What does short sterling mean?

Short Sterling is a future contract referenced to LIBOR for three months sterling deposits. More information can be found in other sections, such as historical data, charts and technical analysis.

What is a short sterling future?

How does short sterling work?

The most popular bet on short-term interest rates is the three-month Sterling Deposits contract traded on LIFFE, better known as ‘short sterling’. Just remember that the trade works just the same as they have before – BUY (LONG) SELL (SHORT) etc. and your profit is the difference between you opening and close prices.

What are sterling futures?

The ‘short term interest rate future’ (or STIR) is also known as the ‘short sterling’ future. In essence, it facilitates bets on where interest rates will be.

What is a Eurodollar future?

Eurodollar futures are interest-rate-based financial futures contracts specific to the Eurodollar, which is simply a U.S. dollar on deposit in commercial banks outside of the United States.

What does SONIA stand for?

Sterling Overnight Interbank Average Rate
Sterling Overnight Interbank Average Rate (SONIA)

What does Sonia stand for?

What are Eurodollar rates?

Eurodollar futures are a LIBOR-based derivative, reflecting the London Interbank Offered Rate for a 3-month $1 million offshore deposit. Eurodollar futures prices are expressed numerically using 100 minus the implied 3-month U.S. dollar LIBOR interest rate.

Is SONIA a percentage?

SONIA is an overnight rate, not a term rate. SONIA is an overnight rate, based on actual market rates and reset on a daily basis in arrears; this removes any expectation of future events inherent in a forward-looking term rate.

Are there any surviving examples of the Short Stirling?

Of the six major Allied four-engine bombers – Boeing B-17, Consolidated B-24, Boeing B-29, Short Stirling, Handley Page Halifax, Avro Lancaster – the Stirling is the only one of which there are no surviving examples.

Who is Sterling Capital Management and what does it do?

Investment advisory services are available through Sterling Capital Management LLC, a separate subsidiary of Truist Financial Corporation. Sterling Capital Management LLC manages customized investment portfolios, provides asset allocation analysis and offers other investment-related services to affluent individuals and businesses.

When was the Short Stirling introduced into the RAF?

It has the distinction of being the first four-engined bomber to be introduced into service with the Royal Air Force (RAF). The Stirling was designed during the late 1930s by Short Brothers to conform with the requirements laid out in Air Ministry Specification B.12/36.

When did Short Stirling start building the Supermarine?

The Supermarine was ordered in prototype (two aircraft) form as the revised Supermarine Type 317 in January 1937. An alternative design to the Supermarine was needed for insurance and Shorts should build it as they had experience with four-engined aircraft.