Selling securities once a determined price level is obtained to protect an investor

The buying or selling of securities once it reaches the stop level as opposed to the traditional stop order when securities are bought or sold at the market price.

After preemptive rights are exercised by the shareholders the remaining shares are purchased in agreement with a firm by underwriters of a rights issue guaranteeing the holdings by the firm of the

Illegally enticing business from favored clients using allocations to establish a quid pro quo arrangement.

When a firm is long on one put and two call options with equal strike prices creating a spread to make use of market volatility to secure unlimited profit potential with minimal

Purchasing or selling options with the same maturity date but different strike prices taking advantage of market volatility. Refer to straddle.

When a plaintiff makes a motion to prove harm has occurred without having to show how or why to collect damages.

Taking a par yield curve and turning it into a zero coupon yield curve so the firm doesn

A contract with the closest maturity date on eurodollars or a loan or bond with a short maturity.

A firm expecting underlying assets when an exchangetrade derivative contract expires. Refer to weak hands.

Applying reductions equally to a depreciable assets value in relation to predictions of its anticipated maturity. Refer to accelerated depreciation.

An asset secured loan usually having a low loan to value ratio given to a client with a poor credit history such as a delinquency or default. Refer to B & C

Debt where securites are issued directly by a company not a trust. They mature in 10 to 30 years and must be approved by an insurance regulators.

The shortest living trance of a mortgage in a series. It is retired through early repayment.

An over the counter derivative with periodic payments. They mature in 1 to 10 years. For the foreign markets it is a pair of spot and forward transactions. The spot offsets the

A receiver payer swap where the buyer can enter a swap at a predetermined rate in the future.

The contract syndicate members agree to. It designates the structure, rules, and time period. AKA underwriting agreement. Refer to subscription agreement.

Short term back up credit given to a borrower as needed. They are used when commercial paper issuers when investors won’t roll over maturing paper. AKA backup line.

Loss that occurs when clients are mismatched with investment opportunites. Refer to ultra vires.

The written explanation of unique securities that are not well known on the market in order to make them appear less risky and more marketable.