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Q: please tell me what an "automated customer account transfer service" is

Category: glossary , Asked by: L. K. From Calgary, Canada

A: A system that facilitates the transfer of securities from one trading account to another at a different brokerage firm or bank. The National Securities Clearing Corporation (NSCC) developed the ACATS system, replacing the previous manual asset transfer system with a fully automated and standardized one. Stocks, bonds, cash, unit trusts, mutual funds, options and other investment products can be transferred via the ACATS system. Only NSCC-eligible members and Depository Trust Company member banks can use the ACATS system. This is the system in which processes Automated Customer Account Transfers (ACAT). Visit UFX bank


    do you know what the "head and shoulders pattern" is?

    Category: glossary by Gauge T. From United States

    a "head and shoulders pattern " is A technical analysis term used to describe a chart formation in which a stock's price: 1. Rises to a peak and subsequently declines. 2. Then, the price rises above the former peak and again declines. 3. And finally, rises again, but not to the second peak, and declines once more. The first and third peaks are shoulders, and the second peak forms the head. The "head-and-shoulders" pattern is believed to be one of the most reliable trend-reversal patterns.

    Are you familiar with an online forex platform that has friendly to install interface that you can recommend for me?

    Category: technical by J. J. From West Bromwich, United Kingdom

    If you seek an online forex platform that's got the friendliest installation download, you must clearly try "UFX bank" - the download and installation of the platform's program is easy. The communication is flowing, and it's no trouble to follow the instructions and start playing.

    please define the "liquidity"

    Category: glossary by P. Q. From United Kingdom

    a "liquidity " is 1. The degree to which an asset or security can be bought or sold in the market without affecting the asset's price. Liquidity is characterized by a high level of trading activity. 2. The ability to convert an asset to cash quickly. Also known as "marketability". 1. It is safer to invest in liquid assets than illiquid ones because it is easier for an investor to get his/her money out of the investment. 2. Examples of assets that are easily converted into cash include blue chip and money market securities.


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    please define a "gann angles"
    Created by W.D. Gann, a method of predicting price movements through the relation of geometric angles in charts depicting time and price. The ideal balance between time and price exists when prices move identically to time, which occurs when the Gann angle is at 45 degrees. In total, there are nine different Gann angles that are important for identifying trend lines and market actions. When one of these trend lines is broken, the following angle will provide support or resistance. Visit Interbank FX

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