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Digital assets and currencies

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Banking

Intermediary

An intermediary, also known as a middleman or go-between, is defined in various ways, according to context. In law or diplomacy, an intermediary is a third party who offers intermediation services between two parties. In trade or barter, an intermediary acts as a conduit for goods or services offered by a supplier to a consumer, which may include wholesalers, resellers, brokers, and vari

Finance

Internal contradictions of capital accumulation

The internal contradictions of capital accumulation is an essential concept of crisis theory, which is associated with Marxist economic theory. While the same phenomenon is described in neoclassical economic theory, in that literature it is referred to as systemic risk.

Finance

Internal financing

In the theory of capital structure, internal financing or self-financing is using its profits or assets of a company or organization as a source of capital to fund a new project or investment. Internal sources of finance contrast with external sources of finance. The main difference between the two is that internal financing refers to the business generating funds from activities and as

Finance

Internal Revenue Code section 1031

A Section 1031 exchange, commonly known as a like-kind exchange, is a transaction under the 26 U.S.C. § 1031 of the Internal Revenue Code that allows owners of investment or business real estate to defer certain taxes when selling property and reinvesting the proceeds into other qualifying real property. It is most commonly used by real estate investors and property owners with low tax b

Finance

International Bank Account Number

The International Bank Account Number (IBAN) is an internationally agreed upon system of identifying bank accounts across national borders to facilitate the communication and processing of cross border transactions with a reduced risk of transcription errors. An IBAN uniquely identifies the account of a customer at a financial institution. It was originally adopted by the European Commit

Finance

International Business Companies Act

The International Business Companies Act, 1984 was a statute of the British Virgin Islands which permitted the incorporation of International Business Companies (IBCs) within the Territory. The Act played in a huge role in the economic and financial development of the Territory in the 1990s. It has been called "the most important piece of legislation in BVI history since the emancipati

Trading basics

International dollar

The international dollar (int'l dollar or intl dollar, symbols Int'l$., Intl$., Int$), also known as Geary–Khamis dollar (symbols G–K$ or GK$), is a hypothetical unit of currency that has the same purchasing power parity (PPP) that the U.S. dollar had in the United States at a given point in time. It is mainly used in economics and financial statistics for various purposes, most notably

Finance

International finance

International finance (also referred to as international monetary economics) is the branch of monetary and macroeconomic interrelations between two or more countries. International finance examines the dynamics of the global financial system, international monetary systems, balance of payments, exchange rates, foreign direct investment, and how these topics relate to international trade.

Finance

International Finance Corporation

The International Finance Corporation (IFC) is an international financial institution that offers investment, advisory, and asset management services to encourage private sector development in developing countries. It is a member of the World Bank Group and is headquartered in Washington, D.C.

Finance

International financial management

International financial management, also known as international finance, is the management of finance in an international business environment; that is, trading and making money through the exchange of foreign currency. The international financial activities help the organizations to connect with international dealings with overseas business partners- customers, suppliers, lenders etc. I

Finance

International Financial Reporting Standards

International Financial Reporting Standards (IFRS) are accounting standards issued by the IFRS Foundation and the International Accounting Standards Board (IASB). They constitute a standardised way of describing a company's financial performance and position so that company financial statements are understandable and comparable across international boundaries. They are particularly relev

Finance

International Financial Services Centre, Dublin

The International Financial Services Centre (IFSC; Irish: Lárionad Seirbhísí Airgeadais Idirnáisiúnta) is an area of central Dublin and part of the CBD established in the 1980s as an urban regeneration area and special economic zone (SEZ) on the derelict state-owned former port authority lands of the reclaimed North Wall and George's Dock areas of the Dublin Docklands. The term has beco

Finance

International Securities Identification Number

An International Securities Identification Number (ISIN) is a code that uniquely identifies a security globally for the purposes of facilitating clearing, reporting and settlement of trades. Its structure is defined in ISO 6166. The ISIN code is a 12-character alphanumeric code that serves for uniform identification of a security through normalization of the assigned National Number, whe

Fiat currencies

International status and usage of the euro

The euro, which is the currency of the European Union member states in the eurozone, has been used internationally since its launch in 1999. On 1 January 2002, when the currency formally replaced 12 currencies of the original eurozone states, its usage was inherited in territories such as Montenegro which had used pre-euro currencies, while other minor currencies tied to pre-euro currenc

Trading basics

International tax planning

International tax planning also known as international tax structures or expanded worldwide planning (EWP), is an element of international taxation created to implement directives from several tax authorities following the 2008 worldwide recession.

Trading basics

International taxation

International taxation is the study or determination of tax on a person or business subject to the tax laws of different countries, or the international aspects of an individual country's tax laws as the case may be. Governments usually limit the scope of their income taxation in some manner territorially or provide for offsets to taxation relating to extraterritorial income. The manner

Trading basics

International Underwriting Association

The International Underwriting Association (IUA) of London is a trade association that represents companies that trade in the London insurance market outside Lloyd's of London. They include branches or subsidiaries of nearly all the world's largest international insurance and reinsurance companies.

Finance

Internationalization of the renminbi

Since the late 2000s, the People's Republic of China (PRC) has sought to internationalize its official currency, the renminbi (RMB) or Chinese yuan (CNY). This initiative aims to reduce dependence on the United States dollar and enhance China's influence in the global financial system. Key strategies have included promoting the use of the yuan in international trade invoicing, cross-bord

Payments & settlement

Interpay

Interpay Nederland B.V. was the Dutch payment processor and payment product provider that operated from 1994 until 2006. Interpay owned the payment systems PIN, Chipknip, Acceptgiro and Incasso. The organisation was owned by a consortium of Dutch banks. In 2005, they spun off Currence which in 2006 merged with German company Transaktionsinstitut für Zahlungsverkehrsdienstleistungen AG to

Finance

Intertemporal portfolio choice

Intertemporal portfolio choice is the process of allocating one's investable wealth to various assets, especially financial assets, repeatedly over time, in such a way as to optimize some criterion. The set of asset proportions at any time defines a portfolio. Since the returns on almost all assets are not fully predictable, the criterion has to take financial risk into account. Typicall

Trading basics

Intrade

Intrade.com was a web-based prediction market which offered a platform where individuals could place bets on future outcomes. After having been forced to exclude US traders in 2012, on 10 March 2013 Intrade suspended all trading, citing possible "financial irregularities". For a time after the suspension, the intrade.com website stated that they were working on a relaunch of the site, ca

Securities & exchanges

Intrinsic value (finance)

In finance, the intrinsic value of an asset or security is its value as calculated with regard to an inherent, objective measure. As a distinction, the asset's price is determined relative to other similar assets.

Trading basics

Introitus et Exitus

Introitus et Exitus Cameræ Apostolicæ (Latin: What Comes In and What Goes Out of the Apostolic Camera) is a six-hundred-and-six-volume financial record of the Apostolic Camera of the Holy See, from 1279 to 1524, located in the Vatican Secret Archives. The volumes span the reigns of thirty-two popes from Pope Nicholas III to Pope Clement VII. The volumes relating to the Avignon Popes (130

Finance

Inventory turnover

In accounting, the inventory turnover is a measure of the number of times inventory is sold or used in a time period such as a year. It is calculated to see if a business has an excessive inventory in comparison to its sales level. The equation for inventory turnover equals the cost of goods sold divided by the average inventory. Inventory turnover is also known as inventory turns, merc

Finance

Inverted yield curve

In finance, an inverted yield curve is a yield curve in which short-term debt instruments (typically bonds) have a greater yield than longer term bonds. An inverted yield curve is an unusual phenomenon; bonds with shorter maturities generally provide lower yields than longer term bonds.

Trading basics

Investigation of 2025 Czech government Bitcoin scandal

Investigation of 2025 Czech government Bitcoin scandal comprises a series of political, legal, and media events following the replacement of Pavel Blažek by Eva Decroix as Minister of Justice in June 2025. This personnel change was precipitated by the outbreak of the so-called Bitcoin scandal.

Trading basics

Investment

Investment is traditionally defined as the "commitment of resources into something expected to gain value over time". If an investment involves money, then it can be defined as a "commitment of money to receive more money later". From a broader viewpoint, an investment can be defined as "to tailor the pattern of expenditure and receipt of resources to optimise the desirable patterns of t

Banking

Investment banking

Investment banking is an advisory-based financial service primarily for corporations, governments, and institutional investors. Traditionally associated with corporate finance, such a bank might assist in raising financial capital by underwriting or acting as the client's agent in the issuance of debt or equity securities. An investment bank may also provide services to companies involve

Trading basics

Investment Canada Act

The Investment Canada Act (ICA; French: Loi sur Investissement Canada, LIC) is a Canadian federal law governing foreign direct investment in Canada. The ICA was one of the first acts of Brian Mulroney's newly elected Progressive Conservative government, receiving royal assent on 20 June 1985. It has been amended at various times, including recently through Bill C-34, An Act to amend th

Trading basics

Investment club

An investment club is a group of individuals who meet for the purpose of pooling money and investing; members typically meet periodically to make investment decisions as a group through a voting process and recording of minutes, or gather information and perform investment transactions outside the group. In the US the upper limit for the value of an investment club's worth is $25m. There

Trading basics

Investment management

Investment management (sometimes referred to more generally as financial asset management) is the professional asset management of various securities, including shareholdings, bonds, and other assets, such as real estate, to meet specified investment goals for the benefit of investors. Investors may be institutions, such as insurance companies, pension funds, corporations, charities, edu

Finance

Investment outsourcing

Investment outsourcing is the process whereby institutional investors and high-net-worth families engage a third party to manage all or a portion of their investment portfolio. This arrangement can include functions such as establishing the asset allocation, selecting investment managers, implementing portfolio decisions (both strategic and tactical), providing on-going oversight, perfo

Finance

Investment performance

Investment performance is the return on an investment portfolio, which can contain a single asset or multiple assets.

Securities & exchanges

Investment style

Investment style,

Finance

Investor

An investor is a person or entity that allocates financial capital with the expectation of a future return (profit) or to gain an advantage (interest). Through this allocated capital the investor usually purchases some species of property. Types of investments include equity, debt, securities, real estate, infrastructure, currency, commodity, token, derivatives such as put and call optio

Securities & exchanges

Investor relations

Investor relations (IR) is a "strategic management responsibility that is capable of integrating finance, communication, marketing and securities law compliance to enable the most effective two-way communication between a company, the financial community, and other constituencies, which ultimately contributes to a company's securities achieving fair valuation." as defined by National Inv

Trading basics

Investor–state dispute settlement

Investor–state dispute settlement (ISDS), or an investment court system (ICS), is a set of rules through which states (sovereign nations) can be sued by foreign investors for certain state actions affecting the foreign direct investments (FDI) of that investor. This most often takes the form of international arbitration between the foreign investor and the state. As of June 2024, over US

Securities & exchanges

IQ Option

IQ Option is a binary options trading broker that also offers services in Forex, stocks, and cryptocurrencies. The company was founded in 2013. In 2017, IQ Option shifted its focus to CFDs and cryptocurrencies, though binary options remain a significant part of its operations in certain markets, particularly where regulations are less stringent.

Finance

Irish Section 110 Special Purpose Vehicle

An Irish Section 110 special purpose vehicle (SPV) or section 110 company is an Irish tax resident company, which qualifies under Section 110 of the Taxes Consolidation Act 1997 (TCA) for a special tax regime that enables the SPV to attain "tax neutrality": i.e., the SPV pays no Irish taxes, VAT, or duties.

Securities & exchanges

Iron butterfly (options strategy)

In finance an iron butterfly, also known as the ironfly, is the name of an advanced, neutral-outlook, options trading strategy that involves buying and holding four different options at three different strike prices. It is a limited-risk, limited-profit trading strategy that is structured for a larger probability of earning smaller limited profit when the underlying stock is perceived to

Finance

Iron condor

The iron condor is an options trading strategy utilizing two vertical spreads – a put spread and a call spread with the same expiration and four different strikes. A long iron condor is essentially selling both sides of the underlying instrument by simultaneously shorting the same number of calls and puts, then covering each position with the purchase of further out of the money call(s)

Trading basics

Irrational exuberance

"Irrational exuberance" is a phrase used by the then-Federal Reserve Board chairman, Alan Greenspan, in a December 1996 speech given at the American Enterprise Institute during the dot-com bubble of the 1990s. The phrase was interpreted as a warning that the stock market might be overvalued.

Finance

ISBInsight

ISBInsight is the biannual research periodical of the Indian School of Business (ISB). It features articles based on Indian and emerging markets-focused management research. ISBInsight also publishes interviews with thought leaders and decision makers from industry, academia, government and non-governmental organisations. It presents research across management areas such as strategy, mar

Banking

Islamic banking and finance

Islamic banking, Islamic finance (Arabic: مصرفية إسلامية masrifiyya 'islamia), or Sharia-compliant finance is banking or financing activity that complies with Sharia (Islamic law) and its practical application through the development of Islamic economics. Some of the modes of Islamic finance include mudarabah (profit-sharing and loss-bearing), wadiah (safekeeping), musharaka (joint ventu

Banking

Islamic banking and finance in Canada

The demand for Islamic banking and finance has grown in Canada due to the growing Muslim population in the country who want to avoid riba and other financial practices in violation of sharia. These sharia-compliant financial products are not offered by main financial institutions and, thus, small financial companies are major players. However, major companies like WealthSimple are start

Finance

Islamic banking in Malaysia

Islamic banking in Malaysia began in September 1963 when Perbadanan Wang Simpanan Bakal-Bakal Haji (PWSBH) was established. PWSBH was set up as an institution for Muslims to save for their Hajj (pilgrimage to Mecca) expenses. In 1969, PWSBH merged with Pejabat Urusan Haji to form Lembaga Urusan dan Tabung Haji (now known as Lembaga Tabung Haji).

Finance

Islamic finance products, services and contracts

Islamic finance products, services and contracts are financial products and services and related contracts that conform with Sharia (Islamic law). Islamic banking and finance has its own products and services that differ from conventional banking. These include Mudharabah (profit sharing), Wadiah (safekeeping), Musharakah (joint venture), Murabahah (cost plus finance), Ijar (leasing), Ha

Finance

ISO 10962

ISO 10962, known as Classification of Financial Instruments (CFI), is a six-letter-code used in the financial services industry to classify and describe the structure and function of a financial instrument (in the form of security or contract) as part of the instrument reference data. It is an international standard approved by the International Organization for Standardization (ISO). CF

Finance

ISO 15022

ISO 15022 is an ISO standard for securities messaging used in transactions between financial institutions. Participants in the financial industry need a common representation of the financial transactions they perform and this standard defines general message schema, which in turn are used by organizations to define messages in a complete and unambiguous way. This results in efficiency,

Trading basics

ISO 20022

ISO 20022 is an ISO standard for electronic data interchange between financial institutions. It describes a metadata repository containing descriptions of messages and business processes, and a maintenance process for the repository content. The standard covers financial information transferred between financial institutions that includes payment transactions, securities trading and sett

Payments & settlement

ISO 8583

ISO 8583 is an international standard for financial transaction card originated interchange messaging. It is the International Organization for Standardization standard for systems that exchange electronic transactions initiated by cardholders using payment cards.

Finance

ISO 9362

ISO 9362 is an international standard for Business Identifier Codes (BIC), a unique identifier for business institutions, approved by the International Organization for Standardization (ISO). BIC is also known as SWIFT-BIC, SWIFT ID, or SWIFT code, after the Society for Worldwide Interbank Financial Telecommunication (SWIFT), which is designated by ISO as the BIC registration authority.

Finance

ISO 9564

ISO 9564 is an international standard for personal identification number (PIN) management and security in financial services.

Securities & exchanges

Israel Englander

Israel Alexander Englander (born September 30, 1948) is an American billionaire hedge fund manager. In 1989, he founded his hedge fund, Millennium Management, with Ronald Shear. The fund was started with US$35 million, and as of July 2026 had US$92 billion in assets under management.

Finance

Italian lira

The lira ( LEER-ə, Italian: [ˈliːra]; pl.: lire, LEER-eh, Italian: [ˈliːre]) was the currency of Italy between 1861 and 2002. It was introduced by the Napoleonic Kingdom of Italy in 1807 at par with the French franc, and was subsequently adopted by the different states that would eventually form the Kingdom of Italy in 1861. It was subdivided into 100 centesimi (sing.: centesimo), which

Trading basics

Italian Sounding

Italian Sounding is the marketing phenomenon consisting of words and images, colour combinations (the Italian tricolour), and geographical references for brands that are evocative of Italy to promote and market agri-food products that have nothing to do with Italian cuisine. The phenomenon is described by the Office of the Ministry of Economic Development (MISE) called Directorate Genera

Trading basics

Itautec

Itautec is a Brazilian electronics company founded in 1979. Currently, its a division of the Itaúsa group, a Brazilian business group.

Finance

Itô calculus

Itô calculus, named after Kiyosi Itô, extends the methods of calculus to stochastic processes such as Brownian motion (see Wiener process). It has important applications in mathematical finance, in stochastic differential equations, and more recently even in machine learning.

Finance

Japanese financial system

The main elements of Japan's financial system are much the same as those of other major industrialized nations: a commercial banking system, which accepts deposits, extends loans to businesses, and deals in foreign exchange; specialized government-owned financial institutions, which fund various sectors of the domestic economy; securities companies, which provide brokerage services, unde

Securities & exchanges

Jay Clayton

Walter Joseph "Jay" Clayton III (born July 11, 1966) is an American attorney who has served as the 9th director of national intelligence since August 2026. Clayton has additionally served as the White House AI czar since October 2026. He served as the United States attorney for the Southern District of New York from 2025 to 2026 and as the chairman of the Securities and Exchange Commissi

Securities & exchanges

Jeff Yass

Jeffrey Steven Yass (born July 1958) is an American billionaire businessman. According to Forbes, Yass had a net worth of US$77.8 billion as of September 2026, up from $27.6 billion in April 2024. The richest man in Pennsylvania, he is also the 25th richest in the world. He is a registered Libertarian who gives money to conservative super PACs including Club for Growth Action and the Pro

Finance

Jelly roll (options)

A jelly roll, or simply a roll, is an options trading strategy that captures the cost of carry of the underlying asset while remaining otherwise neutral. It is often used to take a position on dividends or interest rates, or to profit from mispriced calendar spreads.

Fiat currencies

Jem Bendell

Jem Bendell is an emeritus professor of sustainability leadership with the University of Cumbria in the UK. He is best known for originating in 2018 the concept of "deep adaptation" for individuals and communities anticipating (or already coping with) the consequences of ongoing climate change. In 2019 he founded the Deep Adaptation Forum to support peer-to-peer communications in develop

Finance

Jensen's alpha

In finance, Jensen's alpha (or Jensen's Performance Index, ex-post alpha) is used to determine the abnormal return of a security or portfolio of securities over the theoretical expected return. It is a version of the standard alpha based on a theoretical performance instead of a market index.

Securities & exchanges

Jerry Markham

Jerry W. Markham is a professor at the Florida International University College of Law, and a legal scholar on business organizations and securities regulation in the United States. He has been quoted or cited as an expert on the regulation of financial and commodities markets in a wide variety of news sources, and his three-volume collection, A Financial History of the United States, ha

Securities & exchanges

Joe Ritchie

Joseph Jay Ritchie (January 1, 1947 – February 22, 2022), better known as Joe Ritchie, was an options and commodities trader. In 1977, he founded Chicago Board Crushers, later renamed Chicago Research and Trading (CRT) and served as the head of Fox River Partners at the time of his death. Ritchie had ten children and was married to Sharon Ritchie for over fifty years.

Securities & exchanges

Joel Seligman

Joel Seligman (born January 11, 1950) is an American legal scholar and former academic administrator. He served as the 10th president of the University of Rochester, in Rochester, New York, from 2005 to 2018. Seligman is also one of the leading authorities on securities law in the United States. Seligman stepped down from his presidency in 2018 following his handling of a university-wide

Fiat currencies

John B. Taylor

John Brian Taylor (born December 8, 1946) is an American economist who is the Mary and Robert Raymond Professor of Economics at Stanford University, and the George P. Shultz Senior Fellow in Economics at Stanford University's Hoover Institution.

Securities & exchanges

John C. Coffee

John C. Coffee Jr. (born November 15, 1944) is the Adolf A. Berle Professor of Law and director of the Center on Corporate Governance at Columbia Law School.

Securities & exchanges

John D'Agostino (financial services)

John Joseph D'Agostino is an American business executive and entrepreneur. D'Agostino is a senior advisor to Coinbase and Chairman of US Asset Management Committee for the Department for International Trade. He previously was managing director at the world's largest fund governance firm DMS Offshore, where he was also on the board of hedge funds providing independent oversight. He was pr

Trading basics

John Gore Organization

The John Gore Organization (JGO), formerly known as Key Brand Entertainment (KBE), is a producer and distributor of live theater in North America as well as an e-commerce company focused on theater. KBE was founded in the UK in 2004 by 14-time Tony Award-winning producer John Gore who is the company's chairman, CEO and owner.

Securities & exchanges

John W. Henry

John William Henry II (born September 13, 1949) is an American businessman and the founder of John W. Henry & Company, an investment management firm. He is the principal owner of Liverpool Football Club, the Boston Red Sox, The Boston Globe, co-owner of RFK Racing and former owner of the Pittsburgh Penguins. As of October 2024, Forbes estimated his net worth to be US$5.7 billion.

Securities & exchanges

Jon Ruggles

Jon Paul Ruggles (born November 28, 1973) is an American executive known for founding Monroe Energy and creating an internal trading house for Delta Air Lines that earned $420 million in trading profits in its first year. According to CNBC, Delta hired Ruggles as vice-president of fuel in 2011 to help right a fuel-hedge book that had been losing the airline money. He managed to generate

Trading basics

Jordanian dinar

The Jordanian dinar (Arabic: دينار أردني; code: JOD; symbol: د.أ, unofficially abbreviated as JD) has been the currency of Jordan since 1950. The Central Bank of Jordan commenced operations in 1965 and became the sole issuer of Jordanian currency and central bank, in place of the Jordan Currency Board.

Payments & settlement

JPay

JPay is a privately held information technology and financial services provider focused on serving the United States prison system. With headquarters in Miramar, Florida, the company contracts with state, county, and federal prisons and jails to provide technologies and services including money transfer, email, video visitation and parole and probation payments to approximately 1.5 mill

Securities & exchanges

Judy Joo

Judy Joo (born December 9, 1974 or 1975) is an American chef, author, restaurateur, and television personality. She is best known as the host of Food Network's Korean Food Made Simple, and an Iron Chef UK and her restaurant Seoul Bird in London, Edinburgh, Las Vegas, and New York.

Finance

Jump diffusion

Jump diffusion is a stochastic process that involves jumps and diffusion. It is a type of Lévy process. It has important applications in magnetic reconnection, coronal mass ejections, condensed matter physics, and pattern theory and computational vision.

Trading basics

Jurisdictional arbitrage

Jurisdictional arbitrage is the practice of taking advantage of discrepancies between competing legal jurisdictions. It takes its name from arbitrage, the practice in finance of purchasing a good at a lower price in one market and selling it at a higher price in another. Just as in financial arbitrage, the attractiveness of jurisdiction arbitrage depends largely on its transaction costs,

Finance

Kagi chart

The Kagi chart (Japanese: かぎ足, romanized: kagiashi) is a chart used for tracking price movements and to make decisions on purchasing stock. It differs from traditional stock charts such as the Candlestick chart by being mostly independent of time. This feature aids in producing a chart that reduces random noise.

Securities & exchanges

Kalshi

Kalshi Inc. is a prediction market platform based in Manhattan, New York City, that launched in July 2021. The platform is used primarily for sports betting, which constitutes more than 90% of site activity and 89% of revenue in 2025. Analysts describe activity on the platform as "heavily tied to the sports calendar". Individuals can place bets on other future outcomes, including economi

Finance

Kantox

Kantox Ltd is a multinational fintech company that offers Currency Management Automation software for corporate clients. Their software automates the pre-trade, trade, and post-trade stages of the corporate foreign exchange (FX) workflow.

Trading basics

Khanani & Kalia International

Khanani & Kalia International (Private) Limited (abbreviated KKI) was a Pakistani foreign exchange company that operated from 1992 to 2008, when it was closed down by the government of Pakistan for being involved in money laundering. Blocked by U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC), it was found to have also involved in the illicit international moveme

Finance

King Abdullah Financial District

King Abdullah Financial District (KAFD) or simply Al-Maliyyah is a major mixed-use financial district located in the Al-Aqeeq neighbourhood of Riyadh, Saudi Arabia. It serves as the country's financial centre and a central hub for banking, investment, and professional services.

Payments & settlement

Klarna

Klarna Group plc is a Swedish financial technology company and digital bank. Founded in 2005 in Stockholm, Sweden, Klarna provides digital payments, short-term consumer credit, cards, banking services and merchant tools for online and in-store commerce. It is listed on the New York Stock Exchange and is best known for buy now, pay later payment products.

Trading basics

KlickEx

KlickEx is a New Zealand fintech company that provides a payment system for domestic, low value electronic foreign exchange transactions to Polynesian countries using a smart market retail system.

Trading basics

Klöckner & Co

Klöckner & Co SE (also known as Klöckner, KlöCo, or KCO) is a producer-independent processor of steel and metal products. With a network of 110 warehousing and processing locations, Klöckner & Co supplies over 60,000 customers, mainly in Europe and North America.

Banking

Know your customer

Know your customer or know your client (KYC) laws, regulations and guidelines in financial services require regulated businesses and professionals to verify the identity of a customer, and the suitability and risks involved with maintaining a business relationship with them. These procedures fit within the broader scope of anti-money laundering (AML) and counter terrorism financing (CTF)

Fiat currencies

Knut Wicksell

Johan Gustaf Knut Wicksell (December 20, 1851 – May 3, 1926) was a Swedish economist of the Stockholm school. He was professor at Uppsala University and Lund University.

Finance

Korea Investment Corporation

The Korea Investment Corporation (KIC; Korean: 한국투자공사; Hanja: 韓國投資公社; RR: Hanguktujagongsa) is a sovereign wealth fund established by the government of South Korea in 2005. Its mission is to preserve and enhance the long-term purchasing power of South Korea's sovereign wealth (foreign reserves) through efficient management of public funds in the international financial markets. KIC manag

Finance

Korn–Kreer–Lenssen model

The Korn–Kreer–Lenssen model (KKL model) is a discrete trinomial model proposed in 1998 by Ralf Korn, Markus Kreer and Mark Lenssen to model illiquid securities and to value financial derivatives on these.

Trading basics

KSE 100 Index

The KSE-100 Index is a total return stock index acting as a benchmark to compare prices on the Pakistan Stock Exchange (PSX) over a period.

Assets

KuCoin

KuCoin is a Seychelles-based cryptocurrency exchange. It was founded in China in 2017, but was later moved to Singapore following the Chinese government's restrictions on cryptocurrency companies, and eventually to the Seychelles.

Assets

L3cos

L3COS (Level 3 Consensus Operating System) is an algorithm for digitising processes based on Blockchain, which has a three-level structure and is distributed as Platform as a Service for state bodies and businesses. The algorithm is based on the blockchain, in which any decision made at any of the levels will become part of the common chain. The technology involves a three-level framewor

Trading basics

La Caldera (NFT collection)

La Caldera is a non-fungible token (NFT) collection created by Colombian singer-songwriter Shakira and Australian graphic designer BossLogic released on 21 September 2021. The collection consists of four pieces named "Zenith", "Caloris", "Watch, Don't Touch", and "Save Me from Myself". Each piece features music by Shakira and animated, digitally altered pictures of Shakira in the fantasy

Finance

LabEx ReFi - European Laboratory on Financial Regulation

Since the financial crisis, regulation of financial activities is at the center of economic and political events. The crisis has indeed led regulators but also the academic world to ask new questions about the effectiveness of regulation policies. To answer these questions, the French laboratory of excellence on financial regulation (Labex ReFi) was established at the initiative of the C

Finance

Ladder (option combination)

In finance, a ladder, also known as a Christmas tree, is a combination of three options of the same type (all calls or all puts) at three different strike prices. A long ladder is used by traders who expect low volatility, while a short ladder is used by traders who expect high volatility. Ladders are in some ways similar to strangles, vertical spreads, condors, or ratio spreads.

Trading basics

Land banking

Land banking is the practice of aggregating parcels of land for future sale or development.

Finance

Landmark Credit Union

Landmark Credit Union is an American credit union providing banking services in Wisconsin and Northern Illinois . It operates as a cooperative and is owned by its members. Landmark provides banking services including, savings accounts, checking accounts, mortgages and investments.

Fiat currencies

Lars E. O. Svensson

Lars Erik Oscar Svensson, is a Swedish economist. He was on the faculty of Princeton University 2001–2009. Since June 2014, he is Affiliated Professor at the Stockholm School of Economics. Since 2009 he is Affiliated Professor at Stockholm University. He has published significant research in macroeconomics, especially monetary economics, international trade and general equilibrium theory

Trading basics

Lat money

Lat money (Lao: ເງິນລາດ) refers to the bar-shaped coinage minted and used as currency in the kingdom of Lan Xang and its successor kingdoms of Vientiane, Luang Prabang, and Champasak. "Lat" is a Lao abbreviation for "talat" or "market," referring to the small denomination currency which may also be referred to as "boat money" or "Ngern Heua." The bar-shaped coinage of Lan Xang could be d