January 2025

What Is the Secured Overnight Financing Rate (SOFR)? The Secured Overnight Financing Rate (SOFR) is a benchmark interest rate for dollar-denominated derivatives and loans. It replaced the London Interbank Offered Rate (LIBOR) in June 2023. SOFR offers fewer opportunities for market manipulation and provides current rates rather than forward-looking rates and terms. Key Takeaways: SOFR […]

October has been a pivotal month for the artificial intelligence (AI) sector with significant developments. On October 24th, the Biden Administration issued a national security memorandum highlighting the importance of U.S. leadership in AI development, attracting global AI talent, and expanding infrastructure to support AI capabilities. This announcement came after Amazon’s disclosure of three new

Index rebalancing is a process that involves adjusting the weights of assets within an index to better reflect its intended purpose. This is done to ensure that the index accurately represents the market or sector it is designed to track. By rebalancing, the index maintains its integrity and continues to serve as a reliable benchmark

Major stock exchanges, like the Nasdaq, are exclusive clubs. Their reputations rest on the companies they trade. Only companies with a solid history and top-notch management behind them are considered. The Nasdaq has four sets of listing requirements. Each company must meet at least one of these requirement sets, as well as the main rules

Share turnover is a crucial metric in the stock market, representing the liquidity of a company’s shares. It is calculated by dividing the total number of shares traded during a specific period by the average number of shares outstanding for the same period. A higher share turnover indicates that the company’s shares are more liquid.

What is a Depositary Receipt (DR)? A depositary receipt is a negotiable certificate issued by a bank. It represents shares in a foreign company traded on a local stock exchange. Investors can hold shares in the equity of foreign countries through it. It’s an alternative to trading on an international market. Originally, a depositary receipt