What Is the Russell 2000 Index?

The Russell 2000 Index is an index of small-cap stocks. It is a subset of the Russell 3000 Index, which includes the 3,000 largest publicly-traded companies in the United States. The Russell 2000 is widely used by investors as a benchmark for small-cap stocks. How does the Russell 2000 work? The Russell 2000 Index is … Read more

What Is a Yankee Market?

A Yankee market is a securities market in the United States that is open to foreign investors. These markets are typically located in New York City, and they allow investors to trade securities that are not listed on any U.S. exchanges. Yankee markets are often used by hedge funds and other institutional investors to trade … Read more

What Is the Depository Trust Company (DTC) in Banking?

The Depository Trust Company (DTC) is a bank that specializes in securities. It is a member of the Depository Trust & Clearing Corporation (DTCC), which is a holding company that provides clearing and settlement services for securities in the United States. The DTC holds securities for its members, which include broker-dealers, banks, and other financial … Read more