flat


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Related to flat: Flat White, Flat affect, Flat character

Flat

Convertibles: Earning interest on the date of payment only.
General: Having neither a short nor a long position in a stock. Clean.
Market: Characterized by horizontal price movement, usually the result of low activity.
Equities: To execute without commission or markup.

Flat

1. Describing a stock or other security that is neither rising nor falling in price.

2. In foreign exchange, having no position. That is, an investor is flat if he/she has neither bought nor short sold a given currency.

3. Describing a bond that trades without interest that has accumulated since the last coupon payment. It is fairly unusual for bonds to trade flat, as the buyer is normally expected to compensate the seller for the next coupon that the seller will no longer receive from the issuer. However, bonds in default trade flat.

flat

1. Of, relating to, or being a market maker's inventory position that is neither long nor short; that is, the inventory is zero.
2. Of, relating to, or being a bond that trades without accrued interest. For example, bonds of a company in bankruptcy proceedings trade flat. A bond trading flat is indicated in bond transaction tables by the symbol f.

flat

An apartment.
References in classic literature ?
Frome had been driving me over to the Flats for about a week when one morning I looked out of my window into a thick snow-fall.
The railroad's blocked by a freight-train that got stuck in a drift below the Flats," he explained, as we jogged off into the stinging whiteness.
The black shawl having been procured, Anne spread it over the flat and then lay down on the bottom, with closed eyes and hands folded over her breast.
The flat was accordingly pushed off, scraping roughly over an old embedded stake in the process.
The bees, however, did not suffer this to happen, and they stopped their excavations in due time; so that the basins, as soon as they had been a little deepened, came to have flat bottoms; and these flat bottoms, formed by thin little plates of the vermilion wax having been left ungnawed, were situated, as far as the eye could judge, exactly along the planes of imaginary intersection between the basins on the opposite sides of the ridge of wax.
Five times in the last fortnight he's had threatening letters left at my flat, and I can't even find out who leaves them, let alone if it is Welkin himself.
I use them in my own flat," said the little black-bearded man, laughing, "partly for advertisements, and partly for real convenience.
And meanwhile, his flat was dark, as well as stuffy.
He put a penny into the slot of the gas-meter, and soon the flat was reeking with metallic fumes.
a quick feminine change to hysterical tears and wails, necessitating the immediate employment of all the comforting powers of the lord of the flat.
And he withdrew to a room still nearer the entrance, as I could hear, for it was a very small flat indeed.
There was not a speck of dust to be seen in the whole flat.