February 2003
Beginner
208 pages
4h 55m
English
Content preview from Understanding the Markets
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Global depository receipt (GDR) A security representing shares
held in custody in the country of issue.
GLOBEX The overnight trading system operated by Reuters and
the Chicago Mercantile Exchange (CME).
Good delivery Proper delivery of certificates that are negotiable
and complete in terms of documentation or information.
Grey market Generally, the market for a new issue before the
securities have been distributed to subscribers.
Gross A position which is held with both the bought and sold
trades kept open.
Gross domestic product (GDP) A measure of the country’s
entire output.
Gross redemption yield (GRY) The annual return on owning a
bond, allowing both ...
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