LONG-TERM CAPITAL MANAGEMENT - LTCM
A huge hedge fund established by well-known Salomon Brothers bond trader John Meriwether in 1993. It started with more than $1 billion in assets which focused on bond trading. As a result of high-risk arbitrage trading strategies, it was recognized with the near collapse of the worldwide financial system in 1998.
POPULAR TERMS
Competition-Driven Pricing
Pricing method in which the seller decides on prices according to rivals’ prices. It seeks to determine a price which will attain the most pr ...
Member Short-Sales Ratio
A ratio that compares the number of short sales transacted on behalf of New York Stock Exchange members and the short sales that took place in that ...
Subprime Meltdown
Situation which affected the mortgage industry in 2007 because of approving individuals with poor credit rating. The housing boom in mid-2000s and ...
Financial Planner
An investment professional who helps people and corporations meet their long-term financial goals. A financial planner analyzes the status of his o ...
Hard-to-Borrow List
A list that outlines the securities a brokerage can’t provide to investors for short selling.
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SEE FOREX TUTORIAL
A Guide to Income Tax: Overlooked Credits and Cuts
The US tax code changes from time to time, and majority of taxpayers cannot name at least three of the most common deductible expenditures. On that ...
Buying a Home: Choosing the Best Location
The first consideration when buying a new house is choosing the place where you want to live, regardless if this will serve as an investment or upg ...
Ethical Investing: Its Advantages and Disadvantages
Believe it or not, ethical investing comprises a huge emotional component. Investors are human; therefore, they let emotions drive their decisions. ...
Choosing Your Bank
Now that you’ve learned the basics of banking and the importance of it, you are now ready to put your money in a bank. But which bank should ...
A Guide to Your Personal Income Tax: Last-Minute Moves
December 31 is fast approaching. The next thing you know you need to file your income tax return. So before you get swarmed by the hustle and bustl ...
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