Search results
Results from the WOW.Com Content Network
The Truganina Swamp became a haven for motorbike and trailbike riders and a dumping ground for cars and industrial rubbish. [15] The Friends of Westona Wetlands were formed in 1993 [ 12 ] and had persuaded Melbourne Water to install a fence to keep out illegal traffic and prevent access to ecologically-sensitive areas of the Swamp. [ 15 ]
A clearing house is a financial institution formed to facilitate the exchange (i.e., clearance) of payments, securities, or derivatives transactions.The clearing house stands between two clearing firms (also known as member firms or participants).
Port Phillip Prison is a maximum security prison located at Truganina, Victoria, Australia It is Victoria's largest maximum security prison, able to accommodate up to 1117 prisoners. [ 2 ] The prison is privately operated on behalf of the Government of Victoria by G4S Australia Pty Ltd . [ 3 ]
In trading, clearing is necessary because the speed of trades is much faster than the cycle time for completing the underlying transaction. It involves the management of post-trading, pre-settlement credit exposures to ensure that trades are settled in accordance with market rules, even if a buyer or seller should become insolvent prior to settlement.
Treasury bonds (T-bonds, also called a long bond) have the longest maturity at twenty or thirty years. They have a coupon payment every six months like T-notes. [12] The U.S. federal government suspended issuing 30-year Treasury bonds for four years from February 18, 2002, to February 9, 2006. [13]
3 mod 10 = 3 So the ISIN check digit is still three even though two letters have been transposed . Such flaw against a single transposed pair of letters or digits would have been avoided using two check digits instead of just one (i.e., a 97 modulus instead of the 10 modulus, like in IBAN numbers which may also mix letters and digits).
Tick size is the smallest increment (tick) by which the price of stocks, [4] futures contracts [5] or other exchange-traded instrument can move.. The purpose of having discrete price levels is to balance price priority with time priority.
The index includes all fixed-rate bonds with a remaining maturity of one year or longer and with amounts outstanding of at least the equivalent of US$25 million. Government securities typically exclude floating or variable rate bonds, US/Canadian savings bonds and private placements. It is not possible to invest directly in such an index.