- 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.
Margin which offsets gains or losses stemming from open positions on the futures market as a result of the daily valuations, and which serves to maintain the initial margin. See also maintenance margin, margin account.
Industry:Banking
Equity sector incorporating shares of companies offering services in banking, insurance, or real estate. The respective MSCI Sector index acts as a benchmark for shares of companies belonging to this sector.
Industry:Banking
Travellers cheques issued by the Swiss Bankers Travellers Cheque Centre, which are accepted worldwide and are replaced within 24 hours if lost or stolen.
Industry:Banking
Feature of an option when the spot price of the underlying is below (in the case of a call) or above (in the case of a put) the strike price. See also at the money, in the money.
Industry:Banking
Abbr.: GNP. Measure of the economic performance of a national economy over a given period of time. See also gross domestic product.
Industry:Banking
Relatively common transaction in the US mortgage-backed securities market that is similar to a reverse repo transaction. A client sells a security for normal settlement (2-3 days) and agrees to repurchase similar securities for future settlement (typically one month). It is basically a financing of securities for the repurchaser.
Industry:Banking
Funds (shown in the balance sheet) which a bank or other company borrows from third parties (depositors, shareholders, bondholders, etc). Together with the retained earnings and surplus carried forward, they make up the liabilities. Opposite: equity.
Industry:Banking
In forward contracts, amount of cash or eligible securities required to be deposited by the buyer or seller at the clearing office via a broker or bank before engaging in margin transactions. See also variation margin.
Industry:Banking
Also: key rate, base rate (GB), prime rate (USA). The interest rate set by a central bank for central bank funds.
Industry:Banking
