The amount that has to be deposited with the Clearing Corporation before the purchase or sale of a security.
You may also like
The price range within which investors can bid forĀ IPO shares. It is set jointly by the company and the underwriter and is […]
An order to buy and sell a security that remains in effect until it is either cancelled by the customer or executed
ASBA (Application Supported by Blocked Amount) is an application by an investor containing an authorization to self-certified syndicate bank (SCSB) to block […]
Bid refers to the price one is willing to pay for a security.