From Bioninformatics to Options Trading: Jeff Augen explains how to trade Options at Expiration

NYIF profile of Jeff.

ETNs versus Currency ETFs

Which are better for investors - ETNs or currency ETFs? This depends on two factors: taxes, and what's in the ETF/ETN.

Here's an awesome article from seekingalpha.

Also check this out from the awesome Edgar archives relating to a Series A MTN issued by Barclays for the "Intelligent Carry Index" (TM).

Also see the macro trader website.

New asset class? Here's another one of those "ETNs". What gives though? How is it hedged and what is hedging cost? There are many answers to this question (but perhaps only one correct one). 1 year ago Bradley Kay was analysing the possible hedging strategies. Also, what is the difference between this and inverse ETFs.

Thirdmost, this new dawn of vol-etf-dependent-on-futures-ala-UNG/USO, leads to insane tracking errors.

This stuff is like group theory (exercise:why?)

Take a look at best and worst ETFs for tracking volatility.

What is the European Central Bank?

The ECB is the central bank of the Eurozone, covering 16 member states. Established in 1998 by the European Union with headquarters in Frankfurt, Germany. It was modeled closely on the Bundesbank, the German reserve bank. The first President was Wim Duisenberg (PhD Economics). They use econometric models for forecasting and policy analysis.

LIFO Liquidation in Period of Rising Prices - The Concept

A LIFO inventory system can lead to LIFO liquidation, where older inventory is increasingly liquidated/sold. If prices are rising, this older inventory will have lower cost, and its liquidation leads to recognition of higher net income and payment of higher taxes.