Relationship and Resource Management in Operations
This text explains in practical terms the importance of the business relationships with internal and external counterparts while demonstrating how things can go wrong and what causes the situation.
TABLE OF CONTENTS Relationship and Resource Management in Operations
G-I
- Gearing
- The characteristic of derivatives which enables a far greater reward for the same, or much smaller, initial outlay. It is the ratio of exposure to investment outlay, and is also known as leverage.
- Gilt
- Domestic sterling-denominated long-term bond backed by the full faith and credit of the UK and issued by the Treasury.
- Gilt-edged market-makers (GEMMs)
- A firm that is a market maker in gilts. Also known as a primary dealer.
- Gilt-edged security
- UK government borrowing.
- Give-up
- The process of giving a trade to a third party who will undertake the clearing and settlement of the trade.
- Global clearing
- The channelling of the settlement of all futures and options trades through a single counterparty or through a number of counterparties geographically located.
- Global custodian
- Institution that safekeeps, settles and performs processing of income collection, tax reclaim, multicurrency reporting, cash management, foreign exchange, corporate action and proxy monitoring etc. for clients securities in all required marketplaces.
- Global depository receipt (GDR)
- A security representing shares held in custody in the country of issue.
- Good delivery
- Proper delivery of certificates that are negotiable and complete in terms of documentation or information.
- Gross
- A position which is held with both the bought and sold trades kept open.
- GSCC
- Government Securities Clearing Corporation clearing organization for US Treasury securities.
- Guaranteed bond
- Bonds on which the principal or income or both are guaranteed by another corporation or parent company in case of default by the issuing corporation.
- Haircut
- The discount applied to the...
Copyright David Loader 2002 under license agreement with Books24x7
