PRIVATE BANKING
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Private banking is a series of personalized services and products offered to the high-net-worth clients of a retail bank or some other financial institution.
POOLED FUNDS
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Pooled funds is a term describing a portfolio of money from lots of individual investors that are pooled together for the purposes of investment.
PINK SHEETS
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Pink sheets are listings for stocks that trade over-the-counter. These are the companies that are not listed on a major exchange like NYSE or Nasdaq.
PAYMENT FOR ORDER FLOW
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Payment for order flow is the payment a brokerage firm gets for directing orders to different parties for execution of a trade.
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