MT940 and Overshooting: Difference between pages

From ACT Wiki
(Difference between pages)
Jump to navigationJump to search
imported>Doug Williamson
(Remove link to MT100 (superseded by MT103).)
 
imported>Doug Williamson
(Expand first sentence.)
 
Line 1: Line 1:
''SWIFT.''
''Technical analysis.''  


An MT940 (or MT 940) is a standard structured SWIFT message.  
Overshooting is the tendency of markets to overreact to news, good or bad.  


It is a end of day bank statement file which details all entries booked to bank account.
Therefore the market price would also tend to go up or down by more than is justified by the news.




==See also==
== See also ==
*[[SEPA]]
* [[Market price]]
*[[Society for Worldwide Interbank Financial Telecommunications]] (SWIFT)
* [[Technical analysis]]
*[[XML]]

Revision as of 21:23, 3 February 2018

Technical analysis.

Overshooting is the tendency of markets to overreact to news, good or bad.

Therefore the market price would also tend to go up or down by more than is justified by the news.


See also