- Industria: Financial services
- Number of terms: 73910
- Number of blossaries: 1
- Company Profile:
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Refers to PSA Uniform Practices such as cutoff times on delivery of securities and notification, allocation, and proper endorsement.
Industry:Financial services
An economic technique used to account for inflation by comparing the current-dollar gross domestic product GDP to constant-dollar GDP as a ratio. The ratio accounts for price changes of goods and services that make up GDP and changes in the composite of GDP.
Industry:Financial services
An assumption of Markowitz portfolio construction that investors have the same expectations with respect to the inputs that are used to derive efficient portfolios: asset returns, variances, and covariances.
Industry:Financial services
Used in the context of commodities. Refers to the initial margin account deposit needed when buying or selling a futures contract; approximately 2%-10% of the contract value. Used in the context of securities to describe the deposit required by securities firms engaged in transactions on behalf of a new client. Also used to refer to the deposit with a municipal bond issuer by firms competing for the underwriting business.
Industry:Financial services
Established in 1976, the Hong Kong Futures Exchange (H.K.F.E.) operates futures and options markets in index, stock, interest rate, and foreign exchange products.
Industry:Financial services
Federal funds that clear on the same day, unlike clearinghouse funds, which require three days to clear.
Industry:Financial services
Mortgage in which annual increases in monthly payments are used to reduce outstanding principal and to shorten the term of the loan.
Industry:Financial services
An analysis of returns using total return to assess performance over some investment horizon.
Industry:Financial services
An order to buy or sell securities that continues to be a valid order until the end of the current month.
Industry:Financial services