What Are Transaction Costs? Definition, How They Work, and Example

What Are Transaction Costs? Transaction costs are the expenses incurred when buying or selling financial assets, such as stocks, bonds, or currencies. These costs can include brokerage fees, commissions, taxes, and other charges associated with executing a trade. Definition Transaction costs are the costs associated with completing a financial transaction. …

The Over-The-Counter Bulletin Board (OTCBB) And Its Role In The Stock Market

What is the Over-the-Counter Bulletin Board (OTCBB)? The Over-the-Counter Bulletin Board (OTCBB) is a regulated electronic quotation service that provides real-time quotes, last-sale prices, and volume information for over-the-counter (OTC) securities. It is operated by the Financial Industry Regulatory Authority (FINRA) and serves as a platform for trading stocks that …

Toronto Stock Exchange TSX What it is How it Works

Toronto Stock Exchange TSX The Toronto Stock Exchange (TSX) is the largest stock exchange in Canada and one of the largest in the world. It is a marketplace where buyers and sellers come together to trade stocks and other securities. The TSX provides a platform for companies to raise capital …

Stock Screener: Definition How It Works Example

Stock Screener: Definition and Purpose A stock screener is a powerful tool used by investors and traders to filter and narrow down a large universe of stocks based on specific criteria. It allows users to identify stocks that meet their investment objectives and trading strategies. The purpose of a stock …

Quote-Driven Market Explained: And Operating The System

What is a Quote-Driven Market? A quote-driven market is a type of financial market where the prices of securities are determined by market makers or dealers who provide quotes for buying and selling these securities. In a quote-driven market, market participants can submit orders to buy or sell securities at …

FactSet: The Company Structure And How It Works

What is FactSet? FactSet is a leading global provider of integrated financial information, analytical applications, and industry-leading services. It offers a wide range of solutions to financial professionals, including investment managers, investment bankers, and other professionals in the financial industry. FactSet provides its clients with access to a vast amount …

Electronic Communication Network (ECN) – Definition and Examples

What is an Electronic Communication Network (ECN)? An Electronic Communication Network (ECN) is a type of trading network that allows for direct trading between market participants. It is a decentralized system that connects buyers and sellers in the financial markets, such as banks, financial institutions, and individual traders, without the …

Blotter: Definition, How It Works, Uses, and Example

Blotter: Definition, How It Works, Uses, and Example How Blotter Works The blotter works by automatically capturing and recording trade data in real-time. When a trade is executed, the blotter updates with the relevant information, allowing traders to monitor their positions and analyze their trading activity. The blotter can be …