Tag: exchange
Call Auction
What is 'Call Auction' Where participants buy or sell units of a good. At a call auction, participants place orders to buy...
Calculation Agent
What is 'Calculation Agent' An entity that determines the price of an investment product such as a swap. A calculation agent calculates...
Calgary Dollar
DefinitionThe Calgary Dollar is a local currency in Calgary, Alberta, Canada. While functioning as a limited form of currency within Calgary, it is not...
Currency Carry Trade
Currency carry trade refers to a strategy that is used by investors to sell currencies with low interest rates and purchase currencies with a...
Cabinet Crowd
What is 'Cabinet Crowd' Members of the NYSE who typically trade in inactive bonds. The cabinet crowd is made up of a...
Canadian Depository For Securities Limited (CDS)
What is 'Canadian Depository For Securities Limited - CDS' Canada's national securities depository, clearing and settlement hub. The Canadian Depository for Securities...
Passive ETF
What is a Passive ETF and how does it work
A passive Exchange-Traded Fund (ETF) is a type of investment fund that aims to track...
Net Asset Value
DefinitionNet asset value is the value of an entity's assets minus the value of its liabilities, often in relation to open-end or mutual funds,...
Participatory Notes
DefinitionParticipatory Notes commonly known as P-Notes or PNs are instruments issued by registered foreign institutional investors to overseas investors, who wish to invest in...
Pass-Through Security
What is 'Pass-Through Security' A pass-through security is a pool of fixed-income securities backed by a package of assets. A servicing intermediary...