Jargon-Buster
AKA, foreign exchange, being the rate of buying one currency and selling another. For example the AUDUSD rate is the amount $1 Australian dollar buys in US ...
Tue, 7 Nov, 2017 at 4:39 PM
A trading term for the difference between one price and another. In currency terms, the rate between the wholesale FX rate and the rate being charged to ret...
Tue, 7 Nov, 2017 at 4:39 PM
Electronic Transaction & Clearing is the company that manages the custody of your securities (less cash) within Stake. They are an innovative busin...
Mon, 4 Mar, 2019 at 1:12 PM
National Best Bid and Offer (NBBO) is the best execution requirement regulated by the SEC (US) that requires brokers to execute customer trades at the best ...
Wed, 3 Oct, 2018 at 3:20 PM
An Australian Financial Services Licence (AFSL) is a licence for any Australian businesses involved in the provision of financial services.
Wed, 3 Oct, 2018 at 3:23 PM
Member of SIPC, which protects securities customers of its members up to $500,000 (including $250,000 for claims for cash). More information is available at...
Thu, 23 Aug, 2018 at 10:55 PM
Alpha is used in finance to represent the return on an investment or portfolio above the benchmark index. Essentially its the "excess return" that...
Tue, 7 Nov, 2017 at 4:39 PM
The Financial Industry Regulatory Authority (FINRA) is the US organisation that regulates member brokerage firms and exchange markets. FINRA's miss...
Wed, 3 Oct, 2018 at 3:27 PM