Male C. Pig a.k.a. Svinopolist (piggymouse) wrote,
Male C. Pig a.k.a. Svinopolist
piggymouse

  • Location:

[quote,finance] QotD

Читать медленно, с выражением, закатив глаза.

(e) Exceptions to Rule

The foregoing requirements of this Rule are subject to the following exceptions:

(1) Offsetting Long and Short Positions. — When a security carried in a "long" position is exchangeable or convertible within a reasonable time, without restriction other than the payment of money, into a security carried in a "short" position for the same customer, the margin to be maintained on such positions shall be 10% of the current market value of the "long" securities. When the same security is carried "long" and "short" the margin to be maintained on such positions shall be 5% of the current market value of the "long" securities. In determining such margin requirements "short" positions shall be marked to the market.

Меня больше всего очаровывает "without restriction other than the payment of money".

Tags: finance, quote
Subscribe

  • Carlyle on blind deference to data (from "Chartism")

    A witty Statesman said you might prove anything by figures. We have looked into various statistic works, Statistic-Society Reports, Poor-Law…

  • From Stenbock's "Faust"

    I said, continuing my enquiry (which was both official and ecclesiastical), ‘You must tell me exactly about it. I know that you monks,…

  • The Secret People

    В связи с событиями в Великобритании один умный коллега ссылался на Киплинга, но другой, куда более умный коллега ссылался всё-таки на Честертона.…

  • Post a new comment

    Error

    Anonymous comments are disabled in this journal

    default userpic

    Your IP address will be recorded 

  • 0 comments