Business / Taxes / Online Brokerage Firm: To buy and sell securities online, you set up an account with an online brokerage firm. The firm executes your orders and confirms them electronically. When the markets are open, the turnaround may be very fast, but you can also give buy or sell orders at any time for execution when the markets open. You may mail the firm checks to settle your transactions or transfer money electronically from your bank account. Some online firms are divisions of traditional brokerage firms, while others operate exclusively in cyberspace. Most of them charge much smaller trading commissions than conventional firms. Online firms usually provide extensive investment information, including regularly updated market news, on their websites, though not one-on-one consultations.
Firm Verb Synonyms: compact, solid, dense, compressed, condensed, concentrated, rigid, stiff, hard, unyielding, inflexible, inelastic
Firm Adjective Synonyms: steady, strong, sturdy, tight, unwavering, unshakable or unshakeable, unswerving
Business / Taxes / Deep Discount Brokerage Firm: A financial services company that offers rock-bottom rates for large-volume securities transactions is sometimes described as a deep discount firm. However, online brokerage firms or electronic commun MORE
Business / Taxes / Online Trading: If you trade online, you use a computer and an Internet connection to place your buy and sell orders with an online brokerage firm. While the orders you give online are executed immediately while the MORE