The actual paper evidencing ownership of a security. Certificates may be issued in registered or bearer form. The bondholder does not receive a certificate of ownership. The benefit of certificateless municipals is that investors do not have to transfer certificates when they sell the bonds. A money market instrument issued by banks that has a set interest rate and maturity date.
Maturities can range from a few weeks to several years.
The analyst will plot the patterns of stocks, bonds and commodities to formulate buy and sell recommendations for clients. Amongst others, some examples are the British pound, Canadian dollar, French franc, and the Japanese yen. In addition, futures and futures options are traded on such vehicles as indexes, live cattle, pork bellies and lumber. The first completely automated stock exchange that transacts members' orders without having an actual trading floor. Orders are placed and executed via computers.