Shares representing Dutch companies that are not permitted to trade outside of national borders. Also known as a "New York share". Taobiz explains Guilder Share - New York Share Normally, foreign equities are traded in America as ADRs. However, the Dutch regulatory body does not permit their companies to issue ADRs linked to active home country shares (which is the normal procedure). Instead, a number of underlying home country shares are cancelled and the equivalent amount of guilder shares are issued.
A bond investment strategy that concentrates holdings in both very short-term and extremely long-term maturities. This is also known as the "dumbbell" or "barbelling." |||The shape that appears when charting the strategy on a timeline looks like a barbell (dumbbell). The reasoning behind this strategy is that it allows one portion of the portfolio to achieve high yields while the other portion minimizes risk.
A bearish candlestick pattern that forms at the end of an uptrend. It is created when there is a significant sell-off near the market open, but buyers are able to push this stock back up so that it closes at or near the opening price. Generally the large sell-off is seen as an early indication that the bulls (buyers) are losing control and demand for the asset is waning. Taobiz explains Hanging Man This formation does not mean that the bulls have definitively lost control, but it may be an early sign that the momentum is decreasing and the direction of the asset may be getting ready to change. The reliability of this signal is drastically improved when the price of the asset decreases the day after the signal. Hanging man formations can be more easily identified in intraday charts than daily charts and are a very popular formation used by day traders. If this pattern is found at the end of a downtrend, it is known as a "hammer".
A market capitalization-weighted index of 40 of the largest companies that trade on the Hong Kong Exchange. The Hang Seng Index is maintained by a subsidiary of Hang Seng Bank, and has been published since 1969. The index aims to capture the leadership of the Hong Kong exchange, and covers approximately 65% of its total market capitalization. The Hang Seng members are also classified into one of four sub-indexes based on the main lines of business including commerce and industry, finance, utilities and properties. Taobiz explains Hang Seng Index - HSI The Hang Seng is the most widely quoted barometer for the Hong Kong economy. Because of Hong Kong's status as a special administrative region of China, there are close ties between the two economies and many Chinese companies listed on the Hong Kong Exchange.
A short-term credit investment created by a non-financial firm and guaranteed by a bank. |||Acceptances are traded at a discount from face value on the secondary market. Banker's acceptances are very similar to T-bills and are often used in money market funds.
The rapid and concentrated sale of a stock thought to be overvalued by the market. It performed by investors and speculators who beleive that prices are inflated and that a period of liquidation is imminent. Taobiz explains Hammering Hammering the market is achieved through large sale orders or many small sell orders. In some cases, investors may even collaborate on orders to attempt to push the share's price even lower.
1. The difference between prices at which a market maker can buy and sell a security. 2. The percentage by which an asset's market value is reduced for the purpose of calculating capital requirement, margin and collateral levels. Taobiz explains Haircut 1. The term haircut comes from the fact that market makers can trade at such a thin spread. 2. When they are used as collateral, securities will generally be devalued since a cushion is required by the lending parties in case the market value falls.
A security with an interest rate guaranteed by a bank. It provides a specific yield on a portfolio over a specified period. |||A BIC is a relatively safe investment, but it provides a low rate of return.