MONEY MARKET ACCOUNT EXTRA - MMAX
An account structure that gives depositors the capacity to acquire FDIC insurance on huge deposits that exceeded the insurance limit of $250,000. It lets banks to attract large depositors including the retail, commercial, and public sectors.
By using this program, banks can receive deposits way above the FDIC-insurance limit from any one retail or commercial client in money market deposits. These funds are allocated into deposit accounts among several banks in IDC’s Deposit Network. No customer can deposit more than $250,000 in any bank.
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SEC Form U-33-S
SEC Form U-33-S is a filing accomplished annually by utility companies as a report under the Securities and Exchange Commission. The data gathered ...
Counterpurchase
Exchange of products in which a party acts as purchaser and the other as seller, and vice versa. Both parties purchase all goods in cash.
Flowback
When foreign investors perform a massive sell-off of a company's cross-listed shares back to the country of issuance as a result of an impendin ...
Use and Occupancy Insurance – U&O
Use and Occupancy Insurance is a kind of insurance coverage that takes care of losses in the property or machinery usage caused by damages from haz ...
Horizontal Market
A market diversified so the products created can meet the needs of more than one industry. This type of market is one in which the output good or s ...
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 07:00 | Leading Indicators | Aug | |
| 11:00 | Ifo Business Climate Index | Oct | |
| 11:00 | Ifo Current Assessment | Oct | |
| 11:00 | IFO - Expectations | Oct | |
| 13:00 | CBI retail sales volume balance | Oct | |
| 01:50 | Corporate Service Price Index | Sep | |
| 02:01 | BRC Shop Price Index | Oct | |
| 07:00 | BOJ Core CPI | Sep | |
| 10:00 | Unemployment Rate | 3 quarter |
