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  2. Interactive Brokers - Wikipedia

    en.wikipedia.org/wiki/Interactive_Brokers

    Interactive Brokers offers direct market access, omnibus and non-disclosed broker accounts, and provides clearing services. The firm has operations in 34 countries and 27 currencies and has 2.6 million institutional and individual brokerage customers, with total customer equity of US$426 billion as of December 31, 2023. [ 1 ]

  3. Net capital rule - Wikipedia

    en.wikipedia.org/wiki/Net_capital_rule

    As described in Section 1.2 above, the SEC has stated "tentative net capital" levels at the CSE Brokers remained stable, or in some cases increased, after the 2004 rule change. [85] CSE Brokers, however, could be permitted to include in net capital computations some "less liquid" securities that were excluded before the 2004 rule change. [86]

  4. IEX - Wikipedia

    en.wikipedia.org/wiki/IEX

    IEX listed its first public company, Interactive Brokers, on October 5, 2018. The exchange said that companies would be able to list for free for the first five years, before a flat annual rate of $50,000. [2] On September 23, 2019, it announced it was leaving its listing business. [3]

  5. Special memorandum account - Wikipedia

    en.wikipedia.org/wiki/Special_Memorandum_Account

    Special memorandum account (SMA) [1] is a margin credit account used for calculating US Regulation T requirements on brokerage accounts. In addition to Initial Margin and Maintenance Margin requirements, the SMA ledger is used to lock in unrealized gains that augment the client's buying power.

  6. Portfolio margin - Wikipedia

    en.wikipedia.org/wiki/Portfolio_margin

    In order to qualify for a portfolio margin account, a broker-dealer customer must meet the minimum equity guidelines as set by FINRA: $100,000 for customers of firms that have real-time intra-day monitoring systems, $150,000 for customers of firms without real-time intra-day monitoring systems, and $500,000 for Prime Broker customers or ...

  7. Block trade - Wikipedia

    en.wikipedia.org/wiki/Block_trade

    A block trade is a high-volume transaction in a security that is privately negotiated and executed outside of the open market for that security. [1] Major broker-dealers often provide "block trading" services—sometimes known as "upstairs trading desks"—to their institutional clients. [2]

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  9. Dynamic lot-size model - Wikipedia

    en.wikipedia.org/wiki/Dynamic_lot-size_model

    The dynamic lot-size model in inventory theory, is a generalization of the economic order quantity model that takes into account that demand for the product varies over time. The model was introduced by Harvey M. Wagner and Thomson M. Whitin in 1958.

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