- 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.
A line chart that shows the individual yields at a certain point in time for fixed income securities with the same features but different maturities. Securities with longer maturities tend to have a higher yield. If short-term securities offer higher yields than long-term ones, then the yield curve is said to be inverted.
Industry:Banking
Margin which offsets gains or losses stemming from open positions on the futures market as a result of the daily valuations, and which serves to maintain the initial margin. See also maintenance margin, margin account.
Industry:Banking
Equity sector incorporating shares of companies offering services in banking, insurance, or real estate. The respective MSCI Sector index acts as a benchmark for shares of companies belonging to this sector.
Industry:Banking
Travellers cheques issued by the Swiss Bankers Travellers Cheque Centre, which are accepted worldwide and are replaced within 24 hours if lost or stolen.
Industry:Banking
Feature of an option when the spot price of the underlying is below (in the case of a call) or above (in the case of a put) the strike price. See also at the money, in the money.
Industry:Banking
Abbr.: GNP. Measure of the economic performance of a national economy over a given period of time. See also gross domestic product.
Industry:Banking
Relatively common transaction in the US mortgage-backed securities market that is similar to a reverse repo transaction. A client sells a security for normal settlement (2-3 days) and agrees to repurchase similar securities for future settlement (typically one month). It is basically a financing of securities for the repurchaser.
Industry:Banking
Funds (shown in the balance sheet) which a bank or other company borrows from third parties (depositors, shareholders, bondholders, etc). Together with the retained earnings and surplus carried forward, they make up the liabilities. Opposite: equity.
Industry:Banking
In forward contracts, amount of cash or eligible securities required to be deposited by the buyer or seller at the clearing office via a broker or bank before engaging in margin transactions. See also variation margin.
Industry:Banking
Also: key rate, base rate (GB), prime rate (USA). The interest rate set by a central bank for central bank funds.
Industry:Banking
