A leveraged buyout (LBO) is a method of acquiring a company where the deal is financed by a combination of equity and debt and the debt is secured against the assets and cash flows of the target company. It is a sub-set of syndicated loans and is evolving as a financia...

Credit default swaps (CDSs), despite being relatively simple-to-understand financial instruments by definition, have become a contentious and misunderstood topic, especially after the 2008 financial crisis. This article aims to examine the nature and intended usage of...

From the Brexit plan hanging by a thread, to the longest US government shutdown in history, to the US-China Trade war and several key elections scheduled across the globe, 2019 is certainly off to an interesting start. Business executives are constantly monitoring glob...

Managing one’s investments can be a very time-consuming process, which often leads investors, particularly wealthy investors, to turn to professional financial services providers. However, investors now have a new cost-effective option: robo-advisers. Compared to tradi...

Over the last year, there has been a rise in popularity and demand for cryptocurrency, resulting in an increase in its value. In December of 2017, bitcoin’s value reached nearly $20,000 per bitcoin. This year however, cryptocurrencies of all kinds seem to be faring far...

The social contract theory rests on the fundamental premise that individuals submit their moral and political rights to the government in exchange for the protection of their welfare, security and interests. One of the ways in which the government fulfills this obligat...

On March 8, President Donald J. Trump announced tariffs of 25% on steel and 10% on aluminum. He justified his decision on national security grounds. Specifically, Section 232 of the Trade Expansion Act of 1962 (19 U.S.C.§1862) empowers the president to impose quantitat...

Introduction

Initial coin offerings (ICOs), also known as initial public coin offerings (IPCOs), have become a controversial topic in the recent developments of cryptocurrency and blockchains. ICOs are an unregulated method of public offering and crowdfunding that allow...

Credit, market, and liquidity risks are forms of financial risks that market participants can typically manage through their trading activities. However, questions related to the need for law based risk management mechanisms arise when the financial positions in a give...

High Frequency Trading and How It Relates to Insider Trading

High Frequency Trading (HFT) has gained a foothold in financial markets and has been making front-page news since the events of May 6, 2010, now commonly referred to as the Flash Crash. Significant changes in...