Author name: S. Manocha

What is Currency Peg?

Integration of the world markets enabled free trade and price determination in terms of products, securities and even currencies. Currency trading enabled determination of exchange rate by market demand and supply. However, the central banks of every country want to ensure that speculators do not create excess volatility in the domestic currency making an unnecessary […]

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What are Collateralized Debt Obligations (CDOs)?

Collateralized Debt Obligations (CDOs) were an advancement of securitization. While in securitization, the securities issued by Special Purpose Vehicle (SPV) are backed by the loans and receivables, the CDOs are backed by pool of bonds, asset backed securities, REITs, and other CDOs. Accordingly, it covers both Collateralized Bond Obligations (CBOs) and Collateralized Loan Obligations (CLOs).

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Depository and Depository Participants- Meaning, Benefits and Services

What is a Depository? A depository is simply defined as a place where things are stored. In financial terms, depository refers to an institution or an organization which holds securities in De-Mat (Dematerialized) Form for all shares, debentures, mutual funds, derivatives, F&O’s and commodities.   US Depository DTCC also known as the Depository Trust &

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