State Street Corp (STT)

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State Street Corp (STT) Profile

State Street Corporation is an American financial services and bank holding company headquartered at One Lincoln Street in Boston with operations worldwide. It is the second-oldest continually operating United States Bank. It is one of the largest asset management companies in the world. It is the largest custodian bank in the world. Its products include Investment management Stock trading, Foreign exchange market securities lending.

Total assets 314,71 Billion USD

The company is ranked 247th on the Fortune 500 as of 2019.

State Street is a leading provider of financial services, including investment servicing, investment management, and investment research and trading. With approximately $32 trillion in assets under custody and administration and $2.7 trillion assets under management as of March, State Street operates globally in more than 100 geographic markets and employs more than 40,000 worldwide Market Cap 34.29 B USD.

Holding cost
Long
-5%
Short
-2.5%
Trading hours in US Eastern Time
Fri
10:00 - 18:30
Mon
10:00 - 18:30
Tue
10:00 - 18:30
Wed
10:00 - 18:30
Thu
10:00 - 18:30
Sun
Closed
Sat
Closed

Share CFD Trading FAQ

Each investor owning shares of a company is also owning fragments of the company. A quite simple way to explain what a stock is is basically when a company divides itself into several shares and then it makes a part of these equities available to the public, at a price. Each investor owning shares of a company is owning fragments of the company.

While shares represent units of ownership within a company Contracts for Difference (CFDs) allow traders to speculate on the future share price fluctuations of an underlying asset. Thus when trading CFDs traders do not physically own the underlying asset. CFDs are available for a range of underlying assets, such as shares, commodities, and foreign exchange, and indices.

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No ownership of physical
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Source - database | Page ID - 478

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