Timothea

What Is an Opening Cross?

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An opening cross is a term used in trading to describe the process of opening a trade at the same time as another trader. This is done by placing an order to buy or sell at the same time as another order is placed to buy or sell the same security. Opening crosses typically occur … Read more

Debenture Redemption Reserve.

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A debenture redemption reserve is a fund created by a company out of its profits to redeem its debentures on maturity. The size of the reserve is generally equal to the face value of the debentures to be redeemed. The purpose of the reserve is to provide the company with a source of funds to … Read more