Securities Industry Automation Corporation
Securities Industry Automation CorporationIn the US, SIAC operates the New York and American Stock Exchanges automation and communications systems to support trading, market data reporting, and surveillance activities. SIAC also supports the NSCC's nation-wide clearance and settlement systems and it is the systems processor for industry-wide National Market System components, such as CTS,CQS, and ITS. SIAC is jointly owned by the NYSE and AMEX.
Corporation taxCorporation tax
A tax payable by a company on its profits. The full rate is 30%, but there is a lower rate for small companies.
Instinet (Institutional Networks Corporation)Instinet (Institutional Networks Corporation)
Computerized subscriber service that serves as a vehicle for the fourth market. "Instinet" is registered with the SEC As a stock exchange it numbers among its subscribers a large number of mutual funds and other institutional investors linked to each other by computer terminals. The system permits subscribers to display bids and offers (which are exposed system wide for whatever length of time the initiating party specifies) and to consummate trades electronically. Instinet is largely used by market makers, but, nonmarket makers and customers have equal access.
Federal Deposit Insurance CorporationFederal Deposit Insurance Corporation
In the US, the federal agency that acts as guarantor for funds deposited in member banks.
Section 352 of the Income and Corporation Taxes Act 1988Section 352 of the Income and Corporation Taxes Act 1988
See 'certificate of deduction of tax'.
National Association of Investors CorporationNational Association of Investors Corporation
A Michigan-based association that helps groups establish investment clubs.
Further SuggestionsAffiliated corporation
International Finance Corporation (IFC)
Resolution Trust Corporation (RTC)
Financing Corporation (FICO)
National Securities Clearing Corporation
Freddie Mac (Federal Home Loan Mortgage Corporation)
Edge Act corporation
closely held corporation
Articles of incorporation
Pension Benefit Guaranty Corporation (PBGC)
Quasi public corporation
Options Clearing Corporation (OCC)
Federal Home Loan Mortgage Corporation (FHLMC)
advance corporation tax
Resolution Funding Corporation (RefCorp)
Domestic International Sales Corporation
Domestic International Sales Corporation (DISC)
Securities Investor Protection Corporation