West Texas Intermediate (WTI)

WTI is a specific grade of crude oil and is one of three major oil benchmarks used by those trading oil contracts,…

Venezuelan Bolivar (VEF)

The Venezuelan Bolivar (VEF) is the official currency of Venezuela. The current bolivar, known as the “Bolivar Soberano” (Sovereign Bolivar),…

VVIX

The VVIX, or “VIX of VIX” Index, is a measure of the expected volatility of the CBOE Volatility Index (VIX)…

Underlying Market

An underlying market is the market on which a derivative is based. This might also be called an underlying asset.…

Tankan Survey

The Tankan Survey is a comprehensive and influential economic report published by the Bank of Japan (BOJ), providing valuable insights…

Society for Worldwide Interbank Financial Telecommunication (SWIFT)

SWIFT, the Society for Worldwide Interbank Financial Telecommunication, is a messaging system that allows banks and other financial institutions to…

SHA

SHA (Secure Hash Algorithm) is a cryptographic hash function written by the United States National Security Agency. If you want…

Shadow

What is a shadow? When referring to Japanese candlesticks, the hatch represents the price action that occurs outside of the…

Securitization

Securitization is the process of creating securities by pooling various cash flow-generating financial assets. These securities are then sold to…

Risk-reward ratio

Risk-reward ratio is a risk management concept in trading that helps traders evaluate the potential profit of a trade relative…