IAASB
International Auditing and Assurance Standards Board
IAS
International Accounting Standards
IASB
International Accounting Standards Board
ICA England & Wales
Institute of Chartered Accountants in England and Wales
ICPA
Institute of Certified Public Accountants【US】
IEP
Indicative Equilibrium Price
IEV
Indicative Equilibrium Volume
IFAC
International Federation of Accountants
IFC
International Finance Corporation
IFRS
International Financial Reporting Standards
iIPO
Internet Initial Public Offering service
IMF
International Monetary Fund
IMRO
Investment Management Regulatory Organisation
Income Statement
A report on a company’s financial status over a period of time. It totals profits, subtracts expenses and pinpoints how much money the company can reinvest.
Index
Any comprehensive measure of market trends, intended for investors who are concerned with general stock market price movements.
Index arbitrage
A strategy where a trader tries to profit from pricing discrepancies between an index futures contract and the underlying index. The trader either buys or sells the stocks making up the index, and simultaneously takes the opposite position in the futures market.
Index fund
A passively managed mutual fund that tries to mirror the performance of a specific index, such as the S&P 500. Since portfolio decisions are automatic and transactions are infrequent, expenses tend to be lower than those of actively managed funds.
Index futures
A futures contract which has as its underlying asset an index, for example, an index based on the price of selected shares.
Index options
Options over a share price index. Index options are cash settled on exercise. See Call Option and Put Option.
INED
Independent non-executive director
Initial Public Offering
An issue of new stock by a once private company to transform itself into a publicly held one. IPOs are usually done to raise cash for growing young companies that need larger sources of capital than the private sector can provide. The new shares are sold to one or more investment banks, which then sell them to the public.
International Organization of Securities Commissioners (IOSCO)
International Organization of Securities Commissioners encourages cooperative policies on market regulation, surveillance, and enforcement at the domestic and international levels in order to maintain just and efficient securities markets.
In-the-money
When the exercise price of a call (put) is below (above) the current market price of the underlying securities. A call option is in-the-money if the strike price is below the current market price of the underlying security. A put option is in-the-money if the strike price is above the current market price of the underlying security. The intrinsic value of an option is the amount by which it is said to be in-the-money.
IOC
Immediate-or-Cancel
IoD
Institute of Directors【UK】
IOMA
International Options Markets Association
IOSCO
International Organisation of Securities Commissions
IP
Investor Participant
IPMA
International Primary Markets Association
IPO
See initial public offering
ISD
Investment Services Directive【European Union】
ISDA
International Swaps and Derivatives Association
ISFO
International Stock Futures and Options
ISIN
International Securities Identification Numbers
ISMA
International Securities Markets Association
ISO
International Organisation for Standardisation
ISSA
International Securities Services Association
IVRS
Interactive Voice Response System