What is an Impulse Wave Pattern? An impulse wave pattern refers to a technical trading concept that denotes a vigorous movement in a financial instrument’s price, interfering with the primary path of the usual trend. It is also used to discuss the Theory of Elliott Wave – a method used to evaluate and predict fluctuations...
What are Incoterms? Incoterms are a set of rules or regulations published by the International Chamber of Commerce (ICC) to encourage and regulate international commerce and trade. Incoterms are formally known as international commercial terms and are recognized worldwide. The terms are set out to clarify and differentiate the respective obligations of buyers and sellers...
What Does Illiquid Mean? Illiquid is a term commonly used to describe assets or investments that cannot be quickly and easily converted into cash at the current fair market price. An individual, a company, or other entity may also be described as illiquid if they are cash poor and primarily hold only illiquid assets. Note...
What is an Iceberg Order? An iceberg order is an order to buy or sell a large quantity of a financial security that, rather than being entered as a single, large order, is broken up into several smaller orders. The term “iceberg” is used to describe this method of buying or selling securities because each...
How to Become a Quant? A quant refers to a person specializing in the implementation of statistical and mathematical methods in order to understand and forecast the financial markets’ behavior. They are meant to reflect a given business condition in the form of numerical factors. Quants need to possess quantitative skills in several fields, such...