日志正文
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Definitions And Other Relevant information (Part I)
MARKET STRUCTURE NYSE § NYSE stands for the New York Stock Exchange § It was established in 1792 § It is an auction market NASD § NASD stands for National Association of Securities Dealers § It is an SRO (self regulatory organization) § Members of the NASD are mostly market makers (financial institutions); however, Swift Trade Securities Inc. is also a member NASDAQ § National Association of Securities Dealers Automated Quotation system § Trading began on the NASDAQ in 1971 § It is a dealer market ECN § Electronic Communication Network § An ECN is a private area of cyber space where people meet to buy and sell securities § At swift trade, we have access to virtually all ECNs National Market § Could be called the ‘world market’ § Refers to quotes on a certain security regardless of the exchange DAET/EDAT/DAD § Direct Access Electronic Trading § Electronic Direct Access Trading § Direct Access Trading § All mean the same thing – day trading Market Capitalization (Cap) § Refers to a company’s total outstanding shares (the number of shares available to the public) multiplied by the price (the day’s closing price) of that stock Large/Medium/Small Cap Company § Large cap > $1B § Medium – between $500M and $1B § Small - < $500M CME § The Chicago Mercantile Exchange § Trades futures on interest rates, stock indexes, foreign exchange and agricultural commodities contracts and options on futures contracts SEC § The Securities and Exchange Commission § Their mission: to protect investors and maintain the integrity of the securities markets § Set rules for trading that must be followed – not an SRO – a government body – LAW MARKET FUNCTION (1) Bid § An advertisement to buy a specific number of shares as a specific price § Located on the left side of the level 2 screen Offer/Ask § An advertisement to sell a specific number of shares as a specific price § Located on the right side of the level 2 screen Long § If a trader is long in a security means that a trader has bought shares and now owns them rWww Foreign Exchange Trader Forex Ivybot Was Worth A Wait It Is Automated Forex Trading Tool A Forex Trader Must Have Foreign Exchange Trader Trading Nasdaq & NYSE-●●相拥●夕桥●●-我的搜狐v Trader Foreign Exchange Trader Exchange gWww Foreign Exchange Trader Forex Ivybot Was Worth A Wait It Is Automated Forex Trading Tool A Forex Trader Must Have Foreign Exchange Trader Trading Nasdaq & NYSE-●●相拥●夕桥●●-我的搜狐k k Foreign Exchange Trader |