on 2023/07/21 by alex1, []

With regard to the financial market, hosted for the first time in October 2009 by the German Federal Financial Supervisory Authority and attended by around 200 experts, an event on consumer protection regulations in the area of financial services. – See Consumer Advisory Council, Consumer Complaints. – Cf. BaFin’s 2009 Annual Report, p. 243 (a […]

on 2023/07/21 by alex1, []

In the context of options contracts, the position after the delivery of goods or legally transferred futures contracts, before a credit entry has been made by the counterparty or an offsetting close-out has been effected by a futures contract. Covering a short position is also referred to as short covering. – See Dedicated Short Bias, […]

on 2023/07/21 by alex1, []

In the case of financial products with income and/or expenses in future periods – such as an insurance contract – this refers to the determination of the present value (discounted value). – Contractually agreed cash flows are generally discounted to the point of valuation as expected values, taking into account a suitable risk premium. – […]

on 2023/07/21 by alex1, []

Unless otherwise defined, the purposeful exploration of opportunities to earn money (looking for a way to earn money). Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

on 2023/07/21 by alex1, []

In general, any type of transaction aimed at avoiding a possible trading loss altogether or at keeping it within manageable limits. – In the case of options, the taking of a short position in the futures market for the purpose of hedging a long position in the cash market. – See replacement sale, hedging. Attention: […]

on 2023/07/21 by alex1, []

In financial language, generally an obligation to pay of a business entity to a third party (an obligation that legally binds an individual or company to settle a debt). – A liability is a present obligation of the enterprise arising from past actions, the settlement of which is expected to result in an outflow of […]

on 2023/07/21 by alex1, []

Memoranda of understanding between supervisory authorities that enable cross-border cooperation in the context of administrative assistance. Supervisors agree to comply with requests for notification in investigations of insider trading, market manipulation, or other violations under their national laws. – See Multilateral Memorandum of Understanding, Nominee, Twinning, Circumstances, Significant for Assessment. – See BaFin Annual Report […]

on 2023/07/21 by alex1, []

Agreements under private law with (initial) purchasers of shares or other marketable papers on the date up to which they may not be sold on the stock exchange, especially in the case of large blocks of shares. – The purpose of such a lock-up period is primarily to ensure that confidence in the company is […]

on 2023/07/21 by alex1, []

In general, the contractually agreed or legally stipulated expiration of a period. – The end of the term of a financial contract. – On the stock exchange, the date on which the option can no longer be exercised. If it has an intrinsic value, the option right must have been exercised by this date at […]

on 2023/07/21 by alex1, []

According to Article 1 No. 26 of Directive 2000/12/EC of the Parliament and of the Council of the European Community of 20 March 2000 relating to the taking up and pursuit of the business of credit institutions, a „close link“ is a situation in which two or more natural or legal persons are linked by: […]