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.
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 is a term describing a portfolio of money from lots of individual investors that are pooled together for the purposes of investment.
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 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.
Price risk is the risk of a decline in the value of an assets.
Previous close is asset’s previous closing price. It almost always refers to the final price of a security a day before the current one.