Active account

Active account

Refers to a brokerage account in which many transactions occur. Brokerage firms may levy a fee if an account generates an inadequate level of activity.

Active Account

A brokerage account on which trades occur regularly. Active account holders generally do not have a buy and hold investment strategy; rather, they seek to profit from small changes in the prices of securities and high trading volume. Some brokerages charge a fee for managing active accounts, as doing so is more work for the broker(s) involved.
References in periodicals archive ?
This implies an emphasis on value-based relationship selling and active account maintenance, a solid account rating system, active efforts to improve the compatibility of borderline accounts and separation from customer accounts that are not, and likely never will be, sufficiently compatible.
An active account is an account with a minimum of $100 in equity or at least one trade in the last 12 months.
At present, Meridien reports, only about 600,000 customers are active account aggregation users, a number far below the figure needed to call the concept a success.
Existing active account numbers will be replaced by SBRN account numbers on a one for one basis, so the SBRN will not affect the ability of large corporations to keep different account numbers for different locations.
An active Account Manager as Kyocera's client advocate
Not only did the site have a record Preakness weekend in terms of total handle, we also saw substantial numbers of new account signups and had nearly 44% of our active account holders place a wager.
We now offer a choice: advice for do-it-yourself investors or active account management for reluctant investors.
Non-Internet-access clients now account for 43 percent of the company's more than 17 million active accounts.
At the end of the quarter, total active accounts were 676,000, up 109% year-over-year.
PayPal is the leader in safer online payments with more than 60 million active accounts in 190 markets around the world.
Even though PayPal boasts of supporting "26 currencies through a customer base of 137 million active accounts in 193 countries," but still, local transactions are restricted to Kenyan shilling, US dollar and sterling pound