Self liquidating loan define
purchase." If versus purchase is not specifically stated at the time of sale, the IRS deems the securities sold are made on a first-in first-out (FIFO) basis.
Typically, you can have your broker add a memo line to your confirmation statement, per your instructions.
A DMM works both manually and electronically to facilitate price discovery during the market opening, closing and also during periods of substantial trading imbalances or instability.
An upgrade of the trade-through rule passed in 2007.
See: The sale of a security at a loss and the purchase of shares within 30 days while continuing to hold either a long or short open position in the security.Specialists are allowed to hold an order for 30 seconds before either executing it or handing it off to another specialistand during that time, the price may change.Executives at the NYSE have defended the trade-through rule, saying it's good for small investors.A customer's order has to be routed to the destination with the best price at the moment the order is entered.That sounds like a good idea on the surface, but the rule was enacted before electronic markets existed.