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Investment Analysis Portfolio Ch. 2

Across
distinguished by the flow of funds between the market participants
occurs when prices respond quickly to new information, when each successive trade is made at a price close to the preceding price, and when the market can absorb large amounts of securities or assets without changing the price significantly
to the guarantee the investment banking firm gives the selling firm to purchase its securities at a fixed price
on may 6, 2010 when the market dropped 1000
stock exchange in NY that began as a physical location
where the company sells it's stock to the public without the help of an investment bank
basis where the issuing firm assumes the risk and simply takes back any securities not sold after a fixed period
Initial public offering
will shut down the markets or a stock in the event that it takes a pre-defined drop.
Down
computer triggers are established in which large-volume trades can be initiated by institutional investors
acts as a middleman in the process of raising funds and in most cases
A way of exchanging assets
a database that keeps track of limit orders and market orders for the specialist
markets for existing assets that are currently traded between investors
Electronic communication network