(Difference between pages)
imported>Doug Williamson |
imported>Doug Williamson |
| Line 1: |
Line 1: |
| 1.
| | The currency in which financial statements are presented. |
|
| |
|
| The practice where customer trades are executed internally within a brokerage or through intermediaries rather than through an exchange.
| |
|
| |
|
| The brokerage keeps any money it may make on the spread (the difference between the purchase price and the sale price).
| | ==See also== |
| | * [[Functional currency]] |
|
| |
|
| | | [[Category:Accounting,_tax_and_regulation]] |
| 2.
| |
| | |
| Netting of transactions within a group of businesses, thereby reducing the number and cost of external transactions.
| |
| | |
| | |
| == See also ==
| |
| * [[Internalisation risk]]
| |
| * [[Spread]]
| |
Latest revision as of 07:07, 2 July 2022
The currency in which financial statements are presented.
See also
