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Naked Debenture – Explained

by TheBusinessProfessor | Feb 23, 2025 | Investments, Trading, and Financial Markets

What is a Naked Debenture?A debenture is a debt instrument issued by corporations and governments to raise funds. In the United States, a debenture that is not secured by any specific asset is called a naked debenture or uncovered debenture.How Does a Naked Debenture...

New York Mercantile Exchange (NYMEX) – Explained

by TheBusinessProfessor | Feb 23, 2025 | Investments, Trading, and Financial Markets

What is the New York Mercantile Exchange?The New York Mercantile Exchange (NYMEX) is the worlds largest exchange, trading physical commodity futures. It was founded in 1872 and is currently owned by the Chicago Mercantile Exchange Group (CME). The other three...

New York Board of Trade (NYBOT) – Explained

by TheBusinessProfessor | Feb 23, 2025 | Investments, Trading, and Financial Markets

What is the New York Board of Trade?New York Board of Trade (NYBOT) is a physical commodity futures exchange created in June 2004, by the merger of two historic exchanges: the New York Cotton Exchange and Coffee Sugar and Cocoa Exchange. The New York Board of Trade...

Naked Call Option – Explained

by TheBusinessProfessor | Feb 23, 2025 | Investments, Trading, and Financial Markets

What is a Naked Call Option?A naked call is a call option strategy where a speculator or investor writes (sells) a call option on a security without having the ownership on that underlying security. It is a very risky option strategy as opposed to the covered call...

National Futures Association – Explained

by TheBusinessProfessor | Feb 23, 2025 | Investments, Trading, and Financial Markets

What is the National Futures Association?The National Futures Association (NFA) is a self-regulatory organization for the futures and derivatives market in the United States. The NFA is a registered futures association designated by the Commodities Futures Trade...

New York Stock Exchange – Explained

by TheBusinessProfessor | Feb 23, 2025 | Investments, Trading, and Financial Markets

What is the New York Stock Exchange?The New York Stock Exchange is the oldest stock exchange in the United States located at 11 Wall Street, Lower Manhattan, New York City, New York. It was founded in 1792 and by far the largest stock exchange in the world based on...
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