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May Day
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May DayThe date of May 1, 1975, after which brokers were allowed to charge any brokerage commission, rather than a mandatory rate.
RELATED TERMS--------------------------------------
Charge
The document evidencing mortgage security required by Crown Law (law derived from English law).
Commission
The fee paid to a broker to execute a trade, based on number of shares, bonds, options, and/or their dollar value. In 1975, deregulation led to the establishment of discount brokers, who charge lower commissions than full service brokers.
SIMILAR TERMS--------------------------------------
MAY ASSOCIATES Credit Union
MAY ASSOCIATES is a credit union with head office in AKRON, OH
May Dept Stores
May Dept Stores is a top United States corporation in the field of retailing, and its estimated market value is 10,080 million US dollars.
May expand
Used in the context of general equities. Warning that the size of the order-total may be increased.
PREVIOUS AND NEXT TERMS--------------------------------------
Maxi ISA
An Individual Savings Account which places all ISA money for the tax year with a single plan manager.
Maximum capital gains mutual fund
A mutual fund whose objective is to produce capital gains by investing in small or risky rapid-growth companies.
Maximum expected return criterion (MERC)
Standard that one choose the asset with the highest anticipated return.
Maximum price fluctuation
The greatest amount by which the contract price can change, up or down, during one trading session, as fixed by exchange rules in the contract specification.
Maximum return criterion (MRC)
Standard that one choose the asset with the highest return.
May Day
May expand
Used in the context of general equities. Warning that the size of the order-total may be increased.
MBS servicing
The requirement that the mortgage servicer maintain payment of the full amount of contractually due principal and interest payments whether or not actually collected.
McClellan oscillator
A market breadth indicator that is based on the difference between the number of advancing and declining issues on the NYSE.
McClellan summation index
The McClellan Summation Index is a long-term version of the McClellan Oscillator.
McFadden Act
In the USA, restricts commercial banks to operating in only one state.
RELATED TERMS--------------------------------------
Charge
The document evidencing mortgage security required by Crown Law (law derived from English law).
Commission
The fee paid to a broker to execute a trade, based on number of shares, bonds, options, and/or their dollar value. In 1975, deregulation led to the establishment of discount brokers, who charge lower commissions than full service brokers.
SIMILAR TERMS--------------------------------------
MAY ASSOCIATES Credit Union
MAY ASSOCIATES is a credit union with head office in AKRON, OH
May Dept Stores
May Dept Stores is a top United States corporation in the field of retailing, and its estimated market value is 10,080 million US dollars.
May expand
Used in the context of general equities. Warning that the size of the order-total may be increased.
PREVIOUS AND NEXT TERMS--------------------------------------
Maxi ISA
An Individual Savings Account which places all ISA money for the tax year with a single plan manager.
Maximum capital gains mutual fund
A mutual fund whose objective is to produce capital gains by investing in small or risky rapid-growth companies.
Maximum expected return criterion (MERC)
Standard that one choose the asset with the highest anticipated return.
Maximum price fluctuation
The greatest amount by which the contract price can change, up or down, during one trading session, as fixed by exchange rules in the contract specification.
Maximum return criterion (MRC)
Standard that one choose the asset with the highest return.
May Day
May expand
Used in the context of general equities. Warning that the size of the order-total may be increased.
MBS servicing
The requirement that the mortgage servicer maintain payment of the full amount of contractually due principal and interest payments whether or not actually collected.
McClellan oscillator
A market breadth indicator that is based on the difference between the number of advancing and declining issues on the NYSE.
McClellan summation index
The McClellan Summation Index is a long-term version of the McClellan Oscillator.
McFadden Act
In the USA, restricts commercial banks to operating in only one state.
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This dictionary contains 24549 terms.
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