Crypto currencies, such as bitcoin and ethereum, are growing rapidly and the opportunities for profit are enormous. But these markets are also highly risky and investors using crypto currencies shoulder this risk. The situation should make risk management a main… Continue Reading
I remember when Home Capital was a darling of Bay Street, when it was gaining customers by focusing on segments of the mortgage market that were disregarded by the big banks. I remember HCG was issuing credit cards to its… Continue Reading
Consider an underlying price of 918. You are presented with the choice of buying or selling a European binary call option with 1 day till expiration and a strike price of 918 (i.e. at the money). The 30 day historical volatility… Continue Reading
Although I’m morally opposed to a basic income guarantee because it provides a negative incentive for citizens to live an economically productive life, I do think a basic income guarantee will become politically palatable in many jurisdictions as unskilled labour… Continue Reading
In the “olden days” before the internet, casinos had to demonstrate their trustworthiness to players in order for players to have confidence they were being dealt a fair game. In places such as Nevada, the state also took on this… Continue Reading
As the digital currency financial system develops, a new type of investment is emerging: margin lending. Currency exchanges have created platforms for their users to take out margin loans in order to make leveraged currency trades and the margin funding itself… Continue Reading
A frequent criticism of bitcoins from the lay person revolves around the perceived bitcoin price volatility compared to fiat currencies such as the US dollar. But although this type of commentary is common, its often not backed up with any type of data.… Continue Reading
The government of Zimbabwe is declaring a state of emergency because of food shortages within the country. This is a very sad situation, made even worse because the ways to ensure food is available are well known and easy for… Continue Reading
There’s Gambling Going On at This Bank, and It’s Perfectly Legal
