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Curious about forex assassin? Educate yourself about fx providers such as FXDD, MIG Investments, Finexo Ltd. Or Dukascopy; controlled by OSC(CA) and NFA(US). Each broker having a quick downloads or gadget friendly service, in the following languages: English.

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Q: please tell me what "preferred equity redemption stock" is
Category: glossary , Asked by: S. Calderon from Saint Louis, United States

A: Preferred stock with special provisions limiting the value of its convertible shares and the mandatory redemption value at maturity. PERCs generally offer a higher yield than common stocks. However, they can be called at any time, generally at a higher price than the cap price. When the PERC matures, it must be redeemed into either cash or underlying shares.
Q: what is the "overallotment"?
Category: glossary , Asked by: Isai J. From Ireland

A: "overallotment " is Selling more securities than are available in an IPO. Investors (on a so-called waiting list) hope that some orders will not be confirmed, allowing them to get in on the IPO.
Q: please tell me what an "introducing broker" is
Category: glossary , Asked by: Jesse T. From Cary, United States

A: A person or corporate entity which introduces accounts to FOREX.com for a fee.

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