Sentence examples for fund orders from inspiring English sources
They gather fund orders from individuals and retirement plan participants, matching the buy and sell orders, sorting them into large accounts and then submitting them to the appropriate fund family at the end of each business day.
After listening for almost an hour to his guest's discussion of the difficulties involved in keeping fund prices fresh and fund orders honest, Prof. Marco Avellaneda threw up his hands.
Still, building a system that can enhance the information the clearing agency collects about fund orders as they move through its network will not be easy, cheap or quick.
They are the ones who gather mutual fund orders from individual customers and retirement plan participants, match "buy" and "sell" orders, sort them into large "omnibus accounts" and then send the net orders to the appropriate mutual fund family at the end of each business day.
The S.E.C. contended that Schwab had allowed some customers to change mutual fund orders after the 4 p.m. stock-market close, a violation of securities rules, creating the risk that such customers could unfairly capitalize on late-breaking news at the expense of other investors; it did not find the existence of an actual scheme to exploit the system in that way.
But when a fund orders up 50,000 shares, it does.
Latin America still winces at the painful humiliation of the World Bank and International Monetary Fund ordering austerity measures in the 1980s and 90s.
A mutual fund order from an employee in a 401(k) plan, for example, can travel from the plan sponsor to some recordkeeper and administrator hired by the plan's trustee.
But when Ireland received its recent bailout, the International Monetary Fund ordered another 10 billion euros pumped into banks immediately, in part to hedge against a possible rise in mortgage defaults.
Citigroup also fired a broker who worked with wealthy individuals for "improperly canceling mutual-fund orders between 4 and 4 15 p.m," according to an internal memorandum distributed yesterday.
It is costed and funded, ordered and itemised, and will electrify anyone who is aroused by the high wild cry of accountancy.
