securities and their types are essentially documents that are in compliance with mandatory details and the required form certifying property rights.These rights may be transferred or made only upon presentation of this document.For the transfer of rights that are certified by this document, you must prove their attachment in a special registry established.In addition, they say that the securities and their types are some varieties of things, as movable property.It is appropriate to say that they are a property right on the part of the property or the whole.This is what causes them to produce separation of debt, equity and derivatives.Other forms of separation are shown below.
Securities and types
Let's deal with certain categories and species that you may encounter.Non-Equity Securities are, for example, these are the notes, as well as emission, in this case we are talking about stocks or bonds.The law clearly states that the concerns of equity securities: They are understood as documents describing certain characteristics: it establishes a set of moral and economic rights;It has an equal timing and extent of the rights in the same issue of the date of purchase;located outlets.
Release of securities shall be made in documentary and non-documentary form.Under the documentary form is understood the application of the securities in the form that meets the regulatory requirements established by the technical documentation.Engaged in the production of forms is allowed only organization which has a legal right.In case of issue uncertificated securities we are dealing with it in the absence of physical form, but of its existence and consolidation of the owner have to talk to the registry.The issue of such securities issued by a special document, called a global certificate, which is required to prescribed parameters of the issue.
Documentary securities and their types
Such paper can be an order, registered or bearer.Passed an order to another person solely on the orders of the owner, that is, issue a warrant.As an example, an order can result in a paper bill.Owner name is indicated on the form of nominal securities.Such a document is transferred to another person only with the assignment, ie endorsement.On the form, in this case, be sure to specify the name of the future owner.If we talk about the paper bearer, then there is no owner's name, and it is transmitted through the presentation.We should also consider the government securities and their types.It can be said that their main difference from the rest is the issue of the state.
place all securities in the primary market, and has traded in the secondary.It is the primary market issuers to make a profit, which released its paper on sale.Accommodation can be open and closed.Under the private placement of securities in the mean range of pre-defined individuals at a cost that is agreed upon in advance, to avoid widespread.Open placement involves the provision of access to the general public securities.In this case, the issuer may place them at a price which he will be most beneficial.The secondary market is the stock exchange, OTC and organized.Here, from the sale of securities gains to all participants.
In this article we considered some types of securities and their classification in general terms.For a more thorough study of this issue, you can turn to specialized sources.
