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Exact(7)
Selling begets selling; interest rates spike.
In very large, active markets, the auction is continuous, occurring throughout the day's trading session and for any security in which there is buying and selling interest.
It got into selling interest rate swaps to business customers, and along with other 'customer redress', that accounts for another £48m of provisions.
That would offer a more comprehensive view of buying and selling interest and let small investors form more informed views of where the market is heading.
Those organizations that really have large buying and selling interest.
Says another secondary investor, who also asked not to be identified for this story, "We're seeing an enormous uptick in inbound selling interest".
Similar(50)
He works in Atlanta, selling interest-rate swaps to banks, insurance companies and financial technology companies.
If enough traders acted together, they would have got around the BBA's topping-and-tailing safeguard and banks would have been selling interest-rate bets at the same time as distorting interest rates.
Other companies face similar hurdles to selling interests to raise cash.
Those practices included selling interests in the company's for-profit hospital to the doctors who admitted patients to them, which had raised suspicions of improper kickbacks.
Last August, a wave of risk aversion in the advent of Y2K prompted capital market participants to lay off risk, mainly by selling interest-rate swaps.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com