The marketplace for immediate settlement of transactions involving commodities and securities. In a cash market, the exchange of goods and money between the seller and the buyer takes place in the present, as opposed to the futures market where such an exchange takes place on a specified future date.
Also known as the spot market, since such transactions are settled "on the spot."
Investopedia explains 'Cash Market'
Cash market transactions can take place either on a regulated exchange or over-the-counter (OTC). In contrast, transactions involving futures are conducted exclusively on exchanges, while forward transactions, such as currency forwards, are generally executed on the OTC market.For a specific commodity, the price in the cash market is usually less than its price in the futures market. This is because there are carrying costs, such as storage and insurance, involved in holding a commodity until it can be delivered at some point in the future.
Read more: http://www.investopedia.com/terms/c/cashmarket.asp#ixzz28AD0TBVh
Cash Markets
Newedge provides cash equity execution for institutional clients through our global network of equity market memberships. Clients can submit orders by various means including care/voice orders, FIX orders through an OMS system, and Direct Market Access (DMA). In addition recent rule changes in the US have allowed Newedge USA to develop a program for portfolio margining.
Our cash equities execution desks include both sales traders and
experienced traders, allowing for immediate and effective execution of
client orders. Our sales traders also give ongoing market commentary and
information. Products include:
Care/voice orders
Newedge clients can place orders through a variety of methods including voice line, telephone, Bloomberg and Reuters. Orders are immediately executed by Newedge using our front office trading systems.
FIX Orders
Newedge's connectivity options include standard FIX protocol. Newedge can generally support direct exchange access from a client’s proprietary infrastructure ensuring optimal speed in leveraging its exchange memberships and interfaces. Orders can be sent via FIX directly into our OMS system, enabling clients to see real time fills and execution. We also offer hosting of client proprietary software at Newedge centers with a network infrastructure built for speed, redundant systems and maximum performance.
Direct Market Access
We provide Direct Market Access (DMA) to many global markets. We also access equities through various ECNs and dark liquidity pools, discretely executing large orders with minimal market impact.
Our electronic trading specialists are capable of providing various means of connectivity and provide broad support for client front end trading systems. Our DMA access also includes Algorithmic solutions. Newedge can provide pre- and post-trade analytics and can advise on the type of Algorithms to be used in different circumstances. We monitor all DMA trades and programs allowing immediate intervention if required by the client.
- Single stock equity execution
- Basket trading
- Program trading
- Algorithmic trading
- Pairs trading
- ETFs
- Switch trading – cash equity execution versus futures or options
- CSAs – Commission Share Agreements
Care/voice orders
Newedge clients can place orders through a variety of methods including voice line, telephone, Bloomberg and Reuters. Orders are immediately executed by Newedge using our front office trading systems.
FIX Orders
Newedge's connectivity options include standard FIX protocol. Newedge can generally support direct exchange access from a client’s proprietary infrastructure ensuring optimal speed in leveraging its exchange memberships and interfaces. Orders can be sent via FIX directly into our OMS system, enabling clients to see real time fills and execution. We also offer hosting of client proprietary software at Newedge centers with a network infrastructure built for speed, redundant systems and maximum performance.
Direct Market Access
We provide Direct Market Access (DMA) to many global markets. We also access equities through various ECNs and dark liquidity pools, discretely executing large orders with minimal market impact.
Our electronic trading specialists are capable of providing various means of connectivity and provide broad support for client front end trading systems. Our DMA access also includes Algorithmic solutions. Newedge can provide pre- and post-trade analytics and can advise on the type of Algorithms to be used in different circumstances. We monitor all DMA trades and programs allowing immediate intervention if required by the client.
Cash Markets
Newedge’s global teams offer expertise and market insight across a
diverse range of cash fixed income products. Our position as an
independent broker in the market allows us to maintain an optimal
combination of anonymity and liquidity. Memberships on the major
clearing exchanges also provide Newedge with a global trade settlement
platform.
Corporate Bonds
Newedge functions primarily as an Agency Broker, offering anonymity and liquidity across a wide spectrum of NYSE bonds, OTC corporate bonds and hard-to-locate issues.Government Bonds
Our teams of skilled professionals provide a value-added execution platform for government bonds. From G7 to Emerging Markets, our business model extends to our clients skilled execution as well as trading ideas and pricing models. Our ability to access liquidity results in fast executions while our market knowledge allows us to execute complex trade packages on the behalf of our clients.Short-term Interest Rates / Money Market
Newedge customers receive enhanced liquidity across a broad range of global short-term interest rate and money market instruments. Our teams allow for price discovery and efficiency in these markets while affording confidentiality and anonymity.Agencies
Newedge features both expertise and liquidity in the agency securities markets, allowing trading of US government-backed bonds including Sallie Maes, Fannie Maes and Freddie Macs.Asset Backed Securities (ABS)
Clients can participate in the asset backed securities market via Newedge. Our teams furnish value-added insights, helping evaluate the different structures, maturity profiles, credit enhancements and other features of the securities and their underlying components.Repos
Newedge offers customers the ability to trade securities as part of Repurchase Agreements (Repos) and Reverse Repurchase Agreements (Reverse Repos). We access liquidity from a diversified pool of financial institutions, allowing us to link our clients with competitive financing rates on US Treasuries, US Government Agencies, and some US Mortgage Backed Securities and Corporate Bonds on an overnight, term or open basis.Inflation-Linked Securities
Anticipating client needs, in Europe during 2008, we created an "Inflation desk" offering access to multi-assets, including bonds, swaps, asset-swaps, and OTC options.Index Components
| Symbol | Last | Change | % Change | Headlines |
|---|---|---|---|---|
| BAC/quotes/nls/bac | 9.10 | +0.17 |
+1.91%
|
ADP, ratings actions at work as financials rise - 10:11 a.m. 10:11 a.m. Oct. 3, 2012
|
| HD/quotes/nls/hd | 61.52 | +1.19 |
+1.96%
|
Strong growth puts online sales in spotlight - 11:07 a.m. 11:07 a.m. Oct. 3, 2012
|
| DIS/quotes/nls/dis | 52.59 | +0.95 |
+1.85%
|
Hewlett-Packard Co. up 2.1%; stocks rising in U.S. - Oct. 1, 2012
|
| T/quotes/nls/t | 38.20 | +0.39 |
+1.03%
|
MetroPCS slumps; no deal seen for Leap - 12:27 p.m. 12:27 p.m. Oct. 3, 2012
|
| WMT/quotes/nls/wmt | 74.48 | +0.73 |
+0.99%
|
Strong growth puts online sales in spotlight - 11:07 a.m. 11:07 a.m. Oct. 3, 2012
|
| AXP/quotes/nls/axp | 57.47 | +0.29 |
+0.51%
|
ADP, ratings actions at work as financials rise - 10:11 a.m. 10:11 a.m. Oct. 3, 2012
|
| MRK/quotes/nls/mrk | 45.81 | +0.34 |
+0.74%
|
Merck releases positive data for new diabetes drug - 11:12 a.m. 11:12 a.m. Oct. 3, 2012
|
| PG/quotes/nls/pg | 69.29 | +0.50 |
+0.73%
|
Pershing Square: P&G may hire outside CEO - Oct. 2, 2012
|
| VZ/quotes/nls/vz | 46.20 | +0.34 |
+0.74%
|
Coinstar's Redbox to offer live-event tickets - 11:34 a.m. 11:34 a.m. Oct. 3, 2012
|
| PFE/quotes/nls/pfe | 25.27 | +0.15 |
+0.60%
|
The catalyst for a fourth-quarter stock rally - 10:48 a.m. 10:48 a.m. Oct. 3, 2012
|
| IBM/quotes/nls/ibm | 211.03 | +1.19 |
+0.57%
|
Charting the fourth-quarter start - Oct. 2, 2012
|
| MSFT/quotes/nls/msft | 29.83 | +0.17 |
+0.57%
|
|
| CSCO/quotes/nls/csco | 18.95 | +0.08 |
+0.40%
|
MetroPCS, Leap shares soar; techs mixed - Oct. 2, 2012
|
| JPM/quotes/nls/jpm | 40.83 | -0.09 |
-0.23%
|
Weak global growth exacerbates currency tensions - 11:21 a.m. 11:21 a.m. Oct. 3, 2012
|
| BA/quotes/nls/ba | 69.86 | +0.33 |
+0.48%
|
GE aviation unit orders 87 Boeing 737 jets - 11:27 a.m. 11:27 a.m. Oct. 3, 2012
|
| GE/quotes/nls/ge | 22.87 | +0.08 |
+0.36%
|
GE aviation unit orders 87 Boeing 737 jets - 11:27 a.m. 11:27 a.m. Oct. 3, 2012
|
| TRV/quotes/nls/trv | 68.91 | +0.21 |
+0.31%
|
ADP, ratings actions at work as financials rise - 10:11 a.m. 10:11 a.m. Oct. 3, 2012
|
| UTX/quotes/nls/utx | 78.61 | +0.22 |
+0.28%
|
McDonald's Corp. down 2.57%; stocks falling in U.S. - Sept. 28, 2012
|
| MMM/quotes/nls/mmm | 93.72 | +0.18 |
+0.19%
|
3M to reduce number of operating units to five - 10:26 a.m. 10:26 a.m. Oct. 3, 2012
|
| JNJ/quotes/nls/jnj | 69.09 | +0.13 |
+0.19%
|
The catalyst for a fourth-quarter stock rally - 10:48 a.m. 10:48 a.m. Oct. 3, 2012
|
| KO/quotes/nls/ko | 38.37 | +0.03 |
+0.08%
|
3M to reduce number of operating units to five - 10:26 a.m. 10:26 a.m. Oct. 3, 2012
|
| UNH/quotes/nls/unh | 56.83 | +0.03 |
+0.05%
|
3 sectors and 10 stocks an Obama win helps - Oct. 2, 2012
|
| DD/quotes/nls/dd | 49.39 | -0.11 |
-0.22%
|
Dow ends lower as focus shifts to earnings, Spain - Oct. 2, 2012
|
| XOM/quotes/nls/xom | 91.47 | -0.25 |
-0.27%
|
Devon rises on upgrade; energy stocks flat - Oct. 2, 2012
|
| MCD/quotes/nls/mcd | 90.72 | -0.21 |
-0.23%
|
Einhorn is right on Chipotle - 11:38 a.m. 11:38 a.m. Oct. 3, 2012
|
| AA/quotes/nls/aa | 8.80 | -0.05 |
-0.57%
|
Dow ends lower as focus shifts to earnings, Spain - Oct. 2, 2012
|
| INTC/quotes/nls/intc | 22.69 | -0.15 |
-0.64%
|
Ultrabooks forecast cut, lack of 'buzz' blamed - Oct. 1, 2012
|
| CAT/quotes/nls/cat | 84.75 | -0.72 |
-0.84%
|
4 concepts investors are beta off ignoring - Oct. 1, 2012
|
| CVX/quotes/nls/cvx | 116.81 | -1.15 |
-0.98%
|
Dow ends lower as focus shifts to earnings, Spain - Oct. 2, 2012
|
| HPQ/quotes/nls/hpq | 15.66 | -1.47 |
-8.57%
|
U.S. stocks rise modestly after economic data - 22 min ago
|
Dow Jones Industrial Average
(Dow Jones Global Indexes:INDU)
| 13,511.70
Real-Time Quote
|  +29.34 / +0.22%
Today’s Change
|
10,404
Today|||52-Week Range
13,653
| +10.60%
Year-to-Date
|
Quote Details
| Previous close | 13,482.36 |
| Open | 13,486.12 |
| Day high | 13,536.27 |
| Day low | 13,439.12 |
| Today's volume | 45,749,827 |
| Average daily volume (3 months) | 118,289,558 |
| Average P/E | 15.8 |
| 1 year change | +26.81% |
Data as of 1:32pm ET, 10/03/2012
