Nasdaq Welcomes Macquarie Group To The Nasdaq International Designation
Nasdaq, Inc. (Nasdaq:NDAQ) today announced that Macquarie Group, a leading provider of financial, advisory, investment and funds management services based in Sydney, Australia, is the latest company to...
View ArticleLuc Fortin To Join Montréal Exchange As Managing Director,...
Montréal Exchange today announced the appointment of Luc Fortin as Managing Director, Derivatives Trading, effective June 27, 2016.read more...
View ArticleNasdaq, Inc. Prices â¬600,000,000 Senior Notes Offering
Nasdaq, Inc. (the “Company”) (Nasdaq:NDAQ) today announced that it priced a public offering of €600,000,000 aggregate principal amount of Euro-denominated 1.75% senior notes due 2023 (the “Offering”)....
View ArticleEBA Confirms The Use Of Unsolicited Credit Ratings For Determining...
Related documents:read more...
View ArticleEuronext: Successful Debut Of Portuguese Treasury Bonds Dedicated To Retail -...
Euronext today announced the first issue of Treasury Bonds, dedicated to retail investors, to be listed in its regulated market on May 19. Initially set at €350 million, the Portuguese Treasury and...
View ArticleSEC Awards More Than $5 Million To Whistleblower - Award Is SEC...
The Securities and Exchange Commission today announced that it will award between $5 million and $6 million to a former company insider whose detailed tip led the agency to uncover securities...
View ArticleEuropean Council, Council Of The European Union: Manipulation Of Market...
On 17 May 2016, the Council adopted new rules aimed at ensuring greater accuracy and integrity of benchmarks in financial instruments. read more...
View ArticleEuropean Commission - Speech By Commissioner Jonathan Hill At The Public...
Ladies and gentlemen,read more...
View ArticleITG Declares Quarterly Dividend
NEW YORK, May 17, 2016 â ITG (NYSE: ITG) today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.07 per share on the companyâs common stock, payable on June...
View ArticleAsymptotic Implied Volatility at the Second Order with Application to the...
We provide a general method to compute a Taylor expansion in time of implied volatility for stochastic volatility models, using a heat kernel expansion. Beyond the order 0 implied volatility which is...
View ArticleWrong-Way Risk Models: A Comparison of Analytical Exposures....
In this paper, we compare static and dynamic (reduced form) approaches for modeling wrong-way risk in the context of CVA. Although all these approaches potentially suffer from arbitrage problems, they...
View ArticleOptimality of two-parameter strategies in stochastic control....
In this note, we study a class of stochastic control problems where the optimal strategies are described by two parameters. These include a subset of singular control, impulse control, and two-player...
View ArticleHow brokers can optimally plot against traders. (arXiv:1605.04949v1 [q-fin.TR])
Traders buy and sell financial instruments in hopes of making profit, and brokers are responsible for the transaction. Some brokers, known as market-makers, take the position opposite to the trader's....
View ArticleQuantum theory of securities price formation in financial markets....
We develop a theory of securities price formation and dynamics based on quantum approach and without presuming any similarities with quantum mechanics. Disorder introduced by trading environment leads...
View ArticleExtended nonlinear feedback model for describing episodes of high inflation....
An extension of the nonlinear feedback (NLF) formalism to describe regimes of hyper- and high-inflation in economy is proposed in the present work. In the NLF model the consumer price index (CPI)...
View ArticleStochastic Effects in a Discretized Kinetic Model of Economic Exchange....
Linear stochastic models and discretized kinetic theory are two complementary analytical techniques used for the investigation of complex systems of economic interactions. The former employ Langevin...
View ArticleMortgages and Refinancing. (arXiv:1605.04941v1 [q-fin.PR])
In general, homeowners refinance in response to a decrease in interest rates, as their borrowing costs are lowered. However, it is worth investigating the effects of refinancing after taking the...
View ArticleValue-at-Risk: The Effect of Autoregression in a Quantile Process....
Value-at-Risk (VaR) is an institutional measure of risk favored by financial regulators. VaR may be interpreted as a quantile of future portfolio values conditional on the information available, where...
View ArticleOpenDoor Appoints Robert Grillo As President
OpenDoor Trading (“OpenDoor”), a platform designed to improve liquidity in the U.S. Treasury bond markets, has appointed Robert Grillo as its President. He is the second senior hire by OpenDoor this...
View Article