What Is a Bond Market Association (BMA) Swap? A Bond Market Association (BMA) swap is a type of swap arrangement in which two parties agree to exchange interest rates on debt obligations, where the floating rate is based on the U.S. SIFMA Municipal Swap Index. One of the parties involved will swap a fixed interest
What Is a Board Broker? A board broker is a member of a commodity or options exchange who is responsible for matching and executing orders as well as providing various market-making services. Board brokers occupy a similar role as the specialists employed by stock exchanges such as the New York Stock Exchange (NYSE). How Board
What Is a Board Broker System? The term board broker system refers to a method for managing the liquidity and orderly execution of orders on a commodity exchange or an options exchange. The board broker system consists of assigning specific commodities or options to members of the exchange. Those members are then responsible for acting as
What Does Board Certified In Estate Planning Mean? Board Certified in Estate Planning (BCE) was a professional certification offered by the Institute of Business & Finance (IBF). Understanding Board Certified In Estate Planning (BCE) Board Certified in Estate Planning (BCE) was a certification offered by the IBF. It is now offered as a certification known
What Is a Board Lot? A board lot is a standardized number of shares defined by a stock exchange as a trading unit. In most cases, this means 100 shares. A board lot is what the exchange determines to be a round lot. The purpose of a board lot is to minimize trading “odd lots”
What Is Board of Directors (B of D)? A board of directors (B of D) is the governing body of a company, elected by shareholders in the case of public companies to set strategy and oversee management. The board typically meets at regular intervals. Every public company must have a board of directors. Some private
What Is a Board of Governors? The term board of governors refers to a group of people that oversees or manages the running of an institution. The U.S. Postal Service, the BBC, the World Bank, numerous colleges and universities, as well as professional organizations (such as the CFA Institute), and regulatory bodies (such as the
Yellow potatoes are well suited for boiling, steaming, mashing, roasting, grilling, and au gratin dishes. ‘Yukon Gold’ is a stand-out yellow potato with a buttery-tasting flesh that you will want to try mashed, steamed, in soups and chowders, or made into potato pancakes. Because the ‘Yukon Gold’ brings its own buttery flavor to the table
Pea seedlings When the crocus and narcissus bloom, the soil is growing warm enough to begin working in the kitchen garden. And if you want a sure sign that winter in your area is past, look for the first leafing out of the birch trees and the bloom of the lilacs. Don’t rush spring if
Planting strawberries: strawberries can be grown from seed, seedlings, crowns, or runners. If the idea of serving your own fresh-picked strawberries next summer sounds good, spring is the time to get your strawberries growing. Strawberries are a perennial plant which means once you’ve got them in the ground you will have them for two or
