Discretionary account

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.

Discretionary account An account empowering a broker or adviser to buy and sell without the client's prior knowledge and consent.

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 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 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 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 A brokerage account in which the owner has authorized another individual to effect trades on behalf of the owner.

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. 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 Account over which an individual or organization, other than the person in whose name the account is carried, exercises trading authority or control. Discretionary cash flow ...

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.

See: Discretionary Account; Discretionary Order; Expiration Date; In The Money; Options Limited Liability Condition in which an investor cannot lose more money than the amount that was invested. See: Limited Risk ...

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 ...

all or any part A stipulation of a purchase or sell order for a discretionary account which... all or none A stipulation of a purchase or sell order which instructs the broker to either...

Full trading authorization Indication that a broker with a discretionary account can operate free of all trading guidelines from the client.

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.

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 ...

See also: Account, Price, Broker, Investment, Invest