FX, Forex, Exchange Rate
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)
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
Australian Financial Services Licence (AFSL)
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