What is Accrued Interest? Accrued interest refers to interest generated on an outstanding debt during a period of time, but the payment has not yet been made or received by the borrower or lender. Accrual Interest in Accounting Under accrual accounting, accrued interest is the amount of interest from a financial obligation that has been...
What is a Neckline? Neckline refers to a trendline drawn below a head and shoulders pattern that is used in technical analysis that signals buying opportunities to investors. It is drawn along the support and resistance points of various consolidation and reversal patterns. It connects the low points of the head and shoulders pattern, following...
What is Financial Compliance? Financial compliance is the regulation and enforcement of the laws and rules in finance and the capital markets. It ranges through the entire financial spectrum, from investment banking practices to retail banking practices. ` Why is Financial Compliance Important? In the aftermath of the 2008 Global Financial Crisis, financial compliance became...
What is Vega Neutral? Vega neutral is a risk management strategy for options trading that aims to create a portfolio with a total vega of zero. Vega represents the sensitivity of the price of an option to the implied volatility of the underlying asset. It is one of “the Greeks” of options trading. Understanding the...
What is the Vancouver Stock Exchange (VSE)? The Vancouver Stock Exchange (VSE) started operations out of Vancouver, British Columbia in 1907. The VSE continued to function as a standalone exchange until November 1999, when it was merged with other stock exchanges to create the Toronto Ventures Exchange (TSX-V). The VSE was home to mainly small-cap...