eye on investor account balances and store certificates of ownership of securities in electronic form. Share transfer agents ensure that shareholders receive dividends on time. Bond transfer agents ensure that bondholders receive interest payments due as well as the face value of the bond as soon as it reaches maturity. Automated Clearing House (ACH)
September 25, 2022 The Automated Clearing House (ACH) is an electronic funds transfer system that facilitates payments in the US. Back Office
September 25, 2022 The back office is the part of the company that consists of administrative and support staff who do not work with clients. Broker-Dealer
September 25, 2022 A broker-dealer is a financial institution that trades securities on behalf of clients, but which may also trade for itself. Brokerage Account
September 25, 2022 Investors have different needs and should choose their brokerage firms accordingly. Custodial Account
September 25, 2022 A deposit account is a savings account created and managed by an adult for a minor. House Maintenance Requirement
September 25, 2022 House maintenance requirements are the standards for the minimum margin account level chosen by brokerage firms. Investment Bank (IB)
September 25, 2022 Investment banks specialize in managing complex financial transactions such as IPOs and mergers for corporate clients. Japan Association of Securities Dealers Automated Quotation
September 25, 2022 Jasdaq is a Japanese stock exchange focused on emerging companies. It is one of several subsidiaries of the Japan Exchange Group. Jitney
September 25, 2022 The term jitney has two meanings, depending on the context. Margin Account
September 25, 2022 A margin account allows a trader to borrow funds from a broker without having to deposit the entire value of the trade. Prime Brokerage
September 25, 2022 Prime brokerage refers to a set of services that investment banks and other large financial institutions offer to hedge funds and similar clients. Stockbroker
September 25, 2022 A stockbroker is a financial professional who buys and sells shares at the behest of clients. Wirehouse
September 25, 2022 Wirehouse is a full-service broker-dealer of any size. Application Programming Interface (API)
September 25, 2022 The Application Programming Interface (API) establishes an online connection between the data provider and the end user. Automated Customer Account Transfer Service (ACATS)
September 25, 2022 Automated Account Transfer Service (ACATS) can be used to transfer stocks, bonds, cash, mutual funds, mutual funds, options, and other investment products. Brokerage Company
September 25, 2022 A brokerage company primarily acts as an intermediary, connecting buyers and sellers to facilitate a transaction. Brokerage Fee
September 25, 2022 A broker or agent charges a commission for executing trades or providing specialized services. Chicago Mercantile Exchange (CME)
September 25, 2022 The Chicago Mercantile Exchange, or Merc, is an organized exchange for trading futures and options. Dealer Market
September 25, 2022 The dealer market is a transparent financial market mechanism in which several dealers publish the prices at which they are willing to buy or sell a particular security. Debit Balance
September 25, 2022 The debit balance in a margin account represents the total amount owed by a client to a broker for funds borrowed to purchase securities. FINRA BrokerCheck
September 25, 2022 FINRA BrokerCheck is a free online tool that helps individuals find brokers, investment firms and financial advisors. Front-Running
September 25, 2022 Leading is illegal and unethical when a trader is acting on insider information. Give Up
September 25, 2022 In an opt-out agreement, an executing broker places a commodity or securities transaction on behalf of another broker. House Call
September 25, 2022 A house call is a request from a brokerage house for an investor to recover the minimum required deposit to make up for losses in the value of assets bought on margin. Institutional Brokers' Estimate System (IBES)
September 25, 2022 The Institutional Broker Evaluation System, or IBES, is a database of analyst ratings and company recommendations for over 23,000 public companies.