- Industry: Financial services
- Number of terms: 73910
- Number of blossaries: 1
- Company Profile:
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A firm's cash balance as reported in its financial statements. Also called book cash.
Industry:Financial services
Fifth letter of a Nasdaq stock symbol specifying that it is the third preferred bond of the company.
Industry:Financial services
Expression that the interest rate differential between two countries is equal to the difference between the forward foreign exchange rate and the spot rate.
Industry:Financial services
A prolonged trend in stock market prices, such as a multiple-period bull market; or, an option that is one side of a spread transaction. See: Lifting a leg.
Industry:Financial services
Diagonal line on a graph that characterises interest rate parity.
Industry:Financial services
Used in the context of general equities. (1)Have a portion of the offsetting side of a trade in your pocket (spoken for) so your capital risk in the transaction is reduced. (Purchase of 10,000 of a 50,000 buy order leaves the trader a "leg up".) (2) Complete one side of a two-sided transaction, as in a swap or contingency order.
Industry:Financial services
The chance that a security's value will change due to a change in interest rates. For example, a bond's price drops as interest rates rise. For a depository institution, also called funding risk: The risk that spread income will suffer because of a change in interest rates.
Industry:Financial services
A computerised database maintained by the NYSE to keep track of enforcement actions, audits, and complaints against member firms. This term is not an acronym but is referred to in capitals.
Industry:Financial services
A binding agreement between counterparties to exchange periodic interest payments on some predetermined dollar principal, which is called the notional principal amount. For example, one party will pay fixed and receive variable.
Industry:Financial services
A legal proceeding for liquidating or reorganising a business.
Industry:Financial services
