Internalisation and Presentation currency: Difference between pages

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imported>Doug Williamson
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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.
 
A reduction in the collateral needs of a broker, resulting from the presence of both long and short client positions.
 
 
3.
 
Netting of transactions within a group of businesses, thereby reducing the number and cost of external transactions.
 
 
== See also ==
* [[Collateral]]
* [[Internalisation risk]]
* [[Long]]
* [[Short]]
* [[Spread]]

Latest revision as of 07:07, 2 July 2022

The currency in which financial statements are presented.


See also