Gross interest and Investment firm: Difference between pages

Revision as of 12:08, 28 November 2017

An investment firm is a market participant that undertakes proprietary trading, as well as acting as an intermediary.

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+An investment firm is a market participant that undertakes proprietary trading, as well as acting as an intermediary.
-''Tax.''
-Interest stated before offsetting tax effects, if any.
-In this sense, ''gross interest receivable'' means interest receivable stated before deducting any tax payable thereon.
-In this context, ''gross interest payable'' means interest payable stated before offsetting any tax relief enjoyed on the interest expense.
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-Interest (usually) payable, stated before deducting other interest (usually) receivable in the same period.
 == See also ==
-* [[Interest]]
+* [[Broker-dealer]]
-* [[Net interest]]
+* [[Designated investment firm]]
+* [[Institution]]
+* [[Investment bank]]
+* [[Proprietary trading]]
+* [[Prudential Regulation Authority]]