flat

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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 periodicals archive ?
O'Sullivan did face the Press - unlike after certain matches at the Masters - but when asked three seemingly innocuous questions about the result flatly refused to comment.
Catholics are well aware that the Church flatly rejects the idea of hatred when it opposes and rejects same-sex "marriage" as invalid.
When a senior geologist from the Landfill Unit of the Los Angeles Regional Water Quality Control Board was questioned in a recent community advisory committee meeting about the fate of the leachate, he stated flatly that WM was operating within its permit.
An appreciation of Calvin's work has always depended on a tolerance for what the gallery's press release terms "bi-dimensionality"--a flatly undemonstrative mode in which very little "happens" and ambiguity of mood and meaning dominates--and that should have given New Yorkers fair warning to take things slow for once.
The IRS Code flatly bars churches and other tax-exempt entities from partisan electioneering.
He also states flatly that gays and lesbians deserve the same rights in the workplace as everyone else and shouldn't be fired because of who they are.
Seven percent -- one in 15 -- say flatly they "will not be able" to sustain operating expenses in that time and another 22 percent are "doubtful.
But a spokesman flatly denied reports suggesting it is set to close down entirely.
This is troubling and flatly false," said Archbishop Chaput.
CAN THEY actually sing, or were they deliberately, er, flatly directed?
5m a year earlier but were flatly turned down, which suited Solano.
Row after row shows subjects flatly and frontally in hieratic poses with their eyes distorted or rendered as dark almonds or gray pools.