Bond Broker Stock
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Stock broker - A stock broker is a person that performs transactions in financial instruments on a stock market as an agent of his or her clients who are unable, unwilling, or lack the expertise to trade for themselves. Titles associated with this role include financial planner, financial consultant, financial advisor, Investment advisor (or investment adviser), and portfolio manager, which normally includes further training at the brokerage or firm level.
Convertible bond - A convertible bond is type of bond that can be converted into shares of stock in the issuing company, usually at some pre-announced ratio. A convertible bond will typically have a lower coupon rate for which the holder is compensated for by the value of the holder's ability to convert the bond into shares of stock.
Order (exchange) - An order in a market such as a stock market, bond market or commodities market is an instruction from a customer to a broker to buy or sell on the exchange.
Churning (stock trade) - Churning is the practice of executing trades for an investment account by a salesman or broker in order to generate commissions from the account. It is a breach of securities law in many jurisdictions, and it is generally actionable by the account holder for the return of the commissions paid, and any losses occasioned by the broker's choice of stocks.
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