Archive for May, 2009

Personal and Intangible Factors

Monday, May 18th, 2009

Several communities may remain in the running at the end of the plant location evaluation process. It is at this point that the personal and intangible attributes of communities under consideration come into prominence. These attributes can be described best in terms of community leadership and attitudes, housing, schools, recreation, ...

FUTURES EXCHANGES

Tuesday, May 12th, 2009

A futures exchange is a legal corporate entity whose shareholders are its members. The members own memberships, more commonly called seats. Exchange members have the privilege of executing transactions on the exchange. Each member acts as either a floor trader or a broker. Floor traders are typically called locals; brokers ...

DELIVERY AND CASH SETTLEMENT

Saturday, May 9th, 2009

As previously described, a futures trader can close out a position before expiration. If the trader holds a long position, she can simply enter into a position to go short the same futures contract. From the clearinghouse's perspective, the trader holds both a long and short position in the same ...