Secured Loans
The stickiness in making transactions; the total hassle including time, effort,
money, and tax effects of gathering information and making a transaction such
as buying a stock or borrowing money.
FRN
See: Floating Rate Note
Front ending
Used in the context of general equities. Trading a partial of relatively small size in
comparison to the remainder of the total order, at times without giving the
opposite side (the buyer/seller of this small partial) adequate disclosure of the
extent of the latter end of the total order, and thus disadvantaging this party when
this sizable latter end moves the stocks price against his initial buy or sell price of
the smaller, front end.
Front fee
The fee initially paid by the buyer upon entering a split-fee option contract.
Front running
Used in the context of general equities. Entering into option or futures contracts
with advance knowledge of a block transaction that will influence the price of the
underlying security to capitalize on the trade. This practice is forbidden by the
S.E.C. and should never be followed within any brokerage firm.
Fry a bigger fish
Used in the context of general equities. Work on a trade of larger size than that
which was just disclosed.
FSC
See: Foreign Sales Corporation
Full
Handle.
Full coupon bond
A bond with a coupon equal to the going market rate, thereby, the bond is selling
at par.
