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Tip of the Day

Tip of the Day "Fee-Only" is Your Friend

"Fee-Only" is Your Friend - Unlike financial advisors that work on a fee-base or commission-base service, "Fee Only" based advisors are the only ones legal obligated to act in your...

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Philadelphia Stock Exchange

Philadelphia Stock Exchange - One of the oldest establishments in securities is the Philadelphia stock exchange. Here the shares of stock and common stock equivalents are bought and sold. It began in 1709 and developed into the largest exchange of its kind in the United States. As the economy developed, the Philadelphia exchange merged with the Baltimore Stock Exchange, the Pittsburgh Stock Exchange, and the Washington Stock Exchange. In 2008 the National Association of Securities Dealers Automated Quotations, then referred to as the NASDAQ acquired the Philadelphia stock exchange. The NASDAQ then capitalized on the electronic securities market, allowing brokers to conduct trades online, or over the telephone.

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Definition of the Day Block Positioner

Block Positioner - A block positioner is a member who is registered in the Securities and Exchange Commission, and who deals, sells, securities while taking a long or short position with stocks and bonds. A block positioner takes this stance with the hopes that he or she will net a...

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