trading account


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Brokerage Account

Money given to a broker or brokerage for investment purposes. One manages one's brokerage account differently according to the type of brokerage; that is, one may meet with a broker, call on the telephone, or give orders over the Internet. Brokerage accounts are divided into two main categories: advisory accounts and discretionary accounts. Brokers are only allowed to conduct transactions on advisory accounts on the specific orders of the account holder, or under very specific instructions. On the other hand, brokers have a great deal more leeway over discretionary accounts, conducting transactions not prohibited by the account holder in accordance with the holder's investment goals and the prudent man rule.

trading account

the section of a PROFIT-AND-LOSS ACCOUNT where the COST OF SALES is deducted from SALES REVENUE to show the amount of GROSS PROFIT made.
References in periodicals archive ?
The three banks _ IBK, Shinhan and Nonghyup _ are currently under contract with local cryptocurrency exchanges such as Upbit and Bithumb, and will start issuing new cryptocurrency trading accounts for newcomers on Jan.
The Islamic account may not contain any swap or roll over fees but will still receive all the same benefits of our most popular 'Advanced' trading account.
The licensing application must be supported by audited and unaudited financial statements, a report on margin trading data processing system applied by the financial services company and a margin trading account opening form and agreement.
Funds from trading accounts are now deducted instantly and automatically the moment the withdrawal request is submitted by a client.
Before an active trader changes to the MTM method of accounting, he should first examine his trading account for any unrealized gains that would become income when marked to market.
Financial Portal Achieves Exponential Lift in New Trading Accounts Through Online Social Networking
8220;These distinctive trading accounts also concentrate to the needs of the global clients who aspire additional exposure to the possibility of improved earnings through the options markets, however, eager to know their probable trading danger at all times,” Hermans continued.
The traders with the next 5 highest rates of return (2nd through 6th place) will all be named Six-Figure Winners and each will be awarded a notionally funded $100,000 trading account.
All DCM trading account clients will be able to withdraw bonus deposits after minimum trade volume requirements have been met as itemised in the promotional terms and conditions available on the Company website.
The company also offers managed futures and forex trading accounts.
4% in the first quarter of 2005, in part due to higher fee income from deposit accounts, increased securitization income, trading account gains, and fiduciary and capital market fees.