NSSC Blog: Before You Invest

Question of the week: What is an Initial Coin Offering and is it a security?

Initial Coin Offerings (ICOs) using cryptocurrencies are a new way for businesses to raise capital.

Cryptocurrencies are online currencies that have their own monetary value but are not tied to a country or bank. They run on a distributed public ledger also called a blockchain which is a decentralized record of all transactions by currency holders. The most popular and known cryptocurrency is BitCoin, but there many others including Ethereum and Ripple.

Question of the week: What is an Index?

Every night on the evening news you hear that the market is up or down and rather large numbers and a up or down arrow are slotted in besides the words S&P 500, Dow Jones Industrial Average and S&P/TSX Composite. These are indexes.

Whenever you hear someone talking about the Dow Jones, or S&P/TSX Composite they are talking about an index. The definition of an index in finance is …

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