FT MarketWatch

Fourth market

The direct Trading of large blocks of securities between institutional investors through a computer network, rather than on an Exchange.

Related Terms: 8 Block, Exchange, ECU, Institutional investor, Net, Put, SEC, Trading
Other Related Pages: Category: Trading Starting With: F
Semi Related Terms: 470 CLICK HERE TO VIEW
10-K, 1035 exchange, Accrual of discount, American Stock Exchange, Amortization of premium, At par, All or any part, At best, At call, At risk, Add-on service, Abstract of title, Action to quiet title, Assignment to creditors, Attorney in fact, Assignment of mortgage, A shares, At the money, Across the board, Additional paid-in capital, Ad valorem, After-hours trading, Against the box, At the bell, At the close, At the figure, At the full, At the market, At the opening order, Away from the market, Accredited investor, Angel investor, Below the line, Books of final entry, Books of original entry, Banking Act of 1933, Bid-to-cover ratio, Block, Block trade, Bureau of Public Debt, Block house, Brought over the wall, Buying on margin, Buy on close, Buy on opening, Buy the book, Balance of payments, Board of Governors, Basis trading, Breaking the syndicate, Bill of exchange, Bill of sale, Breach of trust, By the book, B shares, Breadth-of-market theory, Beat the gun, Cost Of Goods Sold, Cost of sales, Certificate of Participation, Committee on Uniform Securities Identification Procedures, Code of procedure, Chicago Mercantile Exchange, Capitalization of income, Cost of Living Adjustment, Cost-of-living index, Council of Economic Advisers, Chasing the market, Cheapest to deliver, Chicago Board of Trade, Commodities Exchange Act, Commodities Exchange Center, Commodity Exchange, Commodity Futures Trading Commission, Commodity Trading Advisor, Cost-of-living rider, Certificate of stock, Chicago Board Options Exchange, Cost of carry, Certificate of title, Cancellation of debt, Certificate of Claim, Cost of debt capital, Cost of funds, C shares, Class of options, Close to the money, Covered put, Certificate of Occupancy, Cloud on title, Cash or Deferred Arrangement, Class A Shares, Class B Shares, Crash of 1929, Crash of 1987, Coefficient of determination, Certificate of delivery, Close a position, Cornering the market, Curbs in, Deficit net worth, Direct profit, Deposit in transit, Direct deposit, Direct sends, Date of issue, Date of payment, Direct issuer, Direct paper, Drawn securities, Division of Enforcement, Division of Investment Management, Division of Market Regulation, Date of record, Dividend in arrears, Desk (the), Division of labor, Daily trading limit, Direct financing, Direct placement, Direct Public Offering, Durable Power of Attorney, Date of maturity, Debtor in possession, Debtor-in-possession financing, Deed of Release, Deed of Trust, Direct lease, Discharge of bankruptcy, Discharge of lien, Double net lease, Due-on-sale clause, Deep in the money, Deep out of the money, Deed of Surrender, Department of Housing and Urban Development, Direct rollover, Direct transfer, Direct participation program, Dogs of the Dow, Depth of market, Eurodollar certificate of deposit, Escrowed to maturity, Exchange, Ex-legal, Either-or order, Exchange seat, ECU, Exchange rate, E-mini, Exchange against actuals, Exchange for futures, Exchange for physical, Exchange of spot, Exchange versus cash, Ex-pit transaction, Ex-all, Exchange ratio, Exchange fund, Exchange privilege, Exchange-traded option, Ex-warrants, Employee Retirement Income Security Act of 1974, Ex-rights, Ex-rights date, Electronic Communication Network, Exchange distribution, First In First Out, Financial institution, Flight to quality, Flow of funds, Fill or kill, Front-ending an order, Floating exchange rate, Foreign exchange, Foreign exchange rate, Forward exchange rate, Forward P/E, Factors of production, Favorable balance of trade, Foreign direct investment, Form 8-K, Form S-1, Family of funds, Fund of funds, Free right of exchange, Ginnie Mae pass-through, Government securities, Government Securities Clearing Corporation, General Securities Representative Examination, G-7, General Agreement on Tariffs and Trade, G-8, Gather in the stops, Hart-Scott-Rodino Act of 1976, Hit the bid, House of issue, Hang Seng Index, Holder in due course, Hang out loan, Home equity line of credit, Hammering the market, Held at the opening, Historical trading range, Holding the market, In escrow, International Securities Identification Number, In-house, Institutional brokerage, Investment Advisor Act of 1940, Investment Company Act of 1940, In line, Insider trading, Insider Trading sanctions Act of 1984, Internal Rate of Return, Investor relations, Indication of interest, Institutional pot, In intestacy, In play, In-process research and development, Institutional fund, Institutional shares, I/O strip, In-service withdrawal, Imbalance of orders, In and out, Individual investor, Institutional investor, In sympathy, Intermarket Trading System, In the tank, Jumping the gun, Last In First Out, Lender of last resort, Law of one price, Lending at a rate, Limit-on-close order, Look-through earnings, Law of demand, Law of supply, Last trading day, Lock-limit, London International Financial Futures and Options Exchange, Long-Term Equity Anticipation Securities, Letter of comment, Line of credit, Loan-to-cost, Loan-to-value, Lock-in, Large cap, Leading the market, Like-kind exchange, Locked in, Long-term gain or loss, Level I quotes, Matrix trading, Mortgage pass-through security, Make a market, Market on close order, Mark-to-market, Medium of exchange, Marginal propensity to consume, Modified pass-through, Money at call, Married put, Marketable securities, Net, Net book value, Net current assets, Net income, Net income multiplier, Net interest margin, Net investment, Net margin, Net Operating Income, Net operating margin, Net profit, Net profit margin, Net quick assets, Net sales, Net surplus, Net tangible assets, Negotiable certificate of deposit, Negotiable Order of Withdrawal, New York Stock Exchange, Notice of Sale, National Association of Securities Dealers, National Association of Securities Dealers Automated Quotations system, National Securities Clearing Corporation, National Securities Trade Association, Net capital ratio, New York Futures Exchange, Net Asset Value, Net estate, Notice of Default, Naked put, National Association of Real Estate Investment Trusts, Net lease, Net change, Net position, Net transaction, Net volume, Nonaccredited investor, Off the books, Office of Thrift Supervision, Out-of-favor, Over-the-Counter, On-floor order, On margin, Or better, Opinion of title, On account, On-the-spot loan, Out of the money, On-balance volume, On close, On open, On the opening, Opening block, Option exchange, Pooling of interests, Pass-through, Pass-through coupon rate, Payment-in-kind security, Price Value of a Basis Point, Private sector pass-through, Put bond, Put provision, Public Securities Association, P&L, Power of Attorney, Prioritization of debt, Protective put, Protective put buying, Put, Put option, Put swaption, Put warrant, Paid-in capital, Paid-in surplus, Passive investor, Private Investment in Public Equity, Preservation of capital, Program trading, Put ratio backspread, Painting the tape, Paper trading, Primary exchange, Put/call ratio, Qualified institutional investor, Return of capital, Return on Capital, Return on Invested Capital, Return on Total Assets, Reading the tape, Regulation D, Regulation G, Regulation T, Regulation U, Round of funding, Rules of Fair Practice, Rate of exchange, Reciprocal of European terms, Regulation A, Right of first refusal, Right of rescission, Right to Know, Rate lock, Revolving line of credit, Right of recourse, Rule of 78, Right of redemption, Retirement Equity Act of 1984, Return on Capital Employed, Rate of return, Real rate of return, Regional exchange, Retail investor, SEC filing, SG&A, Sight letter of credit, S&L, SEC, Securities and Exchange Commission, Series EE bond, SEC fee, Securities analyst, Securities Industry Association, Securities Investor Protection Corporation, Securities loan, Segregation of securities, Sell the book, Standard of living, Spot trading, Second-to-die insurance, Stock exchange, Statute of Limitations, Satisfaction of debt, Securities lending, Staggered board of directors, Selling the spread, Synthetic put, Selling short against the box, Shorting against the box, S Corporation, Short-term gain or loss, Subchapter M, Subchapter S Corporation, Schedule C, Securities Act of 1933, Securities Acts Amendments of 1975, Securities Exchange Act of 1934, Securities fraud, Seek a market, Small investor, Sophisticated investor, S&P phenomenon, Suspended trading, Tangible net worth, T-Bill, Term to maturity, Trading, Treasury Direct, Take a position, Trading authorization, Two-sided market, Two-way market, Trailing P/E, Trading range, Tenancy by the entirety, Triple net lease, Truth in Lending, Two-step mortgage, Tenancy at will, The Street, Timing the market, Taxpayer Relief Act of 1997, Tax Reform Act of 1986, Tax Reform Act of 1993, Trading profit, Trading Index, Take a bath, Trading costs, Trading curb, Trading floor, Trading halt, Trading session, Trading volume, U.S. Government Agency Security, U.S. Savings Bond, U.S. Treasury, U.S. Treasury Bill, U.S. Treasury Bond, U.S. Treasury Note, U.S. Treasury Securities, Uniform Securities Act, Unlisted trading, Uncovered put, Unit of trade, Unit of trading, Work force, Waiver of premium, W-2 Form, W formation, X or XD, Year-To-Date, Yield to call, Yield to maturity, Yield to worst