An arrangement in which two parties exchange a series of cashflows in one currency for a series.

A security which gives the holder the right to acquire a share or bond at a specific price and date..

An approach to stockpicking which focuses on the search for shares whose prices have dropped so low.

Purchase of shares without entitlement to current scrip issues. This entitlement remains with the.

Aggregated forecasts drawn from a number of different brokers about the likely future earnings of.

Corporate bonds are issued by companies to raise capital. They are an alternative to issuing new.

Something of value given by one party to another in return for entering into a contract. To be.

See 'time.

A computerised payment system for clearing cheques in New.

(CTA)Oversees the operations of the US 'consolidated tape', which it developed, under a formal 'CTA Plan'.

An option strategy in which one call and one put with the same strike price and expiration are.

A company jointly owned by the London Stock Exchange and FT which creates and compiles financial.

A card, issued by a bank (or a building society in the UK), which guarantees the payment of a cheque.

See: 'waiver of.

The payment of a dividend by a company out of its.

An extensive property.

Insurance which provides an income to policyholders when they are unable to work due to an.

A defensive regulation which some stock exchanges have to limit the damage of a sharp fall in.

A term used by the London Stock Exchange to denote that a trade was effected as an agency cross or a.

A with profits life assurance bonus, normally added annually to the policy, which is based on the.