Other Peoples Money OPM
Search Dictionary
Definition of 'Other Peoples Money OPM'
Other People's Money is often abbreviated to OPM.
This is exactly what it says, that is, you are using "other people's money" to trade with.
This could mean that you are a leveraged trader and putting down a small portion of the total monetary value of the trade that you are controlling.
It can also mean that you are a portfolio manager and the trades that you are making are with other people's money and not yours. In cases like this you will be paid a management fee which is a small percentage (usually between 0.2% and 5%) of the total assets under management.
This is exactly what it says, that is, you are using "other people's money" to trade with.
This could mean that you are a leveraged trader and putting down a small portion of the total monetary value of the trade that you are controlling.
It can also mean that you are a portfolio manager and the trades that you are making are with other people's money and not yours. In cases like this you will be paid a management fee which is a small percentage (usually between 0.2% and 5%) of the total assets under management.
Do you have a trading or investing definition for our dictionary? Click the Create Definition link to add your own definition. You will earn 150 bonus reputation points for each definition that is accepted.
Is this definition wrong? Let us know by posting to the forum and we will correct it.
Emini Day Trading /
Daily Notes /
Forecast /
Economic Events /
Search /
Terms and Conditions /
Disclaimer /
Books /
Online Books /
Site Map /
Contact /
Privacy Policy /
Links /
About /
Day Trading Forum /
Investment Calculators /
Pivot Point Calculator /
Market Profile Generator /
Fibonacci Calculator /
Mailing List /
Advertise Here /
Articles /
Financial Terms /
Brokers /
Software /
Holidays /
Stock Split Calendar /
Mortgage Calculator /
Donate
Copyright © 2004-2023, MyPivots. All rights reserved.
Copyright © 2004-2023, MyPivots. All rights reserved.