Trading is typically carried out in an open outcry auction, or over an electronic network such as CME's Globex platform. The US 30 was created by journalist Charles Dow and his business partner Edward Jones in 1896. Investors can put money into the US 30 ...
Par Value of Stocks and Bonds Explained
Some states require that companies set a par value below which shares cannot be sold. If market interest rates fall to 3%, the value of the bond will rise and trade above par since the 4% coupon rate is more attractive than 3%. Shares usually have no pa ...
Face Value Bond Formula + Calculation Example
Although these terms sound similar, they are different from each other in meaning and usage. Understanding the differences between par value and face value is crucial for any investor, as they represent different aspects of the investment. In this secti ...
8 Day Trading Books You Need to Read
This book is written by Mike Bellafiore, a co-founder of a proprietary trading firm in NYC. You will be equipped with the necessary skill to read a chart and to identify patterns on it. He reveals to you the full detail of his trading strategy along wit ...