Execution - The process of completing an order to buy or sell securities. Once a trade is executed, it is considered final. This includes expenses such as brokerage commissions, management fees, overhead costs, and 12b-1 fees. Fast Market - A market where orders enter faster than the brokers and specialists can handle them effectively. These situations are often created by the announcement of unexpected news.
Fast Markets can occur as the stock moves up or down.
Floor Broker - An exchange member who, as such, is permitted to conduct business on the exchange floor. Fully Diluted Earnings Per Share - Earnings per share expressed as if all outstanding convertible securities and warrants have been exercised. Fully Diluted Shares Outstanding - All shares outstanding including common stock, warrants, and convertible securities. Fund Family - A group of individual mutual funds managed by a single company. Investing within a fund family can mean lower costs and less paperwork.