Securities Market

Bid Price
The price at which a market maker is willing to buy shares, usually slightly lower than the market maker's offer price.
Big Bang
The 'Big Bang' refers to the major changes introduced on the London Stock Exchange (LSE) on 27 October 1986, aimed at deregulating and modernizing market operations.
Cross
A securities transaction in which the same broker acts as agent on both sides of the trade. The practice, called 'crossing,' is legal only if the broker first offers the securities publicly at a price higher than the bid.
Financial Industry Regulatory Authority (FINRA)
FINRA is a self-regulatory organization established in 2007 aimed at overseeing brokers and dealers in the United States securities market, providing training, arbitration, and enforcement of a written code of practice to ensure market integrity.
Floating Securities
Floating securities refer to securities that are actively traded or outstanding in the market, often bought for quick profits or persistently remaining unsold after issuance.
London Stock Exchange
The London Stock Exchange (LSE) is the primary stock exchange in the United Kingdom, offering equity, derivative, and information services. It has a rich history dating back to the seventeenth century and has undergone significant reforms to become one of the world's leading exchanges.
Securities and Exchange Commission (SEC)
The Securities and Exchange Commission (SEC) is a U.S. government agency that oversees the securities markets and protects investors by enforcing securities laws and regulations.
Shakeout
A shakeout is a market phenomenon where weaker or marginally financed participants are eliminated due to changing market conditions. In financial markets, it often results in speculators being forced to sell their positions, typically at a loss.

Accounting Terms Lexicon

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