Recent content by rsgmon

Hi, There was an announcement on Sep 22nd that the Markit Group was making changes to the iBoxx® $ Liquid Investment Grade Index. These changes would take effect September 30th. Anytime you change the composition of the index it will affect the NAV's of any fund that follows it. If you...

Settlements: All trades after they are executed then need to be settled. Each security type has a slightly different method and time frame but essentially similar. Stocks and Bonds: Ensure the cash is paid from one party to the other and the stock or bond is delivered from the one party to...