Discretionary Account
Discretionary Account definition :
Account over which an individual or organization, other than the person in whose name the account is carried, exercises trading authority or control.
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Discretionary Account
An arrangement by which the holder of an account gives written power of attorney to someone else, often a broker, to buy and sell without prior approval of the holder; ...
Discretionary Account
Definition: Investment account in which the client authorizes a firm to make decisions on their behalf.
Discretionary account
accounts over which an individual or organization, other than the person in whose
name the account is carried, exercises trading authority or control.
Expected value of perfect information ...
Discretionary account. An account in which a customer gives an investment advisor or someone else discretion to buy and sell securities, including their selection, timing, amount, and price to be paid/received.
Discretionary Account
A type of brokerage account whereby clients authorize their broker to buy and sell securities or commodities when the broker deems it is appropriate.
Discretionary Account
A type of account where you give some the broker some control over purchase and sale of securities on your behalf, without you having to approve each order.
Discretionary account
An account in which the customer gives the broker or someone else discretion to buy and sell securities or commodities, including selection, timing, amount, and price to be paid or received.top
Diversification ...
Discretionary Account
A type of account with a broker-dealer in which the investor authorizes the broker to buy and sell securities, selected by the broker, at a price, amount, and time the broker believes to be best.
Distribution ...
Discretionary account. A brokerage account in which the customer has given the broker the authority to buy and sell securities at his or her discretion -- that is, without checking with the customer first.
Discretionary account
A discretionary account is a type of brokerage account in which clients authorize their brokers to buy and sell securities on their behalf without prior consent for each transaction.
Discretionary Account - Account with a brokerage or other financial institution where the client has permitted the firm or account manager to execute trades without obtaining prior permission.
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Discretionary account: A customer account in which the firm or its registered representative has the authority to enter orders without the prior approval of the customer.
Discretionary Account
A trading account over which an investor gives a broker authority to effect transactions without prior reference to or approval of that client.
Discretionary Account - Is an account whereby another party holds limited or full Power of Attorney over the trading or investment account of another.
Discretionary Account
An account that allows a broker to buy and sell securities without the client's consent. The client must sign a discretionary disclosure with the broker as documentation of the clients consent.
As a discretionary account trader you will probably be on £30,000 plus a share of profits related to how much money the firm is making. Typically a discretionary trader will be managing 100 - 200 clients after 2 years.
limited discretionary account A particular agreement in which a client has given his broker the ability to make certain types of trades without prior consent.
DA - discretionary account
DAX - deutsche Aktienindex - (German stock index)
Dibid - Dublin interbank bid rate
DIE - designated investment exchange (UK)
DMI - direct member input (UK, LIFFE)
DSR - delivery status report ...
Full trading authorization Indication that a broker with a discretionary account can operate free of all trading guidelines from the client.
A managed account is similar to a discretionary account, but the difference is that a discretionary account is typically opened out of convenience for clients who are ill or out of the country; ...
discretionary account
discretionary account
Discretionary cash flow
Discretionary Conditional Release (Criminology, UK)
Discretionary Housing Payment (UK)
discretionary hyphen
discretionary income
discretionary income
discretionary income ...
Wrap Account A type of fully discretionary account (in which a client has given specific written authorization to a partner, director or qualified portfolio manager of an investment dealer to select securities and execute trades for him or her).
Excessive broker trading in a discretionary account. Underwriters persuade brokerage clients to purchase some part of a new issue in return for the purchase by the underwriter of other securities from the clients at a premium.
However, they do not usually charge commission for each trade made on a discretionary account. This means that brokers are not tempted to churn (trade more frequently than necessary) clients' investments in order to generate more commission.
It can be a fully discretionary account or limitations can be imposed by the contract under the terms of the APT or by the officers of the IBC.
See Controlled Account and Discretionary Account.
Management Company
The group of individuals responsible for managing a mutual fund's portfolio.
Limited discretionary account
Limited liability
Limited Liability Company
Limited Liability Company - LLC
Limited Liability Partnership
Limited partnership
Limited Partnership - LP
Limited Partnerships
Limited payment policy
Limited price order ...
Indication that a broker with a discretionary account can operate free of all trading guidelines from the client.
Fully depreciated ...
Discretionary account An account empowering a broker or adviser to buy and sell without the client's prior knowledge and consent.
Also, any person occupying a similar status or performing similar functions, in any capacity that involves: (a) the solicitation or acceptance of customers' orders, discretionary accounts, ...
 See also: Expense, Bills, Saving, Banks, Values
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