Primary market - where the share is first issued in the form of IPO (Initial Public Offering) and after issuing the share it is listed on exchange and share is traded on exchange where shares can be bought and sold this is secondary market. In India mainly there are two exchanges –NSE (National Stock Exchange) BSE-Bombay Stock Exchange. The BSE is the oldest exchange in India (started in 1875).NSE started operation on 1994. Today NSE outpaced BSE in volume of trade (2) IPO or Initial
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certificates of deposit, bills of exchange, repurchase agreements, federal funds, and short-lived mortgage-, and asset-backed securities. It provides liquidity funding for the global financial system. Money markets and capital markets are parts of financial markets. The instruments bear differing maturities, currencies, credit risks, and structure. Therefore they may be used to distribute the exposure. The money market developed because parties had surplus funds, while others needed cash. Today
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1. Trader A enters into futures contracts to buy 1 million euros for 1.4 million dollars in three months. Trader B enters in a forward contract to do the same thing. The exchange (dollars per euro) declines sharply during the first two months and then increases for the third month to close at 1.4300. Ignoring daily settlement, what is the total profit of each trader? When the impact of daily settlement is taken into account, which trader does better? Answer: When we ignore daily settlement each
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Security Analysis and Investment Management Unit-1 INVESTMENT * Investment means conversion of cash or money into a monetary assets or a claim on future money for a return. * Investment is the employment of funds on assets with the aim of earning income or capital appreciation. * Financial investment is the allocation of money to assets that are expected to yield some gain over a period of time. * In its broadest sense, on investment is a sacrifice of current money or other sources
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Copyright Act without the permission of the copyright owner is unlawful. Information within this publication contains "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Securities Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, goals, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be
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addresses an acute shortage of dollar availability as U.S. lenders withhold funds out of concern that the European banking system is overexposed to the region's government-debt crisis. The tenders appear aimed above all at ensuring that European banks keep access to dollar funding, after months in which private-sector investors have refused to roll over existing credits. In the new tenders, banks bidding, say, at the ECB for funds, will receive dollars. But the Fed's actual counterparty will be the ECB
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MNC is typically able to quickly purchase that currency at a reasonable exchange rate. | | | A currency's liquidity affects the ease with which an MNC can obtain or sell that currency. | | | The spot markets for heavily traded currencies, such as the Japanese yen, are very liquid. | | | | Comments: | | | | Question 2. | Question : | (TCO A) The U.S. dollar is not ever used as a medium of exchange in | | | Student Answer: | any Latin American countries. |
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The Securities and Exchange Act of 1933 was signed into law by President Franklin D. Roosevelt as part of the New Deal. The New Deal signified the first federal regulation of the economy. President Roosevelt designed the New Deal to assist in resolving the issues that resulted from the Great Depression, an unmatched economic calamity that eventually produced an unemployment rate of 25% and a 33% reduction of the nation's economy. The regulation of securities was a good initial foundation for
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RMB Business in Hong Kong Financial Services and the Treasury Bureau 22 November 2010 1 RMB business in Hong Kong • 2004: Banks offer renminbi services including deposit taking, currency exchange, remittance, debit and credit cards, personal cheques • 2007: Mainland financial institutions may issue RMB bonds in Hong Kong • 2009: Trade settlement and finance 2 Latest developments • 11 Feb: Elucidation of supervisory principles by HKMA • 22 Jun: Expansion of the RMB trade settlement
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Outline Motives for Using International Financial Markets Motives for Investing in Foreign Markets Motives for Providing Credit in Foreign Markets Motives for Borrowing in Foreign Markets Foreign Exchange Market History of Foreign Exchange Foreign Exchange Transactions Interpreting Foreign Exchange Quotations Currency Futures and Options Markets International Money Market Origins and Development Standardizing Global Bank Regulations International Credit Market Syndicated Loans International
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