Private banking is a series of personalized services and products offered to the high-net-worth clients of a retail bank or some other financial institution.

 

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Pooled funds is a term describing a portfolio of money from lots of individual investors that are pooled together for the purposes of investment.

 

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Pink sheets are listings for stocks that trade over-the-counter. These are the companies that are not listed on a major exchange like NYSE or Nasdaq.

 

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Payment for order flow is the payment a brokerage firm gets for directing orders to different parties for execution of a trade.

 

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