What Is Instinet? Instinet is a global financial securities service that operates an electronic securities order matching, trading, and information system which allows members, primarily institutional traders, and investors, to display bids and offer quotes for stocks, and conduct transactions with each other. Instinet is an example of a dark pool of liquidity, a private
What Is the Institute of Chartered Accountants in England and Wales (ICAEW)? The Institute of Chartered Accountants in England and Wales (ICAEW) is a professional membership organization of accountants and finance professionals. With its headquarters in London, the ICAEW was created in 1880 and today boasts over 180,000 members. Key Takeaways The Institute of Chartered
What Is the Institute of Internal Auditors (IIA)? The Institute of Internal Auditors (IIA) is a certification, education, and research leader for professionals engaged in evaluating an organization’s operations and controls. Established in 1941, the Institute of Internal Auditors awards the certified internal auditor (CIA) designation, a globally accepted certification for internal auditors. The IIA
What Is the Institute Of Management Accountants? The Institute of Management Accountants (IMA) is one of the top associations for financial professionals. It offers the prestigious Certified Management Accountant (CMA) designation. The IMA’s mission is to promote education and development in management accounting and finance, advocate for the highest ethics and best business practices, and
What is Institute of Petroleum (IP) The Institute of Petroleum (IP) was a professional organization in the United Kingdom (UK). Understanding Institute of Petroleum (IP) In 2003, the Institute of Petroleum (IP) merged with the Institute of Energy to form the Energy Institute, or EI. The EI is the global professional body for the energy
What Is an Institutional Fund? An institutional fund is a collective investment vehicle available only to large institutional investors. These funds build comprehensive portfolios for their clients, offer varying market objectives, and can invest for a variety of purposes, including educational endowments, nonprofit foundations, and retirement plans. The types of institutions that invest in institutional
What Is an Instructing Bank? An instructing bank is one of the banks that play a role in a transfer of funds between two parties. The instructing bank is the one that initiates the fund transfer process, it acts as the administrator. From the customer, the instructing bank receives instructions on whom to send the
What Is an Information Circular? An information circular is a document for a company’s shareholders outlining important matters on the agenda at the annual shareholders’ meeting or a special shareholders’ meeting. The information circular also solicits proxy votes and provides procedures for voting on key issues. Some companies call an information circular a “Management Information
What Is the Information Coefficient (IC)? The information coefficient (IC) is a measure used to evaluate the skill of an investment analyst or an active portfolio manager. The information coefficient shows how closely the analyst’s financial forecasts match actual financial results. The IC can range from 1.0 to -1.0, with -1 indicating the analyst’s forecasts
What Is an Information Silo? An information silo is an information management system that is unable to freely communicate with other information management systems. Communication within an information silo is always vertical, making it difficult or impossible for the system to work with unrelated systems. Information silos can exist within a variety of businesses. Information
