Allocation of risk capital in a cost cooperative game induced by a modified...
The standard theory of coherent risk measures fails to consider individual institutions as part of a system which might itself experience instability and spread new sources of risk to the market...
View ArticleArbitrage and utility maximization in market models with an insider....
We study arbitrage opportunities, market viability and utility maximization in market models with an insider. Assuming that an economic agent possesses from the beginning an additional information in...
View ArticlePath-dependent option pricing with explicit solutions, stochastic...
New simulation approaches to evaluating path-dependent options without matrix inversion issues nor Euler bias are evaluated. They employ three main contributions: Stochastic approximation replaces...
View ArticleWorld Gold Council, LME And Key Market Participants To Launch LMEprecious
The World Gold Council and the London Metal Exchange (LME), together with Goldman Sachs, ICBC Standard Bank, Morgan Stanley, Natixis, OSTC and Societe Generale, today announce their intention to...
View ArticleUS Justice Department Reaches Settlement To Resolve Allegations Against HSBC...
The Justice Department announced today that HSBC Finance Corporation, as successor to HSBC Auto Finance Inc., has agreed to pay $434,500 to resolve allegations that it violated the Servicemembers Civil...
View ArticleASIC: Review Of Australian Equity Market cCeanliness
A review by ASIC has found an overall improvement in the measures of cleanliness in the Australian listed equity market over the past decade.read more...
View ArticleUK’s Competition and Markets Authority Paves The Way For Open Banking...
A package of measures being imposed by the CMA will ensure banks work harder for customers and the benefits of new technology are fully exploited.read more...
View ArticleASIC Review Of Handling Of Confidential Information And Conflicts Of Interest...
An ASIC review of risks related to the handling of confidential information and conflicts of interests, particularly in the provision of sell-side research and corporate advisory services, has found...
View ArticleFinancial Services Board (South Africa) And Abu Dhabi Global Market Form New...
The Financial Services Board (the FSB) of the Republic of South Africa and the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) signed a landmark Memorandum Of...
View ArticleTullett Prebon To Launch Innovative Electronic Trading Platform - Delivering...
Tullett Prebon, one of the world’s leading interdealer brokers, announces that it has entered into a partnership with GMEX Group to develop a best-in-class hybrid voice and electronic trading platform...
View ArticleUK's Financial Conduct Authority: Cenkos Securities Fined For Failure To...
The Financial Conduct Authority (FCA) has today fined Cenkos Securities plc (Cenkos) £530,500 for failures in its sponsor services business. Cenkos failed to have appropriate systems and controls in...
View ArticleFollowing The Success Of The TA-25 Index Weekly Options Tel Aviv Stock...
The board of directors of the Tel Aviv Stock Exchange (TASE) decided in its meeting on Thursday (August 4, 2016) to launch US Dollar weekly options. Weekly TA-25 Index options were introduced by TASE...
View ArticleBats Europe To Launch New European Equities Large In Scale Negotiation...
Bats Europe, the region’s largest stock exchange operator, and BIDS Trading LP (BIDS), the largest block trading ATS by volume in the U.S., announced today that Bats Europe has agreed to license BIDS...
View ArticleACER Consults Stakeholders On The “Congestion Indicators” For Gas...
ACER launches today a call for Evidence on the “congestion indicators” included in the European Commission Guidelines on Congestion Management Procedures.read more...
View ArticleRussian Issuers Hold First Shareholders Meetings Using New Technology
National Settlement Depository (NSD), Russia’s central securities depository, held first corporate actions using a new technology in accordance with legislative amendments put into effect 1 July 2016...
View ArticleREDI Expands Asia-Pacific Presence With Data Center Build-Out, Staff Additions
REDI Global Technologies today announced the expansion of its Asia-Pacific data center infrastructure, as well as the addition of several new staff in the region. This builds on REDI’s points of...
View ArticleBelektron Extends Market Making At EEX Emissions Market
The European Energy Exchange (EEX) welcomes Belektron d.o.o. as a new Market Maker on the Derivatives Market for Emission Allowances. Since January 2015, Belektron has been active as a Market Maker on...
View ArticleITG Launches Brazil and Mexico Close Algorithms
New Algos Seek to Capture End-of-Session Liquidity NEW YORK, Aug. 09, 2016 (GLOBE NEWSWIRE) -- ITG (NYSE:ITG), a leading independent broker and financial technology provider, today announced the launch...
View ArticleTokyo Commodity Exchange: Dubai Crude Oil Open Interest Reaches Above 110,000...
The Tokyo Commodity Exchange, Inc. (TOCOM) announced today that the open interest for Dubai Crude Oil futures was 112,288 contracts. It is the first time for the total number of outstanding orders for...
View ArticleDeutsche Börse: Merger Of Deutsche Börse Group And London Stock...
Deutsche Börse AG announces that more than 75 percent of Deutsche Börse shares have been tendered under the exchange offer of HLDCO123 PLC (HoldCo) as at 16:00 hrs (CEST) and thus prior to the...
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