What Was FTX? An Overview of the Exchange
FTX Exchange operated as a centralized cryptocurrency exchange that listed spot markets, derivatives, options, volatility contracts along with leveraged products. Sam Bankman-Fried, a Massachusetts Institute of Technology graduate and former Jane Street Capital exchange traded fund trader, founded the company in 2018. The group maintained two trading arms. FTX International, domiciled in the Bahamas, served […]
How to Use the Investopedia Simulator
The Simulator reproduces the full sequence of placing, modifying along with settling equity, option in addition to cryptocurrency orders without exposing the user to monetary loss. Each action mirrors the workflow of a retail brokerage - quote retrieval, order ticket completion - routing confirmation, fill notification next to position update. The platform delays price feeds […]
The Ten Largest U.S. Startups by Post-Money Valuation
PitchBook released a ranking of U.S. startups in April 2022 that ordered companies by post money valuation. A handful of the names - such as Miro, Fanatics along with Kraken - appear in headlines, yet most remain unfamiliar to the general public. The following profiles describe the business model - funding history, and valuation of […]
Five Pre-Market Alerts
U.S. equity index futures drift downward before the opening bell. President Trump posts that Apple shares surge after Intuit beats estimates. Deckers Outdoor withholds annual guidance - its stock drops. The Census Bureau releases April new home sales figures today. S&P 500 futures retreat 0.4 percent after the cash index rose 0.3 percent yesterday. The […]
Why the Best Advice May Be to 'Just Keep Buying'
April delivers the strongest seasonal tailwind for U.S. equities, yet the first quarter earnings cycle approaches with analysts braced for disappointment. FactSet reports that Wall Street expects S&P 500 earnings to rise only 4.7 percent from the year ago quarter. Should the final figure match that estimate, the index will post its slowest profit growth […]