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July 20, 2010
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Did You Know?    
 
 
Swap: In general, the exchange of one asset or liability for a similar asset or liability
Swap: In general, the exchange of one asset or liability for a similar asset or liability for the purpose of lengthening or shortening maturities, or raising or lowering coupon rates, to maximize revenue or minimize financing costs. This may entail selling one securities issue and buying another in foreign currency; it may entail buying a currency on the spot market and simultaneously selling it forward. Swaps also may involve exchanging income flows; for example, exchanging the fixed rate coupon stream of a bond for a variable rate payment stream, or vice versa, while not swapping the principal component of the bond. Swaps are generally traded over-the-counter.

 


  Securities News  
 


Latest news about securities cases in Florida and nationwide:

Federal Authorities Seeking Fugitive
The United States Attorney’s Office today announced that FRANK R.V. LOOMANS, 37, of Atlanta, Georgia, formerly manager of investor relations for Co...
Read more >


SEC Charges Family With $3.7 Million Insider Trading Scheme
The Securities and Exchange Commission today announced the filing of a civil action in federal district court in New York, New York involving a ram...
Read more >


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Securities Terms

 


Tuesday's Term

Allowances

Definition:
The discounts (premiums) allowed for grades or locations of a commodity lower (higher) than the par (or basis) grade or location specified in the futures contract. See Differentials.

Buy (or Sell) On Opening

Definition:
To buy (or sell) at the beginning of a trading session within the open price range.

Basis Swap

Definition:
A swap whose cash settlement price is calculated based on the basis between a futures contract and the spot price of the underlying commodity or a closely related commodity on a specified date.

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Securities Resources

 


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Securities Hot Topics

 
Topics Related to Securities:

  • Investment Fraud
  • Stock Fraud
  • Bond Fraud
  • Mutual Fund Fraud

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