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| Active Portfolio Strategy |
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| A strategy that uses available information and forecasting techniques to seek better performance than a buy and hold portfolio. |
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| Alternative Investment Market |
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| A market for smaller, younger companies, who are not listed on the London Stock Exchange. |
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| Analyst |
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| An individual in a brokerage firm, bank trust department, or mutual fund group who researches corporations, industry groups and the market to make buy and sell recommendations on specific securities. A majority of analysts specialize in a particular industry. However, some analyse corporations that interest them, regardless of its industry group. Also called Financial Analyst or securities analyst. |
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| Analytics |
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| Computer systems that assist the dealer in evaluating risks and prices. |
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| Annual Percentage Rate |
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| The periodic rate times the number of periods in a year. For example, a 5% quarterly return has an A.P.R. of 20%. |
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