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Tip of the Day Be Patient

Be Patient - Your friend has just gone out and bought a state of the art computer with all the bells and whistles and after looking at your slowpoke old...

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Price Transparency

Price Transparency - Price transparency is the degree to which information about trading of stocks is available. Stock indexes are the trading firms, providing this information. If the transparency is high, the public can see the range of bid and ask prices for each stock. If the transparency is low, the public does not have access to this information. The Nasdaq (level II) service has a high transparency, the New York Stock Exchange has a low transparency and they show only the highest bids and lowest amounts of stock traded. Price transparency is however a tool to get the general public interested in stock trading.

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Definition of the Day Mutilated Security

Mutilated Security - Mutilated Security is a damaged security that prevents a person from identifying the original issuer of the security or other necessary identifying information. If a seller is seeking to transfer the mutilated security, certain steps will have to ensure the buyer that the security is able to...

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