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February 27, 2010
Securities
             
 
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Did You Know?    
 
 
Swap: In general, the exchange of one asset or liability for a similar asset or liability
Swap: In general, the exchange of one asset or liability for a similar asset or liability for the purpose of lengthening or shortening maturities, or raising or lowering coupon rates, to maximize revenue or minimize financing costs. This may entail selling one securities issue and buying another in foreign currency; it may entail buying a currency on the spot market and simultaneously selling it forward. Swaps also may involve exchanging income flows; for example, exchanging the fixed rate coupon stream of a bond for a variable rate payment stream, or vice versa, while not swapping the principal component of the bond. Swaps are generally traded over-the-counter.

 


  Securities News  
 


Latest news about securities cases in Utah and nationwide:

Former Currency Trader Sentenced To 5 More Years For $3 Billion Ponzi Scheme
MICHAEL J. GARCIA, the United States Attorney for the Southern District of New York, announced that MARTIN A. ARMSTRONG, a former currency trader a...
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DISR and NASAA Announce Top 10 Investment Scams for 2004
"Investors face a continuous stream of confusing scams, schemes and scandals," said Mirel. "Unfortunately...
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SEC Charges Scott D. Sullivan, WorldCom’s Former Chief Financial Officer, with Engaging in Multi-Billion Dollar Financial Fraud
Washington, D.C., March 2, 2004 — The Securities and Exchange Commission today filed a civil enforcement action against Scott D. Sullivan, t...
Read more >


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Securities Terms

 


Saturday's Term

Exercise Price (Strike Price)

Definition:
The price, specified in the option contract, at which the underlying futures contract, security, or commodity will move from seller to buyer.

Margin

Definition:
The amount of money or collateral deposited by a customer with his broker, by a broker with a clearing member, or by a clearing member with a clearing organization. The margin is not partial payment on a purchase.

Allowances

Definition:
The discounts (premiums) allowed for grades or locations of a commodity lower (higher) than the par (or basis) grade or location specified in the futures contract. See Differentials.

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Securities Resources

 


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Securities Hot Topics

 
Topics Related to Securities:

  • Investment Fraud
  • Stock Fraud
  • Bond Fraud
  • Mutual Fund Fraud

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Utah Securities Attorney

 
If you live in the following cities and need an securities attorney you should contact our Securities Attorney as soon as possible:

  • American Fork
  • Bountiful
  • Brigham City
  • Cedar City
  • Clearfield
  • Draper
  • Kaysville
  • Layton
  • Lehi
  • Logan
  • Magna
  • Midvale
  • Ogden
  • Orem
  • Pleasant Grove
  • Provo
  • Riverton
  • Roy
  • Saint George
  • Salt Lake City
  • Sandy
  • South Jordan
  • Spanish Fork
  • Springville
  • Tooele
  • Vernal
  • West Jordan
 


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