Selling group
All banks involved in selling or marketing a new issue of stock or bonds. |
Similar financial terms
Short sellingShort selling, usually just referred to as "shorting", involves selling an asset that is not in posession. Suppose an investor instructs a broker to short 20,000 STL shares. The broker will carry out the instructions by borrowing the shares from another client and selling them in the market in the usual way. The investor can maintain the short position for as long as desired, provided there are always shares for the broker to borrow. At some stage, however, the investor will close out the positi ...
Selling short
If an investor thinks the price of a stock is going down, the investor could borrow the stock from a broker and sell it. Eventually, the investor must buy the stock back on the open market. For instance, you borrow 1000 shares of British Petroleum on July 1 and sell it for £8 per share. Then, on Aug 1, you purchase 1000 shares of BP at £7 per share. You've made £1000 (less commissions and other fees) by selling short.
Selling Away
When a broker solicits you to purchase securities not held or offered by the brokerage firm. As a general rule, such activities are a violation of securities regulations. Typically, when a broker is "selling away," the investments are in the form of private placements or other non-public investments.
Group of 100
Prestigious cross-functional group of accounting profession thought leaders in the US. The group meets periodically to identify future trends and hot issues. Their output and decisions are analyzed and prioritized by the Strategy Working Group, which determines what projects should be implemented in order to address trends and issues for the benefit of the profession.
Focus group
A small group of people meet an interviewer to discuss a product, service or marketing policy. This provides insight into consumers` behaviours and attitudes.
