Money market deposit account

Financial markets are the markets for buying and selling financial instruments (Kidwell, et al., 2014, p 5). In other words, financial market is like any other market, where people buy and sell, bargain or win and lose. Money is a widely acceptable instrument, that we exchange for goods and services. Financial Institutions are all intermediaries, that buy financial claims from DSU and sell them to SSU. There are many different types of financial institutions on the Australian market. According…

company can make. Available-for-sale securities are any security not classified as a trading security or held to maturity security. These can either be debt or equity securities, however, the accounting is the same for each. An accountant must properly account and report these securities on the company's financial statements. Accountants revalue available-for-sale securities each year and have to report unrealized gains or losses. These unrealized gains or losses are reported as other…

financial intermediary which accepts deposits and channels those deposits into lending activities. The lending activities can be carried out either directly or through capital markets. Bank act as payment agents by conducting and checking current accounts for customers, paying cheques drawn by customers on the bank, and collecting cheques deposited to customer’s current accounts. In other word, bank is a financial institution which collects money as deposits from customers and uses the same to…

It is often said that money makes the world go round. Money plays an important role in a country’s economy. Citizens must have money in order to spend money. Governments can help banks create money. In the United States (US), the Federal Reserve is responsible for controlling the money supply to keep the economy running smoothly. One must fully understand the US money and banking system to fully grasp the money market. Knowledge of items that serve as money, the effects of actions taken…

trading on the Fx. Liquidity In the Forex trading Market place, there is always a consumer and a vendor! The Forex trading absorbs trading volumes and for every trade sizes which dwarf the capability of any other market place. On the easiest stage, liquidity is a potent attraction to any trader. It suggests the liberty to open up or near a situation at will, 24 several hours a day. After bought, numerous other, high‐return investments are tough to market at will. Forex trading traders never…

The results we get from macroeconomic tools are bound to make errors. These errors can sometimes be minimal or they can be drastic. Some of the tools used in macroeconomics are GDP (gross domestic product), Stock market, unemployment rate and money supply changes. These are the main and most commonly used tools when collecting results to predict economic realities. These tools can be challenged and be subject to error as a result of their flaws. There are many reasons how these tools can cause…

During August 2007 in Germany, a rescue package of €3.5 billion was arranged by the German government for the country’s IKB Deutsche Industriebank AG which had also been afflicted by the US sub-prime market crisis. The whole affair, however, was handled much more cautiously with the public being given no serious indication towards the extent of IKB’s plight. The rationale for this type of secrecy, in the event where wide-spread panic has not yet occurred, was set out in a speech by Eddie George,…

controlling the money supply. These are located in Atlanta, Boston, Chicago, Cleveland, Dallas, Kansas City, Minneapolis,…

The Federal Reserve also named the Fed is the Bank’s banks. This institution was created in 1914 to supervise the banking system and regulate the quantity of money in the economy. The Fed is an independent entity but is subject to Congress supervising. The Fed is headed by the Board of Governors that is an agency in Washington. The board is led by a chairman and a vice chairman, each appointed by the President and approved by the Senate and serve for four-year terms. The Board of Governors…

Team A Week 5 Problems PE-2, page 862 In January 2012, the administration of Sarah Company determined that it has enough money to buy transient investments in debt and stock securities. In the course of the year, these are the transactions that happened. Feb. 1 Purchased 1,200 shares of NJF common stock for $50,600 plus brokerage fees of $1,000. Mar. 1 Purchased 500 shares of SEK common stock for $18,000 plus brokerage fees of $500. Apr. 1 Purchased 70 $1,000, 8% CRT…