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non-Technical, Page 2

Futures and Options

Futures and Options represent two of the most common form of “Derivatives”. Derivatives are financial instruments that derive their value from an …

Trade Life Cycle

Every trade has its own life cycle. The entire Life Cycle of a trade can be broken down into pre-trade and post-trade …

Debits and credits

In double entry bookkeeping, debits and credits (abbreviated Dr and Cr, respectively) are entries made in account ledgers to record changes in value due to business transactions. Generally speaking, the source account for the transaction …

What is Counterparty?

A counterparty (sometimes contraparty) is a term most commonly used in the financial services industry to describe a legal entity, unincorporated entity or collection of entities …

Back office?

Operations involves data-checking trades that have been conducted, ensuring that they are not erroneous, and transacting the required transfers. Many banks have …

Middle office?

Risk management involves analyzing the market and credit risk that traders are taking onto the balance sheet in conducting their daily trades, …

Front office?

Investment banking (corporate finance) is the traditional aspect of investment banks which also involves helping customers raise funds in capital markets and …