Currency conversion


 

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Currency conversion

A term used by the London Stock Exchange to denote that a trade was executed in one currency but converted for trade reporting.



Similar Matches

Conversion

Conversion

The process by which a mutual organisation such as a building society changes itself into a company. Quite often accompanied by healthy payouts to members of the building society, which has attracted the interest of carpetbaggers. Also known as 'demutualisation'.The process of converting convertible loan stock in a company into ordinary shares. The right to convert is inherent in the convertible loan stock but usually you will only be allowed to convert on a particular date. The company will issue a notice to shareholders telling them when they can convert and telling them the applicable conversion ratio e.g. i.e. how many ordinary shares they can get for each unit of convertible loan stock.


Conversion parity

Conversion parity

See: Market conversion price


Conversion ratio

Conversion ratio

The rate at which people complete the desired transaction after clicking on a link, viewing an ad, etc. Expressed in terms of the total transactions completed divided by the total number of site visits or ad views.


Conversion feature

Conversion feature

Specification of the right to transform a particular investment to another form of investment, such as switching between mutual funds or converting preferred stock or bonds to common stock.


Conversion factors

Conversion factors

Rules set by the Chicago Board of Trade for determining the invoice price of each acceptable deliverable Treasury issue against the Treasury Bond futures contract.


Further Suggestions

Conversion ratio
Reverse conversion
Conversion premium
Conversion price
Conversion parity or value
Equitable Conversion
Conversion
Involuntary Conversion
conversion terms
conversion arbitrage
Limitation on conversion
Conversion Period
Conversion parity price
Conversion value
Stated conversion price


 
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