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Remarks From The SIFMA Complex Product Forum, Thomas M. Selman, Executive...

Thank you, John, for your gracious introduction; to SIFMA for sponsoring this conference; and to the audience for indulging me as I perorate through your coffee and dessert.read more...

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Launch Date For NZ Milk Price Options

NZX is pleased to announce that the launch of milk price options contracts will occur on 30 June 2016. This follows the successful launch of milk price futures contracts on 27 May.read more...

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Network Valuation in Financial Systems. (arXiv:1606.05164v1 [q-fin.RM])

We introduce a network valuation model (hereafter NEVA) for the ex-ante valuation of claims among financial institutions connected in a network of liabilities. Similar to previous work, the new...

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Shall I Sell or Shall I Wait? Optimal Liquidation under Partial Information...

We study the problem of a trader who wants to maximize the expected reward from liquidating a given stock position. We model the stock price dynamics as a geometric pure jump process with local...

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From Ethical Review to Responsible Research and Innovation

The concept of RRI has emerged as a new framework to be used by the European Commission for research projects. It now lies at the core of the Horizon 2020 programme and is designed to replace current...

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HSBC Finance Corp Reaches Agreement To Resolve 14- Year Shareholder Class Action

In a filing with The Bermuda Stock Exchange (“BSX”), HSBC Holdings plc (Ticker: HSBC.BH) announces HSBC Finance Corp reaches agreement to resolve 14- year shareholder class action. The full filing...

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ASIC Releases Report Highlighting Significant Failures In The Retail OTC...

ASIC today released a report detailing the findings of a recent surveillance program and identifying some serious and widespread compliance failures in the retail over-the-counter (OTC) derivatives...

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Better Corporate Governance Key To Attracting Investors To Taiwanâs...

The adoption of best practice information disclosure will be essential for attracting more investment to the promising semiconductor, biotechnology and automotive companies listed on the Taiwan Stock...

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Eurex Clearing Enhances The Marketplace For Securities Lending Central Clearing

The securities lending business turns gradually into a centrally cleared segment. “The impact of regulation and the increasing cost of capital, combined with the drive for operational efficiency,...

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Dubai Financial Services Authority Hosts Annual Supervision Outreach Session

The Dubai Financial Services Authority (DFSA) held its Annual Supervision Outreach Session last month to discuss key regulatory priorities and issues. The event brought together various speakers from...

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CEGH To Join PEGAS Platform

Parisian-based Powernext SA and the Austrian Central European Gas Hub AG (CEGH) have signed an agreement to jointly develop the Austrian as well as the Central and Eastern European (CEE) gas markets....

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HKEX To Work To Revise Its Stock Option Position Limit Model

Hong Kong Exchanges and Clearing Limited (HKEX) announced today (Monday) that it will work to revise its stock option position limit (SOPL) model.read more...

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Dubai Financial Market: Comprising The Rights Issues Of Ajman Bank, Dubai...

Dubai Financial Market (DFM) has recorded AED 527 million of trading in Rights Issues of three listed companies since the beginning of 2016. The Rights Issues are for Ajman Bank, Dubai Parks &...

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European Investment Bank And Funding Circle Announce Groundbreaking...

The European Investment Bank today agreed a £100 million investment in loans to UK small businesses originated through Funding Circle, the world’s leading marketplace for business loans. This...

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WSE Open To Cooperation With Chinese Investors

The Warsaw Stock Exchange and Haitong Bank have signed a cooperation agreement. In order to support both parties development, the agreement provides for mutual exchange of information about the...

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Euronext: Cerinnov Accelerates Growth On Alternext - â¬9.2 Million...

EnterNext, the Euronext subsidiary dedicated to promoting and growing the market for small and medium-sized companies (SMEs), today welcomed Cerinnov, a specialist in robotic engineering and industrial...

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McObject Accelerates eXtremeDB Financial Editionâs Database Clustering...

McObject®, developer of the eXtremeDB® Financial Edition database management system (DBMS), and Mellanox, a leading supplier of end-to-end Ethernet and InfiniBand interconnect solutions and services,...

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FESE Announces The Winner Of The Josseph De La Vega Prize 2016

The Federation of European Securities Exchanges (FESE) is delighted to announce that this year's winners of the De la Vega Prize 2016 areMarlene D. Haas and Marius A. Zoican for their paper "Discrete...

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Are State and Time Dependent Models Really Different? -- by Fernando E....

Yes, but only for large monetary shocks. In particular, we show that in a broad class of models where shocks have continuous paths, the propagation of a monetary impulse is independent of the nature of...

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Do Credit Card Companies Screen for Behavioral Biases? -- by Hong Ru,...

We look at the supply side of the credit card market to analyze the pricing and marketing strategies of credit card offers. First, we show that card issuers target less-educated customers with more...

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