Notice of meeting
... validly taken into account, confirmations have to be received by BNP Paribas Securities Services on the eve of the meeting at the latest, i.e. on May 9, 2017 at 3 p.m. (CET). ...
... validly taken into account, confirmations have to be received by BNP Paribas Securities Services on the eve of the meeting at the latest, i.e. on May 9, 2017 at 3 p.m. (CET). ...
GLOBAL PAYMENTS INC
... hold when the incoming amount from the card networks precedes the funding obligation to the merchant. Settlement related cash balances are not restricted; however, these funds are generally paid out in satisfaction of settlement processing obligations the following day. Please see Note 2 - Settlemen ...
... hold when the incoming amount from the card networks precedes the funding obligation to the merchant. Settlement related cash balances are not restricted; however, these funds are generally paid out in satisfaction of settlement processing obligations the following day. Please see Note 2 - Settlemen ...
Philippine Bond Market Guide
... (ADB consultant), and Matthias Schmidt (ADB consultant), The ADB Team would also like to express our sincere gratitude to the Philippine Working Group (PWG). The PWG was composed of public and private sector representatives. The public sector was represented by the Department of Finance, Bangko Sent ...
... (ADB consultant), and Matthias Schmidt (ADB consultant), The ADB Team would also like to express our sincere gratitude to the Philippine Working Group (PWG). The PWG was composed of public and private sector representatives. The public sector was represented by the Department of Finance, Bangko Sent ...
Issues in assessing trade execution costs
... assessing the reasons for their systematic variation is important to individual investors, portfolio managers, those evaluating brokerage firm or financial market performance, and corporate managers considering where to list their shares. Interest in measuring trading costs appears to have increased i ...
... assessing the reasons for their systematic variation is important to individual investors, portfolio managers, those evaluating brokerage firm or financial market performance, and corporate managers considering where to list their shares. Interest in measuring trading costs appears to have increased i ...
What Causes Herding: Information Cascade or Search Cost ?
... more easily to be constructed during a longer period as it does not consider the volume of manager’s trading but uses only the number of managers buying and selling. The t-test for the LSV measure may also suffer from distributional problems when measuring window gets shorter and shorter, while the ...
... more easily to be constructed during a longer period as it does not consider the volume of manager’s trading but uses only the number of managers buying and selling. The t-test for the LSV measure may also suffer from distributional problems when measuring window gets shorter and shorter, while the ...
sample - Test Bank College
... 2. An investment is the current commitment of dollars over time to derive future payments to compensate the investor for the time funds are committed, the expected rate of inflation and the uncertainty of future payments. ANS: T ...
... 2. An investment is the current commitment of dollars over time to derive future payments to compensate the investor for the time funds are committed, the expected rate of inflation and the uncertainty of future payments. ANS: T ...
MICROSEMI STORAGE SOLUTIONS, INC. (f/k/a - corporate
... These Post-Effective Amendments (these “Post-Effective Amendments”), filed by Microsemi Storage Solutions, Inc. (f/k/a PMC-Sierra, Inc.), a Delaware corporation (the “Registrant”), to withdraw from registration any and all securities of the Registrant registered thereunder (the “Securities”) which h ...
... These Post-Effective Amendments (these “Post-Effective Amendments”), filed by Microsemi Storage Solutions, Inc. (f/k/a PMC-Sierra, Inc.), a Delaware corporation (the “Registrant”), to withdraw from registration any and all securities of the Registrant registered thereunder (the “Securities”) which h ...
An Empirical Test of the Validity of the Capital Asset Pricing Model
... the ZSE. The study uses time series regression and cross-sectional regression to test the relationship between expected return and risk. The study finds no evidence of a significant positive relation between beta risk and return. Instead, the risk premium is found to be negative but statistically in ...
... the ZSE. The study uses time series regression and cross-sectional regression to test the relationship between expected return and risk. The study finds no evidence of a significant positive relation between beta risk and return. Instead, the risk premium is found to be negative but statistically in ...
The Impact of Collateral
... a collaborative endeavour. Both sell-side and buyside firms work bilaterally with each other, and with central securities depositories (CSDs) to develop a fit for purpose cooperative processing model across the industry. Yet, at present, there is little visibility into the levels of preparation acro ...
... a collaborative endeavour. Both sell-side and buyside firms work bilaterally with each other, and with central securities depositories (CSDs) to develop a fit for purpose cooperative processing model across the industry. Yet, at present, there is little visibility into the levels of preparation acro ...
hussman strategic dividend value fund
... stocks fall out of favor with the market. The principal risks of the Fund are the risks generally associated with investing in stocks. General stock market movements will affect the Fund’s share price on a daily basis. Significant declines are possible both in the overall stock market and in the pri ...
... stocks fall out of favor with the market. The principal risks of the Fund are the risks generally associated with investing in stocks. General stock market movements will affect the Fund’s share price on a daily basis. Significant declines are possible both in the overall stock market and in the pri ...
Computershare Limited Securities Trading Policy
... who possess ‘inside information’, and to impose additional trading restrictions on certain key management personnel. In doing so, this Policy seeks to ensure that the directors, officers and employees of the Computershare group of companies do not trade in securities in breach of Australia’s insider ...
... who possess ‘inside information’, and to impose additional trading restrictions on certain key management personnel. In doing so, this Policy seeks to ensure that the directors, officers and employees of the Computershare group of companies do not trade in securities in breach of Australia’s insider ...
Vanguard Convertible Securities Fund Prospectus Investor Shares
... and principal payments on its nonconvertible debt before it can make payments on its convertible securities. If an issuer stops making interest or principal payments, these securities may become worthless and the Fund could lose its entire investment. Reflecting the universe of convertible securitie ...
... and principal payments on its nonconvertible debt before it can make payments on its convertible securities. If an issuer stops making interest or principal payments, these securities may become worthless and the Fund could lose its entire investment. Reflecting the universe of convertible securitie ...
An Overview of Wyoming Securities Law
... the law surrounding such transactions and what is and what is not a security."' 0 The court then noted, "Ignorance of the law is no excuse."'" Consequently, lawyers cannot use their ignorance of the securities laws as a defense. The securities laws, therefore, represent a trap for transactional lawy ...
... the law surrounding such transactions and what is and what is not a security."' 0 The court then noted, "Ignorance of the law is no excuse."'" Consequently, lawyers cannot use their ignorance of the securities laws as a defense. The securities laws, therefore, represent a trap for transactional lawy ...
word - Investor Relations Solutions
... Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). Yes No The aggregate market value of the voting and non-voting stock held by non-affiliates of the registrant, as of March 31, 2007, was approximately $74,499,000,000 based upon the closing pr ...
... Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). Yes No The aggregate market value of the voting and non-voting stock held by non-affiliates of the registrant, as of March 31, 2007, was approximately $74,499,000,000 based upon the closing pr ...
Panasonic acquired 57.01% of the outstanding shares in Zetes
... shares of Zetes, and Cobepa SA, holding 24.67% of the outstanding shares in Zetes, and certain other individual shareholders, including the management of Zetes, representing a total of 50.95% of outstanding shares in Zetes. ...
... shares of Zetes, and Cobepa SA, holding 24.67% of the outstanding shares in Zetes, and certain other individual shareholders, including the management of Zetes, representing a total of 50.95% of outstanding shares in Zetes. ...
The Effect of Corporate Governance on Stock Repurchases
... reputation for honesty, play a dominant role in board-level decision making in Swedish firms, such as in the decision to repurchase stock. The use of owner monitoring rather than performance-based pay to align managerial incentives with that of the (large) owners may also create a situation in which ...
... reputation for honesty, play a dominant role in board-level decision making in Swedish firms, such as in the decision to repurchase stock. The use of owner monitoring rather than performance-based pay to align managerial incentives with that of the (large) owners may also create a situation in which ...
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
... circumstance that, if true, is or was inconsistent with such representation, warranty, covenant, obligation, or other provision. “Business Day” means any day except Saturday, Sunday or any other day on which commercial banks located in New York are authorized or required by law to be closed for busi ...
... circumstance that, if true, is or was inconsistent with such representation, warranty, covenant, obligation, or other provision. “Business Day” means any day except Saturday, Sunday or any other day on which commercial banks located in New York are authorized or required by law to be closed for busi ...
Causes and Consequences of Margin Levels in Futures Markets
... realized variance slowly mean-reverts. Margin changes are of course endogenous as they are set by the clearing house primarily based on volatility, and I address this endogeneity problem throughout the paper. Traders in commodity futures often state that margin increases squeeze out speculators and ...
... realized variance slowly mean-reverts. Margin changes are of course endogenous as they are set by the clearing house primarily based on volatility, and I address this endogeneity problem throughout the paper. Traders in commodity futures often state that margin increases squeeze out speculators and ...
Margin regulation and volatility - ECB
... to assess the quantitative impact of margin regulation. In this economy, agents can default on a short position at any time without any utility penalties or loss of reputation. Financial securities are therefore only traded if the promised payments associated with selling these securities are backed ...
... to assess the quantitative impact of margin regulation. In this economy, agents can default on a short position at any time without any utility penalties or loss of reputation. Financial securities are therefore only traded if the promised payments associated with selling these securities are backed ...
PROSPECTUS SUN LIFE OF CANADA PROSPERITY DOLLAR
... corporations operating therein. The Company’s foreign investments may either be purchased directly or through one or more securities issued by diversified investment companies invested in such types of securities. The investments of the Company will be primarily in US Dollars, while it may, subject ...
... corporations operating therein. The Company’s foreign investments may either be purchased directly or through one or more securities issued by diversified investment companies invested in such types of securities. The investments of the Company will be primarily in US Dollars, while it may, subject ...
Short (finance)
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In finance, short selling (also known as shorting or going short) is the practice of selling securities or other financial instruments that are not currently owned, and subsequently repurchasing them (""covering""). In the event of an interim price decline, the short seller will profit, since the cost of (re)purchase will be less than the proceeds which were received upon the initial (short) sale. Conversely, the short position will be closed out at a loss in the event that the price of a shorted instrument should rise prior to repurchase. The potential loss on a short sale is theoretically unlimited in the event of an unlimited rise in the price of the instrument, however in practice the short seller will be required to post margin or collateral to cover losses, and any inability to do so on a timely basis would cause its broker or counterparty to liquidate the position. In the securities markets, the seller generally must borrow the securities in order to effect delivery in the short sale. In some cases, the short seller must pay a fee to borrow the securities and must additionally reimburse the lender for cash returns the lender would have received had the securities not been loaned out.Short selling is most commonly done with instruments traded in public securities, futures or currency markets, due to the liquidity and real-time price dissemination characteristic of such markets and because the instruments defined within each class are fungible.In practical terms, going short can be considered the opposite of the conventional practice of ""going long"", whereby an investor profits from an increase in the price of the asset. Mathematically, the return from a short position is equivalent to that of owning (being ""long"") a negative amount of the instrument. A short sale may be motivated by a variety of objectives. Speculators may sell short in the hope of realizing a profit on an instrument which appears to be overvalued, just as long investors or speculators hope to profit from a rise in the price of an instrument which appears undervalued. Traders or fund managers may hedge a long position or a portfolio through one or more short positions.