Collateralized Debt Obligation (CDO).

A collateralized debt obligation (CDO) is a type of structured finance product that repackages and transforms a pool of assets into a new security. The pool of assets is typically made up of debt obligations, such as bonds or loans. The new security created by the CDO is then sold to investors. The cash flows … Read more

Renko Chart Definition and Uses.

A Renko chart is a type of chart, developed by the Japanese, that is built using price movement rather than both price and time as traditional candlestick and bar charts are. A Renko chart is thought to be named for the Japanese word for bricks, “renga”. Each brick on a Renko chart represents price movement … Read more