Chapter 8: Institutions and Procedures in Secondary Markets A. Exchanges and Floor Markets The Securities and Exchange Act of 1934 defined an exchange to be: any organization, association, or group of persons, whether incorporated or unincorporated, which constitutes, maintains, or provides a market place or facilities for bringing together purchasers and sellers of securities or for otherwise performing with respect to securities the functions commonly performed by a stock exchange as that term
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influence outcomes like economic growth, inflation, exchange rates with other currencies and unemployment. Where currency is under a monopoly of issuance, or where there is a regulated system of issuing currency through banks which are tied to a central bank, the monetary authority has the ability to alter the money supply and thus influence the interest rate (to achieve policy goals). The beginning of monetary policy as such comes from the late 19th century, where it was used to maintain the gold
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Chapter: Government Plans Programme & Policies Topic: INDIA, G 20 AND THE WORLD (PART -1) Introduction Second World War was definitive in redistribution of the world power. Authority of United States of America was established and after a prolonged cold war with the other waning super power, USSR, the power slowly shifted towards the western democracies led by US. Japan was quick to recover too and through its technological innovations & business practices soon became a formidable force
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BITCOINS: A VIRTUAL CURRENCY Submitted to- Professor Dilip Thosar Submitted by- Chidansh Choudhary Rashi Taneja Rashmi Khinvasara Ridhima Agarwal Sahitya Kalidindi Tejal Bhandari Date of submission: 24th December
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Lesson 4 Call Money After reading this lesson, you will be conversant with: Participants and Purpose of Call Market Developments in Indian Call Market Role of Reserve Bank of India Call Markets in Other Countries Treasury Management: Theory and Practice Introduction The call money market is a part of the money market and refers to the overweight funds lent and borrowed, mostly by banks for daily liquidity management. Call/Notice money is an amount borrowed or lent for a very short period
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(Updated till May 24, 2007) SECURITIES AND EXCHANGE BOARD OF INDIA (DISCLOSURE AND INVESTOR PROTECTION) GUIDELINES, 2000 CONTENTS Page no. Chapter I Preliminary 4 Chapter II Eligibility Norms for Companies Issuing Securities 9 Chapter III Pricing by Companies Issuing Securities 22 Chapter IV Promoters’ Contribution and Lock-In Requirements 26 Part I Promoters’ Contribution 26 Part II Lock-In Requirements 31 Part III Other Requirements in Respect of Lock-In 34 Chapter V Pre-Issue Obligations 36
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term bankruptcy is therefore not a synonym for insolvency. Bankruptcy lawsuit sometimes happens to many companies, when they can not pay their overdue debt or can not re-structure their liabilities to at least two of their debitor. In Indonesia, there are many of bankruptcy lawsuits, and one of the interesting bankruptcy cases happened at PT. Cipta Televisi Indonesia that ussualy known as a company who owned the Indonesian Educational Television (TPI). Bankruptcy as a means of debt settlement certainly
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ros57395_ch01.qxd 12/21/04 2:45 PM Page 1 Part 1 The Global Financial System in Perspective Try to imagine living in a world in which there are no financial institutions, no financial markets, and no financial assets. In such a world, there would be no opportunity to borrow against future income in order to purchase a home or an automobile, or to finance an education. Nor would you be able to save some of your current income (and, thereby, accumulate wealth over time) to handle the future
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Chapter 3—International Financial Markets 1. Assume that a bank's bid rate on Swiss francs is $.45 and its ask rate is $.47. Its bid-ask percentage spread is: a.|about 4.44%.| b.|about 4.26%.| c.|about 4.03%.| d.|about 4.17%.| ANS: B SOLUTION:|Bid-ask percentage spread = ($.47 - $.45)/$.47 = 4.26%| PTS: 1 2. Assume that a bank's bid rate on Japanese yen is $.0041 and its ask rate is $.0043. Its bid-ask percentage spread is: a.|about 4.99%.| b.|about 4.88%.| c.|about 4.65%
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with respect to insurance-related crime and fraud and disseminate such information and data to Members, public officials and law enforcement officials consistent with applicable law; c. to act as an interfacing agency between insurance and other companies and the criminal justice system for the prompt investigation of insurance-related crime and fraud referred to the Corporation for investigation and to provide a deterrent to such activities; d. to conduct investigations of insurance-related crime
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