MONEY MARKET INVESTOR FUNDING FACILITY - MMIFF
A funding mechanism created by the Federal Reserve on November 24, 2008, which aims to stimulate institutional investors for them to assume investments with longer terms. This facility is designed to support a private sector initiative to give liquidity to money market investors. Financial crisis woes led to an influx of institutional investors to take overnight positions at the end of 2008, putting a strain on short-term debt markets. The Federal Reserve Bank of New York through special purpose vehicles (SPVs) provide the financing.
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WARF
Weighted Average Rating Factor (WARF) is a measure often used by credit rating companies to determine the credit quality of a portfolio. It allows ...
Trading Arcade
Slang term for an electronic trading facility, often operated by a clearing member, where investors can gather and trade for their own accounts. Bu ...
Double Top and Bottom
In technical analysis, chart patterns explaining movements in a security or other investment drawn like letter W (double bottom) or letter M (doubl ...
Tranches
Part, piece, portion, or slice of a transaction or structured financing. It refers to one of the numerous securities offered at the same time but h ...
Financing Statement
A written document detailing the financing agreement between the lender and the borrower. It should have the names and addresses of the parties inv ...
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ECONOMIC CALENDAR
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07:00 | Leading Indicators | Jan | |
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13:00 | CBI retail sales volume balance | Mar | |
13:00 | CBI retail sales volume balance | Mar | |
14:25 | FOMC Member Raphael W. Bostic Speaks | ||
14:25 | FOMC Member Raphael W. Bostic Speaks | ||
16:00 | New Home Sales | Feb | |
16:00 | New Home Sales | Feb | |
01:30 | Westpac Consumer Sentiment | Mar |