Carlson Trust Company of Richmond‚ Virginia has a long-term banking relationship with Padgett Paper Product’s Inc. Historically Padgett has performed more or less seasonal transactions with Carlson Trust‚ smaller short-term loans and tax payments. But‚ as a result of inflation and a recent acquisition of a competitor (Tri-State Tablet Company)‚ Padgett Paper Products‚ Inc’s financial needs have risen to a permanent level rather than being merely seasonal in nature. Management (Libris) at the company’s
Premium Financial ratio Debt Loan
Trading Report Strategy Chosen Our strategy is consisted of two parts: when the market is neutral without obvious trends‚ we play like the role of market maker; on the contrary‚ we put our bet on the trend. At first‚ we calculate the weighted average quantity from the order book‚ says 1st to 4th layer‚ for both sides. If bid quantity is larger than 2.5 times of ask‚ we believe that bulls prevail and this trend will be continued in a phase. Thus we place a market order to buy‚ expecting to earn
Premium Short Futures contract Financial markets
ALGORITHMIC TRADING Algorithmic trading (also known as Black-box trading) refers to the use of automation for trading in financial markets. Simply put‚ it is computer-guided trading‚ where a program with direct market access can monitor the market and order trades when certain conditions are met. Earlier‚ the trading strategies were executed by humans but now it is majorly done by algorithms thus removing human emotion element in trading. Now‚ you may be thinking who uses this concept? Well‚
Premium Programming language Algorithm Financial markets
CASE 2-5 Coping with Corruption in Trading with China Corruption is on the rise in China‚ where the country’s press frequently has detailed cases of corruption and of campaigns to crack down on it. The articles primarily have focused on domestic economic crimes among Chinese citizens‚ and on local officials who have been fired or assessed other penalties. Indeed‚ China has been rated by Transparency International as number 59 of the 102 countries the German organization rates on its “Corruption Perception
Premium Bribery Political corruption Foreign Corrupt Practices Act
1. How did the environment of the American Fur Co change in 1830s? What deep historical forces are implicated in these changes? Going into the 1830s‚ Astor basically had a monopoly in the fur company. He destroyed competitors by underbidding for furs and debauching the Indians with alcohol. In the 1830s‚ demand for beaver was falling‚ as the fashion trends that made every European and American gentleman want a beaver hat waned. Silk hats took over. Also‚ new ways of felting hats without using
Premium Fur trade Beaver Fur
Introduction A white collar crime is a category that includes embezzlement‚ insider trading and bank fraud just to name a few. These crimes are committed for monetary gain and are highly illegal. Martha Stewart known for her creative decorating‚ her craftiness and her multi-million dollar business was convicted in 2004 for what many call securities fraud or insider trading. In 2001 she sold all of her stocks of ImClone Systems‚ Inc after being tipped off by her stockbroker. That
Premium Crime Stock Fraud
Trans-America Paper Company Upgrading the current plant in Malaysia is a good decision for Trans-America Paper Company (TAPC.) The facility will get a billion-dollar upgrade from WIG‚ and TAPC invests no capital whatsoever. In addition‚ the only major negative economic impact is the undetermined loss of profit in the profit split with WIG. However‚ just upgrading the plant is one-half of the best decision. TAPC’s mission statement is clear. The priorities of the company are‚ in order of importance
Premium Profit Investment Rate of return
FHPC’s competitive strategy? Forest Hill Paper Company competes in a very cyclical economic environment‚ with upswings every three to four years. As of lately‚ FHPC market share is down to 25% from about 35% through the most of 1980s‚ the most significant contributors to the loss of market share is the recent trend toward plastic and more environmentally friendly grades of recycled paper paperboard. As for what is or should be Forest Hill Paper Company competitive strategy‚ the article clearly
Premium Cost Costs Marginal cost
Intra Day Trading A Project by Roll no’s 31-35 DERIVATIVES A product whose value is derived from the value of one or more basic variables‚ called bases (underlying asset‚ index or reference rate )‚ in a contractual manner. The underlying asset can be equity ‚ forex commodity or any other asset. Topics To Be Covered •History Of Derivative Markets in India •Basics •OTC ( Over the Counter) •Forwards •Futures •Options •Swap •Future Of Derivative Markets in India •Intra Day Trading Basic
Premium Futures contract Derivatives Derivative
Case Study: Forest Hill Paper Company 1. How would you classify Forest Hill Paper Company in terms of size and ownership? I would classify Forest Hill Paper Company (FHPC) as a “small paperboard manufacturer that produces a broad line of paperboard in large reels.” 2. What is the nature of the Industry in which Forest Hill competes? Due to customer buying habits‚ FHPC competes in a cyclical economic environment‚ with upswings every three to four years. The current paperboard market is mature
Premium Costs Marketing Cost