Examlex
The job-seeker in the case study made which mistake during his interview?
Short 300 Shares
A trading strategy where an investor borrows 300 shares from a broker and sells them on the open market, planning to buy them back later at a lower price.
Initial Margin
The minimum amount of equity required to open a new position in a margin account, set by the broker.
Common Stock
A type of security that represents ownership in a corporation, giving shareholders voting rights and potential dividends.
Bid-Ask Spread
The difference between the highest price that a buyer is willing to pay (bid) for an asset and the lowest price that a seller is willing to accept (ask).
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