What Is Meant by "Turn of the Month

question 16

Multiple Choice

What is meant by "turn of the month"?

• A) the last calendar day of the month
• B) the last bank business day of the month
• C) value last business day of the month against first business day of the next month
• D) value first business day of the month against last business day of the same month

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Definitions:

Average Spread

The average spread refers to the average difference between bid and ask prices over a specified time period, measuring market liquidity.

Security Issues

Security Issues refer to the new issuance of stocks or bonds by a company in order to raise capital from investors in the public or private markets.

Stock Exchange

Stock Exchange is a regulated marketplace where securities, such as stocks and bonds, are bought and sold by participants.

Listing

The act of registering a company's shares on a stock exchange, enabling public trading.