This month I have left logistics behind for a new job in the financial sector. This is a domain that I know absolutely nothing about, so there are plenty of words to learn. I will start with these:
Oslo Stock Exchange 🏛
There are different marketplaces with separate sets of requirements.
|Oslo Børs||A full stock exchange listing for large companies with a track record|
|Oslo Axess||A regulated market for companies with less than 3 years history|
|Merkur Market||Multilateral trading facility with less strict requirements and reporting|
Common naming in the codebase! Because it’s a collective term for misc tradables.
Financial instruments are monetary contracts between parties. They can be created, traded, modified and settled. – Wikipedia
- Equities – shares and stocks (not technically exactly the same, but more or less)
- Derivatives – a contract that derives its value from something else
- Bonds – a bind to pay a loan (“obligasjon” in Norwegian)
This is way more complex, but learning the difference roughly for a handful will do for now.
|Ticker||The abbreviation to identify companies (or more precisely publicly traded shares)|
|Security||Oooh, that is English for the Norwegian term “verdipapir”|
|Indices||A-ha, plural of index! And a measurement of a section of the stock market|
|ISIN||International Securities Identifying Number|
|GICS||Global Industry Classification Standard|