Brokerage account

A brokerage account is an account with a registered broker that records the securities you own while a custodian holds the actual shares. It is the route where you own the share. The other route is a contract on its price, where you hold a position, not a share.

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  • CustodianA custodian is the institution that holds securities or assets for a broker's clients, kept apart from the broker's…
  • Fractional sharesFractional shares let you own part of one share, say 0.1 of a $500 stock, through a broker that holds whole shares and…
  • Trading haltA trading halt freezes a US stock on every exchange at once. A news halt lets everyone read an announcement before…
  • Closing auction (official close)The closing auction is the single matched trade at 1:30 AM IST, 2:30 AM in winter, that sets each US stock's official…
  • Overnight session (24-hour stock trading)The overnight session is US stock trading through the American night, which is the Indian working day, on a handful of…
  • Perpetual futuresPerpetual futures are contracts that track an asset's price with no expiry date. Expiry is what pulls a normal future…

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