Derivatives are financial contracts whose value is derived from an underlying asset. This asset can be a stock, index, commodity, currency, or even interest rates. Instead of owning the actual asset, ...

Citadel Securities, which provides trading services to asset managers, banks, broker-dealers and hedge funds, has sued the Securities and Exchange Commission over its decision to approve a new ...

Half of all financial assets worldwide are now held and intermediated by companies that are not classified and regulated as banks.