Investments & Financial Planning

An indenture spells out the specific terms of a bond, as well as the rights and responsibilities of both the issuer of the security and the holder. Indenture is a agreement between the lender and borrower that details specific terms of the bond issuance. It specifies legal obligations of bond issuer and rights of bondholders.

The Canadian Exchange Group is an association among the Montreal Exchange, the Toronto Stock Exchange, the Vancouver Stock Exchange, the Alberta Stock Exchange, and the Winnipeg Stock Exchange for the purpose of providing Canadian market data to customers outside Canada.

Butterfly spread strategy applies to derivative products. It is a complicated option strategy that involves selling 2 calls and buying 2 calls on the same or different markets, with several maturity dates. One of the options has a higher exercise price and the other has a lower exercise price than the other 2 options. The payoff diagram resembles the shape of a butterfly.

Bullion coins are metal coins consisting of gold, silver, platinum, or palladium that are actively traded on exchanges. Some examples include the American eagle and the Canadian maple leaf. Their price is directly connected to the underlying price of their metal.

A brokered Certificate of Deposit is a certificate of deposit issued by a bank or thrift institution bought by a brokerage firm in bulk for the purpose of reselling to their brokerage customers. A broker Certificate of Deposit features a higher interest rate, usually 1 percent higher, and is FDIC insured and do not usually have commissions.

Arbitrage bonds are municipality issued bonds issued intended to gain an interest rate advantage by refunding a higher rate bond in ahead of their call date. Lower rate refunding issue proceeds are invested in Treasuries until the first call date of the higher rate issue.

Albania Bursa e Tiranes (Tirana Stock Exchange) Armenia Armenian Stock Exchange (Armex) Austria Wiener Börse (Vienna Stock Exchange) Belarus Belarusian Currency and Stock Exchange Belgium Euronext Brussels Bosnia and Herzegovina Banja Luka Stock Exchange Sarajevo Stock Exchange (SASE) Bulgaria Bulgarian Stock Exchange (BSE) Sofia Commodity Exchange (SCE) Croatia Zagrebacka Burza (Zagreb Stock Exchange) Cyprus Cyprus Stock Exchange (CSE) Czech Republic Prague Stock Exchange RM-SYSTEM (Czech Securities Exchange) Denmark OMX Copenhagen Estonia Tallinn Stock Exchange (division of OMX Nordic Exchange) Finland OMX Helsinki France Euronext Paris Georgia Georgian Stock Exchange (GSE) Germany Börsen AG (consolidates Hamburg and Hannover Stock Exchanges) Börse Berlin Equiduct Trading (owner Berlin Stock Exchange) Börse Düsseldorf (Düsseldorf Exchange) Börse München (Munich Exchange) Boerse Stuttgart (Stuttgart Exchange) Bremer Baumwollbörse (Bremen Cotton Exchange) Deutsche Börse (incorporates Frankfurt Stock Exchange) European Energy Exchange (EEX) Hamburger Börse (Hamburg Exchange) RMX Risk Management Exchange Greece Athens Exchange (ATHEX) Hellenic Exchanges Group (HELEX - EXAE) (consolidates Athens Exchange, Athens Derivatives Exchange and Thessaloniki Stock Exchange) Hungary Budapest Stock Exchange (BSE) Iceland Iceland Stock Exchange (ICEX, owner OMX Nordic Exchange) Ireland Irish Stock Exchange Italy Borsa Italiana (Italian Stock Exchange, acquired by the London Stock Exchange) Latvia Riga Stock Exchange (division of OMX Nordic Exchange) Lithuania Vilnius Stock Exchange (division of OMX Nordic Exchange) Luxembourg Luxembourg Stock Exchange Macedonia Macedonian Stock Exchange Malta Malta Stock Exchange Moldova Moldova Stock Exchange The Netherlands Euronext Amsterdam jaarverslag.info (annual reports of all Dutch listed companies) Norway Oslo Stock Exchange Poland MTS-CeTO Warsaw Commodity Exchange (WGT) Warsaw Stock Exchange (WSE) Portugal Euronext Lisbon Romania Bucharest Stock Exchange Bursa Moldovei Iasi (Iasi Romanian Commodities Exchange) Sibex (Sibiu Monetary-Financial and Commodities Exchange) Bursa Romana de Marfuri (Romanian Commodities Exchange) Russia Moscow Interbank Currency Exchange (MICEX) Moscow Stock Exchange Russian Trading System Stock Exchange (RTS) Samara Currency Interbank Exchange St. Petersburg Currency Exchange (SPCEX) St. Petersburg Stock Exchange Siberian Interbank Currency Exchange Ural Regional Currency Exchange Serbia Belgrade Stock Exchange Produktna Berze Novi Sad (Novi Sad Commodity Exchange) Slovak Republic Burza Cenných Papierov v Bratislave (Bratislava Stock Exchange) Slovenia Ljubljanska Borza (Ljubljana Stock Exchange) Spain Bolsas y Mercados Espanoles (BME) (consolidates Madrid Stock Exchange, Barcelona Stock Exchange, Bilbao Stock Exchange, Valencia Stock Exchange, MEFF AIAF SENAF Holding de Mercados Financieros, BME Consulting (operates in Latin America), and MAB (organised trading system)) Sweden OMX Stockholm (division of OMX Nordic Exchange) Switzerland Swiss Exchange (SWX) Turkey Ankara Ticaret Borsasi (Ankara Commodity Exchange) Istanbul Ticaret Borsasi (Istanbul Commodity Exchange) Istanbul Gold Exchange Istanbul Stock Exchange (ISE) Izmir Mercantile Exchange (IME) Polatli Grain Exchange Ukraine PFTS Stock Exchange Ukrainian Agrarian Mercantile Exchange Ukrainian Stock Exchange United Kingdom Baltic Exchange (source of maritime market information for the trading and settlement of physical and derivative contracts) Euronext - Liffe (formerly London International Financial Futures and Options Exchange) LCH.Clearnet London Metal Exchange London Stock Exchange PLUS (equity stock exchange)

Australian Stock Exchanges Australian Securities Exchange (ASX) Bendigo Stock Exchange (BSX) NSX National Stock Exchange of Australia

It is a feature allowing fund holders to use an earlier date on a letter of intent to invest in a mutual fund in exchange for a reduced sales charge. It Gives retroactive value to purchases from the earlier date.