CFA
How does CLS reduce Herstatt Risk?
How does CLS reduce Herstatt Risk?
What is Herstatt Risk?
Herstatt risk is the risk of loss in settlement of foreign exchange transac...
Direct Repo & Third Party Repo
What is Direct Repo:
Direct Repo also known as repurchase agreements take place to help facilitate short term borrowings in exchange...
What are Credit Risk Debt Funds?
Credit Risk Debt Funds
Credit risk funds are a type of debt funds that invests in low-credit rated debt securities. Credit risk debt f...
What is NOW and Super NOW?
What is the Negotiable Order of Withdrawal Account (NOW)?
A NOW account, also known as Negotiable Order of Withdrawal Account, is a...
Poison Put with Example
What is Poison Put?
Poison Put is a strategy that is employed in order to prevent the hostile takeover by Acquirer Company.
In the...
What is Roll over Risk
What is Roll over Risk?
Short term debt instruments (bonds, commercial papers and debentures) mature on specified duration. Companie...
What Are STRIPS?
Introduction to STRIPS:
STRIPS (Separate Trading of Registered Interest and Principal of Securities) are debt securities that are cr...
Currency Quote – What is Direct & Indirect Quote?
How to read a Currency Quote?
When a currency is quoted it is always quoted in terms of some other currency. So if you are trying to d...