Finance

Tag: SE

  • Seat

    Concept of Seat in Futures TradingIn this context of financial law, the following is a definition of Seat: An instrument granting trading privileges on an exchange. If the exchange has a mutual ownership structure, a seat may also represent an ownership interest in the exchange.

  • Security

    Concept of Security in Futures TradingIn this context of financial law, the following is a definition of Security: Generally, a transferable instrument representing an ownership interest in a corporation (equity security or stock) or the debt of a corporation, municipality, or sovereign. Other […]

  • Security-Based Swap Dealer

    Concept of Security-Based Swap Dealer in Futures TradingIn this context of financial law, the following is a definition of Security-Based Swap Dealer: A swap dealer that deals in security based swaps under SEC regulation. See 7 USC 1a(43).

  • Sealed Bid Auction

    Concept of Sealed Bid Auction in Futures TradingIn this context of financial law, the following is a definition of Sealed Bid Auction: A form of auction where buyers submit one concealed bid (or sellers submit one concealed offer, in the case of a reverse auction). After a round of bidding has […]

  • Settlement Costs

    Settlement Costs in the Context of Mortgage RefinancingsIn this context, a definition of Closing (or Settlement) Costs may be distilled, worded as follows: Fees paid when you close (or settle) on a loan. These fees may include application fees; title examination, abstract of title, title […]

  • Security Futures Product

    Concept of Security Futures Product in Futures TradingIn this context of financial law, the following is a definition of Security Futures Product: A security future or any put, call, straddle, option, or privilege on any security future. See 7 USC 1a(45).

  • Settlement

    Concept of Settlement in Futures TradingIn this context of financial law, the following is a definition of Settlement: The act of fulfilling the delivery requirements of the futures contract.

  • Security Interest

    Security Interest in relation to Home Equity Lines of CreditIn this context, a definition of Security Interest is provided: If stated in your credit agreement, a creditor’s, lessor’s, or assignee’s legal right to your property (such as your home, stocks, or bonds) that secures payment of your […]

  • Security-Based Swap

    Concept of Security-Based Swap in Futures TradingIn this context of financial law, the following is a definition of Security-Based Swap: Any agreement, contract, or transaction that otherwise meets the definition of a swap but is also designated a security by the Securities Exchange Act of […]

  • Security-Based Swap Execution Facility

    Concept of Security-Based Swap Execution Facility in Futures TradingIn this context of financial law, the following is a definition of Security-Based Swap Execution Facility: A swap execution facility regulated by the SEC where security-based swaps are executed.

  • Segregation of Funds

    Concept of Segregation of Funds in Futures TradingIn this context of financial law, the following is a definition of Segregation of Funds: The requirement that FCMs keep customer funds such as margin deposits separate from the firms’ own funds.

  • Security Deposit

    ResourcesSee AlsoMargin Futures Trading Consumer Protection Consumer Finance

  • Settlement Price

    Concept of Settlement Price in Futures TradingIn this context of financial law, the following is a definition of Settlement Price: The daily price at which the clearing organization clears all trades and settles all accounts between clearing members of each contract month. Settlement prices are […]

  • Separate Trading of Registered Interest and Principal Securities

    Concept of STRIPS (Separate Trading of Registered Interest and Principal Securities) in Futures TradingIn this context of financial law, the following is a definition of STRIPS (Separate Trading of Registered Interest and Principal Securities): A book-entry system operated by the Federal […]

  • Self-Regulatory Organization

    Concept of Self-Regulatory Organization (SRO) in Futures TradingIn this context of financial law, the following is a definition of Self-Regulatory Organization (SRO): Exchanges and registered futures associations that enforce financial and sales practice requirements for their members. See […]