{"id":49581,"date":"2018-08-09T22:00:00","date_gmt":"2018-08-10T02:00:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=49581"},"modified":"2025-08-21T22:01:31","modified_gmt":"2025-08-22T02:01:31","slug":"august-9-2018","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=49581","title":{"rendered":"August 9, 2018"},"content":{"rendered":"

FinTech, eh<\/a>?<\/p>\n

\n

Mobile trading apps and web platforms are much less secure than banking apps, according to a report from U.S. cybersecurity firm IOActive Inc., which found a variety of vulnerabilities in a series of recent tests.<\/p>\n

Overall, the firm reports, its tests of the security on a variety of brokerage firms\u2019 trading apps, which were carried out from mid-2017 to mid-2018, found brokers\u2019 security measures to be much weaker than comparable banking apps. Among other things, it found weaknesses with encryption, denial of service and authentication measures.<\/p>\n

In particular, it found desktop apps and mobile apps that transmitted some data unencrypted, including passwords and certain personal information. It also found passwords that are stored unencrypted, which could be vulnerable to hackers.<\/p>\n<\/blockquote>\n

The company’s blog post about this, which includes a link to the full report, is titled Are You Trading Stocks Securely? Exposing Security Flaws in Trading Technologies<\/a>.<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
HIMIPref™ Preferred Indices
These values reflect the December 2008 revision of the HIMIPref™ Indices<\/strong>
Values are provisional and are finalized monthly<\/td>\n<\/tr>\n
Index<\/td>\nMean
Current
Yield
(at bid)<\/td>\n		Median
YTW<\/td>\n		Median
Average
Trading
Value<\/td>\n		Median
Mod Dur
(YTW)<\/td>\n		Issues<\/td>\nDay’s Perf.<\/td>\nIndex Value<\/td>\n<\/tr>\n
Ratchet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.6544 %<\/td>\n3,103.9<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.6544 %<\/td>\n5,695.4<\/td>\n<\/tr>\n
Floater<\/td>\n3.48 %<\/td>\n3.69 %<\/td>\n51,688<\/td>\n18.06<\/td>\n4<\/td>\n-0.6544 %<\/td>\n3,282.3<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0236 %<\/td>\n3,212.1<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.57 %<\/td>\n4.38 %<\/td>\n47,959<\/td>\n4.85<\/td>\n5<\/td>\n0.0236 %<\/td>\n3,835.9<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0236 %<\/td>\n2,992.9<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.62 %<\/td>\n-11.36 %<\/td>\n59,130<\/td>\n0.09<\/td>\n10<\/td>\n0.0197 %<\/td>\n2,912.7<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.40 %<\/td>\n5.51 %<\/td>\n60,051<\/td>\n14.62<\/td>\n25<\/td>\n0.2024 %<\/td>\n2,992.8<\/td>\n<\/tr>\n
FixedReset<\/td>\n4.28 %<\/td>\n4.71 %<\/td>\n129,777<\/td>\n3.77<\/td>\n107<\/td>\n0.2440 %<\/td>\n2,582.5<\/td>\n<\/tr>\n
Deemed-Retractible<\/td>\n5.13 %<\/td>\n5.88 %<\/td>\n55,289<\/td>\n5.41<\/td>\n26<\/td>\n0.2037 %<\/td>\n2,982.4<\/td>\n<\/tr>\n
FloatingReset<\/td>\n3.35 %<\/td>\n3.53 %<\/td>\n29,650<\/td>\n5.74<\/td>\n7<\/td>\n-0.0391 %<\/td>\n2,836.7<\/td>\n<\/tr>\n<\/table>\n\n\n\n\n\n\n\n
Performance Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nChange<\/td>\nNotes<\/td>\n<\/tr>\n
BAM.PR.B<\/td>\nFloater<\/td>\n-1.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-08-09
\nMaturity Price : 17.69
\nEvaluated at bid price : 17.69
\nBid-YTW : 3.69 %<\/td>\n<\/tr>\n
NA.PR.E<\/td>\nFixedReset<\/td>\n1.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-08-09
\nMaturity Price : 22.84
\nEvaluated at bid price : 24.12
\nBid-YTW : 4.91 %<\/td>\n<\/tr>\n
TRP.PR.D<\/td>\nFixedReset<\/td>\n1.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-08-09
\nMaturity Price : 22.16
\nEvaluated at bid price : 22.85
\nBid-YTW : 5.06 %<\/td>\n<\/tr>\n
HSE.PR.A<\/td>\nFixedReset<\/td>\n1.30 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-08-09
\nMaturity Price : 17.93
\nEvaluated at bid price : 17.93
\nBid-YTW : 5.27 %<\/td>\n<\/tr>\n<\/table>\n\n\n\n\n\n\n\n\n\n\n
Volume Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nShares
Traded<\/td>\n		Notes<\/td>\n<\/tr>\n
GWO.PR.Q<\/td>\nDeemed-Retractible<\/td>\n154,400<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 23.85
\nBid-YTW : 6.17 %<\/td>\n<\/tr>\n
NA.PR.E<\/td>\nFixedReset<\/td>\n142,319<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-08-09
\nMaturity Price : 22.84
\nEvaluated at bid price : 24.12
\nBid-YTW : 4.91 %<\/td>\n<\/tr>\n
CM.PR.S<\/td>\nFixedReset<\/td>\n122,470<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-08-09
\nMaturity Price : 22.82
\nEvaluated at bid price : 24.01
\nBid-YTW : 4.82 %<\/td>\n<\/tr>\n
TRP.PR.C<\/td>\nFixedReset<\/td>\n75,715<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-08-09
\nMaturity Price : 17.79
\nEvaluated at bid price : 17.79
\nBid-YTW : 5.10 %<\/td>\n<\/tr>\n
MFC.PR.Q<\/td>\nFixedReset<\/td>\n66,210<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2023-06-19
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.10
\nBid-YTW : 4.79 %<\/td>\n<\/tr>\n
CM.PR.R<\/td>\nFixedReset<\/td>\n61,656<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-07-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.35
\nBid-YTW : 4.07 %<\/td>\n<\/tr>\n
There were 29 other index-included issues trading in excess of 10,000 shares.<\/td>\n<\/tr>\n<\/table>\n\n\n\n\n\n\n\n\n\n
Wide Spread Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nQuote Data and Yield Notes<\/td>\n<\/tr>\n
MFC.PR.N<\/td>\nFixedReset<\/td>\nQuote: 24.03 – 24.50
\nSpot Rate : 0.4700
\nAverage : 0.2737<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.03
\nBid-YTW : 5.21 %<\/td>\n<\/tr>\n

MFC.PR.R<\/td>\nFixedReset<\/td>\nQuote: 26.17 – 26.45
\nSpot Rate : 0.2800
\nAverage : 0.1731<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-03-19
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.17
\nBid-YTW : 3.67 %<\/td>\n<\/tr>\n

VNR.PR.A<\/td>\nFixedReset<\/td>\nQuote: 24.80 – 25.14
\nSpot Rate : 0.3400
\nAverage : 0.2568<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-10-15
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.80
\nBid-YTW : 4.95 %<\/td>\n<\/tr>\n

CM.PR.S<\/td>\nFixedReset<\/td>\nQuote: 24.01 – 24.24
\nSpot Rate : 0.2300
\nAverage : 0.1511<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-08-09
\nMaturity Price : 22.82
\nEvaluated at bid price : 24.01
\nBid-YTW : 4.82 %<\/td>\n<\/tr>\n

BAM.PR.T<\/td>\nFixedReset<\/td>\nQuote: 21.25 – 21.48
\nSpot Rate : 0.2300
\nAverage : 0.1547<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-08-09
\nMaturity Price : 21.25
\nEvaluated at bid price : 21.25
\nBid-YTW : 5.17 %<\/td>\n<\/tr>\n

TRP.PR.H<\/td>\nFloatingReset<\/td>\nQuote: 17.09 – 17.42
\nSpot Rate : 0.3300
\nAverage : 0.2605<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-08-09
\nMaturity Price : 17.09
\nEvaluated at bid price : 17.09
\nBid-YTW : 4.00 %<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

FinTech, eh? Mobile trading apps and web platforms are much less secure than banking apps, according to a report from U.S. cybersecurity firm IOActive Inc., which found a variety of vulnerabilities in a series of …<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[],"class_list":["post-49581","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49581","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=49581"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49581\/revisions"}],"predecessor-version":[{"id":49582,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49581\/revisions\/49582"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=49581"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=49581"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=49581"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}