Crypto · WFN explainerA two-of-three wallet creates a signature threshold. Whether it creates two independent approvals depends on who controls the owners and which other execution paths the wallet permits.
Brokerage · WFN explainerA brokerage account can show a healthy cash balance while that balance earns much less than its owner assumes. The first question is where the cash actually sits under the account’s default arrangement.
Brokerage · WFN explainerA stock price shown after the main session can look like the same market continuing uninterrupted. Execution may instead depend on a narrower set of venues, different order rules and less available liquidity.
Brokerage · WFN explainerA trading pause is a market state, not a complete description of an investor’s order. Brokers need to distinguish the reason for the pause from the status of each order submitted before or during it.
Brokerage · WFN explainerAn execution can look favourable against the quote when an order reached the market and unfavourable against the price when the investment decision was made. The benchmark defines the question being answered.
Brokerage · WFN explainerA custody balance can match the broker’s aggregate records while individual customers’ allocations are wrong. Reconciliation needs to test the ownership records as well as the total number of assets.
Binary Options · WFN explainerA probability estimate can exceed a contract’s displayed price ratio and still fail to cover trading costs. The relevant threshold uses the complete cash flows, including when each fee is charged.
Binary Options · WFN explainerDividing an event contract’s price by its maximum payout produces a convenient ratio. Interpreting that ratio as the event’s actual probability requires assumptions that the ratio itself does not establish.
Binary Options · WFN explainerA yes/no contract can still encounter a third operational condition: the designated evidence is unavailable. The outcome rule needs to say how that condition is handled before settlement becomes disputed.
Binary Options · WFN explainerMoving an event to another date can leave its real-world identity intact while changing the proposition a contract describes. The relevant boundary is the contract’s wording, not the label displayed beside it.
Binary Options · WFN explainerA signal can appear accurate in a historical test because the test quietly includes information unavailable when the decision would have been made. Reconstructing the information timeline is a stronger check than counting winners alone.
Binary Options · WFN explainer
A signal appearing in 80% of event cases does not mean 80% of signals predict the event. Bayes’ rule keeps the underlying frequency in the calculation.
Binary Options · WFN explainer
A last-traded price and a bid–ask midpoint can differ. A hypothetical threshold shows why the designated settlement metric must be identified first.
Crypto · WFN explainer
Relative locktime can constrain spending by a funding output’s age. A block-based delay is not a guaranteed number of minutes or a scheduled payment.
Crypto · WFN explainer
Taproot supports key-path and script-path spending. The information revealed by a spend depends on its path; neither path guarantees anonymity.
Forex · WFN explainer
The Bank of Japan’s business survey measures the balance of corporate sentiment. Its index is neither a growth rate nor a currency forecast.
Forex · WFN explainer
China’s official manufacturing PMI combines five weighted subindices. Supplier delivery time enters the calculation with its direction reversed.
Binary Options · WFN explainer
Denmark announced a permanent national retail restriction in July 2019. The decision’s defined product scope and narrow exclusions matter to its history.
Crypto · WFN explainer
An NFT’s token number identifies it within a contract. The network, contract, ownership record and optional metadata each answer a different question.
Crypto · WFN explainer
Ethereum’s CREATE2 derives a contract address from specified inputs. Calculating that address does not establish that usable or reviewed code exists there.
Forex · WFN explainer
Eurostat expresses unemployment as a share of the labour force. A rate can move because either the unemployed count or its denominator changes.
Brokerage · WFN explainer
FINRA’s BrokerCheck supplies registration and background information. Matching the person, firm and record matters before interpreting an advertised claim.
Brokerage · WFN explainer
An order filled in several pieces needs a quantity-weighted average. Averaging execution prices without their sizes can misstate the result.
Brokerage · WFN explainer
Day, GTC, IOC and FOK describe an order’s duration or immediate-fill conditions. They are separate from its price instruction and execution record.