A futures contract with medium term debt that is issued by the Federal Republic of Germany as its underlying asset. The contract has a notional contract value of 100,000 euros, with a term to maturity of 4.5 to five years. Unlike most other types of future contracts, BOBL future contracts tend to be settled by delivery. In America, these futures contracts are traded on the … [Read more...]
What Does Broker Booth Support System – BBSS Mean?
An electronic system used by the New York Stock Exchange to send orders between brokers and trading booths on the floor of the exchange. An order-management system designed exclusively for NYSE members, which enables member firms to quickly and efficiently process and manage their orders and selectively route orders via SuperDOT® directly to either the trading post, the … [Read more...]
What Does Callable Certificate Of Deposit Mean?
An FDIC insured certificate of deposit (CD) that contains a call feature similar to other types of callable fixed-income securities. In exchange for keeping the money on deposit for the agreed-on term, institutions usually grant higher interest rates than they do on accounts from which money may be withdrawn on demand, although this may not be the case in an inverted yield … [Read more...]
What is Continuously Offered Longer-Term Securities – COLTS
Continuously Offered Longer-Term Securities. COLTS are sold by the World Bank, and are offered as one of three classes of bonds: 3-year to 30-year fixed rate bonds, variable rate bonds, or zero-coupon bonds. type of bond that's been sold by the World Bank since 1989 in order to finance its operations. The bonds range in length from three to 30 years and can be fixed rate, … [Read more...]
Nifty levels for 10th May 2010
Please find the correct levels for nifty The Nifty Levels for 10th May 2010 are First Resistance = 5058 First Support =4990 Second Resistance =5084 Second Support =4948 Breakout above = 5126 Break down Below =4922 The above levels are for intraday only For Sure Shot pack and good Gains in Nifty Please visit Nifty Live Charts.com … [Read more...]