The 'Big Bang' refers to the major changes introduced on the London Stock Exchange (LSE) on 27 October 1986, aimed at deregulating and modernizing market operations.
The interest rate at which stockbrokers borrow from banks to cover the securities positions of their clients, typically hovering close to the prime rate.
An investment analyst helps in making informed decisions about investments in securities, commodities, and more, typically employed by financial institutions.
An Investment Counsel is responsible for providing investment advice to clients and executing investment decisions. This can include financial planners, stockbrokers, and other financial professionals performing similar functions.
The issue price, also known as the offering price, is the price at which a new issue of shares is sold to the public. The market price of the securities may vary post-issuance, trading at a premium or a discount to the issue price.
