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TradeAlmanac Journal: how the Russian market actually works
Explainers, an investor's glossary and courses on the Moscow Exchange, SPB Exchange, bonds, dividends, taxes and macroeconomics. Every number in an article is pulled from the TradeAlmanac database rather than typed in by hand, so it does not go stale.
194 articles · 1109 glossary entries · 12 courses
Most read
Sections
- Investing basicsWhere an account begins: the broker, the depository, the first trade, and what separates investing from speculation.149 articles
- StocksWhat owning a share of a business means, where the price comes from, and how ordinary shares differ from preferred ones.9 articles
- BondsCoupon, duration, put dates and yield to maturity — and why a bond's price falls when rates rise.4 articles
Courses: articles in a meaningful order
- A dividend strategyHow payouts work, what a dividend policy really promises, and why a record yield in the screener is a warning rather than an invitation.6 steps · about 75 min
- Bonds from scratchCoupon, accrued interest, duration, put options and yield to maturity — everything needed to compare two issues and not sleep through a put date.7 steps · about 80 min
- Derivatives without illusionsFutures, options, margin and expiry: how the contracts work, what the money is debited for every evening, and why leverage hurts even when the forecast is right.
Investor's glossary
Latest
- A Debtor or No Debtor: What Actually Separates a Digital Financial Asset from Digital CurrencyInvesting basics · 8 min
- Digital Financial Assets: A Claim Recorded on an Operator's Platform, Not a SecurityInvesting basics · 11 min
- Crypto in Russia: How the Law Routes a Purchase Through a Registered Intermediary — and What It Stops Short of PromisingInvesting basics · 12 min