Oxford Ledge — markets, SEC filings, and free finance lessons. Thursday, October 22nd.
A research platform for lifelong students and investors — delayed market data, SEC filings, and over four hundred free lessons.
LEDGE FACTSpecial Drawing Rights (SDRs) were created by the IMF in 1969 as a supplementary international reserve asset - they're now valued against 5 currencies
Today's headlines
AI Spending Isn’t Enough for Investors
Bitter triumph: Kuehne + Nagel cements Air & Sea leadership…
Start with a lesson
No account needed — the lessons are free. Begin with how the market actually works, in plain English, a few minutes at a time.
Today's reading
Net Interest Margin: The Spread Engine.
On this date
1987: A record Gutenberg Bible
BDC universe
Business-development companies are private-credit funds that file their loan books quarterly. Most-held borrower across BDCs: iCIMS, Inc. — Software (10 BDCs have reported exposure).
Markets
10-year sits at 5.12% as of Oct 20 — up 93 bps from the year's open.
What’s new
- A welcome-back note when you returnSigned in and back after eight hours or more? The dashboard opens with a short note listing the latest updates. Choose "Don't show again" to turn it off.
- Industry tables show their context figures to everyoneWithout signing in, industry comparisons now show each company's price, market value and last-twelve-months revenue, plus the quarterly trend of the headline measure.
- After the close, quotes show the closing priceWhen the market is closed, a ticker page shows the last close and its day, such as Close Fri Oct 9, instead of a fetch time that read as a live quote.