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The Securities Identification Number (german WKN) is a unique national identification, which is awarded by the Austrian Control Bank.

(SIFMA) International representation of interests of capital market participants, emerged from the merger of The Securities Industry Association (SIA) and The Bond Market Association (TBMA). www.sifma.org

With a securities lending, for example, of the Austrian Control Bank (OeKB) market participants can borrow securities for a period of time. e.g to cover existing short positions.

Contains provisions relating to the supervision of investment services, defined rules of conduct and determines the authority for supervision on securities trading. Financial Market Authority (FMA).

Securitization of assets in an SPV (Special Purpose Vehicle), which shares may be sold to customers. Thus, the entire cash flow passes (incl. losses) of credit exposures to the buyers of the securitized loans.

A financial instrument that represents: an ownership position in a publicly-traded corporation (stock), a creditor relationship with governmental body or a corporation (bond), or rights to ownership as represented by an option. A security is a fungible, negotiable financial instrument that represents some type of financial value. The company or entity that issues the security is known as the issuer.

exchange of two securtities for a certain period, whereby one is a general collateral and the other is a special collateral. The recipient of the specials pays a premium which is quoted in % p.a..

The price of a security is the price at which it can be bought or sold on the stock exchange. The price of a security that is traded on the stock market, depends on supply and demand.

Consists of the stock market and the bond market.

a type of repo,In contrast to the US-style repo the purchase- and sale-transaction are closed in two seperated contracts. Interim coupon payments are netted with the repo interest payment and considered in the price of the closing-transaction.Through the design in two seperated deals the substitution, margin calls and open repos are not possible in sell and buy backs.

Centers or departments of a bank, which serve to settle the affairs of any profit center. These include, for example, Domestic and foreign payment transactions, securities and treasury settlement or electronic banking departments.

Delivery and payment of transactions

Settlement date for all of securities transactions on a regulated exchange. On that day delivery and payment for the securities takes place.

A figure determined by the closing range that is used to calculate gains and losses in futures market accounts. Settlement prices are used to determine gains, losses, margin calls, and invoice prices for deliveries.

Singapore Exchange Entstand established in 1999 as a result of the merger between SIMEX (Singapore International Monetary Exchange) and SES (Stock Exchange of Singapore)

Share capital of a corporation. It corresponds numerically to the nominal value of all shares issued and must be at least EUR 70,000.

Owner of the stocks to which property rights and rights to vote are entitled.

The asset (value), the owner of a share-holder of a public company owns consists of the (market) value of the stock multiplied by the sum of the shares held. A corporate policy focused on shareholder value will seek to maximize the market value of the shares and therefore the market value of the entire company.

Increase the company's value is at the heart of corporate strategy.

The Sharpe Ratio is the a measure for calculating risk-adjusted return and this ratio has become the industry standard for such calculations. The Sharpe ratio is the average return earned in excess of the risk-free rate per unit of volatility or total risk. Subtracting the risk-free rate from the mean return, the performance associated with risk-taking activities can be isolated. Generally, the greater the value of the Sharpe ratio, the more attractive the risk adjusted return. The Sharpe ratio is often used to compare the change in a portfolio's overall risk-return characteristics when a new asset or asset class is added to it.