- Industria: 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.
Revised version of the Global Investment Performance Standards (GIPS) which introduces a number of important changes to the existing guidelines and also contains new provisions. The Gold GIPS are expected to come into force in 2006.
Industry:Banking
Lots are drawn to determine which bonds are to be redeemed according to the redemption schedule.
Industry:Banking
Also: bullish market, rising market. Market where prices are rising. See also rally. Opposite: bear market.
Industry:Banking
Bank deposit from clients or other banks fixed for a term of 90 days. See also time deposit.
Industry:Banking
Organization with substantial (mostly continuous) investment needs which trade large volumes of securities, e.g. insurance companies, pension funds, investment funds, etc.
Industry:Banking
Zero bond convertible into equities on maturity.
Industry:Banking
Also: option contract. Agreement reached with a contractual partner that confers the right to buy (call option) or sell (put option) a predetermined quantity of a good or security at a predetermined price on (European option) or by (American option) a predetermined date. Options are traded on futures or options exchanges. See also futures market, options exchange, option trading.
Industry:Banking
(USA) Term used for securities not registered with the Securities and Exchange Commission which therefore have limited transferability.
Industry:Banking
A conditional sell order to be executed immediately once a given price level is reached. If the trigger limit is reached, the order is converted into a market order and executed at the next best price.
Industry:Banking
Transfer of assets to secure payment of an obligation, but generally without transfer of title or ownership, on the basis of a pledge agreement. In the event of default, the creditor can realize the pledged assets and satisfy his claims from the proceeds (execution). In the banking business, pledging securities is the most common credit collateralizing transaction, especially in the case of current account credits and loans. See also Lombard loan, collateral loan.
Industry:Banking
