Auction Market
What is an Auction Market? An auction market is a market where the price is determined by the highest price the buyer is willing to pay (bids), and the lowest price the seller is willing to take (offers). Bids and offers are matched for a trade to occur. How Auction Markets Work Auction markets are...
Micro-Investing Platform
What is a Micro-Investing Platform? A micro-investing platform is an application that eases the process of investment by enabling users to save and invest small amounts of money periodically. Micro-investing platforms are different from conventional investment schemes in the sense that there is no minimum limit on the amount that can be saved. Also, they...
Maximum Drawdown
What is a Maximum Drawdown? A maximum drawdown (MDD) measures the maximum fall in the value of the investment, as given by the difference between the value of the lowest trough and that of the highest peak before the trough. MDD is calculated over a long time period when the value of an asset or...
Automatic Stabilizer
What is an Automatic Stabilizer? The term automatic stabilizer refers to a fiscal policy formulation that is designed as an immediate response to fluctuations in the economic activity of a certain country. The normal operation of the tools is such that no additional authorization is required by policymakers or the governments. The measures get automatically...
Automated Customer Account Transfer Service (ACATS)
What is the Automated Customer Account Transfer Service (ACATS)? The Automated Customer Account Service (ACATS) is an electronic system in the U.S. that allows the smooth transfer of financial securities of a customer from the trading account of one institution to the trading account at another. The institutions are usually brokerage firms or banks. Many...
