Occupy Wall Street: Another Sign of Impending Change?

Change Financial Theory and You Change Financial Practice Changes to modern finance theory (MFT) are … read more

A formula that provides a standard method to price stock options. While it is not … read more

The first derivative of the option price regarding time. This quantity measures the time decay … read more

The National Association of Securities Dealers Automated Quotations is a stock exchange based in the … read more

Also known as volatility trading, traders attempt to construct delta (and gamma) neutral positions. For … read more

An instrument representing financial value. Stocks, Bonds, Futures, Options, and Swaps are all examples of … read more

Begun in 1792 on Manhattan, the New York Stock Exchange is now the largest stock … read more

The trading of a security while in possession of nonpublic information material to that security. … read more

A number that measures a security’s performance against that of the market, i.e., its return … read more

When buy-side institutions and individuals lose faith in some aspect of the financial or economic … read more