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Digital assets and currencies

Understand assets, networks and trading mechanics with sources you can check.

Networks

HyperVerse

HyperVerse is a defunct cryptocurrency hedge fund (formerly HyperNation, then HyperFund, then HyperVerse in 2021). The collapse of the company resulted in approximately $1.3 billion in customer losses.

Trading basics

Iasis Healthcare

IASIS Healthcare, located in Franklin, Tennessee, was the for-profit owner and operator of medium-sized acute care hospitals in high-growth urban and suburban markets. IASIS owns or leases 17 acute care hospital facilities and one behavioral health hospital facility with a total of 3,581 licensed beds and has total annual net revenue of approximately $3.2 billion. These hospital facilit

Trading basics

Idea Cellular

Idea Cellular Limited was an Indian telecommunications based in Mumbai, Maharashtra. It was an integrated GSM operator and had 220.00 million subscribers as of June 2018.

Trading basics

IGA, Inc.

IGA, INC. is an international affiliation of franchised grocery stores that are independently owned and operated. As of 2026, the network included nearly 7,500 supermarkets in more than 30 countries, representing $80 billion in annual sales — with many IGA stores operating in small-town markets and owned by their managing families.

Trading basics

IMM Graduate School

The IMM Graduate School is a private higher education institution in South Africa and forms part of the UXi Education group. It offers programmes in business education, with particular emphasis on marketing management, business management, supply chain management, and project management.

Trading basics

Infinity Group

Infinity Group is a private equity fund backed by China Development Bank and Clal Industries. The head of Infinity Group is Amir Gal-Or. Infinity Group manages RMB 10 billion and 100 portfolio companies, through 17 local RMB funds throughout China.

Securities & exchanges

Insider trading

Insider trading is the trading of a public company's stock or other securities (such as bonds or stock options) based on material, nonpublic information about the company. In many countries, trading based on insider information is illegal. The rationale for this prohibition of insider trading differs between countries and regions. Some view it as unfair to other investors in the market w

Finance

Insurance in the United States

Insurance in the United States refers to the market for risk in the United States, the world's largest insurance market by premium volume. According to Swiss Re, of the $7.186 trillion of global direct premiums written worldwide in 2023, $3.226 trillion (44.9%) were written in the United States.

Fiat currencies

International monetary system

An international monetary system is a set of internationally agreed rules, conventions and supporting institutions that facilitate international trade, cross border investment and generally the reallocation of capital between states that have different currencies. It should provide means of payment acceptable to buyers and sellers of different nationalities, including deferred payment. T

Finance

Investigation Division of the Central Board of Direct Taxes

The Investigation Division of the CBDT, abbreviated as Inv-CBDT, is the revenue enforcement agency of the Central Board of Direct Taxes, Government of India. It functions under the Department of Revenue in the Union Ministry of Finance and is concerned with the collection and administration of, as well as enforcement and prosecution of cases related to, the various direct taxes accruing

Trading basics

Investment wine

Investment wine, like gold bullion, rare coins, fine art, and tulip bulbs, is seen by some as an alternative investment other than the more traditional investment holdings of company shares, bonds, cash, or real estate. While most wine is purchased with the intent of consuming it, some wines are purchased with the intention to resell them at a higher price in the future. A wine's value o

Trading basics

Ira Rennert

Ira Leon Rennert (born May 31, 1934) is an American billionaire businessman, and the chairman and CEO of Renco Group. As of November 2024, Forbes estimated his net worth at US$3.8 billion.

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.

Securities & exchanges

Ivan Boesky

Ivan Frederick Boesky (; March 6, 1937 – May 20, 2024) was a convicted criminal and an American stock trader who was infamous for his prominent role in an insider trading scandal in the mid-1980s. After getting caught he became a government informant and then pleaded guilty, and was fined a record $100 million, and served twenty months in prison.

Trading basics

James Hanson, Baron Hanson

James Edward Hanson, Baron Hanson (20 January 1922 – 1 November 2004) was an English industrialist who built his businesses through the process of leveraged buyouts through Hanson plc. Hanson's billion-dollar empire earned him the nickname "Lord Moneybags".

Trading basics

Japanese economic miracle

The Japanese economic miracle (Japanese: 高度経済成長, romanized: Kōdo keizai seichō) refers to a period of economic growth in post–World War II Japan. It generally refers to the period from 1955, around which time the per capita gross national income of the country recovered to pre-war levels, and to the onset of the 1973 oil crisis.

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

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

Securities & exchanges

Jim Simons

James Harris Simons (April 25, 1938 – May 10, 2024) was an American hedge fund manager, investor, mathematician, and philanthropist. At the time of his death, Simons's net worth was estimated to be $31.4 billion, making him the 55th-richest person in the world. He was the founder of Renaissance Technologies, a quantitative hedge fund based in East Setauket, New York. He and his fund are

Trading basics

John Laing Group

John Laing Group is a British investor, developer and operator of privately financed, public sector infrastructure projects such as roads, railways, hospitals and schools through public-private partnership (PPP) and private finance initiative (PFI) arrangements. It was listed on the London Stock Exchange and was a constituent of the FTSE 250 Index before its acquisition by KKR.

Securities & exchanges

John Overdeck

John Albert Overdeck (born 1969) is an American billionaire hedge fund manager. Overdeck is the co-founder and co-chairman of Two Sigma Investments, a New York City-based hedge fund that uses a variety of technological methods, including artificial intelligence, machine learning, and distributed computing for its trading strategies. In 2016, Overdeck reported $375 million in earnings an

Securities & exchanges

John Paulson

John Alfred Paulson (born December 14, 1955) is an American billionaire hedge fund manager. He leads Paulson & Co., a New York-based investment management firm he founded in 1994. He has been called "one of the most prominent names in high finance".

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

Jute trade

The jute trade is centered mainly around India's West Bengal and Assam, and Bangladesh. The major producing country of jute is India and biggest exporter is Bangladesh, due to their natural fertile soil. Production of jute by India and Bangladesh are respectively 1.968 million ton and 1.349 million metric ton. Bengal jute was exported to South East Asia from the 17th century by the Dutch

Securities & exchanges

Kenneth Fisher

Kenneth Lawrence Fisher (born November 29, 1950) is an American billionaire investment analyst, author, and the founder and executive chairman of Fisher Investments, a fee-only financial adviser. Fisher's Forbes "Portfolio Strategy" column ran from 1984 to 2017, making him the longest continuously running columnist in the magazine's history. Fisher is now known for writing monthly, nativ

Securities & exchanges

Kevin O'Leary

Terrence Thomas Kevin O'Leary (born July 9, 1954), self-styled as Mr. Wonderful, is a Canadian businessman and television personality. From 2004 to 2014, he appeared on various Canadian television shows, including the business news program The Lang and O'Leary Exchange as well as reality show Dragons' Den. O'Leary hosted Discovery Channel's Project Earth in 2008 and has appeared on Shark

Finance

Korea Minting and Security Printing Corporation

The Korea Minting, Security Printing and ID Card Operating Corporation (KOMSCO; Korean: 한국조폐공사) is a state-owned corporation which is responsible to print and mint the banknotes and coins and other government documents. Its headquarters are located in Daejeon, South Korea.

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

Trading basics

Lawson Boom

The Lawson Boom was the macroeconomic conditions prevailing in the United Kingdom at the end of the 1980s, which became associated with the policies of Margaret Thatcher's Chancellor of the Exchequer, Nigel Lawson. The economic boom saw strong economic growth during the second half of the 1980s, sparking a sharp fall in unemployment, which was still in excess of 3 million at the end of 1

Finance

Le Freeport

Le Freeport, formerly known as Singapore Freeport, is a high-security storage and display facility in Singapore. Since 2022, the facility is owned by Chinese-born Singaporean cryptocurrency billionaire Jihan Wu through his holding company Bitdeer Technologies. Prior to that, a majority stake was held by Natural Le Coultre S.A. of art dealer and shipper Yves Bouvier. Opened near Singapore

Trading basics

Leon Black

Leon David Black (born July 31, 1951) is an American private equity investor. He is the former CEO of Apollo Global Management, which he co-founded in 1990 with Marc Rowan and Josh Harris. Black was the chairman of the Museum of Modern Art from 2018 to 2021. Black resigned from both Apollo Global Management and the Museum of Modern Art in the wake of revelations about his business ties t

Fiat currencies

Leper colony money

Leper colony money was special money (scrip or vouchers) which circulated only in leper colonies (sanatoriums for people with leprosy) due to the fear that money could carry leprosy and infect other people. However, leprosy is not easily transmitted by casual contact or objects; actual transmission only happens through long-term, constant, intimate contact with leprosy sufferers and not

Trading basics

Lesotho loti

The loti (plural: maloti) is the currency of the Kingdom of Lesotho. It is subdivided into 100 sente (pl. lisente). It is pegged to the South African rand on a 1:1 basis through the Common Monetary Area, and both are accepted as legal tender within Lesotho. The loti was first issued in 1966, albeit as a non-circulating currency. In 1980, Lesotho issued its first coins denominated in both

Payments & settlement

LevelUp

LevelUp was an American white-label platform for restaurants offering mobile ordering, QR-code payments and loyalty/CRM tools. It was created by Boston-based startup SCVNGR. Grubhub announced its acquisition of LevelUp for US$390 million in July 2018 and closed the deal on September 13, 2018. Post-acquisition, LevelUp’s technology was integrated into Grubhub’s restaurant-facing products,

Trading basics

LGT Group

LGT Group is a private banking and asset management group that has been fully controlled by the Liechtenstein Princely Family for over 90 years. As of 31 December 2025, LGT managed assets of CHF 386.1 billion for private individuals and institutional clients. LGT employs around 6,000 staff across over 40 locations in Europe, Asia, the Americas, Australia and the Middle East.

Payments & settlement

Liberty Reserve

Liberty Reserve was a Costa Rica-based centralized digital currency service that billed itself as the "oldest, safest and most popular payment processor, serving millions all around a world". Liberty Reserve was conceived as a "PayPal for the unbanked," allowing the 2.5 billion people without bank accounts or credit histories to participate in the modern economy. The site had over one mi

Trading basics

Life Insurance Corporation

The Life Insurance Corporation of India (LIC) is an Indian public sector life insurance company headquartered in Mumbai, Maharashtra, India. It is India's largest insurance company and its largest institutional investor with total assets under management worth ₹57.29 lakh crore (equivalent to ₹61 trillion or US$630 billion in 2026) as of May 2026. It is under the ownership of Government

Trading basics

LifePoint Health

LifePoint Health is an American company that provides healthcare services in growing regions, rural communities and small towns. It was established in 1999 and is headquartered in Brentwood, Tennessee. As of November 16, 2018, it operated 89 hospital campuses in 30 states with more than $6 billion in revenues. In 2011, the company was included in the Hospital Engagement Network by the U.

Finance

List of American exchange-traded funds

This is a table of notable American exchange-traded funds, or ETFs. As of 2020, the number of exchange-traded funds worldwide was over 7,600, representing about 7.74 trillion U.S. dollars in assets. The largest ETF, as of April 2021, was the SPDR S&P 500 ETF Trust (NYSE Arca: SPY), with about $353.4 billion in assets. The second-largest was the iShares Core S&P 500 ETF with around $270.

Finance

List of public corporations by market capitalization

The following is a list of publicly traded companies, that have the largest market capitalization or "market value". Most or all of these companies would be categorized as megacap stocks.

Trading basics

List of trading companies

A trading company is a business that works with different kinds of products sold for consumer, business purposes. In contemporary times, trading companies buy a specialized range of products, shopkeeper them, and coordinate delivery of products to customers.

Assets

Litecoin

Litecoin (abbreviation: LTC) is a cryptocurrency and open-source software project created by Charlie Lee and released in 2011. Its software was derived from Bitcoin's codebase. Litecoin uses a scrypt-based proof-of-work system, targets a block interval of 2.5 minutes, and has a maximum supply of 84 million litecoins.

Trading basics

Local exchange trading system

A local exchange trading system (also local employment and trading system or local energy transfer system; abbreviated LETS) is a locally initiated, democratically organised, not-for-profit community enterprise that provides a community information service and records transactions of members exchanging goods and services by using locally created currency. LETS allow people to negotiate t

Trading basics

London bullion market

The London bullion market is a wholesale over-the-counter market for the trading of gold, silver, platinum and palladium. Trading is conducted amongst members of the London Bullion Market Association (LBMA), tightly overseen by the Bank of England. Most of the members are major international banks or bullion dealers and refiners.

Fiat currencies

London Gold Pool

The London Gold Pool was the pooling of gold reserves by a group of eight central banks in the United States and seven European countries that agreed on 1 November 1961 to cooperate in maintaining the Bretton Woods System of fixed-rate convertible currencies and defending a gold price of US$35 per troy ounce by interventions in the London gold market.

Finance

Lottery bond

Lottery bonds are a type of government bond in which some randomly selected bonds within the issue are redeemed at a higher value than the face value of the bond. Lottery bonds have been issued by public authorities in Belgium, Ireland, Pakistan, Sweden, New Zealand, the UK and other nations.

Trading basics

Louis Wolfson

Louis Elwood Wolfson (January 28, 1912 – December 30, 2007) was an American financier, a convicted felon, and one of the first modern corporate raiders, labeled by Time as such in a 1956 article. A self-made millionaire by 28, Wolfson is credited with creating the modern hostile tender offer, which laid the technical framework to the leveraged buyout. In later years, he was a major thoro

Banking

Lucky Baskhar

Lucky Baskhar (stylised as LUCKY BASKHA₹) is a 2024 Indian Telugu-language black comedy heist drama film written and directed by Venky Atluri. Produced by Sithara Entertainments, Fortune Four Cinema and Srikara Studios, the film stars Dulquer Salmaan in the titular role, alongside Meenakshi Chaudhary, Tinnu Anand, P. Sai Kumar, Ramki, Raghu Babu, Sarvadaman D. Banerjee, Sachin Khedekar a

Finance

Luxembourg High Security Hub

Luxembourg High Security Hub, until 2021 known as Luxembourg Freeport, is a €50-million high security storage facility adjacent to Luxembourg Findel Airport. The freeport opened in September 2014.

Trading basics

Luxury goods

In economics, a luxury good (or upmarket good) is a product or item or service for which demand increases more than what is proportional as income rises, so that expenditures on the good become a more significant proportion of overall spending. Luxury goods are in contrast to necessity goods, where demand increases proportionally less than income. Whereas people consume necessity goods

Finance

Madoff investment scandal

The Madoff investment scandal, sometimes known as Madoffgate, was a financial scandal discovered in late 2008. In December of that year, Bernie Madoff, the former Nasdaq chairman and founder of the Wall Street firm Bernard L. Madoff Investment Securities LLC, admitted that the wealth management arm of his business was an elaborate multi-billion-dollar Ponzi scheme. Madoff founded Bernard

Finance

Mais Lecture

The Mais Lecture has been hosted since 1978, on a mostly annual basis, by Bayes Business School (formerly Cass), part of City, University of London.

Assets

Malone Lam

Malone Lam Yu Xuan (born 19 July 2004) is a Singaporean man convicted for his connection to a cryptocurrency theft and money laundering scheme exceeding $260 million, according to the U.S. Attorney's Office for the District of Columbia.

Finance

Manulife Bank of Canada

Manulife Bank of Canada (operating as Manulife Bank; French: Banque Manuvie du Canada) is a wholly-owned subsidiary of Manulife. As a direct bank, it offers high-interest chequing & savings accounts, credit cards, lines of credit, and mortgages, including Manulife One. Since it was established in 1993, Manulife Bank has grown to more than $29 billion in assets and serves customers across

Finance

Maple Eight

In Canada, the Maple Eight are the eight largest pension funds. The investment approach used by the Maple-8 is known globally as the 'Canadian model', in which they utilize a direct investment approach and internally manage their own assets and portfolios. Collectively, as of March 2026, the pension funds control approximately CA$2.7 trillion in assets under management (AUM), and they a

Trading basics

Mark (sign)

A mark is a written or imprinted symbol used to indicate some trait of an item, for example, its ownership or maker. Mark usually consists of letters, numbers, words, and drawings. Inscribing marks on the manufactured items was likely a precursor of communicative writing.

Trading basics

Mark Attanasio

Mark L. Attanasio (born September 29, 1957) is an American businessman who is currently the principal owner of the Milwaukee Brewers baseball team and the majority shareholder of English football club Norwich City. As of 2026, he is worth an estimated $1.9 billion.

Securities & exchanges

Mark E. Kingdon

Mark E. Kingdon is a hedge fund manager and president of Kingdon Capital Management, a US investment management company with approximately $623 million in assets under management.

Trading basics

Mediq

Mediq is a Dutch health care company, which provides pharmaceuticals and medical supplies, by operating apothecaries and by delivering to medical centres and patients. The company is active in 15 countries and in 2012 had a revenue of €2.61 billion. Since 2013, it has been owned by Advent International.

Finance

Mehrangate

Mehrangate, also known as the Mehran bank scandal, was a major political scandal that took place during the government of Prime Minister Benazir Bhutto in 1990. It led to the filing of the Supreme Court case Air Marshal (Retd.) Asghar Khan vs General (Retd.) Mirza Aslam Beg & others.

Banking

Merchant bank

A merchant bank is historically a bank dealing in commercial loans and investment. In modern British usage, it is the same as an investment bank. Merchant banks were the first modern banks and evolved from medieval merchants who traded in commodities, particularly cloth merchants. Historically, merchant banks' purpose was to facilitate or finance the production and trade of commodities,

Trading basics

Merchantrade Asia

Merchantrade Asia (Merchantrade) is a financial service company based in Malaysia. The company's business is centered on international money transfers, foreign currency exchange, wholesale banknotes, digital payment processing and mobile telecommunications. They also introduced microinsurance as part of their service offerings.

Fiat currencies

Metallism

Metallism is the economic principle that the value of money derives from the purchasing power of the commodity upon which it is based. The currency in a metallist monetary system may be made from the commodity itself (commodity money) or it may use tokens (such as national banknotes) redeemable in that commodity. Georg Friedrich Knapp (1842–1926) coined the term "metallism" to describe

Finance

Mexican Stock Exchange

The Mexican Stock Exchange (Spanish: Bolsa Mexicana de Valores), commonly known as Mexican Bolsa, Mexbol, or BMV, is one of two stock exchanges in Mexico, the other being BIVA - Bolsa Institucional de Valores. It is the second largest stock exchange in Latin America, only after São Paulo based B3 in Brazil. It is also the fifth largest stock exchange in the Americas. The exchange platfor

Trading basics

Michael Ashcroft

Michael Anthony Ashcroft, Baron Ashcroft, (born 4 March 1946) is a British-Belizean businessman, pollster and politician. He is a former deputy chairman of the Conservative Party. Ashcroft founded Michael A. Ashcroft Associates in 1972 and was the 132nd richest person in the UK, as ranked by the Sunday Times Rich List 2021, with an estimated fortune of £1.257 billion.

Securities & exchanges

Michael Marcus (trader)

Michael Phillips Marcus was a commodities trader who, in less than 20 years, is reputed to have turned his initial $30,000 into $80 million.

Securities & exchanges

Michael Steinhardt

Michael H. Steinhardt (born December 7, 1940) is an American billionaire hedge fund manager and philanthropist. In 1967, he founded a hedge fund, Steinhardt Partners, which he ran until he closed it in 1995. After a hiatus from work, he returned to head WisdomTree Investments in 2004. In January 2014, he was on the cover of Forbes Magazine, referred to as "Wall Street's greatest trader".

Securities & exchanges

Microcap stock fraud

Microcap stock fraud is a form of securities fraud involving stocks of "microcap" companies, generally defined in the United States as those with a market capitalization of under $250 million. Its prevalence has been estimated to run into the billions of dollars a year. Many microcap stocks are penny stocks, which the SEC defines as a security that trades at less than $5 per share, is no

Securities & exchanges

Mike Vranos

Michael W. Vranos is an American hedge fund manager and philanthropist who in the 1990s was referred to by some as the "most powerful man on Wall Street." In 1993, he reportedly earned $15 million from trading mortgage bonds. Fortune Magazine once called him "one of the best bond traders on Wall Street." According to a 2007 Wall Street Journal article, he has continued to be regarded a

Finance

Ministry of Economics and Finance (France)

The Ministry of Economics, Finance and Industrial and Digital Sovereignty (French: Ministère de l'Économie, des Finances et de la Souveraineté industrielle et numérique, pronounced [ministɛʁ d(ə) lekɔnɔmi e definɑ̃s]), informally referred to as Bercy, is one of the most important ministries in the Government of France. Its minister is one of the most prominent cabinet members after the p

Finance

Ministry of the Treasury

The Ministry of the Treasury (大蔵省, Ōkura-shō; lit. 'the department of the great treasury') was a division of the eighth-century Japanese government of the Imperial Court in Kyoto, instituted in the Asuka period and formalized during the Heian period. The Ministry was replaced in the Meiji period.

Trading basics

Mirae Asset Financial Group

Mirae Asset Financial Group (Korean: 미래에셋금융그룹) is a South Korean multinational financial services company headquartered in Seoul, South Korea. Mirae Asset provides comprehensive financial services including asset management, wealth management, investment banking, and life insurance. Mirae Asset was founded by Hyeon Joo Park in 1997 and introduced the first mutual funds to Korean retail i

Payments & settlement

MobilePay

MobilePay is a mobile payment application used in Denmark and Finland. The service allows payments by means of a smartphone application and was first introduced in 2013 by Danske Bank. It was introduced to Finland later in the same year and since 2017 it has been used by all banks in Denmark. As of 2022, MobilePay had more than 4.4 million users in Denmark (total population: 5.8 million)

Banking

Modern gold dinar

The modern gold dinar (sometimes referred as Islamic dinar or Gold dinar) is a proposed bullion gold coin, so far not issued as official currency by any national state. It aims to revive the historical gold dinar, which was a leading coin of early Islam. Advocates have suggested it could consist of minted gold coins (dinars) or of silver coins (dirhams).

Banking

Monetary system

A monetary system is a system where a government manages money in a country's economy. Modern monetary systems usually consist of a national treasury, a mint, central banks and commercial banks.

Trading basics

Morris Air

Morris Air was a low-fare airline in the Western United States, based in Salt Lake City, Utah. It began scheduled operations in 1992, and was sold to Southwest Airlines in December 1993 for over $120 million in stock. The airline officially became part of Southwest in the autumn of 1994. Morris Air was the first airline in the world to invent e-ticket (ticketless) travel based on the sug

Trading basics

Mt. Gox

Mt. Gox was a bitcoin exchange based in Shibuya, Tokyo, Japan. Launched in 2010, it was handling over 70% of all bitcoin transactions worldwide by early 2014, when it abruptly ceased operations amid revelations of its involvement in the loss/theft of hundreds of thousands of bitcoin, then worth hundreds of millions in US dollars.

Trading basics

Mutual insurance

A mutual insurance company is an insurance company that is people centric, jointly owned and democratically controlled by its policyholders. It is a form of consumers' co-operative that as of 2013 accounted for 27.3% of the global insurance market helping protect 915 million policy holders globally. From a financial perspective, surpluses that are experienced by the mutual are either ret

Trading basics

MyHeritage

MyHeritage is an online genealogy company with web, mobile, and software products and services, founded in Israel in 2003. Users of the platform can obtain their family trees, upload and browse through photos, and search through over 19.9 billion historical records, among other features. In early 2021 it was acquired by Francisco Partners, an American private equity firm, for $600 millio

Payments & settlement

NACHA

Nacha, originally the National Automated Clearinghouse Association, manages the ACH Network, the backbone for the electronic movement of money and data in the United States, and is an association for the payments industry. The ACH Network serves as a network for direct consumer, business, and government payments, and annually facilitates billions of payments such as Direct Deposit and Di

Trading basics

Namibian dollar

The Namibian dollar (symbol: $ or N$; code: NAD) has been the currency of Namibia since 1993. It is normally abbreviated with the dollar sign ($), or alternatively N$ to distinguish it from other currencies called “dollar.” It is divided into 100 cents.

Banking

National Bank of Panama

The National Bank of Panama (Spanish: Banco Nacional de Panamá, BNP) is one of two Panamanian government-owned banks. As of January 2009, it held deposits of about US$5 billion. The other government-owned bank is Caja de Ahorros de Panamá (Savings Bank of Panama), with about US$1 billion in total deposits.

Securities & exchanges

National Securities Depository Limited

National Securities Depository Limited (NSDL) is an Indian central securities depository, based in Mumbai. It was established in August 1996 as the first electronic securities depository in India with national coverage. As of 2025, its demat accounts held assets worth ₹464 lakh crore ($4.64 trillion).

Securities & exchanges

National Stock Exchange of India

National Stock Exchange of India Limited, also known as the National Stock Exchange (NSE), is an Indian stock exchange based in Mumbai. It is the 5th largest stock exchange in the world by total market capitalization, exceeding $5 trillion in May 2024.

Trading basics

Natural gas prices

Natural gas prices, as with other commodity prices, are mainly driven by supply and demand fundamentals. However, natural gas prices may also be linked to the price of crude oil and petroleum products, especially in continental Europe. Natural gas prices in the US had historically followed oil prices, but in the recent years, it has decoupled from oil and is now trending somewhat with c

Trading basics

Nelson Peltz

Nelson Peltz (born June 24, 1942) is an American billionaire businessman and investor. He is a founding partner, together with Peter W. May and Edward P. Garden, of Trian Partners, an alternative investment management fund based in New York. He is a former director of Heinz, Mondelēz International, and Ingersoll Rand and a former CEO of Triangle Industries.

Trading basics

Net metering

Net metering (or net energy metering, NEM) is an electricity billing mechanism that allows consumers who generate some or all of their own electricity to use that electricity at any time, instead of when it is generated. This is particularly important with renewable energy sources like wind and solar, which are non-dispatchable (when not coupled to storage). Monthly net metering allows c

Payments & settlement

New Payments Platform

The New Payments Platform (NPP), owned and operated by New Payments Platform Australia Ltd (NPPA) is a national industry-wide real-time payments platform for Australia. As of April 2025, there are over 25 million registered PayIDs.

Securities & exchanges

Next: The Future Just Happened

Next: The Future Just Happened is a book by Michael Lewis published on July 17, 2001 by W. W. Norton & Company. The book argues that rapidly evolving technology will upend the power structure of society. It gives power to the youngster who does not have preconceptions and entrenched interests. By making information readily available, the internet erodes the power and mystique of many pr

Fiat currencies

Numismatics

Numismatics is the study or collection of currency, including coins, tokens, paper money, medals, and related objects.

Trading basics

NXP Semiconductors

NXP Semiconductors N.V. is a Dutch semiconductor manufacturing and design company with headquarters in Eindhoven, Netherlands. It is the second-largest European semiconductor design and manufacturing company by market capitalization as of 2024. The company employs approximately 34,000 people in more than 30 countries and it reported revenues of $12.61 billion in 2024. The company's name

Trading basics

Olive Garden

Darden Concepts, Inc., doing business as Olive Garden, is an American casual dining restaurant chain specializing in Italian-American cuisine. It is a unit of Darden Restaurants, Inc., which is headquartered in Orange County, Florida. As of 2022, Olive Garden restaurants accounted for $4.5 billion of the $9.63 billion revenue of Darden.

Trading basics

One Equity Partners

One Equity Partners is a private equity firm with over $10 billion in assets under management which primarily deals with the industrial, healthcare and technology sectors in North America and Europe. One Equity Partners was the merchant banking arm of JPMorgan Chase, focused on leveraged buyout and growth capital investments in middle-market companies. Formed by Bank One in 2001, the gro

Trading basics

Ono (Spain)

ONO was a Spanish broadband communication and entertainment company, delivering integrated telephone, television and Internet services to its residential customers. In this segment, it has 3.7 million services contracted and over six million users.

Trading basics

Other People's Money

Other People's Money is a 1991 American romantic comedy drama film directed by Norman Jewison and written by Alvin Sargent, based on the 1989 play Other People's Money by Jerry Sterner. The film stars Danny DeVito, Gregory Peck, Penelope Ann Miller, and Piper Laurie. It follows Lawrence "Larry the Liquidator" Garfield (DeVito), a corporate raider who targets a family-owned manufacturing

Trading basics

Pan-European Pension

The Pan-European Pension Product (PEPP) or Pan-European Personal Pension Product is a proposed pension which will be available to residents of the European Union. The PEPP is designed to give the 240 million savers in the EU a better choice in the fragmented and uneven European market, where options are nearly non-existent in some member states. PEPPs are regulated by the Regulation 2019

Finance

Panama Papers

The Panama Papers (Spanish: Papeles de Panamá) are 11.5 million leaked documents (2.6 terabytes of data) published from April 3, 2016. The papers detail financial and attorney–client information for more than 214,488 offshore entities. These documents, some dating back to the 1970s, were created by, and taken from, the former Panamanian offshore law firm and corporate service provider Mo

Finance

Pandora Papers

The Pandora Papers are 11.9 million leaked documents with 2.9 terabytes of data that the International Consortium of Investigative Journalists (ICIJ) published beginning on 3 October 2021. The leak exposed the secret offshore accounts of 35 world leaders, including current and former presidents, prime ministers, and heads of state as well as more than 100 business leaders, billionaires,

Trading basics

Paper wealth

Paper wealth means financial assets or possessions as measured by their monetary value, as reflected in the price of assets – how much money one's assets could be sold for. Paper wealth is contrasted with real wealth, which refers to one's actual physical assets. For example, if one owns a house and its assessed value increases (relative to the general price level, i.e., assuming no infl