Index Options vs. Equity Options: Cash Settlement & Tax Rules
Learn how index options differ from equity options in cash settlement, European exercise, early assignment risk, and Section 1256 60/40 tax treatment.
Market Education
Learn how stocks, bonds and capital markets work. Explore plain-English explanations, worked examples and charts, then follow related coverage to connect market concepts with current events. Find your way around ECMSource.
Bloom Energy Jumps on 158,000 Sq Ft Fremont Factory Expansion
Bloom Energy added a 158,000-square-foot facility in Fremont to double fuel cell production capacity to 2 GW as AI data center power demand accelerates.
Central Bank Liquidity Swaps: How Global Dollar Funding Works
Central bank liquidity swaps provide foreign central banks with dollars during market stress. Here is how swap lines, pricing, and collateral mechanics work.
Nvidia Expands Buyback Program With $150B Authorization
Nvidia expanded its share repurchase program by $150 billion, raising total remaining authorization to $235 billion through fiscal 2028.
Mortgage Points Explained: Discount Points, Math & Tax Rules
Learn how mortgage discount points work, calculate your exact break-even timeline, and understand IRS and CFPB rules before buying down your rate.
Vail Resorts Net Income Falls to $147.5M as Pass Units Drop 12%
Vail Resorts posted fiscal 2026 net income of $147.5M, down 47%, as record-low Western snowfall cut skier visits and early 2026/27 pass units fell 12%.
Margin vs. Cash Accounts: How Leverage and Margin Calls Work
Understand how cash accounts differ from margin accounts, including Reg T rules, leverage risks, margin call mathematics, and tax treatment of interest.
MongoDB CEO CJ Desai Exits for Meta; Dev Ittycheria Returns
MongoDB CEO CJ Desai has stepped down to join Meta. Former CEO Dev Ittycheria returns as interim chief as MongoDB reaffirms FY2027 guidance.
SOFR vs. Fed Funds Rate: Secured vs. Unsecured Benchmarks
Understand the key differences between SOFR and the Fed Funds Rate, from collateral and calculation methods to how they drive lending and policy.
Fox Factory Sells Marucci for $225M, Cuts Leverage to 2.7x
Fox Factory completed the $225 million sale of Marucci Sports, applying $200 million in closing cash to debt and reducing net leverage from 3.7x to 2.7x.