Ever thought about how traders keep their trades going without adding extra money? Welcome to the world of self-financing trading! This concept is a big deal in Quantitative Finance. It was first introduced by Harrison and Kreps in 1979 and expanded by Harrison and Pliska in 1981. In simple terms, s
Supply Chain Finance plays a key role in boosting competition within the supply chain and helps to move money around efficiently. It often involves services like financing accounts receivable, managing risks, and optimizing supply chain operations. Over the past decade, Blockchain technology has gai
Imagine you're exploring the world of finance, but this time, you're not dealing with probabilities. We're talking about a new approach called causal functional calculus. This method focuses on the paths taken by financial assets, not just their possible outcomes. One key idea here is something cal
Artificial Intelligence (AI) has been transforming the finance world for years, using both classic and modern techniques. Let's dive into the challenges, methods, and opportunities that AI brings to finance. First, let's look at the landscape of finance and the data it deals with. Finance businesse
Behavioral finance, which studies how human psychology affects financial markets, has long pointed out three puzzles that seem to defy the theory of rational finance. These puzzles are the predictability of asset prices, the equity premium puzzle, and the volatility puzzle. In simple terms, these pu
Last week, a crypto-focused political action committee (PAC) rolled out a bus tour across five key states, starting in Phoenix and Las Vegas. This PAC, known as Stand With Crypto, has been spending big bucks in the political arena, but not all their spending is as transparent as it seems. In Nevada
These days, young people are turning to artificial intelligence (AI) for help with their personal finances. A recent survey by Experian found that a large majority of Gen Zers and millennials are using AI tools to manage their money. About 67% of Gen Zers and 62% of millennials are relying on AI for
Hey, did you know that your vote isn't just about politics? It's about money. Big money. Today, when you head to the polls, think about how that ballot can really change your financial future. Politicians talk a lot about "economic policy" and "fiscal responsibility. " But what does that really mea
UK government borrowing costs hit their highest level since the Labour party took charge. This happened after Finance Minister Rachel Reeves announced big tax increases in her first budget. Right after the news broke at 12:30 p. m. , the yield on 10-year UK government bonds jumped by as much as 7 ba
Manchester United is aiming high for their first signing under new manager Ruben Amorim, setting their sights on Bayern Munich’s Alphonso Davies. This Canadian star could be a perfect fit for Amorim’s favored 3-4-3 formation, but there are some big hurdles to overcome before he joins the Red Devils.
