User Account

All Pages

What is meant by proprietary trading

Assignment Help Finance Basics
Reference no: EM131288955

The following excerpt if from the notes to the financial statements in the 2009 Annual Report of Bank of America (p. 147):

The Corporation enters into trading derivatives to facilitate client transactions for proprietary trading purposes, and to manage risk exposures arising from trading assets and liabilities.

a. What is meant by "proprietary trading"?

Reference no: EM131288955

Questions Cloud

Create a spreadsheet that will allow your manager to play : Determine the layout and formatting of the spreadsheet, along with the correct formulas to solve the problem. Be sure to apply the heuristics of good spreadsheet design. Be sure the user can quickly and easily identify the input and output area. B..
Provides server authentication-data confidentiality : Transport Layer Protocol, provides server authentication, data confidentiality, and data integrity with forward secrecy (i.e., if a key is compromised during one session, the knowledge does not affect the security of earlier sessions).
What are the risks associated with merchant banking : Recent legislation has expanded the merchant-banking activity that is permissible to commercial banks and is therefore likely to spur interest in this lucrative specialty on the part of a greater number of such institutions.
Explain what sql is and its functions : Explain what SQL is and its functions. What do you enjoy the most about learning SQL? What you find the most difficult?
What is meant by proprietary trading : The Corporation enters into trading derivatives to facilitate client transactions for proprietary trading purposes, and to manage risk exposures arising from trading assets and liabilities.
Describe the volcano and its type : Choose a volcano found on other bodies of our solar system from the website below. Describe the volcano and its type, list its location and provide an example of a similar volcano here on Earth. Where might the extraterrestrial volcano be found i..
Challenges in formatting a 2013 document : What might be some challenges in formatting a 2013 document? What are the added values in formatting a documenting?
How could the data be used to impact passengers experiences : How could these data be used to impact airline passengers' experiences? Consider areas such as ticket purchasing, cost, safety, customer service, or any other area that may come to mind.
What is meant by asymmetric information by nature : What distinguishes a spot market from a derivatives market? What distinguishes the money market from the capital market? How does the efficiency of a market affect an investor's strategy?

Reviews

Write a Review

Finance Basics Questions & Answers

  If these values remain constant what is the horizon value

you are given the following forecasted information for the year 2006 sales 300000000 operating profitability op 6

  Calculate the us dollar translated figures

Calculate the U.S. dollar-translated figures for the two ending time periods, assuming that between December 31, 2112, and December 31, 2113, the euro has appreciated against the U.S. dollar by6%.

  What is the npv of the decision to purchase a new machine

a firm is considering an investment in a new machine with a price of 18 million to replace its existing machine. the

  Computation of current yield of a bond

Computation of current yield of a bond and They have a 6-year maturity, an annual coupon of $85

  What value would you expect your portfolio

If you have a portfolio with a market value of $1,000,000 and a beta (measured against the S&P 500) of 0.7, then if the market rises by 9.6 percent, what value would you expect your portfolio to have?

  Dividend based problems

Stock X has a required return of 12%, a dividend yield of 5%, and its dividend will incease at a constant rate forever. Stock Y has a required return of 10%, a dividend yield of 3%,

  What is the project discounted payback period

Assume that the appropriate discount rate is 10% and that the firm's tax rate is 40%. What is the project's discounted payback period?

  To be classified as short-term investments debt investments

to be classified as short-term investments debt investments must be readily marketable and be expected to be sold

  Changes in a bonds cash flows associated

Changes in a bonds cash flows associated with changes in yield would be reflected in the bond's a. Effective Duration b. Modified Duration c. Macaulay Duration

  Analyzing a business

Suppose your friend, Michelle, has just purchased a buy. Because Michelle knows that you have just received your Associate's in Management at a university, she has asked for you for help in evaluating the company.

  How many shares need to be sold

If the offer price is $45 per share and the company's underwriters charge an 8.25 percent spread, how many shares need to be sold?

  Calculate the project npv

Project Health One (H1) has a cost of $76,543, it expected net cash flows are $20,000 per year for 6 years, and its cost of capital is 10%. Calculate the project's NPV.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd