Securities and commodities exchanges

Definition:

Exchanges on which securities, options, and futures contracts are traded by members for their own accounts and for the accounts of customers.

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Noninsured plans

Defined benefit pension plans that are not guaranteed by life insurance products. Related: Insured plans.

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