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 ?
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 sprinters will be looking forward to this stage, one of the flattest and quickest on the tour, with valuable points toward the Green Jersey up for grabs.
In 1952, these works were among the flattest, most hard-edged paintings of their time, but today we see tiny traces of the hand and slight irregularities.
I select where I want to land the ball and that is nearly always going to be on the flattest part of the green.
Shoaib Akhtar (5-71) and Danish Kaneria (4-52) blew and spun them to a demoralising 2-0 series defeat on the flattest of Lahore tracks yesterday.
Think the flattest trajectory of any revolver cartridge.
The spinners then took over with all three extracting turn from what McGrath described as one of the flattest pitches in the world.
Yesterday's plan for Razzaq, Youhana and Inzamam to spend some crucial time in the middle on the flattest of tracks vanished in grey, wet frustration, but English-born coach Richard Pybus remained philosophical.
There's his new girlfriend, Suzy, a former addict who has the flattest stomach in all of London; Brady, ``a Reservoir Dog fetishist'' who spends his free time riding about the Underground, dressed like Harvey Keitel; and Chico, a fat would-be restaurateur who speaks broken English.
Waugh further said that Pietersen's two big scores in Australia came in first innings at Adelaide, which is the flattest Test pitch in the country, adding that when the star batsman is out of touch, he is very ordinary.
However, it boasts ideal conditions for speed cyclists as Highway 305, which skirts the town, enjoys an elevation of 4500ft above sea level and is reckoned to be the straightest, flattest and smoothest road surface in the world.