Produktbild: Margin Trading from A to Z

Margin Trading from A to Z A Complete Guide to Borrowing, Investing and Regulation

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Beschreibung

Produktdetails

Einband

Taschenbuch

Erscheinungsdatum

03.03.2008

Verlag

Wiley

Seitenzahl

204

Maße (L/B/H)

22.9/15.2/1.1 cm

Gewicht

304 g

Sprache

Englisch

ISBN

978-1-119-10851-1

Beschreibung

Produktdetails

Einband

Taschenbuch

Erscheinungsdatum

03.03.2008

Verlag

Wiley

Seitenzahl

204

Maße (L/B/H)

22.9/15.2/1.1 cm

Gewicht

304 g

Sprache

Englisch

ISBN

978-1-119-10851-1

Herstelleradresse

Libri GmbH
Europaallee 1
36244 Bad Hersfeld
DE

Email: gpsr@libri.de

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  • Produktbild: Margin Trading from A to Z
  • Preface xi

    About the Author xv

    CHAPTER 1 Cash Accounts 1

    Sale of Securities 3

    Paying for Securities by the Sale of Other Securities 3

    Delivery against Payment 4

    Employee Stock Options 6

    Chapter One Questions 7

    CHAPTER 2 Initial Federal Margin Requirements 9

    Purchases 9

    Sales 16

    Meeting a Margin Call 17

    Chapter Two Questions 19

    CHAPTER 3 Initial and Minimum Maintenance Requirements 21

    Initial Requirements 21

    House Requirements 23

    NYSE Minimum Maintenance Requirements 23

    Chapter Three Questions 29

    CHAPTER 4 The Special Memorandum Account 31

    Customer's Account 35

    Chapter Four Questions 42

    CHAPTER 5 Short Sales 45

    Covering Short Sales 51

    NYSE Minimum Maintenance Requirements 52

    Sample Transactions 53

    Short Sale versus the Box or Short against the Box 55

    Prime Broker 59

    Chapter Five Questions 62

    CHAPTER 6 Bonds 65

    U.S. Government Securities 67

    Zero-Coupon Government Obligations 67

    Municipals 69

    Nonconvertible Corporate Bonds 72

    Chapter Six Questions 74

    CHAPTER 7 Miscellaneous Categories 77

    When-Issued and When-Distributed Transactions 77

    Customer's Accounts 78

    Marks to the Market 80

    When-Distributed Securities 80

    Segregation of Customers' Securities 80

    Review of Customers' Accounts 81

    Interest Charges 83

    Margin on New Issues 85

    Day Trades 85

    Requirements for a Pattern Day Trader 86

    Time and Tick 87

    Chapter Seven Questions 89

    CHAPTER 8 Options 91

    Definitions 92

    Additional Definitions Related to the Types of Options 93

    Examples 95

    Requirements for the Purchase and/or Sale of Options 100

    Long-Term Equity Anticipation Securities 101

    LEAPS 101

    LEAPS Example 102

    Bull Spread Call Debit 106

    Bear Spread Call Credit 107

    Bull Spread Put Credit 107

    Bear Spread Put Debit 108

    The American Style 108

    The European Style 108

    Other Types of Options 108

    Index Options 108

    Interest Rate Options 109

    Additional Details Concerning Options 113

    Chapter Eight Questions 114

    CHAPTER 9 Portfolio Margining 121

    Margin Deficiencies 125

    Chapter 9 Questions 126

    Eligible/Hedged/Unhedged Positions 126

    Account Set-up 126

    Unlisted Derivatives 126

    Liquidations 127

    APPENDIX A The Federal Reserve 129

    APPENDIX B Customer Margin Account and SMA Sheets 137

    APPENDIX C Answers to Chapter Questions 139

    APPENDIX D Final Examination Questions 151

    APPENDIX E Final Examination Answers 161

    Glossary of Terms 169

    Index 177