on 2023/07/21 by alex1, []

A specially designed (simulation) system of calculations in the course of algorithm trading to simplify global securities trading, established by the Swiss bank Credit Suisse. It is designed to think and behave like – a professional broker – with the aim of minimizing risks for the client, – but improving performance. – See Centre of […]

on 2023/07/21 by alex1, []

In the futures market, the bundling of contracts by one trader or several traders with the aim of – reducing the number of reportable positions (subject to disclosure requirements) and/or – limiting the risk of the transactions (the policy under which all futures positions owned or controlled by one trader or a group of traders […]

on 2023/07/21 by alex1, []

The change in the price of a bond bought at a discount between the original price and the par value of the bond. – In relation to a company, also said of the increase in value after a new acquisition or sale of parts of the company (in an environment, the actual value created after […]

on 2023/07/21 by alex1, []

The issuer of such a security reserves the right to redeem the issue by delivering shares under precisely defined conditions. – In contrast to the usual fixed-interest bearing securities, reverse convertible bonds have a higher nominal interest rate. This is because, while investors in fixed-interest securities receive 100 percent of their invested capital back at […]

on 2023/07/21 by alex1, []

In simplified form, the difference between the expected share price and the risk-free interest rate, in effect the interest rate on first-class government bonds, i.e. securities issued by countries that are able and willing to repay the loans they have taken out. The higher CETERIS PARIBUS the equity risk premium, the more favorable are the […]

on 2023/07/21 by alex1, []

Cash shortfall, deficit. – Shortfall in revenue: the inflow of money below the forecast (the EX-ANTE financial plan); said in this sense especially in public budgets in relation to the budget. – Shortage in weight: shortage in the weight of a coin. – See decline, wear, defects, defect, depeculation, doublé coin, cat money, coin paradox. […]

on 2023/07/21 by alex1, []

The acquisition and sale of securities, money market instruments or derivatives in the name of a third party for the account of a third party. – In Germany, such service providers are subject to supervision by the Federal Financial Supervisory Authority; see § 32 KWG. – See agent, tied, fee-based advisor, nominee, placement. Attention: The […]

on 2023/07/21 by alex1, []

Unless otherwise defined, in the financial market, a bank’s written commitment to participate in an engagement. – See bought deal, co-investment, underwriting, fundrasing, multisourcing, roadshow. 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, […]

on 2023/07/21 by alex1, []

An attempt to use the tax system to replicate the effect of a deterioration in the exchange rate in those countries suffering from persistent current account deficits due to the common currency in a currency area. Essentially, this can be achieved by – raising import taxes and – lowering duties on export goods. However, such […]

on 2023/07/21 by alex1, []

A security whose purchase price is determined by discounting the nominal amount to be repaid at a later date to the time of purchase. Only at the end of the term is the interest (and compound interest) paid out together with the redemption. – See annuity bond, compounding bond, commercial paper, federal financing treasury, zero-coupon […]