Question { Infosys, 53049 }

What are Subsidiary Books?

Answer

In each separate journal, one particular class of business
transaction is recorded. that means tht purchase journal
may be maintained to record credit purchases of good and
cash book for recording cash transaction. Instead of
recording all transaction in 1 journal, they r recorded in
seperate journal know as subsidary books

Question { ABN AMRO, 9674 }

what is open intrest

Answer

open interest is not same as volume.. with volume both
entries and exist cause volume to increase... but with open
interest, entries cause open interest to increase and exist
cause open interest to decrease

Question { Capital IQ, 14859 }

What is 'TREASURY STOCK / TREASURY SHARES'?

Answer

Treasury share is share which issuing company bought back
thereby reducing the amount of outstanding stock in open
market. when the shares are repurchased they are either
cancelled or held for reissue. if they are not cancelled
it refer as treasury stock.

Question { Capital IQ, 7707 }

What is Provate Placement?

Answer

Instead of public issue of securities, a company may offer
them privately only to few investors, that is less than 50
in number. This is reffered as private placement.