Cyber*School

Period from the date of issue of a security until the maturity (last trading day). The period in which the option is valid.

Bond with an infinite maturity

Rates in foreign exchange markets are usually quoted in 5 digits (e.g. EUR/USD 1.0125; USD/JPY 120.50). The first 3 digits are called big figure and the last 2 digits pips Professional FX-market participants usually quote just the pips of an FX-Rate, whereas the big figure is assumed to be known.

Placement of securities in the investment-seeking audience.

Plain Vanilla is often used in context with financial products that have no special configuration. Example: Plain vanilla options are called options (call or put) which have no additional properties. Contrary Exotic Options

another designation for straight bond

abbr. public limited company

The pool method is a calculation method in the value range of a bank. The customer interest of a particular contract is compared to the average customer interest rate for all liabilities (or assets) page.

another designation for portfolio

All investments in securities held by a customer, a company or a mutual fund.

The person who makes the decisions for the purchase and sale of securities for a portfolio on its own responsibility and in accordance with the agreed guidelines.

The specific involvement in the financial market, ie the rights and obligations of a market participant after a transaction. A position is created by an opening transaction and is terminated by a closing transaction again.

(normal yield curve steep yield curve) A yield curve in which long-term maturities have a higher interest rate than short-term maturities.

see over the counter market (OTC-market)

The PPI is a weighted average of selling prices received by domestic producers of goods and services. PPIs measure price change from the perspective of the seller. This measure can be used for estimating the future inflation rate.

(PRIBOR) interest rate which is determined in Czech crowns and at which banks lend money to each other.

over the counter trading before market opening

A stock with a preferred treatment for the dividend payment (dividend) but which has also some disadvantages. e.g. no voting rights

Exercise before the expiration date (only possible for American options).

another designation for option price