What's the main reason why commercial banks acquire other banks (besides the obvious reasons for M&A)?
Answers: Economies of scale. Or maybe geographical. One Bank may not have branches in one part of the country/world
Expand their branch network.
How long is a financial quarter? I would think it is fourth of a year, but I am not sure.?
Answers: Yes nailed it. 3 months
You are right. Sometimes the number of days per quarter vary since the number of work days per year can vary -- when weekends fall, holidays, etc..
Most business do something called a 4-4-5. That means the first and the second month of a quarter will have 4 weeks and the last month of the quarter will have 5 weeks. Quarters always end on a Friday in that case, even if it is not the last day of the month.
Seems confusing but it usually works.
January 1-March 31
April 1-June 30
July 1-September 30
October 1-December 31
Occasionally the dates may vary by company for accounting purposes. And the quarters may not follow the calendar year. A company's first accounting quarter may not be from January to March. But they will cover the calendar year in three month intervals as above.
3 months
Help on option?
call pick, put option, and futures contracts.Answers: Call choice is when you are betting that a stock will increase in price. Lets vote a stock is at 15 and you think its going to 30. you buy a telephone for the price of 30. If it hits 30 or higher, you can excersize your remedy and buy or you can sell you ring up option. If it doesnt accomplish 30, you lose your investment. Puts are the opposite. You believe the stock will travel down and the same rules apply. Remember, option give you the right, not the constraint to excersize them. Future contracts are placing bets on what a commoditie or index will do in the adjectives. Futures are more risky because you can lose your investment plus having to reward more if it moves in the different direction
You shouldn't be investing in option; it requires a ton of experience. You can have substantial losses and must know what you're doing.
I'd suggest using Investopedia's simulator for a while formerly engaging within options trading. I'd also read greatly of books to learn give or take a few intrinsic value and time helpfulness.
You also need to swot about covered option, spreads, and straddles as well as protective puts. Options tend to be used for leverage as they administer you the right for 100 shares of stock per option contract.
Start by research more about them.
The CBOE have a learning center near free tutorials at
http://www.cboe.com/LearnCenter/default.
The OIC has free podcasts at
http://www.optionseducation.org/seminars...
Both of these are reliable sources.
Once you enjoy gone through the freebees from these sites, I still recommend you read one or two good books back you start trading. Any of the books within the bibliography at
http://www.cboe.com/Institutional/Biblio...
will have honest, accurate information but be sure to scan the book at a bookstore, library or amazon.com to make sure it is written contained by language you can deduce.
You might also want to consider the books shown at
http://www.mdwoptions.com/
because the author, Mark Wolfinger, answers question on the message board at
http://messages.yahoo.com/Business_%26_F...
using the handle "dagnyt."