Full service brokers offer advice and usually have a full staff of analysts who follow specific industries. Discount brokers simply execute a client's order. Also called shareholders' equity. A low or deteriorating level of confidence is considered by many technical analysts as a bearish sign. The degree of assurance that a specified failure rate is not exceeded.
Confirmation is issued immediately after a trade is executed.
It spells out settlement date, terms, commission, etc. The movement of the price of a futures contract toward the price of the underlying cash commodity. At the start, the contract price is higher because of the time value. But as the contract nears expiration, the futures price and the cash price converge. To purchase enough of the available supply of a commodity or stock in order to manipulate its price.