The implementation shortfall (IS) metric is most important measure of trade cost used in finance. It’s important to note that: It’s ex post (after the trade). Provide total cost measure...

Options: Introduction This is meant to be comprehensive series about options. Whether you’re a CFA student seeking to deepen your understanding or someone new to the world of options, this...

Basic Knowledge: Understanding the Similarities Between Options and Interest Rate Swaps. What is an Option? What is a Swap? Swaptions on interest rates are just options on interest rate. Swaption =...

You can learn through various methods such as reading, memorizing, using flashcards, and more. However, one of the best ways to learn is by practicing and taking tests! So, let’s practice. Here...

You can learn through various methods such as reading, memorizing, using flashcards, and more. However, one of the best ways to learn is by practicing and taking tests! So, let’s practice. Here...

Read this, and you will never struggle with yield curve movement questions again! This is the third article about this topic. Check the other two: CFA Level 3: Yield Curve Moves, Part 1 – Level and...

Read this, and you will never struggle with yield curve movement questions again! This is the second article about this topic. Check the other two: CFA Level 3: Yield Curve Moves, Part 1 – Level and...

Read this, and you will never struggle with yield curve movement questions again! This is the first article about this topic. Check the other two: CFA Level 3: Yield Curve Moves, Part 2 – Shifts...

Challenge me on this statement. I dare you. I beg you! The retail investment industry is screwed! Bold statement, especially for a guy that recently passed all CFA exams, has a deep passion for the...