$VETTE will allow anyone to buy or sell a $VETTE, with the understanding that whoever wishes delivery will be paid at the market value of a $VETTE, instead of actual $VETTE delivery.

Who's in?

With the increasing market value of cryptocurrency and the increasing trading volume, the demand for financial instruments and derivatives is becoming more and more prominent. As the mainstay of cryptocurrency, BCH is not enough in financial services compared to the others. In recent days, smartbch has made breakthrough progress, and the centralized BCH financial services are constantly developing too, including the financial instruments provided by Matrixport a Singaporean crypto finance company.

The first BCH option trading platform was established earlier this year https://www.bit.com/options, however the volume hasn't been prominently increased by now, but the zero break through has brought us a few structured financial products including Dual Currency. I had an earlier post about their first BCH Structured Financial product, check out the link for more details https://www.reddit.com/r/btc/comments/latdh9/the_first_bch_structured_financial_product/

Today they just launched a new fixed income product that could provide a fixed interest rate to those who would like to earn BCH from their holdings. Besides this they also have Flexi earnings with no time frictions and etc., DM me for more details and feel free to download the app with my referral link to get some extra coupons. https://invest.matrixport.com/newRegister/en?invite_code=XL234P

!Not for financial advice!

Hello All,

This post is regarding decentralized protocols made possible by blockchain technology. Was wondering whether the people of this subreddit would be interested in information/resources about this topic?

Regardless of whether crypto is a good investment asset or not, I do think that decentralized financial instruments are here to stay. These instruments includes decentralized exchanges, lending protocols, staking, liquidity mining and more. I do believe that implementing and using such instruments in your FIRE strategy can lead to improved results and help you achieve FI earlier. Definitely, like most investments, the use of these protocols carry a certain amount of risk. However, with proper management of the risk, I do believe DeFi will be an invaluable part of your FIRE strategy,

Cheers

So I was thinking about investing some of my China savings and I realized that I can't purchase any financial instruments or funds neither via Alipay neither via my bank's app due to not having a Mainland ID.

So my question is - what is everyone else doing? Do you just wire the money back home and then invest from your home country's bank?

Is being so far from your home country ever an issue?

I come from somewhere notorious for its poor infrastructure, nightmarish bureaucracy and bad/non-existent customer support, so the idea of doing everything out of country leaves me a bit apprehensive.

So after a good run selling Puts on hospitality industry and calls for zoom, looks like the shit is going to hit the fan with the omicron variant... I think the current instruments are too limited and very biased (against me, whatever side I am on)... I am going to make my own instrument with blackjack and hookers...

Hypothetically how hard is it to make your own financial instrument and deal with a bank?

Edit: I think there is an opportunity here... As mentioned by many here, the big firms wouldn't pick my calls unless I have plenty of zeros in my accounts, also being a degenerate gambler I want to bet my money on new exotic stuff (which hasn't been invented yet)... This is a supply and demand issue, I propose to make a "bank" (or a bookkeeping institution) that would allow me to place as diverse bets as I can handle on as diverse instruments as I can come up with payouts depending on the exposure risks...

HMRC said crypto assets “are not financial instruments” and do not qualify as commodities or money, meaning online exchanges that sell cryptocurrencies such as Bitcoin and ethereum are not able to claim an exemption for financial marketplaces.

https://www.telegraph.co.uk/business/2021/11/28/bitcoin-exchanges-face-digital-tax-raid/

It is a perfect tool for storing crypto capital. Here you can invest your crypto assets in tokens of traditional financial instruments and get stable profitability. https://promo.aiip.io/

🔥Welcome to NDS (NFT Default Swap), an advanced derivative instrument🔥

Learn more👇 https://t.co/6dMD7oYGD4

Recently I'd heard about a few friends who receive part of their compensation as a named instrument (e.g. "orbs") which are not a type of stock unit or an option contract.

Apparently they function like restricted stock units; i.e. they're some kind of token that has some declared value, so they're taxed as income, and they can be liquidated at some time in the future. It's not clear if they're redeemable for equity or not.

Anyone know about these? What are they? How are they implemented, some kind of contract with the board of the company? Apparently they're taxed like income? How is their declared value verified (i.e. for them to be taxed)?

Thanks

I have been working as an FP&A Analyst in a tech company for over 1.5 years now. I passed CFA Level II in August of this year. I am looking to start working in a position where I utilize the concepts I learned, with a dash of model building. I really enjoyed studying those topics for the past two years - probably why my results were in the top 10% for both exams. Unfortunately, even though I get an interview once a month, I can't manage to "break-in". I have two main questions:

1. What position titles should I look for which would fit my career background and description of the thing that I want to do?
2. Now that I'm done with level II, I want to take a break and get some practice before doing Level III. What can I do after work to include in my resume that would increase my chances of getting more interviews, and eventually a job in this field?

Thanks in advance

Like probably a lot of others I was asked to express consent again for some regulatory matters. This also concerned client asset-related consents of Section 3 of the IBKR Ireland (IBIE) Customer Agreement. When rereading the agreement Section 3E (i) of the Customer Agreement gave me some unclarity. I states the following:

"IBIE may use Client financial instruments on own account."

At first sight this sounds quite bad and scary. What is exactly meant with that? IBIE is mandated by law to apply client securities segregation, right? This 3E (i) seems to be violating that at first sight.

It was also raised in this topic, but not specifically discussed further. I raised a ticket with IBIE to see how they explain it.

Curious what others think of this and if they were in contact with IB on this matter :-)

What are the differences between a testamentary or individual trust VS a non-qualified trust (joint or individual)? Is there a place I can go read up on them that's not biased?

I’m taking SBR in December and am finding it difficult to answer questions regarding financial instruments. There’s just so many situations that can come up. Can anyone recommend a good video or lecture to watch specifically for financial instruments? Or could maybe provide a good method of tackling such a question and the train of thought for it that I should follow?

Does anyone have any recommendation for resources on where to learn about financial instruments?

I have a feeling I struggle to appreciate the world of DeFi, as I do not fully comprehend what is possible in the world of finance, that is then being decentralized with DeFi.

Right now it seems yield farming and borrowing is what people mean when they say DeFi but I have a feeling it is more fundamental than this.

Anyone have suggestion of stuff to read in other to appreciate both financial instruments and how Blockchain is disrupting the space?

First off, this is my throwaway account because I am not entirely comfortable with revealing my net worth online...but then I see everyone else doing it and I'm relieved :)

Very basic summary of life and finance situation. I am not a USA citizen, I live in Asia, and as such, I cannot purchase many of the products I see advertised online and in money forums. I have a basic level of financial literacy, which I gained by self-study in my twenties. (Motley Fool, Investopedia, various books) I'm in my late 30s, I expect to live a long and healthy life. (hopefully past a hundred!) I have no dependents or spouses. I am currently single but don't plan to be forever. I never want children.

I would expect any prospective partners to pull their own weight financially, or the reverse (my last partner earned more than me, I am ok with being a househusband as long as my contributions to the household are recognized as legitimate)

My last drawn salary was between 4k-6k per month, I am currently unemployed as the last few job offers I have gotten were either way below what I normally earn, or downright flaky and unresponsive. (There are both good and bad clients!) I would not go below a certain sum unless the benefits were considerable, I'm aware of the market rates in my field.

My combined savings are over 500k. I keep a little in the bank and invest the rest, in keeping with a strategy I read in Rich Dad, Poor Dad (I don't agree with everything in the book but I found it a good basic text) I use an investment firm with a relationship manager to help me invest, since I think he can do a better job than me at present. I've been satisfied with the returns so far, which are in the 6-9% PA range. I lose money sometimes, of course, but I make more than I lose. I have some passive income from these investments.

I have attempted a few investments of my own, (doing my own due diligence etc) which have resulted in a few hundred dollars here and there (not much I know!) mainly from a crowdfunding platform specializing in promissory notes. While I have some financial knowledge, it's not really my passion and I would rather do something else for a living, however, I do need to manage my finances!

I recently did a mini-review and some of the numbers are not adding up (granted, I do not look at my finances all the time, generally only a few times a year) so I am wondering if I could be doing much better with my time and knowledge. I'm aware that there are many different kinds

We provide over 100+ FREE crypto articles on our SubStack! :D (Link on our profile) In our recent research on algo stablecoins, we found some imperfections in some of their mechanisms — namely economic misalignment and failure of coupons. In this episode, we analyse and discuss the impact of such failures.

Economic misalignment

Economic misalignment is when a participant faces a decision that might benefit one class of agent at the expense of others. It is important to spot these and resolve them in the design of the protocol.It is not uncommon to have a zero sum game. In such a game, favouring one party means penalising other agents. We have realised that there is a reallocation of risk from some agents to other agents in many algo stablecoin protocols.You can see that when this happens, there is a clear transfer of risk from agents with the coupon model. This happens when:

• the price moves
• you can make a governance decision
• you have to wait to buy a coupon
• you want to have a target price in mind to sell those assets

You can argue that "this is common in any trade". Yes, you are right. But here, the risk is massive because sometimes these models do not allow for the coupons to be redeemed unless the price goes above one for a specific amount of time. This risk was maybe mis-priced by those agents with asymmetric information, so this is what we mean by economic misalignment and risk that is transferred from agent to agent.You could also see it as an asymmetry of opportunities (rather than information). This was very clear at the launch of those protocols where some agents were really able to amass a lot of tokens very early on and so were able to influence the decision later on to benefit themselves. This is especially for the protocols that have open and extreme governance. We see this happening with ESD and DSD, where the early whales left the system amassing millions in profits.

>Takeaway here: A very important factor to consider is who those protocols give the voting power to, and how early they give that power, and who are the large token holders that are basically hoarding tokens.

Coupon Failures: Incentives VS Stability

The issue here was that incentives were not really designed to improve stability, which was quite a surprise for us. When we were doing the analysis, we realised that the decisions of some mechanisms were not oriented and focused on insuring and assuring stability — quite the opposite. They sometimes crea

Found this through /u/dgerard post about being a nocoiner without telling it. 10/10, would read again.

https://www.cynicusrex.com/file/cryptocultscience.html

Looking at the current yield curves for Treasury instruments (https://www.treasury.gov/resource-center/data-chart-center/interest-rates/pages/textview.aspx?data=yield) it appears that the annual yield on a 1 year T-Bill is about 0.1%. You can find CDs that pay 3% interest. Also, since they don't pay interest, the value of a T-Bill you buy right now won't change based on future interest rates, meaning you can't even resell it for a profit, right? Why does anyone buy T-Bills?

It is a perfect tool for storing crypto capital. Here you can invest your crypto assets in tokens of traditional financial instruments and get stable profitability. https://promo.aiip.io/