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Tip of the Day Pay Your Bills On Time

Pay Your Bills On Time - We all get behind on our bills every once in a while, but when it becomes a constant practice it starts to cost us...

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Hang Seng Index


Hang Seng Index - Hang Seng Index is a market-weighted index of thirty-three stock certificates. This weighted index makes up approximately seventy percent of the stock market value. All the stock certificates traded are on the Stock Exchange of Hong Kong. Hang Seng Index Services Limited is a subsidiary of Hang Seng Bank. It carries many obligations to many companies and corporations. It calculates the current index. The firm calculates several other market weight indexes including an Asian weighted index. Hang Seng Index calculates a mid cap index and an index for companies traded in Hong Kong and headquartered in mainland China.

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Definition of the Day Convertible Auction Rate Preferred Stock

Convertible Auction Rate Preferred Stock - a convertible auction rate preferred stock is a certain type of an auction related preferred stock that can be converted into shares of the underlying security an underlying security is a commodity or security, which is subject to delivery when an option is exercised...

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