Research guide
Our Insights discuss the mechanics behind market prices and reported returns. This guide groups existing articles by topic.
Execution and liquidity
Section titled “Execution and liquidity”A quoted spread or headline trading volume does not describe the full cost of a trade. Start with:
Funding and returns
Section titled “Funding and returns”To understand what a funding payment represents and how the capital denominator affects a return calculation, read:
Collateral and settlement
Section titled “Collateral and settlement”For the constraints around collateral and completing a transaction, read:
How to use these materials
Section titled “How to use these materials”Check each article’s dates, assumptions and linked sources. Numerical examples illustrate the stated scenario; they are not performance forecasts or investment recommendations.