Skip to main content

Questions tagged [securities]

A security (also known as a financial instrument) is a tradable asset of any kind. For questions related to a specific asset class, use a specific tag, e.g. "stock" or "bond".

Filter by
Sorted by
Tagged with
0 votes
1 answer
81 views

Do Treasury Inflation Protected Securities (TIPS) pay variable interest?

My Securities Industry Essentials License Exam Manual from Kaplan says the following: However, Investopedia says: As a result, investors receive higher interest or coupon payments as inflation rises....
Cotton Headed Ninnymuggins's user avatar
0 votes
0 answers
43 views

What does "origine: pur ordinaire" mean in the list of stocks in a French brokerage account?

What does "origine: pur ordinaire" mean in the list of stocks in a brokerage account? I understand that an "action ordinaire" means: An ordinary share is a type of share that ...
Franck Dernoncourt's user avatar
1 vote
2 answers
123 views

Wash Trade Definition - market abuse

I am a bit new to trading and hope that I am making this post in the appropriate place to ask. I saw a few questions on wash trading but I am still a bit confused on the specifics (I describe a ...
jerrymchillin67's user avatar
0 votes
1 answer
46 views

How to compare "block lists" for brokerages?

I currently invest with Merrill Edge and they have a fairly strict "block list" and don't allow many high risk securities to be purchased. Here is an example: Merrill Edge blocks active ETFs?...
Chirag Patel's user avatar
  • 1,141
0 votes
0 answers
52 views

anyone know how to solve this real option problem (derivative securities)?

The purpose of the question is to determine the 'replicating portfolio' of options that is equivalent to the project described. The equation for the profits from the project should be: $25M - 10,000*(...
seamus's user avatar
  • 1
-1 votes
1 answer
584 views

What are the pros and cons, if any, of purchasing Treasury securities at a reopened auction (vs. a new, non-reopened auction)?

I read on treasurydirect.gov: When we hold a reopening auction, we are selling additional amounts of a previously issued security. This is reflected in the Tentative-Auction-Schedule.pdf. What are ...
Franck Dernoncourt's user avatar
5 votes
3 answers
354 views

Most cost effective way to realize profits?

Selling a security at a loss is subject to wash sale rules in the US, but selling a security at a gain is not. While they are rare, there are a few situations in which an investor might want to ...
Person's user avatar
  • 151
1 vote
1 answer
77 views

How would one profit from an accurate forecast of tomorrow's price varience?

If one had a reasonably accurate forecast of the variance of the price of some market security, such that one knows approximately what the price variance will be tomorrow, but not whether the price ...
andrewH's user avatar
  • 111
0 votes
1 answer
94 views

Do in-kind security transfers from a US broker to another US broker keep track of the cost bases and holding periods?

If the specific US brokers matter, securities would move from Fidelity to Charles Schwab.
Franck Dernoncourt's user avatar
0 votes
1 answer
45 views

In what case(s) does moving assets from a US broker to another US broker incur capital gains taxes?

I read on https://www.investingsimple.com/transfer-fidelity-to-charles-schwab/: Before you [move assets from Fidelity to Charles Schwab], you ought to be aware of potential capital gains taxes. You ...
Franck Dernoncourt's user avatar
0 votes
0 answers
86 views

Is is possible to store securities outside of a bank/brokerage?

Is is possible to store securities outside of a bank/brokerage? It would like to hold them myself or store them with an entity with minimal exposure to the market. E.g. in the past stocks were held in ...
Toaster's user avatar
  • 265
1 vote
1 answer
98 views

Inflation Protected Bonds, How to find an index of them?

I came across TIPS in Graham’s security analysis book. I attempted to find them on DEGIRO but and found indices of such: iShares $ TIPS UCITS ETF EUR Hedged (Acc) Q1: How do you decipher that? Q2. Is ...
oliverfrost's user avatar
1 vote
0 answers
265 views

Old Paper Stock Certificates Bought at Estate Auctio

I found two very very old stock Certificates inside a book that I bought at an Estate Sale being sold by an Auction Company. I received a bill of sale from the auction company for the contents of the ...
user avatar
1 vote
0 answers
50 views

SEC Form D - Are Founders Investors?

Main Question: Are Founders considered "investors" for purposed of filing the SEC's Form D? Context: I am starting a corporation with 2 others. We have set up Restricted Stock Purchase ...
user avatar
1 vote
3 answers
91 views

Do options contracts give you cash or the underlying?

Whenever I read about options valuation, it's phrased in terms of payoff diagrams. For European options, the value at expiry is the difference between the strike and the market price of the underlying ...
Oden Petersen's user avatar
3 votes
0 answers
219 views

How can I know which underlying security an F share represents?

From my understanding, "F shares" are created by US broker-dealers to show quotes of foreign securities in USD (source: FAQ on F Shares - OTC Markets). If I know the symbol of an F share, is ...
Flux's user avatar
  • 17.1k
4 votes
1 answer
717 views

Is it illegal to advertise stock tickers on billboards/social platforms/etc?

Potential answer: Is leveraging notoriety to raise stock prices illegal in the US? I'm having trouble finding an answer to this and given all the turmoil in the markets recently, I'm having a hard ...
Jacob Barnes's user avatar
23 votes
6 answers
6k views

How does the WallStreetBets community benefit from buying poorly performing stocks?

According to Allison Morrow, Everything you need to know about how a Reddit group blew up GameStop's stock, CNN Business, January 28, 2021. the subreddit r/wallstreetbets is buying, en masse, stocks ...
neubert's user avatar
  • 3,832
2 votes
1 answer
267 views

What are the risks of placing limit orders on illiquid securities without knowing the Level 2 quotes?

I only have access to Level 1 quotes (best bid and ask) for some illiquid securities. Suppose I place a buy limit order on such a security based only on the Level 1 quotes. What are the risks I could ...
Flux's user avatar
  • 17.1k
3 votes
2 answers
588 views

Why do market makers sometimes quote absurd bid and ask prices rather than remove their quotes?

The image below shows the Level 2 bids for Fortescue Metals Group Ltd (OTCQX: FSUMF) on 2020-10-07 10:20 am: Notice the 0.01 × 10,000 bid by NITE (Virtu Americas LLC), which is extremely unlikely to ...
Flux's user avatar
  • 17.1k
0 votes
1 answer
84 views

How important is it to read a company's articles of incorporation and corporate bylaws before buying its securities?

I am advised to read bond prospectuses before buying bonds because "every bond issue is different". The same advice is also given when investing in preferred stocks. When it comes to buying ...
Flux's user avatar
  • 17.1k
3 votes
2 answers
2k views

Is a mortgage-backed security something retail investors can buy?

Is a mortgage-backed security (MBS) something retail investors can buy? If so, what can make MBS a bad investment?
Joe Jobs's user avatar
  • 155
0 votes
4 answers
514 views

What are the reasons a private company doesn't want to be on the stock market?

What are reasons a company does not want to be or is not on the stock market?
CSD's user avatar
  • 107
2 votes
2 answers
3k views

What is the difference between ADRs and New York Registry Shares?

I was looking at quotes of securities traded on OTC Markets: Look at the "SEC TYPE" column. Both ADRs and New York Registry Shares (NYRS) seem to be used by foreign-listed securities to ...
Flux's user avatar
  • 17.1k
2 votes
1 answer
1k views

What's the difference between a fund and a security?

I have always used the terms synonymously but I think there is technically a different between the two. For example, given two seemingly similar assets, one is classified a security and the other a ...
skube's user avatar
  • 312
0 votes
1 answer
113 views

Explaining prepayment risk

Regarding MBS I understand that as rates fall people with mortgages will want to refinance and thus mortgage prepayments will increase, causing the life of the MBS to decrease and for the investor to ...
Skrrrrrtttt's user avatar
0 votes
2 answers
268 views

Is this a wash sale violation?

The following lots of stock A have been purchased: Lot 1: 5/28/18 100 shares for $1,000 Lot 2: 6/04/18 100 shares for $1,500 Lot 3: 9/10/18 100 shares for $1,100 Transaction in question: 9/...
schiebermc's user avatar
0 votes
0 answers
3k views

What is today's equivalent of the ABX.HE index from the mid 2000s that tracked subprime mortgage market?

Does anyone know what the current day index is and where I can find it?
Anton's user avatar
  • 101
1 vote
3 answers
168 views

Compliant investing

After saving for a couple of years, about half a year's salary has accumulated in my savings account and I now want to start investing long term in index funds, however if I open a securities account ...
user3656550's user avatar
0 votes
1 answer
83 views

Wash Sales - Applied to Options

Does anyone know how to account for wash sale that attached based on purchasing options where the last transaction was the purchase of an option that expired worthless? The issue is that there is no ...
Option Hunter's user avatar
1 vote
3 answers
164 views

Axiomatic approach to money, securities and other instruments? [closed]

As I read about cash, stocks, bonds, derivatives, etc., I can't help but wonder why there are so many diverse financial products out there. Any pointers to axiomatic treatment that explains ...
Vimal's user avatar
  • 121
4 votes
0 answers
2k views

Morningstar secId computation or ISIN mapping?

Morningstar seem to have a particular identifier for stocks and funds, which is called a SecId. The Morningstar® SecId is a 10 character alpha numeric code. Each individual investment is ...
Carmellose's user avatar
1 vote
1 answer
67 views

What reason do we have to believe ratings agencies will do their jobs on ABS's?

I was reading: http://people.stern.nyu.edu/igiddy/ABS/absasia.pdf for a high level overview of the construction of Asset Backed Securities as I found out recently that securitization has come to an ...
Sidharth Ghoshal's user avatar
16 votes
3 answers
2k views

Why is GnuCash now tracking share prices in fractions?

Prior to the update to version 3 (ie, the 2.6 branch), all my funds were tracked with decimal values. Now, they're all fractions... and odd ones, at that. Do I really care that shares went from ...
Benjamin Chambers's user avatar
3 votes
1 answer
2k views

Tracking Stocks in gnucash: Total amount shown in the ledger is wrong

I recently started buying some stocks and track them with gnuCash. I used the gnuCash manual to get started. Basically I have Assets:Broker Account where I transfer money. From this account I buy ...
divB's user avatar
  • 375
1 vote
2 answers
170 views

Are chart patterns for securities self-fulfilling prophesies?

I have been reading about various common chart patterns, such as head and shoulders etc, and it seems like these patterns could be self-fulfilling prophesies since many investors are aware of them and ...
riccio's user avatar
  • 21
0 votes
1 answer
120 views

Security Identifer

I have very basic knowledge about ISINs, Tickers, SEDOLs etc. But I am still unable to understand if there is a unique combination of ISIN_Ticker that exists for each security. For example, if I want ...
M.S's user avatar
  • 1
1 vote
1 answer
484 views

Variations of Dual momentum

In his seminal book Dual Momentum Investing, Gary Antonacci introduces a simple Global Equities momentum strategy, which is supposed to generate consistent excess returns by switching between S&...
user1934212's user avatar
6 votes
1 answer
918 views

What dictates the costs of creating an options contract? (Commissions breakdown)

What are the exact components of options commissions? In other asset classes like stocks, I can clearly see the evolution of regulatory changes that allowed businesses to compete on the price of ...
CQM's user avatar
  • 20.2k
10 votes
4 answers
3k views

Ways to get individual securities from ETF's

Is there a easy way to automatically (ie. through an API or something, not through just reading a prospectus) get information about an ETF's underlying securities? I'd like to write an application ...
nobody's user avatar
  • 451
1 vote
2 answers
263 views

Explain this passage from The Intelligent Investor?

Reading The Intelligent Investor and came across a passage (pg 48) which I felt I couldn't fully grasp. I'd appreciate it if someone could explain it using simpler language: Toward the end of 1971 ...
user1340033's user avatar
2 votes
1 answer
150 views

How does trade generate profits for all parties? [closed]

Stupid question, i know, but I'm not financially literate enough and couldn't find proper keywords for Google search on my question. The question arises from the logic that all traders whether in ...
Allahjane's user avatar
  • 121
4 votes
1 answer
199 views

Are American Eagle $20 gold coins considered "securities", requiring dealers to be licensed to sell them as such?

I wonder if anyone can tell me whether U.S. $20 American Eagle gold coins are considered to be "securities" for purposes of sale? In other words, if I want to start a business that buys/sells them to ...
Daniel Anderson's user avatar