discretionary account investment & finance definition
An investment account that gives the broker discretion to purchase and sell stocks and other investments without obtaining the prior approval of the account owner.
Discretionary Account
An account in which the customer permits a trading institution to act on the customer's behalf in buying and selling currency pairs.
Discretionary accounts are investment accounts that are structured to allow the broker or another authorized individual to manage the assets of the investor without the need to clear the transactions with the investor beforehand.
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.
Distribution Date ...
DISCRETIONARY ACCOUNT - A customer account in which the customer has given to the broker-dealer carrying the account authority to determine what securities to purchase or sell for the account, when to do so and at what prices.
Discretionary Account - A type of investment account in which the individual has granted his/her broker or money manager full authority to trade securities in the account.
Discretionary Account - A client account in which the account executive is permitted to buy and sell securities for the client without the client's prior permission.
Discretionary Account
A securities account created when a client gives a partner, ...
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.
Diversifiable risk ...
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 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 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 - An account in which the customer authorizes another person to make full trading decisions.
FILL OR KILL - An order that must be filled immediately or canceled.
Discretionary Account
An account for which buying and selling orders can be placed at the discretion of a broker or other designated person without the consent of the account owner.
Directional Movement Indicator (DMI) ...
Discretionary Account
An arrangement by which the owner of the account gives written power of attorney to someone else, usually the broker or a commodity trading advisor, to buy and sell without prior approval of the account owner.
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.
The selection of acceptable debt instruments for discretionary accounts should be based on research performed in-house, acquired from outside sources, or a combination of the two.
Managed Account: See Controlled Account and Discretionary Account.
Managed Money Trader (MMT): A futures market participant who engages in futures trades on behalf of investment funds or clients.
One final option you have is to create a discretionary account. This means that you sign a contract with your stockbroker and turn over a sum of money to the agent for investment, ...
Managed Account: See Controlled Account and Discretionary Account.
Manipulation: Any planned operation, transaction, or practice that causes or maintains an artificial price.
Managed Account: See Discretionary Account : An arrangement by which the holder of the account gives written power of attorney to person, often his broker, to make trading decisions. Also known as a controlled or managed account.
Excessive trading of a discretionary account by a person with control over the account for the purpose of generating commissions while disregarding the interests of the customer. Also referred to as "twisting."
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White Knight ...
An individual who solicits or accepts (other than in a clerical capacity) orders, discretionary accounts, or participation in a commodity pool, or supervises any individual so engaged, on behalf of a Futures Commission Merchant, an Introducing Broker, ...
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.
Discretionary Account (in banking)
Account in Trust (in banking)
Eudoxus of Cnidus
Eaton Vance Corp
Legg Mason Inc
Safekeeping (in banking)
Trading Account Assets (in banking)
Separately Managed Account (SMA) (finance term) ...
Churning is defined by the NFA as excessive trading of a discretionary account by a person with control of the account for the purpose of generating commissions while disregarding the interests of the customer.
Associated Person ...
See Digital Interface Service/Character Interface Presentation Server discretionary account
An account empowering a broker or adviser to buy and sell without the client's prior knowledge and consent. distribution capability ...
Discretionary Account : An account in which the customer permits a tradin...
Disposable Income : Earnings after tax.
Distribution Line : A technical indicator that attempts to quantify the f...
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: Trading, Future, Broker, Market, Order
  
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