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There is an important difference between "on-the-run" and "off-the-run" securities that goes beyond distinguishing between newer and older issues. Learn more about these securities at FXCM Insights.
Ralph Nelson Elliott developed Wave Theory in the early 20th century through a study of stock data sets. Elliott Wave Theory alludes to price being fractal waves, each a product of investor psychology.
The evolution of the financial markets has created an assortment of new questions and challenges for participants. While the core business of an active trader is to buy and sell securities, in recent years the issue of systemic risk has come to the forefront. Whether in the trade of currencies, futures or equities, dramatic volatilities often appear out of nowhere. In the world's capital markets, volatility plays an ever-present role…
The Volcker rule was implemented in the U.S. in 2013, and was designed as a way to avoid another financial crisis. The rule restricts American banks and foreign banks doing business in the U.S. from specific financial activity. Learn how it works at FXCM.
The Taylor rule was developed to provide guidance to central banks, such as the U.S. Federal Reserve, for setting short-term interest rates based on economic conditions, including inflation and the unemployment rate. Learn more about the rule at FXCM.
With no historical precedent, the U.S. Federal Reserve's unwinding process is a significant event in the financial sphere. Learn what it could mean for world markets at FXCM.
Japan's snap election on 22 October 2017 has the potential to greatly impact the yen. If a surprise occurs, an upheaval in exchange rate valuations may become a reality.
The impact of a U.S. Federal Reserve interest rate increase is far-reaching, and has both direct and indirect implications. Find out who and what is impacted by these changes.
The Efficient Market Hypothesis (or EMH, as it's known) suggests that investors cannot make returns above the average of the market on a consistent basis. This is because under normal circumstances all available information about asset values and prices is rapidly disseminated throughout the market, bringing prices quickly to an equilibrium value. The hypothesis was developed in the 1960s by University of Chicago economics professors Harry Roberts and Eugene Fama.…
Random walk theory is the belief that a security's current market price is the product of chance rather than the sum of past events or human behavior.
Deutsche Börse Group is a major operator of German and European financial exchanges. This includes the top stock, commodities and derivatives exchanges, in addition to trading, clearing and post-trading platforms and services related to those businesses.
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