European Securities and Markets AuthorityThe European Securities and Markets Authority (ESMA) is an agency of the European Union located in Paris. ESMA replaced the Committee of European Securities Regulators (CESR) on 1 January 2011. It is one of three European Supervisory Authorities set up within the European System of Financial Supervision in Paris, together with the European Banking Authority (EBA) also in Paris and the European Insurance and Occupational Pensions Authority (EIOPA) in Frankfurt.
Exotic optionIn finance, an exotic option is an option which has features making it more complex than commonly traded vanilla options. Like the more general exotic derivatives they may have several triggers relating to determination of payoff. An exotic option may also include a non-standard underlying instrument, developed for a particular client or for a particular market. Exotic options are more complex than options that trade on an exchange, and are generally traded over the counter.
Australian Securities and Investments CommissionThe Australian Securities and Investments Commission (ASIC) is an independent commission of the Australian Government tasked as the national corporate regulator. ASIC's role is to regulate company and financial services and enforce laws to protect Australian consumers, investors and creditors. ASIC, which reports to the treasurer, was established on 1 July 1998 following recommendations from the Wallis Inquiry.
GamblingGambling (also known as betting or gaming) is the wagering of something of value ("the stakes") on a random event with the intent of winning something else of value, where instances of strategy are discounted. Gambling thus requires three elements to be present: consideration (an amount wagered), risk (chance), and a prize.
MoneynessIn finance, moneyness is the relative position of the current price (or future price) of an underlying asset (e.g., a stock) with respect to the strike price of a derivative, most commonly a call option or a put option.
FraudIn law, fraud is intentionaldeception to deprive a victim of a legal right or to gain from a victim unlawfully or unfairly.
FinanceAcademic discipline studying businesses and investments Finance refers to the management, movement, investment, and raising of money. "Finance" also refers to the academic discipline that studies these. Based on the scope of financial activities, the discipline can be divided into the three primary branches personal, corporate, and public finance.
The Times of IsraelThe Times of Israel (ToI) is an Israeli multi-language online newspaper that was launched in 2012 and has since become the largest English-language Jewish and Israeli news source by audience size. It was co-founded by Israeli journalist David Horovitz, who is also the founding editor, and American billionaire investor Seth Klarman. Based in Jerusalem, it "documents developments in Israel, the Middle East and around the Jewish world."
NYSE AmericanNYSE American, formerly known as the American Stock Exchange (AMEX), and more recently as NYSE MKT, is an American stock exchange situated in New York City. AMEX was previously a mutual organization, owned by its members. Until 1953, it was known as the New York Curb Exchange.
Federal Bureau of InvestigationU.S. federal law enforcement agencyLaw enforcement agencyThe Federal Bureau of Investigation (FBI) is the domestic intelligence and security service of the United States and its principal federal law enforcement agency. An agency of the United States Department of Justice, the FBI is a member of the U.S. Intelligence Community and reports to both the attorney general and the director of national intelligence.
Cabinet of IsraelThe Cabinet of Israel (Hebrew: ממשלת ישראל, romanized: Memshelet Yisra'el; Arabic: مجلس وزراء إسرائيل, romanized: Majlis Wuzaraʾ Israʾil) is the cabinet which exercises executive authority in the State of Israel. It consists of ministers who are chosen and led by the prime minister. The composition of the government must be approved by a vote of confidence in the Knesset (the Israeli parliament).
Richard BransonEnglish business magnate (born 1950)Sir Richard Charles Nicholas Branson (born 18 July 1950) is an English business magnate who co-founded the Virgin Group in 1970, and, as of 2016, controlled five companies. Branson expressed his desire to become an entrepreneur at a young age. His first business venture, at the age of 16, was a magazine called Student. In 1970, he set up a mail-order record business.*As an Amazon Associate I earn from qualifying purchases.