Financial News

A common question from prospective proprietary traders preparing to make an impression at their interview for a trading vacancy is “What interview questions will I be asked?”, “How will the interview process be conducted?” and “How best can I prepare for my interview?”. Every proprietary trading firm will have its own unique recruitment process, and these will often be modified frequently as firms adapt and update their techniques. It is therefore impossible to give anything more than general guidance as to the interview process and what may be involved. However, the following article may help in giving pointers as to what you may be asked, and how you can best prepare yourself for interviewing. Preparation Research the company and your interviewer (if known), find out what their markets are (stocks, […]

So often when companies are considering a business intelligence project or software purchase, a question arises that seems to stump everyone involved. “Where is the ROI in this project?” This question has stopped many a business intelligence project in its tracks. Maybe it’s asked by the CFO or CEO. Maybe it’s brought up in one of the meetings with a vendor or consultant presenting a solution. The sad truth is if you can not answer this question with hard numbers in specific areas, the ROI probably isn’t there. I.R.A.C.I.S. is a simple acronym that can be used to quantify a business intelligence project’s worth to a company. It stands for the following: Increase Revenue – How will this application and functionality drive more sales to new or existing customers, shorten […]

What is the “Right of Offset”? The “Right of Offset” gives a lending institution (i.e. Bank or Credit Union) a legal right to seize funds that a debtor may have in a deposit or asset account at that particular banking or financial institution, to cover a loan in default. It is also known as the “Right of Set-Off”. What are the dangers of the “Right of Offset”? If an individual, couple, or other entity has a checking, savings, or other form of deposit account at the same financial institution where they have a credit card, auto loan, mortgage, other debt account, that individual or entity has what can be considered a “banking conflict”. In other words, anytime an asset account is kept at the same banking institution as a liability […]

In today’s competitive real estate marketplace, I still amazed at how few agents know how to communicate their real estate business story to a home buyer and seller. First impressions count, and you need to be prepared verbally and visually to tell your story and why the consumer should use you and not the competition. Soon after I started in the business I developed for lack of a better name, my brag book, that take on all listing appointments and first meetings with buyers. My books’ contents are always evolving and are constantly updated with current information and examples. The first section has as many active, pending, and closed listings as I can fit in. I include property brochures, postcards and virtual tours on CD-ROMs. Include a variety of price […]

There are a variety of ways that student loans can be annulled, however the requirements for annulment are quite stringent and the guidelines must be adhered to and met without question. One way to have your student loans annulled is if you are totally and permanently disabled. The Department of Education has a very strict definition concerning what qualifies as a total and permanent disability – or TPD. In order to qualify by the Department’s definition, you must be unable to work or make money due to any injury or illness that is expected to last an indefinite span of time or to end in expiration – that is, death of the student in question. The Department’s definition of and requirements for TPD differ significantly from those standards set by […]

Ever since Socrates received the death penalty in Greece, 400 years before the Common Era – and most likely long before that – people have been complaining about, and depending upon, lawyers. In fact, Socrates himself held the law in such high esteem that when he was given the opportunity to go into exile instead of carrying out the sentence (which was suicide) he went ahead and complied with the ruling rather than bring dishonor to the law by avoiding it. Actually, Law itself is not such a cut-and-dried, practical discipline, as people tend to think. It is more in the nature of a philosophy, dealing with the most abstract of concepts such as justice, right and wrong, fairness, guilt and innocence, human rights and the responsibility of citizens to […]

INTRODUCTION It is in no doubt that balance of trade which is sometimes symbolized as (NX) is described as the Difference between the monetary value of export and import of output in an economy over a certain period. It could also been seen as the relationship between the nation’s import and exports. When the balance has a positive indication, it is termed a trade surplus, i.e. if it consists of exporting more than is imported and a trade deficit or a trade gap if the reverse is the case. The Balance of trade is sometimes divided into a goods and a service balance. It encompasses the activity of exports and imports. It is expected that a country who does more of exports than imports stands a big chance of enjoying […]

When it comes to healthcare solutions, most patients want to settle for nothing but the best. After all, good health is the key to happiness. And to provide avant-garde treatments, doctors, clinics, diagnostic centers and even super-specialty hospitals must own innovative and premium medical equipment. Since these equipment come with a pretty hefty price tag, it often becomes imperative to look for financing options which help you to improve your medical facility easily. Fortunately, there are many non-banking financial companies (NBFCs) besides banks which offer medical equipment financing solutions today. They ensure that you get to comfortably repay the loan and benefit from fast approvals, since illnesses must be cured at the earliest. Why choose NBFCs? A number of well-known NBFCs are nowadays offering smartly structured loans for both refurbished […]

Step 1 – Understanding Bitcoin And The Block-Chain Bitcoin is a peer-to-peer payment system, otherwise known as electronic money or virtual currency. It offers a twenty-first century alternative to brick and mortar banking. Exchanges are made via “e wallet software”. The bitcoin has actually subverted the traditional banking system, while operating outside of government regulations. Bitcoin uses state-of-the-art cryptography, can be issued in any fractional denomination, and has a decentralized distribution system, is in high demand globally and offers several distinct advantages over other currencies such as the US dollar. For one, it can never be garnished or frozen by the bank(s) or a government agency. Back in 2009, when the bitcoin was worth just ten cents per coin, you would have turned a thousand dollars into millions, if you […]

Day and swing traders use Taylor Trading Technique for several favorite trade set-ups. Traders take advantage of positioning their trades in sync with the ‘ebb-and-flow’ of the Markets identified by Taylor Trading Method ‘3-day cycle’. George Taylor’s Book Method, known as Taylor Trading Technique, captures the inflows and outflows of ‘Smart Money’ in what can be considered a repetitive, 3-day cycle. Simply stated, institutional investors, or ‘Smart Money’, push markets lower to create a buying opportunity and then push markets higher to create a selling opportunity within a 3-day trading cycle. The Taylor Trading Method ‘3-day cycle’ can be identified as follows: Buy Day, where the market is driven to a low for a Buy opportunity; Sell Day, where the market is driven higher for an opportunity to Sell your […]