trading account


Also found in: Dictionary, Thesaurus.

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 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.
Johnson examined the ledgers, the journals, and other books of account of the early nineteenth century DPC, but could not notice the presence of a trading account. As a result, she could not comprehend the accounting system of the old DPC at all.
Of that, he converted $274,000 to personal use and lost $191,000 in online trading accounts.
We assess the correlation between the market risk capital figures and regulatory report information on trading account size and composition as well as independent measures of market risk exposure based on daily trading profit and loss information for selected bank holding companies.
Once MTM is elected, only $3,000 of these losses will be available to offset ordinary income from the active trading account.
The margin trading account is used to deal in securities traded in the market, and must not be used for subscription in new securities' issuances, as per the guidelines of the financial market regulator.
The Capital Index Islamic trading account is in strict accordance with Islamic principles and offers traders who are followers of the Islamic religion the opportunity to trade the world markets without incurring any Swap or Roll-Over fees on positions held overnight.
If $25,530.20 of "Expense," $19,059.00 of "Interest," and $68,411.35 of "Discount on Sales" are removed from the integrated mill trading account in Table 3, this trading account shows gross profit comparable to "Gross Profit on Sales" in Table 4.
In actuality, the perpetrators never held a commodity trading account. One ad boasted of turning $1,000 into $200,000 in one year, although this was not actual trading but, at best, hypothetical paper trading.
According to the SECC's original transaction fees, he explained, a trader with an initial investment of $1,000 would have to pay total fees of $6 - $3 when opening a trading account and another $3 when closing the same account.