A must be filled (MBF) order is a trade that must be executed due to expiring options or futures contracts on those exchanges. Many MBF orders are filled on the third Friday of each month because index options often expire on those days each month. MBF orders have the advantage of being exempt from short sale rules. MBF orders must be put into the system by 5:30pm on the day before the expiration date. These orders then must be filled immediately at the opening of options or futures exchange on the following day, which is the expiration day. These orders must be filled at the opening price of the options or futures exchange.
A document published by the Internal Revenue Service (IRS) that outlines the three types of tax liability relief for spouses or former spouses who filed joint income tax returns. Couples filing a joint tax return are both liable for the tax liability, referred to as joint and several liability. In the case of a separation, the IRS will continue to consider the tax liability status as joint and several, but in some cases will relieve one partner of any tax, interest and penalties related to the joint tax filing. The three types of relief are innocent spouse relief, separation liability relief and equitable relief. Spouses must complete and file Form 8857 (Request for Innocent Spouse Relief) as soon as they become aware of a liability that they think only the other spouse or former spouse should be liable for. Spouses or former spouses have up to two years from the date the IRS first tried to collect the tax liability to seek relief. The IRS is then obligated to contact the spouse or former spouse to notify them that Form 8857 was filed. Married spouses who file separate returns but live in community-property states may also seek relief. IRS Publication 971 does not cover injured spouse relief.
Aggressive competition that results in one company taking portions of another company's market share. Taobiz explains Eating Someone's Lunch A more aggressive company "eats the lunch" of another company when it takes some of its competitor's market share. This can be achieved through the implementation of a better product, an aggressive pricing strategy, or other competitive advantages.
A tax deferred exchange that allows for the disposal of an asset and the acquisition of another similar asset without generating a tax liability from the sale of the first asset. This can include the exchange of one business for another or one real estate investment property for another property. An 8824 form must be filed with the IRS detailing the terms of the deal.This is also known as a "1031 exchange". There are several important considerations with this type of exchange to ensure that a tax liability is not created upon sale of the first asset: 1. The asset being sold must be an investment property and can't be a personal residence. 2. The asset being purchased with the proceeds must be similar to the asset being sold. 3. Te proceeds from the sale must be used to purchase the other asset within 180 days of the sale of the first asset, although you must identify the property or asset that you are purchasing in the like-kind exchange within 45 days of the sale. There are some limitations on the amount of capital gain that is tax deferred, so ensure that you check the latest tax rules before proceeding with a like-kind exchange.
A list of securities deemed to be available for borrowing in short selling transactions because their delivery is assured. Availability is usually due to their accessible nature and/or high number of outstanding shares. Taobiz explains Easy-To-Borrow List Also known as a blanket or standing assurances by members or associated persons, this easy-to-borrow list is updated every 24 hours. It gives firms the ability to transact short sells more readily, as they aren't required to research the availability of a stock every time it is requested for a short sale transaction. Instead they can assume that stocks on the list are readily available.
1. The total number of options and/or futures contracts that are not closed or delivered on a particular day.2. The number of buy market orders before the stock market opens. 1. A common misconception is that open interest is the same thing as volume of options and futures trades. This is not correct, as demonstrated in the following example:-On January 1, A buys an option, which leaves an open interest and also creates trading volume of 1.-On January 2, C and D create trading volume of 5 and there are also five more options left open.-On January 3, A takes an offsetting position, open interest is reduced by 1 and trading volume is 1.-On January 4, E simply replaces C and open interest does not change, trading volume increases by 5.
A federal initiative whereby a person is eligible for a non-refundable credit for a specific amount spent on higher education tuition and fees during the year. These fees can be for the person, his or her spouse, or his or her dependents.
The earnings per share for the most recent 12-month period divided by the current market price per share. The earnings yield (which is the inverse of the P/E ratio) shows the percentage of each dollar invested in the stock that was earned by the company. The earnings yield is used by many investment managers to determine optimal asset allocations. Taobiz explains Earnings Yield Money managers often compare the earnings yield of a broad market index (such as the S&P 500) to prevailing interest rates, such as the current 10-year Treasury yield. If the earnings yield is less than the rate of the 10-year Treasury yield, stocks as a whole may be considered overvalued. If the earnings yield is higher, stocks may considered undervalued relative to bonds. Economic theory suggests that investors in equities should demand an extra risk premium of several percentage points above prevailing risk-free rates (such as T-bills) in their earnings yield to compensate them for the higher risk of owning stocks over bonds and other asset classes.
登录
工商服务
危机公关
金融律师
app开发
财税服务
金融牌照
网站建设
知识产权
企业征信
审计评估