Corporate and Investment Banking by Fidelio Tata
Author:Fidelio Tata
Language: eng
Format: epub
ISBN: 9783030443412
Publisher: Springer International Publishing
Traders have IDB broadcasts that display live trading prices directly from inter-dealer brokers; they are commonly referred to as “screens.” Traders can execute either by calling direct phone lines (“voice broking”) or online through IDM software (“electronic broking”).
Prices in the US Treasury market are quoted as clean prices (without accrued interest) in the fractional, or tick, format: 102-086 means:102
“Handle” or “Big figure” giving the percentage price
-
Dash
08
32nds of a percentage
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