XPayIndustry WIKIBack to home
XPAY KNOWLEDGE

Industry WIKI

Digital assets and currencies

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

Fiat currencies

Alexander del Mar

Alexander del Mar (aka Alexander Del Mar and Alexander Delmar; August 9, 1836 – July 1, 1926) was an American political economist, historian, numismatist and author. He was the first Director of the Bureau of Statistics at the U.S. Treasury Department from 1866 to 1869.

Trading basics

Assistant Secretary of the Treasury for Terrorist Financing

The Assistant Secretary for Terrorist Financing is an official within the United States Treasury Department appointed by the President of the United States, tasked with formulating, coordinating, and executing the U.S. government's counterterrorism financing and anti-money laundering strategies, as well as engaging in financial diplomacy to disrupt the financing of illicit actors and U.S

Trading basics

Bond vigilante

A bond vigilante is a bond market investor who protests against monetary or fiscal policies considered inflationary by selling bonds, thus increasing yields. The term was coined by Ed Yardeni in the 1980s.

Trading basics

Fixed price of Coca-Cola from 1886 to 1959

From 1886 until 1959, the price of a 6.5 US fl oz (190 mL) glass or bottle of the soft drink Coca-Cola was set at five cents (or one nickel), and remained fixed with very little local fluctuation. The Coca-Cola Company was able to maintain this price for several reasons, including bottling contracts, advertisements, vending machines, and a relatively low rate of inflation (with five cent

Trading basics

Independent Treasury

The Independent Treasury was the system for managing the money supply of the United States federal government through the U.S. Treasury and its sub-treasuries, independently of the national banking and financial systems. It was created on August 6, 1846, by the 29th Congress, with the enactment of the Independent Treasury Act of 1846 (ch. 90, 9 Stat. 59). It was expanded with the creatio

Finance

Information ratio

The information ratio measures and compares the active return of an investment (e.g., a security or portfolio) compared to a benchmark index relative to the volatility of the active return (also known as active risk or benchmark tracking risk). It is defined as the active return (the difference between the returns of the investment and the returns of the benchmark) divided by the tracki

Finance

Robert Mundheim

Robert Harry Mundheim BVO (born February 24, 1933) is an American legal scholar. He is the former Dean of the University of Pennsylvania Law School, General Counsel of the U.S. Treasury Department, Co-Chairman of the law firm Fried, Frank, Harris, Shriver & Jacobson, General Counsel of Salomon, Inc., and Fred Carr Professor of Law and Financial Institutions at the University of Pennsylva

Securities & exchanges

Single-price auction

Single-price auctions are a pricing method in securities auctions that give all purchasers of an issue the same purchase price. They can be perceived as modified Dutch auctions. This method has been used since 1992 when it debuted as an experiment of the U.S. Treasury for all auctions of 2-year and 5-year notes. There is only one main difference between the multiple-price system and the

Trading basics

Specially Designated Nationals and Blocked Persons List

The Specially Designated Nationals and Blocked Persons List, also known as the SDN List, is a United States government sanctions/embargo measure targeting U.S.-designated terrorists, officials and beneficiaries of governments that are the U.S.'s enemies, and international criminals (e.g. drug traffickers). The list is administered by the U.S. Treasury's Office of Foreign Assets Control (

Trading basics

Symbols of the United States Department of the Treasury

Symbols of the United States Department of the Treasury include the Flag of the Treasury Department and the U.S. Treasury Seal. The original seal predates the department, having originated with the Board of Treasury during the period of the Articles of Confederation. The seal is used on all U.S. paper currency, and—like other departmental seals—on official Treasury documents.

Trading basics

Treasury basis trade

Treasury basis trading is a financial strategy that involves taking offsetting positions in a cash market instrument (typically a U.S. Treasury bond) and its related derivative, such as a Treasury futures contract. The strategy seeks to exploit pricing discrepancies between the two instruments, which are expected to converge over time. It is a specialized form of basis trading applied to

Finance

Unbanked

The unbanked are adults who do not have their own bank accounts. Along with the underbanked, they may rely on alternative financial services for their financial needs, where these are available.

Trading basics

Yield curve

A yield curve shows the relationship between yields and time to maturity for a set of comparable debt securities. In practice the term usually refers to curves built from a single issuer or market segment so that credit quality and other features are as similar as possible, for example the U.S. Treasury curve for government bonds.