SPINNING
Spinning is also referred to as ‘IPO spinning’. It is when a brokerage firm or underwriter lures preferred customers by offering them shares in IPO with the purpose of keeping or getting their business. Both party in this deal benefits as the brokerage or underwriter creates a wider client base that loyal and the preferred customer take pleasure in the benefits such as equity gains. This idea of a mutual benefit is only in theory as many find the act of spinning as unethical or immoral.
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Payment Date
The day or date in which the declared stock dividend needs to be paid.
Present Value Interest Factor Of Annuity - PVIFA
A factor that may be used to calculate the present value of a series of annuities. The initial deposit, earning interest at the periodic rate (r), ...
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Amount of return generated from a bond. It is computed by dividing the interest paid by its current market price. Nominal yield is the most common ...
1040 Form
The Internal Revenue Service (IRS) form used to file the individual’s annual income tax return. The form is comprised of sections which requi ...
Dow Jones EURO STOXX 50
Market capitalization-weighted stock index made up of 50 huge, blue-chip European companies within the eurozone. The universe for selection is seen ...
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| Time | Country | Indices | Period |
|---|---|---|---|
| 16:00 | Leading Index | Mar | |
| 00:45 | Trade Balance | Mar | |
| 07:00 | BOJ Core CPI | Mar | |
| 14:30 | Industrial Product Price Index | Mar | |
| 14:30 | Raw Materials Price Index | Mar | |
| 15:30 | FOMC Member Patrick T. Harker Speaks | ||
| 16:00 | Consumer Confidence | Apr | |
| 16:00 | Richmond Fed Manufacturing Index | Apr | |
| 19:40 | FOMC Member Neel Kashkari Speaks |
