Primary method of recording a transaction.
Deal ticket
Related Terms
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Price discrimination is the practice of selling identical goods or services at different prices from the same provider. In pure price discrimination, the seller will charge the buyer the absolute...
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A SPAC is a Special Purpose Acquisition Company, a shell that is created for the specific purpose of merging with some private company to take that company public more quickly than could have been...
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DMA, or Direct Market Access, is a type of trade execution where traders are offered direct access to the interbank, enabling them to place trading orders with liquidity providers (LPs). Trading...
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A currency forward is an agreement that locks in an exchange rate the day on which the agreement is signed for a transaction that will be completed later.
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IOU is an acronym that stands for “I owe you”. It refers to an informal document that acknowledges a debt one party owes to another. The debt usually involves a monetary value but can also be...