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index of defined terms
index of defined terms

... Any person (an "Investor") intending to acquire or acquiring any Securities from an Authorised Offeror will do so, and offers and sales of Securities to an Investor by the relevant Authorised Offeror will be made, in accordance with any terms and other arrangements in place between such Authorised O ...
World Financial Markets, 1900-1925
World Financial Markets, 1900-1925

... There was almost no post-war growth in listings with the major exception of New York, which was beginning to take over financial leadership from London. Nevertheless, there were still more than four times as many listed securities in London as in New York as late as 1925. Somewhat surprisingly, desp ...
Chapter 10
Chapter 10

... This implies that many insiders had private information from which they derived aboveaverage returns on their company stock ...
Liquidity risk and positive feedback
Liquidity risk and positive feedback

... on his) to illustrate the distinction between exchange traded and OTC options. The open interest in exchange traded options is publicly known which implies that demands for dynamic hedging are known as well. This generates the right incentives to engage in liquidity provision. By contrast, if an opt ...
Borrowed securities - Bank for International Settlements
Borrowed securities - Bank for International Settlements

... and re-lent. For example, if all borrowed securities are in a segregated account, it is likely that none of them will be reported, unless the reporter makes a special effort to report lent securities. Certainly, brokers that have a business line engaged in borrowing securities from some clients and ...
Checklist ANNEX XXII Disclosure requirements in summaries
Checklist ANNEX XXII Disclosure requirements in summaries

... significant changes to the issuer’s financial position since the last audited financial information. ...
Document
Document

...  Interest expense, not cash interest paid, is the significant factor. This becomes relevant if the bonds have been issued at a discount or premium.  Interest is tax deductible. Thus, net income increases only by the after-tax amount of the interest expense. For example, assume that interest expens ...
19. Investments 3: Securities Market Basics
19. Investments 3: Securities Market Basics

... The largest stock exchange in the United States is the NYSE. This stock exchange is more than 200 years old, and it is still limited to 1,366 seats (the number of individuals/institutions who can trade), which is the same number of seats it has had since 1953. NYSE includes over 3,000 listed compani ...
Should Tender Offer Arbitrage Be Regulated
Should Tender Offer Arbitrage Be Regulated

... HARV. J.LEGIS. 431, 432-33 (1968). This increase in tender offers gave rise to passage of the Williams Act, but that Act in no way dampened the incidence of tender offers. On the contrary, such offers have occurred with increasing frequency in the 1970s. See, e.g., Ehrbar, supra note 14, at 83 (refe ...
Sample Glossary of Investment-Related Terms for
Sample Glossary of Investment-Related Terms for

... Interest/Interest Rate: The fee charged by a lender to a borrower, usually expressed as an annual percentage of the principal. For example, someone investing in bonds will receive interest payments from the bond’s issuer. Interest Rate Risk: The possibility that a bond’s or bond fund’s market value ...
PRECISION CASTPARTS CORP (Form: S-3
PRECISION CASTPARTS CORP (Form: S-3

... The Company's goal is to generate profitable growth and to enhance shareholder value from continued investment in its aerospace and other existing businesses and through the acquisition of new businesses. PCC targets acquisitions that (i) complement the Company's core competencies in metals, precisi ...
Essentials of Corporate Finance
Essentials of Corporate Finance

... • In large firms, shareholders are not involved in the day-to-day operations. Managers are employed as agents of the shareholders to make decisions on their behalf. • The treasurer and controller share financial functions of the firm and they report to the top financial manager within the firm who i ...
The Greek Letters
The Greek Letters

... Whether portfolio insurance trading strategies (formal or informal) affect volatility depends on how easily the market can absorb the trades that are generated by portfolio insurance. If portfolio insurance trades are a very small fraction of all trades, there is likely to be no effect. As portfolio ...
Markets and Securities Services
Markets and Securities Services

... you. Citi is not acting as your advisor or agent ...
Document - Oman College of Management & Technology
Document - Oman College of Management & Technology

... The objective of constructing a portfolio and revising it periodically is to earn maximum returns with minimum risk. Portfolio evaluation is the process which is concerned with assessing the performance of the portfolio over a selected period of time in term of return and risk. This involves quantit ...
Guru Stock Report - The Globe and Mail
Guru Stock Report - The Globe and Mail

... Analysis system. "B" rated stocks pass the fundamental tests of at least one of our guru strategies, although they do not pass the top performing strategies required to receive an "A" grade. Stocks that receive this grade typically have mostly favorable fundamental attributes, although there are typ ...
Long-Term Investment Policy - American Speech
Long-Term Investment Policy - American Speech

... modifications or exceptions (temporary or otherwise) in writing to the FPB when they deem it appropriate. Only the FPB may approve such requests. 11. The FPB will report to the Board at least annually on the status of the Fund. ...
Rethinking Glass-Steagall
Rethinking Glass-Steagall

... system_ The Act also included provbions that substantially separated commercial banking from investment banking, the benelits of which have proved dubious_ These divorce provisions today arc commonly refeircd to as the Glass-Stcagail Act. Structural dcfect!; ill the banking system and abusl::s in th ...
Fidelity Convertible Securities Investment Trust
Fidelity Convertible Securities Investment Trust

... Forward-looking statements are not guarantees of future performance, and actual events and results could differ materially from those expressed or implied in any forward-looking statements made by the Fund. Any number of important factors could contribute to these digressions, including, but not lim ...
The Value Line Investment Survey – Investor 600 Product Guide
The Value Line Investment Survey – Investor 600 Product Guide

... Click DASHBOARD, the first word on the left side of the long bar at the top of the home page of the website. Next click on Investment Survey 600 in the TRADITIONAL ONLINE ACCESS box at the lower right side of the screen. Under the title The Value Line 600 above the brown bars you’ll see the words Su ...
Is it Overreaction? The Long-Horizon Performance of Value and
Is it Overreaction? The Long-Horizon Performance of Value and

... Ofek-Richardson (2001WP): Valuation of Internet stocks implied – Average expected earnings growth of about 3,000% in ten years, assuming that they already achieved ‘old economy’ profit margins – Zero percent cost of capital for ten years ...
Commodities Outlook LME Asia seminar: Copper, zinc and lead
Commodities Outlook LME Asia seminar: Copper, zinc and lead

... analysis, quantitative analysis, and trade ideas. Recommendations contained in one type of research product may differ from recommendations contained in other types of research, whether as a result of differing time horizons, methodologies, or otherwise. Before making an investment decision on the b ...
SSF - oneam
SSF - oneam

... financial markets 3) strengthens Thai Baht against trade partners and competitors, and rising real interest rates. Export is expected to increase by 3.5%, while private consumption and investment is expected to go up by 2.9% and 6.0% respectively. We expect inflation to be between 0.0% to 1.0% and a ...
Chapter 9 - The University of Texas at Dallas
Chapter 9 - The University of Texas at Dallas

... Speculators may like to roll the dice, banking everything on one or the other. But I believe investors are better off taking the wimp's option and choosing "all of the above." Here's why holding both stocks and bonds can greatly improve your portfolio: ...
Chapter 10 Some Lessons from Capital Market History Chapter
Chapter 10 Some Lessons from Capital Market History Chapter

... • Empirical evidence indicates that markets are NOT strong form efficient, and that insiders can earn abnormal returns (may be ...
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Securities fraud

Securities fraud, also known as stock fraud and investment fraud, is a deceptive practice in the stock or commodities markets that induces investors to make purchase or sale decisions on the basis of false information, frequently resulting in losses, in violation of securities laws. Offers of risky investment opportunities to unsophisticated investors who are unable to evaluate risk adequately and cannot afford loss of capital is a central problem.Securities fraud can also include outright theft from investors (embezzlement by stockbrokers), stock manipulation, misstatements on a public company's financial reports, and lying to corporate auditors. The term encompasses a wide range of other actions, including insider trading, front running and other illegal acts on the trading floor of a stock or commodity exchange.
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