- 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.
Option with a fixed exchange rate between two currencies at the beginning of the maturity. When the option is exercised, the premium is paid out in the foreign currency. Quantos exist solely as a component of another option. They allow investors to speculate in underlyings denominated in a foreign currency and eliminate the foreign currency risk that would otherwise exist.
Industry:Banking
Abbr.: SDR. Payment medium and reserve assets issued by the International Monetary Fund (IMF) to its member nations. An SDR does not have the character of an actual currency unit but is primarily a neutral unit of account and book currency. The value of the SDR is fixed officially each day on the basis of the exchange rates on the London spot currency market.
Industry:Banking
Borrowing in order to bridge temporary liquidity shortages at month-end. This kind of financing furnished by the Swiss National Bank to commercial banks helps to avoid extreme interest-rate fluctuations.
Industry:Banking
The person who transfers title or interest to a third party. See also assignment.
Industry:Banking
List prepared periodically by a bank which contains a selection of the securities recommended for investment.
Industry:Banking
Sample copy of a share certificate to be introduced. It lacks certain details such as the serial numbers and/or signature.
Industry:Banking
(1) Also: custody account. Total of all securities and valuables deposited with a bank. See also sealed safekeeping account, open safekeeping account, numbered safekeeping account.
(2) Also: securities safekeeping account. Custody account for the safekeeping and administration of securities.
Industry:Banking
Also: structured finance. A field of corporate finance, financial engineering refers to the application of various mathematical, statistical and computational techniques to solve practical problems in finance. Such problems include the valuation of derivatives instruments such as options, futures and swaps, the trading of securities, risk management and regulation of financial markets. In a broader sense the term generally means qualified financial consulting services (e.g. solving capital and asset management problems, selecting financing strategies and instruments, drawing up financial and cash plans, assessing and evaluating investment projects).
Industry:Banking
UK synonym for leverage. Indicates how much more an options investment can earn than an equity investment with the same initial capital outlay. The higher the gearing, the more volatile the option.
Industry:Banking
Applying to several banks at once for newly issued shares or bonds in strong demand in the hope of securing a sizeable allotment. A stag is a speculator engaging in this practice.
Industry:Banking
