what is the "rule 10b-18"?
Category: glossary by I. Ewing from Vancouver, Canada
An SEC rule that provides a "safe harbor" for companies and their affiliated purchasers when the company or affiliates repurchase the company's shares of common stock (i.e, they will not be deemed to have violated anti-fraud provisions of the Securities Exchange Act of 1934). The repurchases must fall within the four conditions of the rule. These cover the manner of purchase, the time of the repurchases, the prices paid and the volume of shares repurchased. The rule breaks down as follows: Manner of purchase: The issuer or affiliate must purchase all shares from a single broker or deal during a single day. Timing: An issuer with an average trading volume less than $1 million per day or a public float value below $150 million is unable to trade within the last 30 minutes of trading. Companies with higher average-trading-volume or public float value can trade up until the last 10 minutes. Price: The issuer must repurchase at a price that does not exceed the highest independent bid or the last transaction price quoted. Volume: The issuer can't purchase more than 25% of the average daily volume. The SEC also specified more detailed disclosure requirements for repurchases. In each quarterly report on Form 10-Q and in the annual report on Form 10-K, the company must provide a table showing, on a month-by-month basis: the total number of shares purchased, the average price paid per share, the total number of shares purchased under publicly announced repurchase programs, and the maximum number of shares that may be repurchased under these programs (or maximum dollar amount if the limit is stated in those terms).
Would you give me a tip for a forex site with useful mobile-enhanced technology?
Category: platform by R. Cunningham from Linz, Austria
We believe "GCI" is definitely the place if you look for an exceptional site that gives access form mobile phones - the graphics are really great looking and the interface is updated with the most advanced developments in a mobile adapted fx environment. Their mobile friendly platform is growing to be a standard setter for a fun online forex real trade environments example.
Which foreign exchange platform offers the most legendary multilingual system, in your opinion?
Category: platform by U. G. From Corona, United States
We think the best place for your purpose is "Saxo Bank". Its platform supports many different languages. The site is enabled for Slovenian, Slovak, Chinese or Indonesian speakers, and even Hungarian.
please tell me what the "real estate mortgage investment conduits - rEMIC" is
Category: glossary by Z. J. From United States
a "real estate mortgage investment conduits - rEMIC " is A complex pool of mortgage securities created for the purpose of acquiring collateral. This base is then divided into varying classes of securities backed by mortgages with different maturities and coupons. As a synthetic investment vehicle, REMICs consist of a fixed pool of mortgages broken apart and marketed to investors as individual securities.
do you know what a "directional trading" is?
Category: glossary by Z. E. From United States
the "directional trading " is A general term referring to the strategy used by investors that open positions, either long or short, on the belief that they are able to correctly predict the movement of price in a security. Simple investing. If you think a security is going up, you buy, if you think the security is going down, you sell. This is directional trading, no complicated strategies.
what is a "statistical arbitrage"?
Category: glossary by E. H. From Canada
the "statistical arbitrage " is A profit situation arising from pricing inefficiencies between securities. Investors identify the arbitrage situation through mathematical modeling techniques. Statistical arbitrage is not without risk; it depends heavily on the ability of market prices to return to a historical or predicted normal.
please tell me what "heroes earned retirement opportunities act" is
Category: glossary by B. Brady from Pomona, United States
a "heroes earned retirement opportunities act " is Legislation passed by Congress on May 18, 2006, that allows tax-free combat-related compensation received by military personnel to be considered taxable income for IRA contribution purposes. Military personnel also will be able to make IRA contributions based on combat pay earned from January 2004 to May 2006 - up to two years before the act became law. Previous to the act's creation, military personnel who primarily received combat pay as their main source of compensation would not be able to contribute to an IRA. Because combat pay is not considered taxable and IRA regulations stipulate that the maximum IRA contribution is the lesser of either $4,000 or the amount of taxable income received, the maximum contribution allowed was effectively zero dollars.
What kind of certifications and regulation should are safe enough to download and install files?
Category: technical by Z. Durham from Fremont, United States
Our advice is to look for an online fx platform that's regulated by acknowledged foundations, for example SAM and DFSA. A lot of listed online fx platforms are associated with them. Whenever you can verify a site is certificated by SAM and DFSA, be certain your money is protected in this place. A terrific example for such an online fx platform is "Saxo Bank".
please tell me what the "deflator" is
Category: glossary by I. E. From Norfolk, United States
"deflator " is A factor used to convert current prices into inflation-adjusted prices, in order to make comparisons over time after factoring out the overall effects of inflation. For example, an economy might have grown by 4 per cent in one year but half of the growth
please tell me what the "power of attorney of property" is
Category: glossary by A. Walter from Canada
A legal document transferring the legal right to the attorney or agent to manage and access the principal's property in the event the principal is unable to do so themselves. The power of attorney of property usually includes all assets held by the principal, such as real estate, bank accounts and stocks. The terms of the contract, including what can and cannot be managed, are determined at the time the contract is established.