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funds that issue new shares and redeem existing shares on demand, usually on a daily basis.
Hedge funds, private equities (including venture capital),
commodities, real estate securities and real estate properties,
securitized debts, operating leases, machinery, collectibles, and
precious gems
funds that issue shares in primary market offerings that the fund or
its investment bankers arrange. Once issued, investors cannot sell their
shares of the fund back to the fund by demanding redemption
A financial intermediary that acts as a principal in trades, fill their clients' orders by trading with them.
real estate investment trusts
first or preliminary prospectus, is a document submitted by a company
(issuer) as part of a public offering of securities (either stocks or
bonds). Most frequently associated with an initial public offering (IPO)
A financial intermediary (often a company) that may function as a
principal (dealer) or as an agent (broker) depending on the type of
trade
those funds are open-ended tradeable on the secondary market - if
price on the market is below the NAV, AP (a class of investors,
Authorized Participants) can buy it and then redeem with the fund
1/minimum margin requirement
dealers with whom central banks trade when conducting monetary policy.
They buy/sell bills, notes, and bonds when the central banks sell/buys
them
A variation of a forward contract that has essentially the same basic
definition but with some additional features, such as a clearinghouse
guarantee against credit losses, a daily settlement of gains and losses,
and an organized electronic or floor trading facility.
short sellers will pay the long sellers all dividends or interest that
they otherwise would have received had they not lent their securities
The market for the long term duration securities: bonds, equities.
a type of business entity that is owned and run by one individual or
one legal person and in which there is no legal distinction between the
owner and the business. The owner is in direct control of all elements
and is legally accountable for the finances of such business and this
may include debts, loans, loss etc.
The market for the short time debt instruments (maturing in less that a year): CoD's, T-Bills, Commercial Papers.
Instructions that indicate how to fill an order.
acts as a middle man to the stock exchange, and places trades on
behalf of clients. This is in direct contrast to broker-dealers, who
purchase orders from clients and then sell these blocks into the market.
An agent who executes orders to buy or sell securities on behalf of a
client in exchange for a commission. They do not trade with their
clients. Instead, they search for traders who are willing to take the
other side of their clients' orders
Instructions that indicate how to arrange the final settlement of a trade.
Instructions which indicate when the order may be filled.
Mutual funds, trusts, depositories, and hedge funds.Shares created by them are called: shares, units, depository receipts
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