Meaning PROTECT: Assure the salesperson or trader that interest, buy or sell, will be attended to, given any change in the trading circumstances, as follows:At a price: If the stock trades at a certain price or price range, the trader will show this market to the salesperson and thus allow participation under these favorable circumstances.Floor protection: Representation of a client on the floor of the exchange-so that if size were to trade at his price or a better price, salesperson would participate.Volume (OTC): If a certain amount of volume trades (that parallels the protectee's interest), trader assures salesperson of reasonable participation in the trading activity. The extent of this protection depends on liquidity, number of market makers, and other aspects of the stock
More terms such as Protect in Dictionary P.
- Definition Perfect Competition:
- Examples An idealized market environment in which every market participant is too small to affect the market price by acting on its own protect definition.
- Definition Probability Distribution:
- Examples A function that describes all the values a random variable can take and the probability associated with each. Also called a probability function protect explain.
- Definition Prior-Lien Bond:
- Examples A bond usually arising from reorganization with precedence over another bond of the same issuing company that is equally secured protect what is.
- Definition Project Financing:
- Examples A form of asset-based financing in which a firm finances a discrete set of assets on a stand-alone basis protect meaning.
- Definition Put-Call Parity:
- Examples derivative products. Option pricing principle that says, given a stock's price, a put and call of the same class must have a static price relationship because arbitrage opportunities or protect abbreviation.
