Fungibility

The key work is "fungibility" -- the ability to move in and out of like systems and processes. ❋ Unknown (2010)

As long as rival exchanges' contracts are not fully interchangeable with those traded on NYSE and Deutsche Börse's markets—a process known as fungibility—the incumbents' existing critical mass will win out. ❋ Ulrike Dauer (2011)

European and U.S. cash equities markets are "horizontal" in that securities can trade on any venue -- called fungibility -- and they are cleared on separate entities such as London-based LCH.Clearnet. ❋ The Huffington Post News Editors (2011)

Trippi explains to everyone what "fungibility" is. ❋ Jason Linkins (2010)

Letting traders migrate contracts from one exchange to another has been seen as a step toward "fungibility" in U.S. futures markets, which would permit investors to trade contracts at one venue and post collateral at another. ❋ Unknown (2010)

The IBM fellow and vice president for architecture and technology for IBM's x86 servers says the interchangeability, or "fungibility," of the x86 platform is what made it so popular. ❋ Unknown (2010)

Those factors still are in the price of a lot of those commodities, but as a broader economy and the fungibility of investments, there are other things that factor into those prices beyond just supply and demand. ❋ Steve Forbes (2011)

The Securities and Exchange Board of India said fungibility of these receipts isn't permitted, only redemption. ❋ Khushita Vasant Of Dow Jones Newswires (2011)

"Allowing redemption freely in the absence of two-way fungibility could result in reduction of number of IDRs listed, thereby impacting its liquidity in the domestic market," the regulator said. ❋ Khushita Vasant Of Dow Jones Newswires (2011)

You could embargo Saudi oil to get the same result (if you can find a way around the fungibility problem) and raise domestic oil prices by the same amount -- but that would be even better for domestic producers, because the amount of the tariff would go to them rather than the gov't. ❋ Unknown (2009)

This is not a Rashomon situation; this is not about the basic fungibility of truth. ❋ Mira Schor (2011)