In economics and finance, arbitrage is the practice of taking advantage of a price difference between two or more markets: striking a combination of matching deals that capitalize upon the imbalance, the profit being the difference between the market prices.

A security or financial instrument is a tradable asset of any kind. Securities are broadly categorized into: debt securities, equity securities, e.g. , common stocks; and, derivative contracts, such as forwards, futures, options and swaps. The company or other entity...

In India, a Depository Participant (DP) is described as an agent of the depository. They are the intermediaries between the depository and the investors. The relationship between the DPs and the depository is governed by an agreement made between the...

Central Depository Services Limited (CDSL), is the second Indian central securities depository based in Mumbai. Its main function is the holding securities either in certificated or uncertificated (dematerialized) form, to enable book entry transfer of securities.

National Securities Depository Limited (NSDL), is the first central securities depository in India based in Mumbai. It is promoted by institutions of national stature responsible for the economic development of India and has established a national infrastructure of international standards...

Interest rate risk is the risk that arises for bond owners from fluctuating interest rates. How much interest rate risk a bond has depends on how sensitive its price is to interest rate changes in the market. The sensitivity depends...