MyTradz.com

	Login
	Open Account

Traders Glossary

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z

Bid Price (Buy Price)

The quoted bid at which a Market Maker is willing to buy a stock. (See Market Maker, best bid).

Bid/Ask Spread

The difference between the price at which a Market Maker is willing to buy a security (bid), and the price at which the firm is willing to sell it (ask). The spread narrows or widens according to the supply and demand for the security being traded. (See inside quote, spread).

Blue-Chip Stock

A valuable stock that has proven itself; i.e., has been around for many years and has made piles of money. Examples are IBM, GE, Ford, etc. The name derives from the chips used in poker, blue always being the most valuable.

Bottom Fishing

Purchasing of stock declining in value, or of stocks that have suffered drastic declines in their prices.

Broker

The term was first used around 1622 to mean an agent in financial transactions. Originally, it referred to wine retailers - those who broach (break) wine casks.

*The term Direct Access refers to the client’s ability to determine which Exchange, ECN or Market Maker receives their order. The term does not mean to imply that you can trade without a broker, as any transaction would require a relationship with a registered Broker-Dealer.

The risk of loss in electronic trading can be substantial, you should therefore consider whether such trading is suitable for you based on your individual circumstances and financial resources. Account access, trade execution and system response may be adversely affected by market conditions, quote delays, system performance and other factors. Extended hours trading entails several risks including lower liquidity, higher volatility, wider spreads, changing prices, unlinked markets, news and announcements. Not all securities, products or services are available in all states or countries outside the United States and nothing herein should be deemed as an offer or solicitation of these securities, products and services in any jurisdiction in which Online Brokerage Services is not properly licensed and registered.

Online Brokerage Services, Inc. reserves the right to refuse the transfer of funds from a brokerage account to another account, other than that which was used as the brokerage account's original source of funding. Online Brokerage Services, Inc. will not allow for third-party funding. Funds are subject to a minimum holding period of thirty (30) days upon initial funding of account.