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Selling begets selling; interest rates spike.
Mrs. Frame-Tunney, 31, sells interest-rate hedging instruments to financial institutions.
When bonds are sold, interest accrued since the previous interest-due date is added to the sale price.
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.
Not true he has sold interest in American Mercury, nor severed relations with H.L. Mencken, nor going to Italy to write novel.
The proposal will also give investors a better sense of the total buy and sell interest, or liquidity, available from all market participants, Nasdaq says.
£500m of losses for compensating small businesses who were wrongly sold interest rate hedging products.
Offers charts showing buy and sell interest and messages sent by traders before they place orders.
The FSA will now contact other banks which sold interest rate hedging products to see if similar mis-selling practices went on.
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.
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