The yield on a taxable bond issue after income taxes are paid. It is computed as follows: after-tax yield =…

A financial transaction that involves trading a security that has not yet been issued, but rather is scheduled to be…

The stock of a publicly-traded company whose business concentrates on gold exploration, mining, or production. Gold stocks are a popular…

A type of mortgage that allows borrowers to take out loans against extra capital added into the account. In this…

A crossing network (CN) that receives and directs confidential bids and offers into the pool where all are held until…

A matching model for crossing networks whereby orders are continuously executed whenever there is a matching order in the market.…

A type of dark pools whereby orders are continuously executed whenever there is a matching order in the market. In…

A crossing network (CN) that receives and directs confidential bids and offers into the pool where all are held until…

A securitized product (a type of collateralized debt obligations – CDOs) that originates obligations collateralized or backed by a pool…

A type of liability that arises unintentionally (i.e., without fault) or that is looked at without regard to fault. Typically,…