A department of an Exchange or a separate legal entity that provides a range of services related to the clearing and settlement of trades and management of risks associated with the resulting contracts. A Clearing House is a central counterparty to all trades, that is, the buyer to every seller and the seller to every buyer
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An order to buy or sell a specified number of shares when a specified price is reached.
The excess subscription amount received by the company in case of an oversubscribed IPO is called oversubscription.
Alternative Investment Fund or AIF means any fund established or incorporated in India which is a privately pooled investment vehicle which collects funds from sophisticated […]
Allotment on a firm basis in public issues by an issuing company to financial institutions, mutual funds, overseas corporate bodies, foreign portfolio […]