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Tip of the Day Pay Your Bills On Time

Pay Your Bills On Time - We all get behind on our bills every once in a while, but when it becomes a constant practice it starts to cost us...

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Pacific Exchange (PX)


Pacific Exchange (PX) - Pacific Exchange (PX) is a regional stock exchange with a main exchange floor and building with branches in other sectors of the United States. The history began with the founding of the San Francisco Stock and Bond Exchange in late nineteenth Century. It merged with the Los Angeles Oil Exchange to create the Pacific Coast Stock Exchange though each remained a separate entity. In 1999 it became the first United States stock exchange to demutualize and by 2001 the Los Angeles trading floor office closed. It now has incorporated an electronic options system with a trading platform open to options.

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Definition of the Day Convertible Auction Rate Preferred Stock

Convertible Auction Rate Preferred Stock - a convertible auction rate preferred stock is a certain type of an auction related preferred stock that can be converted into shares of the underlying security an underlying security is a commodity or security, which is subject to delivery when an option is exercised...

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