currency which is caused by the demand for foreign currency exceeding its supply in the market. In such a situation one has to pay more than before to get units of foreign currency. This fall takes place in the market and on its own. Market determined exchange rate serves the purpose of aligning the domestic economy with the world economy was the price route. As consequences the domestic price gets linked up with those of the world price. With the liberalizations and globalization of the economy in recent
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Extra Credit 2 Jeff Chisholm 1 – Securities Exchange Commission (source: BYP4-5 of Kimmel textbook) What we do Answer the following questions: a. What event spurred the creation of the SEC? Why was the SEC created? The SEC was created due to the stock market crash of 1929 which led to the great depression. The SEC was created to protect investors in security exchanges such as the stock market. It is responsible for oversight of both private investment and corporate investment dealings
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Derivative Market – A Case Study on NSE A Report Submitted as per the curriculum of the Master in Business Administration Under Biju Patnaik University of Technology, Rourkela, Orissa. By L Rama kumari Roll No.: 200960712 Regd. No.: 0906202013 [pic] March 2011 Under the Guidance of Mr. Shom Prasad Das NATIONAL INSTITUTE OF SCIENCE & TECHNOLOGY Palur Hills, Berhampur- 761008, Orissa, India DECLARATION I, L rama kumari, student of 2009-11 batch of NIST, Berhampur do
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http://www.investopedia.com/categories/banking.asp#axzz1mS9JXfsX 1. What is a Repo Rate? A: Repo rate is the rate at which our banks borrow rupees from RBI. Whenever the banks have any shortage of funds they can borrow it from RBI. A reduction in the repo rate will help banks to get money at a cheaper rate. When the repo rate increases, borrowing from RBI becomes more expensive. 2. What is Reverse Repo Rate? A: This is exact opposite of Repo rate. Reverse Repo rate is the rate at which Reserve
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According to investopedia security is “a financial instrument that represents: an ownership position in a publicly-traded corporation (stock), a creditor relationship with governmental body or a corporation (bond), or rights to ownership as represented by an option. A security is a fungible, negotiable financial instrument that represents some type of financial value. The company or entity that issues the security is known as the issuer” (Definition of ‘Security’). Typically securities are divided
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further aspects of dark pools in particular, and consider regulation and global trends in market structure. Historical Perspective on Equity Markets The first modern equity market was established in the Netherlands in 1610 with the publically traded shares of the Dutch East India Company. Financial transactions had taken place since the dawn of civilization, but 1610 was a milestone towards the development of the equity markets we know today. Because equity securities represent transferable ownership
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Dow Jones Industrial AverageTM Stated Objective To represent large and well-known U.S. companies. Covers all industries with the exception of Transportation and Utilities. Key Features — The index is maintained by the Averages Committee. — Components are added and deleted on an as-needed basis. For the sake of continuity, such changes are rare, and typically occur following corporate acquisitions or other significant changes in a component company's core business. When one component
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Nichole Schweitzer Professor Mathews ACCT 473 April 13, 2016 The Division of Economic and Risk Analysis: What Do They Do? The Division of Economic and Risk Analysis (DERA) is an integral part of the Securities Exchange Commission as it interacts with every other office and division in the SEC. In this paper, I will be discussing the role of DERA within the SEC, how it was formed, the multiple offices within DERA, and a program enacted by DERA and what its responsibilities are. DERA was originally
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primary market is where economic units sell new securities to raise needed funds. Could be an Initial Public Offering (IPO) or issue of new shares of an existing publicly traded company. Investment banks will set a beginning price range for a given security and then oversee its sale directly to investors. Once the initial sale is complete, further trading is conducted on the secondary market, which is where the bulk of exchange trading occurs each day. The secondary market is where investors trade
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Finance 1 Elnar, Jayson R. Prof: Mrs. Cardema CA6-C1 What is Financial Claims? Financial claims and obligations arise out of contractual relationships between pairs of institutional units. A financial claim: (a) entitles a creditor to receive a payment, or payments, from a debtor in circumstances specified in a contract between them; or (b) specifies between the two parties certain rights or obligations, the
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