February 2003
Beginner
208 pages
4h 55m
English
Content preview from Understanding the Markets
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Issue price The percentage of principal value at which the price of
a new issue of securities is fixed.
Issuer Legal entity that issues and distributes securities.
Issuing agent Agent (e.g. bank) who puts out original issues for
sale.
JASDEC Japan Securities Depository Centre – the CSD for Japan.
JATS Jakarta Automated Trading System.
JET Johannesburg Electronic Trading.
JSCC Japan Securities Clearing Corporation – clearing organiza-
tion in Japan.
JSE Johannesburg Stock Exchange.
Junk bonds High-risk bonds that have low ratings or are in
default.
Kas-Associate Settlement bank for the Netherlands.
KATS Dealing system for the Korean Stock Exchange.
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