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| Maintenance margin |
The minimum margin which an investor must keep on deposit in a margin account at all times in respect of each open contract. |
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| Make a market |
A dealer is said to make a market when he or she quotes bid and offer prices at which he or she stands ready to buy and sell. |
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| Management fee |
An investment advisory fee charged by the financial advisor to a fund based on the fund's average assets, but sometimes determined on a sliding scale that declines as the dollar amount of the fund increases |
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| Margin |
Also called security deposit. An amount of funds that must be deposited with the broker for each contract as a good faith deposit on the contract |
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| Margin call |
demand for additional funds because of adverse price movement. Maintenance margin requirement, Security deposit maintenace
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| Market maker |
A market maker is a person or firm authorized to create and maintain a market in an instrument.
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| Market order |
An order to buy or sell a financial instrument immediately at the best possible price.
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| Market-if-Touched |
A price order, below market if a buy or above market if a sell, that automatically becomes a market order if the specified price is reached. |
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| Micro economics |
The study of economic activity as it applies to individual firms or well defined small groups of individuals or economic sectors. |
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| Mid-price or middle rate |
The price half-way between the two prices, or the average of both buying and selling prices offered by the market makers.
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| Matador market |
The foreign market in Spain. |
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| Matching concept |
The accounting principle that requires the recognition of all costs that are associated with the generation of the revenue reported in the income statement. |
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| Maximum price fluctuation |
The maximum amount the contract price can change, up or down, during one trading session, as fixed by exchange rules in the contract specification. |
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| Minimum price fluctuation |
Smallest increment of price movement possible in trading a given contract. Also called point or tick. Related: Point, Tick minimum variance zero-beta portfolio The zero-beta portfolio with the least risk. |
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| Moving Average |
A way of smoothing a set of data, widely used in price time series. |
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