- 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.
Abbreviation: GIPS. Recommendations issued by the Association for Investment Management and Research (AIMR) aimed at ensuring globally uniform and modern performance reporting. The objectives are to ensure full disclosure and fair presentation of the performance of asset managers, and also to enable performance comparisons. See also Swiss Performance Presentation Standards.
Industry:Banking
Abbr.: SPPS. Recommendations issued by the Swiss Bankers Association aimed at ensuring uniform and modern performance reporting. The objectives are to ensure full disclosure and fair presentation of the performance of asset managers, and also to enable performance comparisons. See also Global Investment Performance Standards (GIPS), Gold GIPS.
Industry:Banking
Limit setting the next paid price which will trigger a buy or sell order being sent to the exchange. A buy order is triggered if the last price paid on the exchange is equal to or higher than the trigger limit. A sell order is triggered if the last price paid on the exchange is equal to or less than the trigger limit.
Industry:Banking
Negative change in ratings for a security. An example is an analyst's downgrading of a stock such as from "buy" to "sell".
Industry:Banking
An investment fund which invests in a number of other funds with a variety of investment strategies. See also umbrella fund.
Industry:Banking
Transaction designed to secure a pecuniary advantage by improperly exploiting an information lead. According to Penal Code Article 161, insider transactions are punishable offences under Swiss law. Any insider obtaining a pecuniary advantage for himself or a third party by exploiting confidential information relevant to the price of a stock shall be liable to punishment. It is also a punishable offence for persons (even if they are non-insiders) to receive and make use of insider information.
Industry:Banking
A stipulation when placing an order to buy below or sell above a certain limit fixed by the customer. Opposite: at best.
Industry:Banking
Provision in a company's articles of association whereby it shall be bound by the obligation to make a public offer if it acquires more than 49% of the voting rights of a listed company. See also public offer.
Industry:Banking
A Swiss Treasury note issued by the federal government and Treasury bills issued by the cantons and communities. They can run for up to four years. Generally employed by public authorities to raise funds temporarily. Used in part also to achieve cyclical or capital market objectives, e.g. when the state sells sterilisation rescriptions to the banks in order to mop up liquidity. Such rescriptions can sometimes be sold by the bank to the Swiss National Bank for short terms under repurchase agreements or discounted like other rescriptions during their remaining life of three months.
Industry:Banking
