The Medallion stamp is a form of signature guarantee used in financial transactions. It is an extra layer of authenticity and protection against forged signatures.
A Medallion stamp is most likely to be required when selling or trading securities. To transfer a securities certificate, it needs to be signed over to the new owner, similar to a car title. After it is signed, a financial institution that participates in the Medallion program authenticates the signature and places a stamp with special security features on the certificate. A signature guarantee limits the potential liability and losses of the receiving party if the signature is forged.Learn More
Trading on the London Stock Exchange begins at 7:50 a.m. with an opening auction and ends at 4:35 p.m. at the end of a closing auction, according to Money-Zine.com. Before the opening auction, trade reporting begins at 7:15 a.m. Order maintenance and trade reporting ends the day at 5:15 p.m.Full Answer >
One way to invest in U.S. Treasury bonds, notes, bills or saving bonds is to buy them directly from TreasuryDirect.gov. Create an account, log in and purchase bonds to redeem them when the securities mature, explains the U.S. Department of the Treasury.Full Answer >
Crude oil futures are contracts related to various types of unrefined oil that are traded in global markets. Crude oil, the most traded commodity in the world, is bought and sold primarily on the New York Mercantile Exchange in the United States.Full Answer >
Covalent bonds between atoms can be single, with two electrons shared; double, with four electrons shared; or triple bonds, with six electrons shared. The more electrons that are shared by two atoms, the stronger their bond is, with a triple bond, such as is found in nitrogen gas, requiring a great deal of energy to break. For single-element compounds like nitrogen gas, the type of bond tends to match the number, up to three, of electrons required to complete the neutral element's outer valence shell.Full Answer >