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Lepo (Zumalai)
Lepo may refer to: People * Lepo Mikko (1911–1978), Estonian painter and teacher * Lepo Sumera (1950–2000), Estonian composer and teacher Places * Other * Low Exercise Price Option A Low Exercise Price Option (LEPO) is an Australian Stock Exchange traded option (finance), option with a low exercise price that was specifically designed to be traded on Margin (finance), margin. It is a Option_style, European style call option w ... {{dab Estonian masculine given names ...
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Lepo Mikko
Lepo Mikko (legal name Lepo Mikk; December 7, 1911 – December 6, 1978) was an Estonian painter and teacher. Early life and education Lepo Mikko was born Leonid Mikk in Aruküla, a former village in Viljandi County in the Russian Empire's Governorate of Livonia, the son of the farmer Jaak Mikk (1876–?) and Anna Mikk (née Järv, 1880–?). He graduated from Tuhalaane Primary School in 1927. Inspired by Juhan Muks, a painter from a neighboring farm, Leonid decided to devote himself to art studies. From 1927 to 1930, he studied decorative painting at the State Industrial Art School in Tallinn under the artists and . From 1930 to 1932, he studied painting at the Pallas Art School in Tartu. His teachers there were Voldemar Mellik and Villem Ormisson. From 1931 to 1935, his studies were interrupted due to a lack of money, and the future artist worked as a painter, land surveyor, farm worker, and finally photographer. From 1936 to 1939, he continued his studies in Nikolai Tr ...
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Lepo Sumera
Lepo Sumera (8 May 1950 – 2 June 2000) was an Estonian composer and teacher. Life and career He was born in Tallinn and studied with Veljo Tormis in his teens, and from 1968, with Heino Eller at the Estonian Academy of Music and Theatre (then Tallinn State Conservatory). After Heino Eller's death in 1970, he studied with Heino Jürisalu, graduating in 1973. He then did postgraduate study at the Moscow Conservatory (1979–1982) with the Russian composer Roman Ledenev. Sumera first came to notice in 1972 with ''In Memoriam'', an orchestral tribute to Eller. Legacy He is considered one of Estonia's most renowned composers along with Eller, Eduard Tubin and Arvo Pärt, he was also his country's Minister of Culture from 1988 to 1992 during the days of the Singing Revolution.Huang (12 June 2000) As such he was the last Minister of Culture of the Estonian SSR, and the first Minister of Culture after Estonia re-gained independence. See also *20th-century classical music 20th ...
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Low Exercise Price Option
A Low Exercise Price Option (LEPO) is an Australian Stock Exchange traded option with a low exercise price that was specifically designed to be traded on margin. It is a European style call option with a low exercise price of $0.01 and a contract size of 100 shares to be delivered on exercise. The premium is close to the whole share price, and a trader only posts margin, not the full price. Both the buyer and the seller are margined, all positions are marked-to-market daily. LEPOs work like a futures contract. History The Australian Stock Exchange started listing LEPO exchange traded options in 1995 to allow traders to trade underlying shares on margin. In 2018, there are 100 ASX listed companies that offer LEPO contracts Differences from standard options Several important differences distinguish LEPOs from standard exchange-traded options, and these differences have important implications for the pricing of LEPO. * The buyer of a LEPO does not pay the full amount of the premium ...
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