What is a Sweep-to-Fill Order?

A sweep-to-fill order is an order to buy shares placed by an investor, in which a broker breaks the order into several smaller parts to find shares at the best prices. A sweep-to-fill order is to be executed immediately, therefore broker must quickly search for the prices of shares across markets and execute the sweep-to-fill … Read more

What is Credit Card Cloning?

Credit card cloning also known as skimming is illegal and unauthorized copying of a credit card. Fraudsters copy information from your credit card physically and use an electronic device and the data from the stolen card to create a new card that works just like your card. Sometimes, fraudsters use fake or old credit cards … Read more

What Is Buy to Cover?

Buy to cover is an order placed for buying a security that will close a short position. A short position is when an investor borrows a security from a broker such as shares to sell them at a high price and buy them back at a low price to make a profit. Because the securities … Read more

Time in Force

Time in force refers to the amount of time an order will stay active before it is executed by the broker or expires. Using time in force allows active traders to be specific about timing when placing orders for buying and selling securities. Time in force orders allows traders to execute trades only when the … Read more

What is Close Position in Trading?

A close position in trading means that a previous position has been changed and trading has come to an end. A close position is an opposite of an open position in which the investor closes the transaction after making a profit or incurring a loss. There are two situations in which the investor or trader … Read more

What is Littoral Land?

Littoral land is a piece of land on the side of a static water body. The land next to the ocean, sea, or lake is known as littoral land. Littoral land or property is commonly called seaside, beachfront, or lakefront property. Riparian land, as compared to littoral land is the land next to a flowing … Read more

How to Become a New Jersey Sole Proprietorship

It is important to understand that choosing the right legal structure for your business is a crucial step in planning the development of your business. It decides what compliances you need to follow and what benefits and risks you might be facing.  A sole proprietorship has a single owner who possesses complete control and responsibility … Read more

How to Reserve a Business Name in Georgia

Whether you are an LLC or any other kind of business entity, the name of your business entity is what makes your business distinct and unique in the market.  The name is also a legal requirement since the business entity has a separate legal existence from that of the owner. In this respect, the only … Read more

How to Start a Sole Proprietorship in Wisconsin?

Sole proprietorship is the business structure which requires least amount of money and compliances in its set-up and yet brings lots of tax perks with it. It is one of the simplest ways of structuring your business and allows the owner of the business to legally have full control over it.  Let me illustrate your … Read more

How to Search for a Business Name in Alabama

When it comes to starting an Alabama LLC, the first thought that comes to mind after brainstorming the business plan is, “What should I name my business?” You may reserve a business name in Alabama until you’re ready to start the business formation procedure. Every LLC requires a name, ideally, one that is memorable and … Read more