ASIC Permanently Bans Former Deutsche Bank FX Trader
ASIC has permanently banned former Deutsche Bank FX options and futures trader, Andrew Donaldson, of Sydney, from providing financial services.read more...
View Articleenepath Launches New Eclipse Voice Trading Product Suite - A Turret Solution...
enepath, the TraderVoice and communications specialist, is pleased to announce the launch of its EclipseTM product suite. Utilising the latest technology to deliver new voice services that the trading...
View ArticleCalastone Strengthens China-Hong Kong Market Link By Enabling Direct...
Calastone, the global fund transaction network, today announced the establishment of direct connectivity with Shenzhen Securities Communications Co. (SSCC) a fully-owned subsidiary of the Shenzhen...
View ArticleESMA Consults On Future Rules For Financial Benchmarks
The European Securities and Markets Authority (ESMA) has today published a consultation paper regarding its draft regulatory and implementing technical standards (RTS/ITS) which will implement the...
View ArticleMoscow Exchange: Final Settlement Of January's Brent Futures Contracts
The final settlement date of the January's Brent futures contracts (BR-1.17) is to be changed to 30 December 2016 as 2 January 2017 is a non-trading day due to public holidays in Russia. read more...
View ArticleUK's Financial Conduct Authority Publishes Third MiFID II Consultation Paper
The Financial Conduct Authority (FCA) has today (29 September 2016) published its third consultation paper on the implementation of the revised Markets in Financial Instruments Directive (MiFID...
View ArticleThomson Reuters Enables Innovation With Next Generation Developer Community -...
Thomson Reuters has launched its next generation developer platform for the Thomson Reuters Developer Community, continuing its commitment to be a leader in promoting open technologies, collaboration...
View ArticleHKSCC Appoints ICBC (Asia) As Settlement Bank
Hong Kong Securities Clearing Company Limited (HKSCC), a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEX), announces the appointment of Industrial and Commercial Bank of China...
View ArticleUK's Financial Conduct Authority: Former Investment Portfolio Manager Charged...
The Financial Conduct Authority (FCA) has instituted criminal proceedings against Mark Alexander Lyttleton (date of birth 9 June 1971), a former Investment Portfolio Manager at Blackrock Investment...
View ArticleEDHEC-Risk Institute A Growing Interest From Investors In Smart Beta ETFs...
In a survey of investment professionals conducted as part of the Amundi ETF, Indexing & Smart Beta research chair at EDHEC-Risk Institute on “ETF and Passive Investment Strategies”, EDHEC-Risk...
View ArticleNZX CEO To Step Down At The End Of The Year
NZX today announced that CEO Tim Bennett has provided notice to the NZX Board of his decision to step down at the end of the year, with the Board now undertaking a formal search for a new CEO.read more...
View ArticleThomson Reuters Closes Sale Of Intellectual Property & Science Business...
Thomson Reuters (TSX/NYSE: TRI) today announced that it has closed the sale of its Intellectual Property & Science (IP&S) business to Onex Corporation and Baring Private Equity Asia for $3.55...
View ArticleExponential functionals of Levy processes and variable annuity guaranteed...
Exponential functionals of Brownian motion have been extensively studied in financial and insurance mathematics due to their broad applications, for example, in the pricing of Asian options. The...
View ArticleOptimal Portfolios of Illiquid Assets. (arXiv:1610.00395v1 [q-fin.MF])
This paper investigates the investment behaviour of a large unregulated financial institution (FI) with CARA risk preferences. It shows how the FI optimizes its trading to account for market...
View ArticleDecoupling the short- and long-term behavior of stochastic volatility....
We study the empirical properties of realized volatility of the E-mini S&P 500 futures contract at various time scales, ranging from a few minutes to one day. Our main finding is that intraday...
View ArticleVolatility Inference and Return Dependencies in Stochastic Volatility Models....
Stochastic volatility models describe stock returns $r_t$ as driven by an unobserved process capturing the random dynamics of volatility $v_t$. The present paper quantifies how much information about...
View ArticleThe complex dynamics of products and its asymptotic properties....
We analyze global export data within the Economic Complexity framework. We couple the new economic dimension Complexity, which captures how sophisticated products are, with an index called logPRODY, a...
View ArticleLimit Order Strategic Placement with Adverse Selection Risk and the Role of...
This paper is split in three parts: first we use labelled trade data to exhibit how market participants accept or not transactions via limit orders as a function of liquidity imbalance; then we develop...
View ArticleHysteresis and Duration Dependence of Financial Crises in the US: Evidence...
This study analyses the duration dependence of events that trigger volatility persistence in stock markets. Such events, in our context, are monthly spells of contiguous price decline or negative...
View Article