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 ?
By contrast, with LLDPE, a relatively high rpm produced the flattest profile (see Figs.
Awana has won accolades all over the country for scalping wickets on the flattest of decks and the pacer feels that he would like that impression to stay.
The All Whites have had the flattest of seasons but still had too much up front and behind for a Tonmawr side out of their depth in the Premiership.
This is the flattest of all the races and is fast and furious.
It was a day-three wicket [after all the rain breaks] and it was at its flattest today.
The races are run on one of the flattest and fastest courses around.
I was fully togged out in my shorts and orange trainers (don't ask), bottled water and Kendal mint cake at the ready only to find my stint was from Runcorn to Widnes - possibly the flattest and the shortest section of the whole trip.
It's the flattest we've played for four or five weeks.
I realise Newmarket has uphill gallops, but we're looking for the flattest workplan we can find because that's what he's used to.
TEN New Marske Harriers competed in the Greater Manchester Marathon, billed as the flattest, fastest and friendliest event of its kind in the UK.
Davies had said after reaching his hundred on Sunday evening that the Surrey plan was to build scoreboard pressure and attempt to bowl out Glamorgan twice on the flattest of decks.
The TRM events are favorites of runners because they are conducted on the American Tobacco Trail, the fastest, flattest course in North Carolina and the average high temperatures in March are a performance-enhancing 51 degrees Fahrenheit.