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Digital assets and currencies

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

Trading basics

Capital formation

Capital formation is a concept used in macroeconomics, national accounts and financial economics. Occasionally it is also used in corporate accounts. It can be defined in three ways:

Trading basics

Carry (investment)

The carry of an asset is the return obtained from holding it (if positive), or the cost of holding it (if negative) (see also cost of carry). For instance, commodities are usually negative carry assets, as they incur storage costs or may suffer from depreciation. But in some circumstances, appropriately hedged commodities can be positive carry assets if the forward/futures market is will

Trading basics

Undertakings for Collective Investment in Transferable Securities Directive 2009

The Undertakings for Collective Investment in Transferable Securities Directive (Directive 2009/65/EC, "UCITS") is a directive of the European Union (EU) that allows collective investment schemes to operate freely throughout the EU on the basis of a single authorisation from one member state. EU member states are entitled to have additional regulatory requirements for the benefit of inve