Automated Trading Systems
What are Automated Trading Systems? Automated trading systems use algorithmic trading to create buy and sell orders on the stock market or other exchanges. A computer program can be customized to specific trading strategies. It places orders based on these strategies and predetermined guidelines that are programmed within the algorithms. Automated trading systems can take...
Quant Fund
What is a Quant Fund? A quant fund (short for quantitative fund) is an investment fund that uses mathematical and statistical techniques together with automated algorithms and advanced quantitative models to make investment decisions and execute trades. There is no human intellect and judgment involved in investment selection and related decisions. Quant funds operate using...
Jumbo CD
What is a Jumbo CD? A jumbo CD is similar to a conventional CD although the former generally requires a higher deposit and accrues interest at a higher rate. A CD is a certificate of deposit that is offered by banks for money deposited into a specific account that offers an interest rate in exchange...
Savings and Loan Crisis
What was the Savings and Loan Crisis? The savings and loan crisis refers to the collapse of 1,043 out of 3,234 savings and loan associations (S&Ls) in the United States during the 1980s and 1990s. The S&L crisis was considered to be one of the most devastating failures of the banking industry in the United...
Scrips
What are Scrips? Scrips refer to any object that is used as an alternative or substitute to legal tender. They were a popular alternative to wages and were used as a means to exploit workers. Today, scrips are used in the form of gift cards, tokens, certificates, and rewards points. History of Scrips Scrips can...
