ABX INDEX
A financial benchmark which is intended to measure the mortgages' overall value made to borrowers with weak credit or subprime. The ABX index employs credit default swap contracts to derive the overall value which is made up of 20 bonds, comprised of subprime mortgages groups. Financial institutions, with the help of this index, are able to determine if whether the market for these securities are worsening or improving. Also know as Asset-Backed Securities Index.
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Tape Shredding
Situation in which a broker splits an order for securities into smaller buy or sell orders. For some securities, smaller orders are easier to be ex ...
Consumer Interest
Interest incurred for personal loans, automobile loans, and consumer credit. It entails all types of nondeductible interest consumers must pay. ...
Asset Value Per Share
The whole value of an investment fund divided by its number of shares outstanding. This kind of asset value per share, most often, is regarded as & ...
NCUA-Insured Institution
National Credit Union Association or NCUA is equal to the Federal Deposit Insurance Corporation. The only difference is that, the NCUA deals with c ...
Certified Insolvency and Reorganization Accountant - CIRA
Professional certification conferred to forensic accountants. To be given this designation, one must pass the three-part board exam and obtain expe ...
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Connection of Inflation and Interest Rates
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Time | Country | Indices | Period |
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02:01 | Rightmove House Prices | Mar | |
09:00 | PPI | Feb | |
12:00 | Current Account (sa) | Jan | |
13:00 | Bundesbank Monthly Report | ||
23:45 | Trade Balance | Feb | |
02:30 | Monetary Policy Meeting Minutes | ||
04:00 | Credit Card Spending | Feb | |
09:00 | Trade Balance | Feb | |
09:00 | Public Sector Net Borrowing | Feb |