What is a Level 3 trading account?

Answer Level 3 trading is reserved for members of the National Association of Securities Dealers (NASD), which is composed of financial institutions that act as stock market broker-dealers, also known as... Read More »

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The Difference Between a Trading Account and a Manufacturing Account?

Trading accounts and manufacturing accounts are two very different accounts but are used together in manufacturing companies. The balance from a manufacturing account is used to calculate the balan... Read More »

What is a trading account?

Trading accounts are essential tools for buying, selling and storing stocks, foreign currencies and securities. Trading accounts serve a function of convenience by helping investors keep track of t... Read More »

What is an online trading account?

Many online trading accounts exist from stock brokerages like Merrill Lynch, Scottrade, ShareBuilder and Fidelity. These online trading accounts allow investors to trade stocks real time. Discount ... Read More »

What are day trading rules for a cash account?

There are a number of rules that severely restrict or prohibit most regular day trading activities in cash accounts.Day tradingDay trading is the practice of buying and selling the same security wi... Read More »