Options trading is a complex field that requires a deep understanding of various financial concepts. One such concept is Gamma, which is a measure of the non-linearity of a derivative financial instrument, such as an option. What is Gamma and How...
Read MoreGame theory is a branch of mathematics and economics that studies decision-making in strategic situations. It is used to model situations in which individuals or groups make decisions based on the expected outcome of their actions and the actions of...
Read MoreA fiduciary is a person or organization that is legally bound to act in the best interests of another person or organization. A fiduciary has a duty to put the interests of the other person or organization ahead of their own and to act with...
Read MoreFiat money is a type of currency that has value solely because it is issued by a government or central authority and is backed by the full faith and credit of that authority. What is Fiat Money? A government or central bank creates fiat money by...
Read MoreThe Federal Insurance Contributions Act (FICA) is a federal law that requires employers and employees to pay payroll taxes to support Social Security and Medicare, two of the most important federal programs that provide financial benefits to U.S....
Read MoreIn 1934, the government established the Federal Housing Administration (FHA) with the purpose of promoting homeownership and simplifying the mortgage application process for people. One of the ways the FHA achieves this goal is by providing FHA...
Read MoreThe Federal Funds Rate (FFR) is a critical interest rate that plays a significant role in the U.S. economy. It is the rate at which banks and other depository institutions lend money to one another overnight in the federal funds market. What is the...
Read More