Unlisted securities market
Unlisted securities marketA market set up by the London Stock Exchange in 1980 for the trading of shares of small to medium sized companies which did not qualify for a full listing. The USM was discontinued at the end of 1996.
Lehman Brothers Mortgage Backed Securities IndexLehman Brothers Mortgage Backed Securities Index
A benchmark index that includes 15- and 30-year fixed-rate securities backed by mortgage pools of the Government National Mortgage Association (GNMA), Federal Home Loan Mortgage Corporation (FHLMC), and Federal National Mortgage Association (FNMA).
Undertakings for Collective Investment in Tradable SecuritiesUndertakings for Collective Investment in Tradable Securities
UCITs are collective funds which can be sold across national borders within the EU in accordance with the 'Undertakings for Collective Investment in Tradable Securities' Directive. For UK investors, one of their significance attributes is they can be sheltered from tax within the Stocks and Shares component of an ISA.
Securities Investor Protection CorporationSecurities Investor Protection Corporation
In the US, a non profit organisation which provides insurance for cash and securities in customer accounts held by approved brokerage firms. Brokers and dealers registered with the Securities and Exchange Commission are obliged to be members of SIPC. In the event that such a firm fails, investors are covered up to a maximum of $500,000 of which no more than $100,000 can be cash.
FT Government SecuritiesFT Government Securities
An index of a range of Government Securities (gilts) prices.
Restricted SecuritiesRestricted Securities
The term used under Rule 144 for securities issued privately by the company, without the benefit of a registration statement. Restricted securities are subject to a holding period before they can be sold under Rule 144.
Further SuggestionsMortgage Backed Securities Clearing Corporation (MBSCC)
Stripped mortgage backed securities (SMBS)
fixed income securities
Securities & Exchange Commission (SEC)
National Securities Clearing Corporation
Securities and Exchange Commission
Book entry securities
Universe of securities
Committee on Uniform Securities Identification Procedures (CUSIP)
European Association of Securities Dealers Automated Quotation
Securities Industry Association (SIA)
European Association of Securities Dealers Automated Quotation (EASDAQ)
Insider Trading & Securities Fraud Enforcement Act of 1988 (ITSFEA)
Public Securities Administration (PSA)
Securities Industry Committee on Arbitration (SICA)
Federal agency securities
Public securities offering
Gilt edged securities