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M1 |
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Money supply as measured by the sum of currency in circulation plus demand deposits in commercial banks, traveler's checks and other checkable deposits (including the net of demand deposits due to foreign commercial banks and official institutions). |
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M2 |
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M1 plus overnight repurchase agreements and Eurodollars, MMMF balances (general purpose and broker/dealer), MMDA's, and savings and small time deposits. |
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M3 |
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M2 plus large time deposits, term repurchase agreements, and institution-only MMMF balances. |
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Maintenance Margin |
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A set minimum margin (per outstanding futures contract) that a customer must maintain. See also Margin. |
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Margin Margin |
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is a cash deposit provided by clients as collateral to cover losses (if any) that may result from the clients Foreign Exchange trades. The Margin required from clients is 2% for day trading and 4% for overnight positions. |
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Margin Call |
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A demand for additional funds. A requirement by a clearing house that a clearing member (or by a brokerage firm that a client) brings margin deposits up to a required minimum level to cover an adverse movement in price in the market. |
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Mark to the Market |
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To debit or credit on a daily basis a margin account based on the close of that day's trading session. |
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Market Order |
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An order to buy or sell futures contracts that is to be filled at the best possible price and as soon as possible. In contrast to a Limit Order, which may specify requirements for a price or time of execution. See also Limit Order. |
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Matched Sales |
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See Reverse Repurchase Agreements. |
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Matching |
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The aligning of purchases with corresponding sales as trades are processed. |
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Maturity |
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Date for settlement. |
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Member's Rate |
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Commission charged for the execution of an order for a person who is a member of the exchange. |
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MGE |
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The Minneapolis Grain Exchange. |
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MidAm |
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The MidAmerica Commodity Exchange. |
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Mortgage |
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A conveyance of interest in real property given as security for the payment of debt. |
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Mortgage Banker |
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An intermediary that originates loans to permanent investors. |
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Mortgagee |
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A party to whom property is conveyed as collateral for a loan. |
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Mortgagor |
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A borrower of funds. |
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Multiplier |
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In stock index futures trading, the multiplier is the dollar value that is multiplied by the under value to determine the dollar market value of the futures contract. |
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Margin Call |
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A demand upon a customer to deposit money or securities with a broker. Margin calls are made in accordance with Regulation T which governs the amount of credit that may be advanced by brokers to customers for the purchase of securities. |
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Market Capitalization |
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The total market value of a company or stock, which equals the number of shares times the current market price of the shares.
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Market Minder |
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A customizable table that allows you to isolate and display key information fields on a list of stocks or indexes. You set the list and develop column layout of the market minder. |
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Market Sentiment |
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A measurement of the bullish or bearish attitude of the crowd.
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Market Timing |
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Shifting money in and out of investment markets in an effort to take advantage of rising and falling prices. |
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Momentum |
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Momentum is the most basic concept in oscillator analysis. Momentum is the rate of change at which the market is rising or falling. |