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
S
- Safekeeping
- Holding of securities on behalf of clients. They are free to sell at any time.
- SCL
- Settlement organization and custodian of Spanish securities.
- Scrip dividends
- Scrip dividends options provide shareholders with the choice of receiving dividend entitlements in the form of cash, shares or a combination of both. The amount of stocks to be distributed under a scrip option is calculated by dividing the cash dividend amount by the average market price over a recent period of time.
- Scrip issue
- See Bonus issue.
- SEATS Plus
- An order-driven system used on the London Stock Exchange for securities which do not attract at least two firms of market-makers and for all AIM securities.
- Secondary market
- Marketplace for trading in existing securities. The price at which they are trading has no direct effect on the company s fortunes but is a reflection of investors perceptions of the company.
- Securities
- Bonds and equities.
- Securities house
- General term covering any type of organization involved in securities although usually reserved for the larger firms.
- Securities lending
- Loan of securities by an investor to another (usually a broker dealer), usually to cover a short sale.
- Securities and futures authority (SFA)
- Prior to the FSA assuming its full powers, it was the SRO responsible for regulating securities and futures firms.
- Securities and investments board (SIB)
- Former name of the Financial Services Authority.
- SEDOL
- Stock Exchange Daily Official List, a securities numbering system assigned by the International Stock Exchange in London.
- Segregated account
- Account in which there is...
Copyright David Loader 2002 under license agreement with Books24x7
