Dictionary
- Locked Limit
- A market that, if not restricted, would seek price equilibrium outside the limit but, instead, moves to the limit and ceases to trade.
- Long
- Тhe state of actually owning a security, contract or commodity.
- Maintenance or variation margin
- An established value under which a trader's margin cannot fall. Reaching the maintenance margin triggers a margin call.
- Margin
- The amount paid by the customer when using a broker's credit to buy or sell a security.
- Margin Account
- An account with a brokerage firm that allows its clients to buy securities with money borrowed from the broker.