- Industry: Financial services
- Number of terms: 25840
- Number of blossaries: 0
- Company Profile:
UBS AG, a financial services firm, provides wealth management, asset management, and investment banking services to private, corporate, and institutional clients worldwide.
Currency employed for balances and liabilities on the Euromarket. Examples of eurocurrencies are: Eurodollar, euro, euro-GBP, euro-CHF.
Industry:Banking
Abbr.: SIS. Company formed from the merger of SEGA (Swiss Securities Clearing Corporation) and Intersettle (Swiss Corporation for International Securities Settlements). SIS's tasks include the settlement and safe custody of Swiss and foreign securities.
Industry:Banking
(1) General exchange of assets or payment obligations.
(2) Also: asset-based swap. Interest rate swap in which the fixed rate payer holds a bond whose cash flow (interest rate, interest payment dates, denomination) is reflected in the swap terms.
Industry:Banking
Also: market value. The price at which a security (share or bond, etc.) is traded on the stock exchange. The market price changes independently of the par value, if any, of the security in response to supply and demand.
Industry:Banking
Also: stock yield. Ratio showing the yield on an equity investment calculated by dividing the dividend by the current share price and which enables a comparison to be made with other returns obtainable in the capital markets.
Industry:Banking
Total liquid funds not required to finance operations or for capital expenditure on replacement. These free funds are available for distribution to shareholders, for new investment or for the repayment of debt capital.
Industry:Banking
Person to whom the title to and rights of an order instrument are transferred by virtue of an endorsement.
Industry:Banking
Also regular trading. The third session of stock market trading, during which new orders are continually matched to existing ones in the order book according to the matching rules, and orders that cannot be executed are entered in the order book.
Industry:Banking
The act or mode of giving authority or legal authenticity to a statute, record, or other written document.
Industry:Banking
The endorser of an instrument bearing a «not to order» clause is liable to the direct endorsee only and not to persons who (despite said clause) obtain it through subsequent endorsement.
Industry:Banking
