Z

Stuart Valentine

A chapter in International Dictionary of the Securities Industry, 1989, pp 227-228 from Palgrave Macmillan

Abstract: Abstract Z account (UK). A type of account opened by the Bank of England to allow large dealers in the gilt-edged market, such as MARKET MAKERS, insurance companies and a few others, to register transfers of stock quickly. The account is a privilege granted to major dealers in the market in order to assist dealing and liquidity.

Keywords: Capital Gain; Market Maker; Forward Market; Interim State; Coupon Bond (search for similar items in EconPapers)
Date: 1989
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-09789-0_26

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DOI: 10.1007/978-1-349-09789-0_26

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