When an investor or portfolio manager increases (or decreases) holdings in a particular industry. This strategy is used because many investors feel it is easier to predict what an entire industry will do, rather than individual stocks.
General collateral repurchase agreements executed on a blind broker basis through the Government Securities Clearing Corporation. |||This method of trading allows dealers and agents to trade government issued fixed-income securities on a term and rate basis, rather than waiting for settlement on a trade by trade basis. For participating institutions, this allows for faster transaction times and greater trading mobility.
个人电子汇款是指以城市综合业务网络为依托,以资金汇划系统为纽带,通过个人汇款清算部转发转收汇划信息,将客户活期储蓄账户(包括储蓄卡账户,下同)上的存款或交付的资金汇往异地收款人指定活期储蓄账户或支取现金的一种汇款方式。 个人电子汇款有四种汇款方式,即:现金到现金,现金到账户,账户到现金,账户到账户。本书着重介绍账户到账户的汇款方式。
什么是职业观 职业观指的是人们对某一特定职业的根本看法和态度,也是社会对从事某种专业工作人员的较为恒定的角色认定,海外有学者译作“专业理念”或“专业意理”。 职业观由三个要素构成:维持生活、完善个性、服务社会,三者的地位和比例不同,构成不同的职业观,包括职业地位观、职业待遇观、职业苦乐观等。 职业观的作用 职业观是在长期的职业实践中逐步形成的,有其产生和发展的规律,它一经形成,又反过来影响甚至指导具体的职业工作和职业行为。特别是当一种职业观内化为从业人员价值体系的一部分时,往往表现出很强的自主性,据一些西方学者的研究,有时候这种自主性可能达到与职业组织力量相抗衡的程度(Tuchman,1978)。 1、职业观是择业者选择职业的指导思想。社会生活中职业化程度越高、职业地位越巩固的职业,人们对其从业者的角色认定也越明确。如医护人员被称为“白衣天使”,邮递员被认作“绿衣使者”,教师被视为“园丁”、“红烛”等。 2、职业观是人生理想在职业问题上的反映,是人生观的重要组成部分;正确的人生观决定正确的职业观。劳动力市场上,每个择业者都是自觉不自觉地以一种就业观指导自己选择职业。 如对为什么要选择职业、选择什么职业、什么是好职业、个人适合从事什么职业劳动等等的不同看法。正是由于在这些问题上的看法不同,也就产生了不同的择业方向、不同的职业行为。有人择业方向正确,有人进入误区;有人在职业劳动中成绩卓著,有人毫无作为,甚至屡次在择业竞争中失败。由此可见,职业观对就业者有非常重要的意义。
An option traded on a regulated exchange where the terms of each option are standardized by the exchange. The contract is standardized so that underlying asset, quantity, expiration date and strike price are known in advance. Over-the-counter options are not traded on exchanges and allow for the customization of the terms of the option contract.Exchange-traded options are also known as "listed options". The benefits to exchange-traded options are the liquidity of the options, standardized contracts, quick access to prices and the use of clearing houses by exchanges. The use of clearing houses guarantees the option contract will be fulfilled, while with over-the-counter options the ability to exercise the contract is dependent on the ability of the other party to meet the obligation.
什么是货币结算 货币结算是在商品经济条件下,各经济单位间由于商品交易、劳务供应和资金调拨等经济活动而引起的货币收付行为。结算按支付方式的不同分为现金结算、票据转让和转账结算,简称结算。 目录 1货币结算的原则 2货币结算的种类 货币结算的原则 1、 恪守信用,履约付款; 2、 谁的钱进谁的帐,由谁支配; 3、 银行不垫款。 货币结算的种类 结算可以从不同的角度进行不同的分类。 结算按照其是否使用现金,可以分为现金结算和转帐结算。现金结算是指利用现钞进行的货币收付行为,转帐结算是不使用现钞,而是通过银行或非银行金融机构将款项由付款人帐户转到收款人帐户的货币收付行为。 结算按其是否通过银行来办理,分为银行结算和非银行结算。所谓银行结算是指通过银行来办理的结算业务,它包括通过银行办理的现金结算和通过银行办理的转帐结算;非银行结算是指不通过银行来办理的结算,包括现金结算和通过非银行金融机构办理的转帐结算。 结算按照收款人和付款人是否在同一城镇或同一规定区域,分为同城结算和异地结算。同城结算是指处于同一城镇或同一地区的收款人和付款人之间的货币收付行为;异地结算是指处于不同城镇或不同地区的收款人和付款人之间的货币收付行为。
An investment fund that selects securities based on quantitative analysis. In a quant fund, the managers build computer-based models to determine whether an investment is attractive. In a pure "quant shop" the final decision to buy or sell is made by the model; however, there is a middle ground where the fund manager will use human judgment in addition to a quantitative model. If computers can beat world champion chess players, shouldn't they be able to beat the traders on Wall Street? That's the thinking behind quant funds, whose name comes from the term "quantitative analysis". The advantage is that computers aren't swayed by emotion, and they obviously react much faster than a person ever could. The problem is that humans have to program those computers, and even computers can make mistakes when they are programmed incorrectly. Remember the saying "garbage in, garbage out". To take advantage of the power of computers, you still have to figure out a superior investment strategy. The term "quantitative fund" also doesn't tell you anything about the actual investment strategy being used. Any study of a company or an industry based on quantitative data can be considered a quant strategy.
The theft of trade secrets by the removal, copying or recording of confidential or valuable information in a company for use by a competitor. Industrial espionage is conducted for commercial purposes rather than national security purposes (espionage), and should be differentiated from competitive intelligence, which is the legal gathering of information by examining corporate publications, websites, patent filings and the like, to determine a corporation's activities. Industrial espionage describes covert activities, such as the theft of trade secrets, bribery, blackmail and technological surveillance. Industrial espionage is most commonly associated with technology-heavy industries, particularly the computer and auto sectors, in which a significant amount of money is spent on research and development (R&D).