X-Nico

unusual facts about Financial instrument


Demand guarantee

The essence of the instrument is the promise to answer for the duty of another should the other default.


Indian Depository Receipt

An Indian Depository Receipt (IDR) is a financial instrument denominated in Indian Rupees in the form of a depository receipt created by a Domestic Depository (custodian of securities registered with the Securities and Exchange Board of India) against the underlying equity of issuing company to enable foreign companies to raise funds from the Indian securities Markets.

Inter-connected Stock Exchange of India

Trading in the cash segment is thus confined to NSE and BSE only, with the share of the latter, which used to account for over 70 percent of the all-India volume of trading till 1995, is also progressively declining.


see also

Let Wall Street Pay for the Restoration of Main Street Bill

Swaps between two firms on certain benefits of one party's financial instrument for those of the other party's financial instrument would pay a 0.02 percent tax

Sakk

The singular form of Sukuk, a type of financial instrument compliant with Islamic law.