September 2005
Intermediate to advanced
272 pages
9h 8m
English
Content preview from Clearing and Settlement of Derivatives
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First Notice Day The first day as listed in the contract specification that
the holders of short positions can give notification to
the exchange/clearing house that they wish to effect
delivery.
Fit and Proper Under Financial Services Act, everyone conducting
investment business must be a ‘fit and proper person’.
The Act does not define the term, a function which is
left to the regulators such as FSA.
Fixed Income Interest on a security that is calculated as a constant
specified percentage of the principal amount and paid
at the end of specified interest periods, usually annu-
ally or semi-annually, until maturity.
Fixed Rate (i) A ...
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