Renaissance Technologies is one of the top hedge funds in the world headquartered in New York and the firm is managed by Jim Simons. His hedge fund specializes in diversified system trading using individual quantitative models derived from statistical analyses of historical price data. Renaissance Technologies runs many portfolios with the most famous and successful […]
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The current Rothschild net worth in 2021 is estimated to be approximately $450 billion USD for the whole family. The Rothschilds are a wealthy Jewish family originally from Frankfurt, Germany. The family patriarch was Mayer Amschel Rothschild (1744–1812) in Frankfurt. He established his banking business in the 1760s. Rothschild left his wealth to establish an
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ByteDance raised its stock-option offer to employees as talk of a Hong Kong IPO continues. Sources say the valuation of the private Chinese company that owns TikTok has surged higher over the past year. [1] The Beijing based start-up company ByteDance is currently the world’s biggest unicorn by market capitalization. ByteDance has plans to launch
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What is a piker? In North America a piker is term for a gambler who makes only small bets. It is a stingy or cautious person. In Australia and New Zealand a piker is a person who withdraws from a commitment. (Definitions from Oxford languages). Another claimed origin of the term is Pike County Missouri,
Talking heads on financial television and social media spend the majority of their time trying to speculate and predict a future that doesn’t exist yet. There is no way to know what the future of the financial markets hold as it would require knowing and understanding the actions of all the market participants. Not only
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Many new traders enter into trading with the goal to trade full time for a living and quit their full time job. Trading is a professional endeavor that requires the same amount of effort that any professional career takes. The low barrier to entry is what lures people into trading thinking it is easy. Most
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Below is a list of the current largest economies in the world in 2021 based on the most recent data available. Nominal GDP in U.S. Dollars: Measures and compares GDP between nations by considering local prices and local currencies converted to U.S. dollars. This the primary number that determines a countries ranking on this list.
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In options trading, a vertical spread option play is created by buying and selling multiple options on the same underlying stock, with the same expiration date but with different strike prices. They can use either all call options or all put options. The vertical name comes from the trading sheets that were once used in
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OTM is short for out of the money in options trading. This refers to the moneyness of an option contract, the relationship of the current price of the underlying asset to the strike price of a call or put option contract written on that asset. An out-of-the money option has a strike price far from
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What is delta in options? The delta of an option is part of the option Greek pricing model and prices in the magnitude of the move in the underlier that the option will capture based on the odds of the option expiring in-the-money. Option delta is represented as the velocity of a price change in
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