34 relations: Asset management, Bankruptcy of Lehman Brothers, Block trade, Central counterparty clearing, Clearing (finance), Commodity market, Council of the European Union, Credit derivative, Derivative (finance), Derivatives market, Equity (finance), European Commission, European Economic Area, European Parliament, European Securities and Markets Authority, European Systemic Risk Board, European Union, European Union legislative procedure, Exchange (organized market), Financial crisis, Foreign exchange market, G20, Interest rate, Margin (finance), Markets in Financial Instruments Directive 2004, Operational risk, Over-the-counter (finance), Pension fund, Portfolio (finance), Rate of return, Swap Execution Facility, Systemic risk, Trade Repository, Unique Transaction Identifier.
Asset management, broadly defined, refers to any system that monitors and maintains things of value to an entity or group.
The filing for Chapter 11 bankruptcy protection by financial services firm Lehman Brothers on September 15, 2008, remains the largest bankruptcy filing in U.S. history, with Lehman holding over in assets.
A block trade is a permissible, noncompetitive, privately negotiated transaction either at or exceeding an exchange determined minimum threshold quantity of shares, which is executed apart and away from the open outcry or electronic markets.
Central counterparty clearing (CCP), also referred to as a central counterparty, is a financial institution that takes on counterparty credit risk between parties to a transaction and provides clearing and settlement services for trades in foreign exchange, securities, options, and derivative contracts.
In banking and finance, clearing denotes all activities from the time a commitment is made for a transaction until it is settled.
A commodity market is a market that trades in primary economic sector rather than manufactured products.
The Council of the European Union, referred to in the treaties and other official documents simply as the Council is the third of the seven Institutions of the European Union (EU) as listed in the Treaty on European Union.
In finance, a credit derivative refers to any one of "various instruments and techniques designed to separate and then transfer the credit risk"The Economist Passing on the risks 2 November 1996 or the risk of an event of default of a corporate or sovereign borrower, transferring it to an entity other than the lender or debtholder.
In finance, a derivative is a contract that derives its value from the performance of an underlying entity.
The derivatives market is the financial market for derivatives, financial instruments like futures contracts or options, which are derived from other forms of assets.
In accounting, equity (or owner's equity) is the difference between the value of the assets and the value of the liabilities of something owned.
The European Commission (EC) is an institution of the European Union, responsible for proposing legislation, implementing decisions, upholding the EU treaties and managing the day-to-day business of the EU.
The European Economic Area (EEA) is the area in which the Agreement on the EEA provides for the free movement of persons, goods, services and capital within the European Single Market, including the freedom to choose residence in any country within this area.
The European Parliament (EP) is the directly elected parliamentary institution of the European Union (EU).
The European Securities and Markets Authority (ESMA) is a European Union financial regulatory institution and European Supervisory Authority, located in Paris.
The European Systemic Risk Board (ESRB) was established on 16 December 2010 in response to the ongoing financial crisis.
The European Union (EU) is a political and economic union of EUnum member states that are located primarily in Europe.
The European Union adopts legislation through a variety of legislative procedures.
An exchange, or bourse also known as a trading exchange or trading venue, is an organized market where (especially) tradable securities, commodities, foreign exchange, futures, and options contracts are sold and bought.
A financial crisis is any of a broad variety of situations in which some financial assets suddenly lose a large part of their nominal value.
The foreign exchange market (Forex, FX, or currency market) is a global decentralized or over-the-counter (OTC) market for the trading of currencies.
The G20 (or Group of Twenty) is an international forum for the governments and central bank governors from Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the United Kingdom, the United States and the European Union.
An interest rate is the amount of interest due per period, as a proportion of the amount lent, deposited or borrowed (called the principal sum).
In finance, margin is collateral that the holder of a financial instrument has to deposit with a counterparty (most often their broker or an exchange) to cover some or all of the credit risk the holder poses for the counterparty.
The Markets in Financial Instruments Directive (known as "MiFID") as subsequently amended is a European Union law that provides harmonised regulation for investment services across the 31 member states of the European Economic Area (the 28 EU member states plus Iceland, Norway and Liechtenstein).
Operational risk is "the risk of a change in value caused by the fact that actual losses, incurred for inadequate or failed internal processes, people and systems, or from external events (including legal risk), differ from the expected losses".
Over-the-counter (OTC) or off-exchange trading is done directly between two parties, without the supervision of an exchange.
A pension fund, also known as a superannuation fund in some countries, is any plan, fund, or scheme which provides retirement income.
In finance, a portfolio is a collection of investments held by an investment company, hedge fund, financial institution or individual.
In finance, return is a profit on an investment.
A Swap Execution Facility (SEF) (sometimes Swaps Execution Facility) is a platform for financial swap trading that provides pre-trade information (i.e. bid and offer prices) and a mechanism for executing swap transactions among eligible participants.
In finance, systemic risk is the risk of collapse of an entire financial system or entire market, as opposed to risk associated with any one individual entity, group or component of a system, that can be contained therein without harming the entire system.
A Trade Repository or Swap Data Repository is an entity that centrally collects and maintains the records of over-the-counter (OTC) derivatives.
A Unique Transaction Identifier (Acronym: UTI), alternatively called Unique Swap Identifier (Acronym: USI) is a globally unique identifier for individual transactions in financial markets.