A broker’s ability to display a price does not guarantee that sufficient liquidity exists to execute every order at that level. Behind the trading platform, banks, market makers and other counterparties may supply quotations that the broker uses for pricing or hedging. When one of those firms withdraws, the consequences Continue Reading

A joint trading account can look like a convenient way to pool capital, but the word “joint” does not explain who can place orders, withdraw money, or settle a disagreement. Those powers depend on the account agreement and the law governing the relationship, not merely on the names appearing on Continue Reading