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A bracketed buy order is an order to buy a security at one price and sell it at a higher price. The order includes two prices: the price at which the security will be bought and the price at which it will be sold. The order is placed with a broker and is executed when … Read more
A covered warrant is a type of financial derivative that gives the holder the right to buy or sell an underlying asset at a specified price within a certain time period. Covered warrants are similar to options, but there are some key differences. For starters, covered warrants are usually issued by banks and other financial … Read more
The concept of mortgage credit refers to the amount of money that a client requests by committing to return it through periodic installments, in addition to a series of associated interests. It is generally backed by a home guarantee, under conditions established in agreement with the financial institution and reflected in a contract. There are … Read more
