Jitney is a broker who has access to stock exchange and performs trades for those who do not have the access.
An option premium is the income received by the investor who sells an option contract to another party.
An option pool is a term used to describe shares or stock reserved for employees of a privately traded company.
A non-controlling interest is a situation where a shareholder owns less than 50% of company’s shares and has no control over the decisions.
Payment for order flow is the payment a brokerage firm gets for directing orders to different parties for execution of a trade.
The parity price is used for securities and commodities, and the term defines two assets equal in value.
A parity bond are two or more bonds with equal rights of payment or equal seniority to one another.
A regular-way trade is a trade that has typical settlement cycle required for a particular asset participating in a trade.
Relative strength is an investing technique that compares the performance of a particular asset to the overall performance of the market.