A bond future is a contractual obligation for the contract holder to purchase or sell a bond on a specified date at a predetermined price. A bond future can be bought in a futures exchange market and the prices and dates are determined at the time the future is purchased. Bond contracts are standardized, and are overseen by a regulatory agency that ensures a certain level of equality and consistency. However, this form of derivative can be risky because it involves trading at a future date with only current information. The risk is potentially unlimited, for either the buyer or seller of the bond because the price of the underlying bond may change drastically between the exercise date and the initial agreement.
The currency abbreviation or currency symbol for the Hong Kong dollar (HKD), the currency for Hong Kong. The Hong Kong dollar is made up of 100 cents and if often presented with the symbol $ or HK$. Three Chinese note-issuing banks are authorized to issue Hong Kong dollars, subject to conditions laid out by the Hong Kong government. Banknotes then run through a government exchange fund which holds the U.S. dollars in reserves and records all transactions in the general accounts of the two currencies. |||The Hong Kong dollar was first seen as a distinct currency in 1863. Before then, various foreign currencies had been used, and continued to be used even after its inception. The HK dollar was outlawed by the Japanese puppet government in 1943 and reinstated in 1945 after the war. Hong Kong is now in sole control of the printing and administration of its currency.
A major global provider of 24-hour financial news and information including real-time and historic price data, financials data, trading news and analyst coverage, as well as general news and sports. Its services, which span their own platform, television, radio and magazines, offer professionals analytic tools. One of its key revenue earners and what they are well known for is the Bloomberg Terminal - an integrated platform that streams together price data, financials, news, trading data, and much more to more than 250,000 customers worldwide.
A large amount of the same security bought or sold by institutional or other large investors. There is no official size designation constituting a block of securities, but a commonly used threshold is more than 10,000 equity shares or more than $200,000 of debt securities. Blocks of securities are traded in what are called "block trades" and serve to facilitate trades involving institutional investors or other large investors who require such bulk trades to meet their needs.
Originally one of the oldest stock exchanges in Germany, BER was founded in 1685. The Berlin Stock exchange merged with Borse Bremen in 2003, and the new version is called the Borse Berlin-Bremen. The exchange eventually adopted Equiduct Trading, which allows it to trade more foreign stocks and expand its product offerings. The BER lists over 6,000 U.S. companies, which has created a fair amount of controversy within the exchange. This controversy was further fueled by the fact that over a thousand of these companies were listed without anyone's permission.
The currency abbreviation or currency symbol for the Irish pound (IEP), the currency of Ireland until 2002. The Irish pound was made up of 100 pennies ("pingin" in Irish) and was often represented by the symbol £ or IR£ to set it apart from other currencies based in pounds.Also known as the punt Éireannach in Irish. |||The first Irish pound was established in 1938, when the Irish Constitution changed the states name. The value of the pound remained the same as the pounds that proceeded it. No changes were made until February of 1971, when the currency was decimalized along with the British pound (GBP). The Irish pound was replaced by the euro in January of 1999, but the pound was still accepted as legal tender until February of 2002.
The valuation at which the property should exchange at the date of origin, and the beginning of each period. The beginning market value at the start of every period is equal to the ending market value of the previous period. The market value is based on what both the buyer and seller (effectively, the market), deem the true value of the property to be. Market value is similar to market price given that the market remains efficient and the players are rational.
Financial industry jargon for "basis point." The term came into popular usage as an easier way of referring to the basis points' "BPS" acronym. It is sometimes also pronounced "bips". A basis point is 1/100 of a percentage point in the context of interest rates and bond yields. For example, an interest rate increase of 0.25 percentage point by the Federal Reserve would be generally referred to as an increase of 25 basis points, and by financial industry insiders as an increase of 25 beeps.