F

Face value: The value of a bond, note, mortgage or other security that appears on the face of the issue, unless the value is otherwise specified by the issuing company. Face value is ordinarily the amount the issuing company promises to pay at maturity. It is also referred to as par or nominal value.
Failed transaction: A securities transaction that does not settle on time; i.e. the securities and/or cash are not exchanged as agreed on the settlement date.
Final settlement: The completion of a transaction when the delivery of all components of a trade is performed.
Financial futures/options contracts: Financial futures is a term used to describe futures contracts based on financial instruments such as...

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Controls, Procedures and Risk