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 ?
The flattish flowers are generally 3cm (1in or so wide).
March, for a lot of clubs, can be a flattish period if there are no promotion or relegation matters to attend to.
December quarter revenue expectations by geography: -- North American & European revenues flattish sequentially -- Japan and Asia revenues up sequentially -- Days sales outstanding and days of inventory at both distributors and Xilinx, expected to trend lower sequentially.
While the company expects results in 2008 to be flattish, we remain concerned that this was not a one-off delay in orders but a larger trend of more-competitive pricing by the equipment vendors as new deals become harder to win, and delays are causing large disruptions in earnings to most major players in the marketplace.
On the other hand, the government institutions segment (represents about 65% of public sector loans) was flattish m-o-m (-0.
Anglezarke's best form has been on flattish tracks like York, Haydock and Ascot, and though she seems to go on most ground, firm is as extreme as heavy.
Turn everything out on to a large, flattish plate and sprinkle with the remaining pine nuts
Chief executive Warren East said: 'We expect the exact timing of signing of license deals to continue to be hard to predict, and in view of this our guidance on revenues in the short term continues to be flattish.
Given these conditions, he noted that the company expects to see sales for the Electronic Materials Business Group in the fourth quarter flattish with those in the third quarter.
With three out of the six OEMs posting year-over-year revenue growth in the first half of 2008 in focal currencies, we continue to believe that overall revenue growth for the industry may be more in the mid-single digit range of 5-7% than flattish," says Lum.
About three miles, or 45 minutes walk or a 40p half-price bus ride from their house was Nether Warren Steeplechase course, a flattish, left-handed, triangular track with sharp bends and a very short run-in.