• On Tulips and Bitcoin: Financial Bubbles Then and Now

    The more I hear Bitcoin discussed in everyday conversation as I'm standing in line at the store, the more I am convinced we've gotten ourselves stuck in a crazy time machine and have been plunked down onto the streets of Amsterdam in the 17th...
  • What Are Bitcoin Futures?

    The Bitcoin futures contract is traded on the CME and can be traded daily. This video explains the contract specifications of the Bitcoin futures contract. For discussion : 1. What is one contract worth in US dollars? 2. What causes the value...
  • What is Bitcoin?

    Bitcoin seems to be all the rage at the moment. Is this fake money, or is it a legitimate method of payment? This video from the CME answers the following questions: 1. What is Bitcoin? 2. How is Bitcoin created? 3. How can individuals and institutions...
  • Managing Accounts Payable with Machine Learning

    Managing the day to day cash flows can impact a business in significant ways. Take accounts payable, for example. This part of working capital management can be managed more efficiently to save thousands of dollars every year. One area of growth has been...
  • Trading Today Vs. Yesterday

    This video gives an interesting view of how trading has shifted from the open outcry chaos to the computer based trading of today. For discussion : 1. What are the changes that have taken place since the end of pit trading? 2. What are the benefits...
  • ICO or IPO: What's The Difference?

    Start-ups may be able to raise new money using an ICO instead of an IPO. This new fund-raising method has its critics, including the SEC. From The Hill ( 28 Aug 2017 ) The Securities and Exchange Commission (SEC) on Monday issued a warning about investing...
  • Are We Close to a Cashless Society?

    There aren't many transactions today that require cash. You can eat, travel, take a cab or a shared ride, pay your bills, buy a snack, without ever pulling out a single dollar bill. From FastCompany : The U.S. government didn’t issue banknotes...
  • More On High-Frequency Trading

    Computer programs play an important role in the trading of stocks. In particular, the high-frequency trading (HFT) that is driven by computer algorithms that enter trades as lightning speed account for 50 percent of all trading. This activity is controversial...
  • How Prices are Determined

    The infographic below shows the evolution of the iPhone price. You will find more statistics at Statista The question is how were these prices determined? Answer: supply and demand. The price is whatever the market will bear. Here's...
  • The State of Cybersecurity

    From a recent Forbes article : Is the cybersecurity industry keeping up with cybercrime? Absolutely not. Cyberwarfare is at an all-time high, and cybersecurity is just unable—unequipped—to keep up. We’re seeing a convergence of three...
  • Currency Trading Today

    In the video below, currency trading is described as the "Wild West" of financial markets. There's been a shift in the industry, and many former traders have changed jobs. Still, it is a busy and active market: Here's a look at a...
  • Imagine a World Without Cash

    Can you imagine a world without cash? It's not hard. Already, we rely on our debit cards, credit cards, PayPal and other forms of electronic payments. You can probably go days, weeks, maybe even months without using any cash at all. Today, governments...
  • Explaining the Trading Scene in Trading Places

    Dan Ackroyd explains the frenzy in the final scene of the 80s movie, Trading Places. The trading pit depicted in the movie has long been replaced by electronic trading, and the shouting and hand waving is now a relic of the past. Back then, buyers and...
  • The End of Open Outcry Trading

    The day of the trading pit with the shouting came to an end in 2015 when open outcry was replaced by electronic trading. We've all seen videos of the "old days," but this video below gives a brief picture of what that style of trading used...
  • Investor Expectations Already Reflected in the Market: The Case of Amazon

    Modern Portfolio Theory teaches that financial markets are efficient in that all information about a company is immediately and fully reflected in the stock price. We can argue this all day. Some point to the fact that investors can consistently beat...
  • How Does an Electronic Exchange Work?

    Ever wonder how an electronic exchange like Nasdaq works? If there's no shouting in a trading pit as buyers and sellers meet, how do trades actually get executed? This video explains what goes on behind the scenes.
  • History of NASDAQ PHLX Exchange

    The history of the Nasdaq PHLX exchange is described in this video below. From the day when trades were managed manually to the electronic trading today, the mechanics of exchange trading has changed.
  • The Limited Reach of Apple Pay

    From a recent Business Insider article: Apple's service, which allows you to store your credit cards on an iPhone and pay for goods at retailers by just tapping your phones on a payment terminal, is gradually becoming available in more countries...
  • What Are ETFs?

    Exchange-Traded Funds or ETFs are pools of investments like mutual finds but, unlike mutual funds, ETFs trade on an exchange. That means they can be bought or sold all day long and an investor can go long or short. This video from the Financial Times...
  • The Sound of Algorithmic Trading

    Three quarters of trades are coming from machines rather than humans. The average holding period for a stock on Wall Street is a mere 22 seconds. This TedX talk explains algorithmic trading and its importance to Wall Street. For discussion: 1. What...
  • FinTech: The Financial Disruptor

    Financial Technology or "FinTech" is the use of technology to perform financial functions. According to this article from Wharton : FinTech companies cover a wide range of sub-industries, from crowdfunding ( Kickstarter ) and peer-to-peer...
  • What Are Robo-Advisers?

    Will robo-advisers replace humans in the financial advisory industry? Probably not. But that doesn't mean that robo-advisers won't take a chunk of the market share away from traditional financial advisers. From Bloomberg : Banks are watching...
  • Crowd Funding for Entrepreneurs

    Not long ago, entrepreneurs raised money to launch their ideas by calling friends and family, tapping into their personal credit, or borrowing from the bank. Today, crowdfunding is a source of funds small and large. Because of the potential to hurt...
  • Robo Advisors Join the Investment World

    Robo Advisors are here and likely to stay, especially with millennial investors. According to this CNN article, here's how robo advisors work: Customers fill out an online questionnaire about their income, goals and comfort with risk taking. Computer...
  • Mobile Payments Trend

    According to Mobilepaymentstoday.com , the top five mobile payment trends for 2017 include: (1) Mobile payments will continue to see converts, with millenials being the primary users. (2) Mobile payments will help the on-demand economy where consumers...