Touched By The Son
Sunday, October 23, 2016
Friday, October 21, 2016
Tuesday, October 18, 2016
Futures so bright
Investopedia provide the following definition
Futures are financial contracts obligating the buyer to purchase an asset or the seller to sell an asset, such as a physical commodity or a financial instrument, at a predetermined future date and price.
BarChart list the 'most active Futures (Ranks futures contracts by the highest Daily Contract Volume)'
|S&P 500 E-Mini||ESZ16 (Dec '16)||2,127.00||+0.75||+0.04%||1,834,488||10/14/16|
|10-Year T-Note||ZNZ16 (Dec '16)||129-265||-0-115||-0.28%||1,190,382||10/14/16|
|5-Year T-Note||ZFZ16 (Dec '16)||120-265||-0-035||-0.09%||590,584||10/14/16|
|Crude Oil WTI||CLX16 (Nov '16)||50.32||-0.12||-0.24%||495,642||10/14/16|
|Crude Oil WTI||CLZ16 (Dec '16)||50.74||-0.11||-0.22%||335,838||10/14/16|
|T-Bond||ZBZ16 (Dec '16)||163-04||-1-27||-1.12%||293,944||10/14/16|
|2-Year T-Note||ZTZ16 (Dec '16)||109-012||+0-002||+0.01%||262,372||10/14/16|
|Corn||ZCZ16 (Dec '16)||354-2||+4-6||+1.36%||260,828||10/14/16|
|Eurodollar||GEZ16 (Dec '16)||99.0650||+0.0050||+0.01%||250,508||10/14/16|
|Nasdaq 100 E-Mini||NQZ16 (Dec '16)||4,804.25||+8.25||+0.17%||234,803||10/14/16|
Today's performance leaders (Tuesday 18 October 2016)
Monday, October 17, 2016
A Bit Derivative
Derivatives take their value from actual performance, as I can gather. eFinancialNews gives us the best derivatives trading platforms
ICE Futures Europe
London Metal Exchange
Global Finance Magazine lists some familiar names when detailing best derivatives providers.
A derivative is defined as
an arrangement or product (such as a future, option, or warrant) whose value derives from and is dependent on the value of an underlying asset, such as a commodity, currency, or security.
Monday, October 10, 2016
Debentures where we sat
To read Australian Securities and Investments Commission site, debentures are a risky proposition. There's an Accounting Management blog that categorises them in similar fashion to other forms of investment yet the emphasis on unsecured and the like, and talk of a pecking order in debentures that get paid (not to mention non-redeemable debentures that only get paid when the company goes into liquidation!) hardly warms me to them.
eFinance Management tells us 'The debenture classification is based on their tenure, redemption, mode of redemption, convertibility, security, transferability, type of interest rate, coupon rate, etc.'
Irredeemable (Perpetual) Debentures
Convertible and Non-Convertible Debentures
Fully and Partly Convertible Debentures
Secured (Mortgage) Debentures
Unsecured (Naked) Debentures
First Mortgage Debentures
Second Mortgage Debentures
Unregistered (Bearer) Debentures
Fixed Rate Debentures
Floating Rate Debentures
Zero Coupon Debentures
Specific Rate Debentures
Secured Premium Notes/Debentures
Perhaps there's not that much difference, though the focus is on 'debt instruments'
Friday, October 07, 2016
Depositary Receipts (HDRs)
Unit Trusts/Mutual Funds
Exchange Traded Funds (ETFs)
Leveraged and Inverse Products (L&I Products)
Real Estate Investment Trusts (REITs)
Other Unit Trusts/Mutual Funds
Derivative Warrants (DWs)
Callable Bull/Bear Contracts (CBBCs)
Trading Only Securities