Mathematics, philosophy, programming, in-line skating, and everything in between. More about me…
Do you need to keep an eye on a foreign currency rate or two? Want to have an idea about the EUR/USD pair or monitor how your home currency is doing compared to the Euro? I know many of us do, which is why I created a website that aggregates daily exchange rates from several central banks and presents them in RSS feeds.
In finance and economics we recognize several types of money. Monetary aggregates are used to measure the supply of various types of money in an economy. The most commonly used aggregates are M0 through M3, plus monetary base. See the following diagram to understand how the aggregates relate to each other.
What have three years of trading securities and studying financial markets given me? I’ve learned to look beyond panicking mobs and welcome dramatic falls.
One of the most interesting books I have recently read is a sort-of autobiography by Emanuel Derman – particle physicist, Wall Street financial engineer and university professor. It is mostly concerned with quantitative finance, a field that developed in the eighties and today holds an important position in the financial world.