摘要: An automated book-entry accounting system. CNS centralizes the settlement of compared transactions and maintains an efficient flow of security and money balances.
During the CNS process,[阅读全文:]
摘要: The short term interest rate charged on a secured call loan, usually in margin accounts.
Also known as the broker's call.
The call loan rate can change on a daily basis, an[阅读全文:]
摘要: Money loaned by a bank that must be repaid on demand. Unlike a term loan, which has a set maturity and payment schedule, call money does not have to follow a fixed schedule. Brokerages use call money [阅读全文:]
摘要: An order given by an investor instructing his/her broker to cancel a previously placed order.
CFO's are typically followed by new orders placed on the same securities. For example, if y[阅读全文:]
摘要: A combination of a long position in an asset such as a stock or commodity, and a short position in the underlying futures. This arbitrage strategy seeks to exploit pricing inefficiencies for the same [阅读全文:]
摘要: A member of an exchange that acts as a liaison between an investor and a clearing corporation. A clearing broker helps to ensure that the trade is settled appropriately and the transaction is successf[阅读全文:]
摘要: The primary market for trading metals such as gold, silver, copper and aluminum. Formerly known as the Commodity Exchange Inc., the COMEX merged with the New York Mercantile exchange in 1994 and becam[阅读全文:]
摘要: The commodity-product spread is the difference between the price of a raw material commodity and price of a finished product created from that commodity. A common commodity-product spread is the "cra[阅读全文:]
摘要: The interest rate relative to which margin loans are quoted. Also known as the call loan rate.
This rate is published daily in The Wall Street Journal and Investor's Busine[阅读全文:]
摘要: Located in Buenos Aires, this exchange functions as the primary exchange in Argentina. Its key index is the MERVAL. Other indices include the Burcap, Bolsa General and MAR.
The Buenos Ai[阅读全文:]