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Federal Reserve
The central bank of the United States, responsible for monetary policy, regulation of banks, and ensuring the stability of the financial system.
Margin Requirement
This is the minimum amount of equity that must be maintained in a margin account, as per the broker's or exchange's requirements, to cover the prospect of losing value in trades.
Underwriter's Explicit Fees
The specific charges paid to underwriters for their role in issuing and selling new securities in the market.
NYSE Specialists
Professionals on the New York Stock Exchange floor who are responsible for managing the trading and auction of particular stocks, ensuring fair and orderly markets.
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