do you know what "same-day substitution" is?
Category: glossary by Y. Adams from Belgium
An offsetting change in a margin account, made over the trading day, that results in no overall change in the value of the account. When a same-day substitution is made, a margin call is not generated. A same-day substitution happens when a rise in the market value of one margin security is offset by an equal decline in another.
Would you give me a tip for a site that has many featured currencies?
Category: money by L. S. From Irvine, United States
We recommend you to visit "FX Universal". Their forex site is great, it fulfills the option want. If you like trading JPY/NZD, EUR/AUD or USD/KRW (and and any other option from an endless variety of currencies), your money is accepted in this forex site.
please define a "gramm-leach-bliley act of 1999"
Category: glossary by Asia Z. From Roubaix, France
"gramm-leach-bliley act of 1999" is A regulation that Congress passed on November 12, 1999, which attempts to update and modernize the financial industry. The main function of the Act was to repeal the Glass-Steagall Act that said banks and other financial institutions were not allowed to offer financial services, like investments and insurance-related services, as part of normal operations. The act is also known as Gramm-Leach-Bliley Financial Services Modernization Act. Due to the horrific losses incurred as a result of 1929's Black Tuesday and Thursday, the Glass-Steagall act was created originally during the 1930s in order to prevent bank depositors from additional exposure to risk associated with stock market volatilities. As a result, for many years, banks were not legally allowed to act as brokers. Since many regulations have been instituted since the 1930s to protect bank depositors, GLBA was created to allow the financial industry to offer more services.
what is a "negative butterfly"?
Category: glossary by T. Townsend from Mannheim, Germany
A non-parallel yield curve shift in which long- and short-term yields decrease by a greater degree than intermediate rates. This yield curve shift effectively humps the curve, adding to the curvature of the yield curve. For example, a negative butterfly shift can happen when short- and long term-rates decrease by 75 basis points (0.75%), while intermediate rates only decrease by 50 basis points (0.50%). This is the reverse of a positive butterfly, in which short- and long-term rates increase more than intermediate rates.
please define the "earnings estimate"
Category: glossary by Z. Bentley from United States
An analyst's estimate for a company's future quarterly or annual earnings. Analysts use forecasting models, management guidance, and fundamental information on the company in order to derive an estimate.
do you know what an "owner financing" is?
Category: glossary by Z. Estes from Dublin, Ireland
When a property buyer finances the purchase directly through the person or entity selling it. This often occurs when the prospective buyer cannot obtain funding through a conventional mortgage lender, or is unwilling to pay the prevailing market interest rates. The seller may agree to owner financing if he or she is having difficulty selling the property. Owner financing may only cover part of the purchase price, with a smaller bank loan making up the difference. Also known as "creative financing" or "seller financing". Owner financing is common in a buyer's market. In order to protect his or her own interests, the seller may require a higher down payment than a mortgage lender would. Down payments of 20% or more are not uncommon in owner financing. The deed to the property is usually not transferred to the buyer until all of the payments have been made, but because no institutional lenders are involved, the overall terms of financing are much more negotiable, and can be set up to provide benefits to both the seller and the buyer. The buyer saves on points and closing costs, while the seller can obtain monthly cash flows that provide a better return than fixed-income investments.
Which site has got progressive technology?
Category: platform by G. A. From Laredo, United States
If you're interested in a forex site that has a modern software, you should really register to "AVA FX". Their graphics are real soothing and the fx trade platform is equipped with the newest developments in an online trading environment. This forex site is one of the leading examples of how a forex site should look. Plus, downloading and installing the program is simple - the communication is flowing - it doesn't break off ever while you're downloading, and it is no trouble to get into.
any fx web trading site that has nice customer service that you can advice me of?
Category: general by M. Murphy from Dublin, Ireland
If you want a fx web trading site that has a suitable customer service people, you should definitely try "GCI". "GCI"'s support people are amazing, they are very accommodating, and also extremely proficient.
please define the "unsubscribed"
Category: glossary by P. Little from Dublin, Ireland
"unsubscribed " is Newly issued securities that have not seen much interest, or subscriptions, from investors ahead of the issue date or have not been offered by brokerages. If you wanted to own the newly issued shares, you'd only be able to purchase them as you would any other stock - through the secondary markets. Essentially, you can view a subscription to a public offering as an order to purchase the shares from your brokerage firm once they are issued. If you are not subscribed to a given public issue, you will not be buying any shares through the public offering. The investment bank handling a public offering tries to determine which offering price will result in an optimal number of subscriptions for the issue. Too high an offering price is likely to result in the shares being unsubscribed.
Would you suggest an online forex platform that's known for its soothing technology?
Category: platform by X. Stanton from Toronto, Canada
We think "AVA FX" is the right place for you. The graphics are real clean and the fx trade platform is an absolutely sophisticated one. This place has become one of the leading examples of how a forex site should look. Plus, downloading the site's program is very much fine - the communication is flowing - you never break off in the middle of downloading, and it is easy to understand.