cancellation


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Cancellation

A notice by a broker to a client that the broker has made a mistake and has taken steps to rectify it. For example, if a client makes an order to buy 1,000 shares and the broker mistakenly buys 2,000, he/she must sell the extra 1,000 shares and bear any losses himself/herself. Afterwards, the broker must inform the client of what has transpired and provide full documentation. This ensures that the broker simply made a mistake and was not trading maliciously or improperly.

cancellation

A broker's notice to a customer that an erroneous trade credited to the customer has been voided. For example, if a brokerage firm mistakenly purchases 200 shares of stock for an account when the customer has entered an order for only 100 shares, the firm will send the customer a cancellation for the 200-share trade to void the original confirmation and then will send a new confirmation showing the correct trade.
References in periodicals archive ?
Allmacher, president and CEO, said that management considers the redemption and cancellation a prudent business decision that will benefit the company and its shareholders.
Although the headset manufacturer may have the ability to optimize the echo canceller for specific environments, a trade-off usually must be made between echo cancellation performance and signal degradation in these challenging environments.
168 Line Echo Cancellation Library is easily callable via a well-documented Application Programmer's Interface (API).
The BTC is easy to use and the phone's SoundClear acoustic echo cancellation and full-duplex control enables a natural bi-directional conversation.
as the implied P/E and the EV/EBITDA multiple based on the cancellation price for ZRCC is reasonable.
Consumers and travel agents have asked for an annual trip cancellation plan covering more than one trip and providing more than a $1,000 aggregate cancellation limit per year," says Dan Drennen, director of sales and marketing for WorldTravelCenter.
com), a leading provider of connectivity hardware and software products for VoIP, TDM voice, WANs and Internet infrastructure, has launched its new A104d Series cards that provides hardware-based carrier grade echo cancellation and voice enhancement.
High quality echo cancellation on HMP systems consumes approximately 30MHz of host CPU overhead per telephone conversation, so there is considerable scope for reduction of CPU load in systems supporting hundreds of simultaneous calls.
Additional improvements in the firmware include hardware TDM channel alignment (instead of software channel alignment) resulting in greater voice integrity and reliability, master clock source distribution for synchronized timing across multiple cards, assuring synchronization of clocks and increasing reliability and quality of data transmission, zero-latency TDM direct hardware-level cross-connect, support of new echo cancellation module resulting in increased performance, hardware DTMF detection with echo cancellation module and field upgradeable firmware for future updates.
Normally, this would not be a covered event under these trip cancellation plans," said Joe Brougher, President of IMG.
T HE Directorate General of Civil Aviation ( DGCA) has decided to probe the sharp hike in ticket cancellation charges by low- cost airlines IndiGo and SpiceJet and full- service carrier Jet Airways.
It is for this reason that the Grand Solmar Cancellation Squad is providing travelers with ways to handle dealing with a flight cancellation.