Compendium

Finance Tier 3 — Family Indexes

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Finance Tier 3 — Family Indexes

This is the Tier 3 (T3) Map of Content (MOC) for the Finance library. T3 notes are deep, catalog-style references — long enumerations of instruments, methodologies, frameworks, and ecosystems that don’t fit naturally into a Tier 2 family page but are load-bearing reference material a working agent needs to look up.

T3 sits between T2 (family overview) and T4 (deep single-topic dives). T3 notes are “catalogs”: breadth-over-depth references intended to be the canonical entry point when an agent needs to know “what are all the X” rather than “how does one specific X work”.

Published T3 catalogs

  • derivatives-and-instruments-catalog — Futures, forwards, options, swaps, exotics, structured products, credit derivatives, commodity spreads, crypto derivatives, pricing models (Black-Scholes, Heston, SABR, rough vol), and the major derivatives exchanges. Covers single-name + index + ETF options, vanilla
    • path-dependent + multi-asset payoffs, and the full Greek + surface taxonomy. ~550 lines, ~110 concrete instruments cataloged.

Planned / deferred T3 catalogs

The following are scoped but not yet written. Listed in rough priority order:

  • Fund types catalog — open-end mutual funds vs closed-end vs ETF vs UIT vs ETN; ‘40 Act vs ‘33 Act exempt; hedge fund strategies (long/short equity, global macro, managed futures CTA, event-driven, distressed, relative value, multi-strategy); private equity (buyout, growth, venture); private credit (direct lending, mezzanine, distressed); BDC business development companies; REITs (equity, mortgage, hybrid); SMAs separately-managed accounts; UCITS (European); structure / fee / wrapper comparison matrix.

  • Index methodology zoo — price-weighted (DJIA, Nikkei 225) vs market-cap weighted (S&P 500, Russell 3000, MSCI ACWI) vs free-float adjusted vs fundamental-weighted (RAFI) vs equal-weighted vs factor (MSCI Quality, Momentum, Min Vol) vs ESG-screened; reconstitution rules; corporate action treatment; total return vs price return vs net return; major index providers (S&P DJI, MSCI, FTSE Russell, Bloomberg, Nasdaq Indexes, Solactive, CRSP).

  • Accounting framework comparison — US GAAP vs IFRS vs UK GAAP (FRS 102) vs Japanese GAAP vs Chinese ASBE; FASB ASC topic structure (842 leases, 606 revenue, 326 CECL); IFRS standards (IFRS 9 financial instruments, IFRS 15 revenue, IFRS 16 leases, IFRS 17 insurance); convergence history; treatment differences (LIFO permitted GAAP, banned IFRS; goodwill amortization vs impairment-only; development cost capitalization; revaluation model).

  • Payment networks catalog — card networks (Visa, Mastercard, American Express, Discover, UnionPay, JCB, RuPay, Mir, Elo); ACH (NACHA, Same-Day ACH); wire (Fedwire, CHIPS, SWIFT MT vs ISO 20022 MX migration 2025); RTP (TCH RTP, FedNow 2023+, UPI India, Pix Brazil, FPS UK, SEPA Instant); crypto rails (Bitcoin Lightning, USDC + USDT on Ethereum/Solana/Tron); interchange economics, settlement T+0 vs T+1 vs T+2 (US equities T+1 since 2024-05-28), 3DS authentication.

Cross-references

Finance T3 catalogs link to T2 family pages for context:

Adjacent

3 items under this folder.