- Industry: Financial services
- Number of terms: 25840
- Number of blossaries: 0
- Company Profile:
UBS AG, a financial services firm, provides wealth management, asset management, and investment banking services to private, corporate, and institutional clients worldwide.
The price quoted on an options exchange to buy or sell an option. See also option transaction.
Industry:Banking
(1) Option strategy comprising two puts and one call on the same underlying with the same strike price and expiry date. See also strap.
(2) Stripped US Treasury zero bond created by separating the corpus, or bond principal, from the interest coupons. Issued by American investment banks under various designations (CATS, TIGR).
Industry:Banking
Any stock market order concluded. On the Swiss Exchange a trade is a securities transaction effected between members either on-exchange or over-the-counter.
Industry:Banking
Legal transactions carried out by the bank when executing its specific functions. Banking operations can be categorised according to different criteria, e.g. in terms of returns as in interest-differential business, fee and commission business, own-account transactions and trading business; or in line with organisational or marketing criteria as follows: deposit transactions, loan transactions, securities transactions, money market transactions, payment transactions.
Industry:Banking
Abbr.: CDO. Bond that is secured by a diversified debt portfolio. A collateralized debt obligation is generally divided into different tranches with different credit ratings.
Industry:Banking
Form which can be used at either a bank or a post office to make a deposit or transfer money in favour of a recipient. See also bank payment slip with reference number.
Industry:Banking
Account opened jointly in the names of two or more persons whereby it is agreed that each can dispose of the assets in the account individually and without having to obtain the consent of the other(s). See also collective account.
Industry:Banking
Positive/negative difference between the price at which an investment is purchased and the price at which it is sold. Profit or loss on the realization of a long-term investment.
Industry:Banking