A situation in futures trading where the future delivery price is greater than the cash or nearby.

The yield on a security before the deduction of tax. Yield is a measure of the return on an.

The process of moving payments between accounts from different banks or.

The major regulatory bank in a country, usually government controlled.

(CAES)An NASD inter-dealer automated execution system for listed 19c-3 securities. CAES is the NASD link.

A business owned and operated by its.

Unjustified overtrading by a stockbroker or fund manager.

A term used in life assurance where under certain conditions, life assurance premium relief.

The simultaneous purchase of a stock, the purchase of a put, and the sale of a call, creating a.

A banking term which refers to the branch which accepts cheques to be credited to its customers'.

The annual dividend income per share received from a company divided by its current share price..

(CPI) An index which tracks the prices of a variety of goods purchased by an average consumer. The goods.

The legal transfer of real property (i.e. land and buildings) from one owner to another..

The purchase of shares in an open end mutual fund directly from the fund company rather than through.

The highest closing price for a specific security over the last 52.

In the US a company can file for protection under Chapter 11 of the country's bankruptcy laws. The.

The sale of an option, by a holder, identical to the option which is held. This transaction.

The yield on a security purchased at a price below its face.

A term used in wills which refers to the personal possessions of the maker of the will. Such items.

A bank jointly owned by a number of other banks. An increasingly unfashionable way for small banks.