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 ?
HIGH QUALITY: Four flatlets, seven garages and a workshop for sale
Conwy Council wants Mike and Jan Singleton to replace 11 windows of their apartment in a converted former holiday flatlets at Balmoral Building, Trinity Square, Llandudno.
The donation will go towards the House's latest project to build 16 family flatlets to accommodate long-stay families, whose child will be in hospital for more than six months.
I have mixed feelings as I see the college site in Billingham being developed as I think they could have had built as many, or more, flatlets for the elderly on the same foundations.
Also would social services recognise that there are some, who live in these flatlets, who do not get their requirements from staff and attendants, even when on call.
Accommodation includes value for money tents, top of the range mobile homes, self-catering apartments, studios, flatlets and half board hotels.
Janet Hughes, 49, who runs holiday flatlets in Llandudno, said: 'It was a fantastic day.
Nicholson Ways Flatlets will play home to the next event on Monday, November 10, followed by an event on Wednesday, November 26.