Description of financial instruments and investment risks
... REPO trading is the credit transaction, under which a person borrows money, sells or uses as collateral his securities for a person who lends money. The securities are repurchased on an agreed date. The interest paid for given credit is equal to the difference between the prices of selling and repur ...
... REPO trading is the credit transaction, under which a person borrows money, sells or uses as collateral his securities for a person who lends money. The securities are repurchased on an agreed date. The interest paid for given credit is equal to the difference between the prices of selling and repur ...
Chapter 2
... • Inefficient stock market: A market in which stock prices do not reflect all public information that is available to investors. • Stock selections by an investor may beat the market. Copyright © 2009 Pearson Education Canada ...
... • Inefficient stock market: A market in which stock prices do not reflect all public information that is available to investors. • Stock selections by an investor may beat the market. Copyright © 2009 Pearson Education Canada ...
E-Margin is a leveraged trading facility. Positions
... do not have to pay the full order value for E-margin orders. For example: If you would like to buy 100 shares of INFOSYS @ Rs.1500 on T day and applicable E-margin % for the scrip is 20%, you just need to pay Rs. 30000. This margin can either be in the form of cash or as collateral i.e. by marking s ...
... do not have to pay the full order value for E-margin orders. For example: If you would like to buy 100 shares of INFOSYS @ Rs.1500 on T day and applicable E-margin % for the scrip is 20%, you just need to pay Rs. 30000. This margin can either be in the form of cash or as collateral i.e. by marking s ...
CHARACTERISTICS OF DERIVATIVES
... • The cumulative change in the forward value of a contract is measured as the difference between the original forward value and the remaining forward value. • The net present value of the change in forward value consists of two components: – the change in the spot rates over time and – the change in ...
... • The cumulative change in the forward value of a contract is measured as the difference between the original forward value and the remaining forward value. • The net present value of the change in forward value consists of two components: – the change in the spot rates over time and – the change in ...
The Dual-Listing Law:
... Companies that have traded on the Nasdaq, the New York Stock Exchange, the American Stock Exchange, or the London Stock Exchange’s Main Market (Primary Listing) for at least a year since their IPOs are eligible to dual-list. Also eligible are companies that have traded for less than a year but maint ...
... Companies that have traded on the Nasdaq, the New York Stock Exchange, the American Stock Exchange, or the London Stock Exchange’s Main Market (Primary Listing) for at least a year since their IPOs are eligible to dual-list. Also eligible are companies that have traded for less than a year but maint ...
RISK DISCLOSURE STATEMENT FOR INVESTMENTS
... conditions. Strategies using combinations of positions, such as spread and straddle positions, may be as risky as taking simple long or short positions. 11. The normal pricing relationships between a derivative and the underlying assets may not exist in certain circumstances. For example, this can o ...
... conditions. Strategies using combinations of positions, such as spread and straddle positions, may be as risky as taking simple long or short positions. 11. The normal pricing relationships between a derivative and the underlying assets may not exist in certain circumstances. For example, this can o ...
Price Volatility, Trading Activity and Market Depth
... The purpose of this work extends previous research and further examines the relationships between price volatility, trading activity and market depth in TAIFEX and SGX-DT Taiwan Stock Index Futures markets using two different methodologies for testing the robustness of our results. This paper provid ...
... The purpose of this work extends previous research and further examines the relationships between price volatility, trading activity and market depth in TAIFEX and SGX-DT Taiwan Stock Index Futures markets using two different methodologies for testing the robustness of our results. This paper provid ...
CMC-Q1-2016-New Complaints Management Framework
... Complaints relating to transactions spanning up to 7 years or beyond may require more time to enable firms respond to allegations. Complaints that include criminal elements which are referred to the Exchange, these complaints are not likely to be concluded within 20 working days. Appeals against dir ...
... Complaints relating to transactions spanning up to 7 years or beyond may require more time to enable firms respond to allegations. Complaints that include criminal elements which are referred to the Exchange, these complaints are not likely to be concluded within 20 working days. Appeals against dir ...
IB Group Comment Letter to SEC Urging Market Data Distribution
... broker. Using readily available technology from firms such as Interactive Brokers, ordinary retail customers can display up to twenty or thirty securities of interest on their personal computer screens and execute trades with a simple mouse click. Unfortunately, the benefits of this increased access ...
... broker. Using readily available technology from firms such as Interactive Brokers, ordinary retail customers can display up to twenty or thirty securities of interest on their personal computer screens and execute trades with a simple mouse click. Unfortunately, the benefits of this increased access ...
The Stock Market Crash of 1929
... 1. "Circuit Breakers" In response, the New York Stock Exchange (NYSE) restricted some forms of program trading. The NYSE and the Chicago Mercantile Exchange also instituted a "circuit breaker" mechanism by which trading would be halted on both exchanges for one hour if the Dow Jones average fell mo ...
... 1. "Circuit Breakers" In response, the New York Stock Exchange (NYSE) restricted some forms of program trading. The NYSE and the Chicago Mercantile Exchange also instituted a "circuit breaker" mechanism by which trading would be halted on both exchanges for one hour if the Dow Jones average fell mo ...
Professor Banko`s Presentation
... offsetting (no risk to system). Remaining short is covered by short position (net no risk). ...
... offsetting (no risk to system). Remaining short is covered by short position (net no risk). ...
Competition and Regulation in Trading Arenas
... anonymous market in which a market maker posts a bid for one share, a price at which it is willing to buy, and an offer for one share, a price at which it is willing to sell. The market maker acts competitively and thus sets the bid and offer at levels such that its expected profit is zero. Except f ...
... anonymous market in which a market maker posts a bid for one share, a price at which it is willing to buy, and an offer for one share, a price at which it is willing to sell. The market maker acts competitively and thus sets the bid and offer at levels such that its expected profit is zero. Except f ...
Specific parameters for the Liquidity Provider Raiffeisen Centrobank
... Minimum volume corresponding to the firm bid-ask quote applies to every limit order in the firm offer, respectively 500 instruments for the buy order and 500 instruments for the sell order. Note2: The responsibility of the Liquidity Provider to provide the minimum volume correspondent to the ask quo ...
... Minimum volume corresponding to the firm bid-ask quote applies to every limit order in the firm offer, respectively 500 instruments for the buy order and 500 instruments for the sell order. Note2: The responsibility of the Liquidity Provider to provide the minimum volume correspondent to the ask quo ...
Decrease in demand does not lead to currency depreciation Result
... • Decrease in demand results in overvalued dollar, causing a surplus on world market • Supply of foreign currency available for trade is insufficient • Central bank’s foreign reserves are depleted • Eventually, government must take some action ...
... • Decrease in demand results in overvalued dollar, causing a surplus on world market • Supply of foreign currency available for trade is insufficient • Central bank’s foreign reserves are depleted • Eventually, government must take some action ...
list of eu regulated markets - Agencija za trg vrednostnih papirjev
... European Union. The present list has been compiled pursuant to this requirement. The attached list indicates the title of the individual markets which are recognised by national competent authorities as complying with the definition of ‘regulated market’. In addition, it indicates the entity respons ...
... European Union. The present list has been compiled pursuant to this requirement. The attached list indicates the title of the individual markets which are recognised by national competent authorities as complying with the definition of ‘regulated market’. In addition, it indicates the entity respons ...
Amendments to the Operational Trading Procedures for
... If there is any change to the corporate action events announced by the company after the underlying stock has traded ex-all entitlements, the Exchange, in consultation with SEOCH and where applicable the Commission, will determine on a case by case basis any necessary further action. ...
... If there is any change to the corporate action events announced by the company after the underlying stock has traded ex-all entitlements, the Exchange, in consultation with SEOCH and where applicable the Commission, will determine on a case by case basis any necessary further action. ...
CCT-eu: a new type of nominal floating rate bonds, indexed to
... can consider other maturities based on the preferences expressed by the market. ...
... can consider other maturities based on the preferences expressed by the market. ...
The Intelligent Hedge Fund
... Barbosa, R., & Belo, O. (2008). Autonomous Forex Trading Agents. Advances in Data Mining: Medical Applications, ECommerce, Marketing, and Theoretical Aspects, Springer Berlin / Heidelberg, pp. 389-403. Barbosa, R., & Belo, O. (2008). Algorithmic Trading Using Intelligent Agents. Proceedings of t ...
... Barbosa, R., & Belo, O. (2008). Autonomous Forex Trading Agents. Advances in Data Mining: Medical Applications, ECommerce, Marketing, and Theoretical Aspects, Springer Berlin / Heidelberg, pp. 389-403. Barbosa, R., & Belo, O. (2008). Algorithmic Trading Using Intelligent Agents. Proceedings of t ...
Methodology of the Volatility Index Calculation
... price of a futures contract, which is an underlying asset for nearby/next options series (hereinafter referred to as the “underlying futures contract”). ...
... price of a futures contract, which is an underlying asset for nearby/next options series (hereinafter referred to as the “underlying futures contract”). ...
ch.11
... financial asset a stock or other document that represents a claim on the income and property of the borrower, such as a CD, bond, Treasury bill, or mortgage ...
... financial asset a stock or other document that represents a claim on the income and property of the borrower, such as a CD, bond, Treasury bill, or mortgage ...
Performance Measurement
... • Objective (P&L, minimize transactions cost, timing, …) ©Schwartz, Sipress, Weber ...
... • Objective (P&L, minimize transactions cost, timing, …) ©Schwartz, Sipress, Weber ...
PDF
... The Department of Rural Economy provides the opportunity for academic staff members to present unrefereed general information, preliminary results, and points of view in printed form for the use of interested readers. While the Department supports and administers these projects, the ideas and opinio ...
... The Department of Rural Economy provides the opportunity for academic staff members to present unrefereed general information, preliminary results, and points of view in printed form for the use of interested readers. While the Department supports and administers these projects, the ideas and opinio ...
08 Managing Financial Risk
... In the medium-to-long run, the changes in exchange rates, through their impact on prices will also affect demand. If the dollar appreciates against the rupee, US imports into India will become more expensive. As a result, the demand will decrease. The quantum of decrease would depend on the price el ...
... In the medium-to-long run, the changes in exchange rates, through their impact on prices will also affect demand. If the dollar appreciates against the rupee, US imports into India will become more expensive. As a result, the demand will decrease. The quantum of decrease would depend on the price el ...