MoneyScience News |
- Blog Post: RobertPestonBlog: Barclays, citizenship and bonuses
- Oracle Integrates R Statistical Programming Language into Oracle Database 11g
- Published / Preprint: Market risks in asset management companies
- Blog Post: HighFrequencyTradingReview: Aviat Networks' Ultra Low-Latency Microwave Accelerates High-Frequency Trading
- Research Library: Evolvement of Uniformity and Volatility in the Stressed Global Financial Village
- Blog Post: TalesfromaTradingDesk: FIX Adapted for STreaming
- Early Detection of Collapse Waves in the Global Financial Markets - A New Methodology
- Weird art-valuation justifications of the day, Sarah Thornton edition @FelixSalmon http://t.co/LWrxKq9W #tcm
- New insider-trading prosecutions serve as a warning to those too young to recall crackdowns during the Reagan Era http://t.co/P74NdRWA #tcm
- Barclays announces it is capping cash bonuses at £65,000 and reports a 3% fall in profits to £5.9bn http://t.co/dtGWp1iW #tcm
- Blog Post: FINalternatives: Astenbeck Loses 3.8%, First Loss For Manager In 14 Years
- The Financial Education Daily is out! http://t.co/TYlzia3F ⸠Top stories today via @robinsoncollege @cornell_univ @ucberkeleynews
- Blog Post: TheFinancialServicesClub: Things worth reading: 10th February 2012
- Blog Post: FinanceProfessor: Study: Consumers Keep Up -- or Down -- with the Joneses During Recession - Duke's Fuqua School of Business
- Cass News: Proactivity vs. loyalty http://t.co/TY9Neo1X
- Blog Post: frontrunthedelta: Lloyd's of London: The Original Put Writers
- Blog Post: AllAboutAlpha: Crumbled Portfolios Look to Rebuild with Infrastructure Investments
- Published / Preprint: Choix strat\'egiques de la firme et contr\^ole financier. (arXiv:1202.1949v1 [q-fin.GN])
- Published / Preprint: A mathematical treatment of bank monitoring incentives. (arXiv:1202.2076v1 [math.PR])
- Published / Preprint: Quantum Financial Economics of Games of Strategy and Financial Decisions. (arXiv:1202.2080v1 [q-fin.GN])
- Published / Preprint: Perturbed Copula: Introducing the skew effect in the co-dependence. (arXiv:1003.0041v2 [q-fin.PR] UPDATED)
- Blog Post: MoneyManagersLive: Volatility Unleashed (Continued)
- Blog Post: FinanceClippings: College Endowment returns are not too good.
- Blog Post: TheReformedBroker: Media: How Would Jesse Livermore Trade Apple?
- RT @QFINANCEnews: A week in the world of business and finance (February 03'09, 2012) http://t.co/ig2oeiiE
- Blog Post: QFINANCE: A week in the world of business and finance (February 03'09, 2012)
- "A rumor in real-time": The logic of a Thomson Reuters takeover of the Financial Times - http://t.co/m3dnrJ9P
- Blog Post: substructural: Functional Languages and Call-By-Value, Part 1
- "A rumor in real-time": The logic of a Thomson Reuters takeover of the Financial Times
- "A rumor in real-time": The logic of a Thomson Reuters takeover of the Financial Times
- The Credit Suisse Global Investment Returns Yearbook 2012
- Proactivity vs. loyalty
- Research Library: High-Frequency Trading - Study commissioned by Deutsche Borse Group (pdf)
- Research Library: Competition for Traders and Risk
- Blog Post: mathfinance: Kalman Filter Week in Review 090212
- Financial Technology News Report is out! http://t.co/Jdseecpa : Top stories today via @markiteconomics @asymptotix @inside_r @matlab
- Published / Preprint: Evolvement of Uniformity and Volatility in the Stressed Global Financial Village
- Blog Post: relmbo: College Endowment and Public Pension Fund Returns Are Not Good
- Published / Preprint: Evaluating catastrophe reinsurance contracts: an option pricing approach with extreme risk
- Published / Preprint: Measuring the success of fiscal consolidations
- Blog Post: MagicMathsandMoney: The intellectual void at the heart of the Occupy movement
- Blog Post: PsyFiBlog: Backfiring Investment Theories
- The Financial Education Daily is out! http://t.co/TYlzia3F ⸠Top stories today via @towsonu @columbia_biz @libertyu
- Cass News: Fragile west, resilient east http://t.co/ElTEvjTX
- Blog Post: WealthandCapitalMarketsBlog: 2.23.12: Celent Securities & Investments Webinar: North American SnAppshot: Capital Markets and Wealth Management: An Overview of Mobile Apps
- Published / Preprint: Identifying States of a Financial Market. (arXiv:1202.1623v1 [q-fin.ST])
- Published / Preprint: Abstract, Classic, and Explicit Turnpikes. (arXiv:1101.0945v2 [q-fin.PM] UPDATED)
- Vendor News: ITG Named Best Equities Trading Platform
- The Google Search Feature at MoneyScience works really rather well - http://t.co/7pk98Y9v
- Blog Post: iMFdirect: Saudi Arabia: a Key Regional and Global Player
- Blog Post: EconometricsBeat: More on the Equivalence of GLS & Other Estimators
- Blog Post: TimingLogic: Financial Market And Economic Update: The Magical Levitation
- Nasdaq Data Center Introduces Computing Cabinets with Chimneys
- Financial Technology News Report is out! http://t.co/Jdseecpa : Top stories today via @niemanncapital @advancedtrading @techandtrading
- Published / Preprint: Inferring fundamental value and crash nonlinearity from bubble calibration
- Blog Post: CLANSMAN2: SAS linx as REFERENCES asymptotix
- Research Library: Financial black swans driven by ultrafast machine ecology
- The Financial Education Daily is out! http://t.co/TYlzia3F ⸠Top stories today via @kelloggschool @escpeurope @wharton @elliottschoolgw
- Blog Post: Falkenblog: A Market Timing Rule that Works
- Published / Preprint: Short-time asymptotics for marginal distributions of semimartingales. (arXiv:1202.1302v1 [math.PR])
- Published / Preprint: Predatory trading and risk minimisation: how to (b)eat the competition. (arXiv:1202.1374v1 [q-fin.GN])
- Published / Preprint: Financial black swans driven by ultrafast machine ecology. (arXiv:1202.1448v1 [physics.soc-ph])
- Published / Preprint: BSDEs in Utility Maximization with BMO Market Price of Risk. (arXiv:1107.0183v2 [math.PR] UPDATED)
- Blog Post: InstituteforNewEconomicThinking: Sylvia Nasar on The Story of Economic Genius: Great Thinkers in History
- Research Library: Dead and alive: Beliefs in contradictory conspiracy theories
- Funny: Academia Translation Guide - http://t.co/hIUHQ7zK - Via @Ritholtz -
- Published / Preprint: Caught between Scylla and Charybdis? Regulating bank leverage when there is rent-seeking and risk-shifting (CEPR DP8822)
- Published / Preprint: Real Effects of Stock Underpricing (CEPR DP8820)
- Published / Preprint: The Role of Equity Funds in the Financial Crisis Propagation (CEPR DP8819)
- Published / Preprint: Competition for traders and risk (CEPR DP8816)
- Financial Technology News Report is out! http://t.co/Jdseecpa : Top stories today via @claradan @alyssa4ar @progresssw @john_avery
- The '94 case of Gordon & Breach v. AIP & APS: interesting to those who care about scientific journals http://t.co/UZpAnRq5 #tcm
- MT @pkedrosky - The Financial 'Brain Drain' Of The U.S. Economy http://t.co/nnw9Efah #tcm
- MiFID II algo proposals âno issueâ â Knight Capital
- The Financial Education Daily is out! http://t.co/TYlzia3F ⸠Top stories today via @libertyu @bob_bruner @columbia_biz
- Research Library: The Iron Fist versus The Invisible Hand: Interventionism and Libertarianism in Environmental Economic Discourses
- Research Library: Can High-Frequency Traders Game Futures?
- MoneyScience Training: An Introduction to QuantLib Development with Luigi Ballabio - London, 21-23 May http://t.co/irIACtRP #quant #tcm
- MoneyScience Training: An Introduction to QuantLib Development with Luigi Ballabio - London, 21-23 May http://t.co/4EhoDT89 #quant #tcm
- Luigi Ballabio and MoneyScience present: Introduction to QuantLib Development - London, 21-23rd May, 2012
- Royal Bank of Scotland Chief Executive, Stephen Hester to speak at MBS
- Financial Markets, Systemic Risk and Fossil Fuel Investment: A response from the Bank of England
- Financial Technology News Report is out! http://t.co/Jdseecpa : Top stories today via @fitzanalytics @fin_tech @stanleyepstein @sitmo_com
- The internet is awash with people offering to write essays for students http://t.co/hBLeHrvF
- MIT Computer Scientist offers $100k award for proof that scalable quantum computing impossible in physical world http://t.co/UmHRWdXt #tcm
- The Financial Education Daily is out! http://t.co/TYlzia3F ⸠Top stories today via @saloner @escpeurope @oriolllop @vlerick @iesebs
- Research Library: Wages and Human Capital in the U.S. Financial Industry: 1909-2006 (pdf)
- Financial Technology News Report is out! http://t.co/Jdseecpa : Top stories today via @techandtrading @niemanncapital
- Research Library: War Games: Simulating Collins’ Theory of Battle Victory
- Research Library: Very Happy People (2002, pdf)
- In case you missed it on Friday, here's the Week in MoneyScience - Digest 03/02/12 - http://t.co/4Wg0cLat
- The Financial Education Daily is out! http://t.co/TYlzia3F ⸠Top stories today via @bob_bruner @smithschool @tuckschool @columbia_biz
- Vendor News: SAP Achieves 2011 Sustainability Goals With Increases in Carbon Efficiency, Women in Management and Employee Engagement
- Vendor News: Rogue Wave Delivers TotalView for IBM Blue Gene/Q to LLNL
- Vendor News: StatPro Revolution Named "Best Buy-Side Newcomer" at 2011 Buy Side Technology Awards
- Vendor News: Orchestrade Partners with Numerix to Expand Cross-Asset Pricing, Valuation and Risk Coverage
- Watching, 'My Child the Rioter' on iPlayer. Recommended. Great work @ollylambert http://t.co/NZiNl1cP #MyChildTheRioter
- Financial Technology News Report is out! http://t.co/Jdseecpa : Top stories today via @fitzanalytics @automatedtrader @mfdvbrokers
- Vendor News: Fidessa Intelligence initiative to deliver powerful real-time trading and pre-/post-trade analysis tools
- The Financial Education Daily is out! http://t.co/TYlzia3F ⸠Top stories today via @imperialcollege @inseadbayarea
| Blog Post: RobertPestonBlog: Barclays, citizenship and bonuses Posted: 10 Feb 2012 03:07 AM PST Barclays' profit before tax of £5.9bn, or £5.6bn on the adjusted measure it prefers, may seem huge.read more... Visit MoneyScience for the Complete Article.      |
| Oracle Integrates R Statistical Programming Language into Oracle Database 11g Posted: 10 Feb 2012 02:54 AM PST Plenty of coverage of Oracle's announcement (see press release below) that they have integrated the R programming language into their newest Analytics Tool.read more... Visit MoneyScience for the Complete Article.    |
| Published / Preprint: Market risks in asset management companies Posted: 10 Feb 2012 02:35 AM PST Quantitative Finance, Volume 0, Issue 0, Page 1-10, Ahead of Print. Visit MoneyScience for the Complete Article.    |
| Posted: 10 Feb 2012 02:29 AM PST McKay Brothers, LLC Selects Aviat Networks' Eclipse Microwave for High-Frequency Trading Network Due to Speed and Performanceread more... Visit MoneyScience for the Complete Article.    |
| Research Library: Evolvement of Uniformity and Volatility in the Stressed Global Financial Village Posted: 10 Feb 2012 02:16 AM PST Dror Y. Kenett, Matthias Raddant, Thomas Lux, Eshel Ben-Jacob Abstract Background In the current era of strong worldwide market couplings the global financial village became highly prone to systemic collapses, events that can rapidly sweep throughout the entire village. Methodology/Principal Findings We present a new methodology to assess and quantify inter-market relations. The approach is... Visit MoneyScience for the Complete Article.    |
| Blog Post: TalesfromaTradingDesk: FIX Adapted for STreaming Posted: 10 Feb 2012 02:11 AM PST I see FIX and Fast are both promised by the new Eurex architecture that is arriving soon.read more... Visit MoneyScience for the Complete Article.    |
| Early Detection of Collapse Waves in the Global Financial Markets - A New Methodology Posted: 10 Feb 2012 02:11 AM PST Some fascinating new research out of Tel Aviv University, in collaboration with the Kiel Institute of World Economy, has been published in PLoS ONE.read more... Visit MoneyScience for the Complete Article.    |
| Posted: 10 Feb 2012 02:10 AM PST moneyscience: Weird art-valuation justifications of the day, Sarah Thornton edition @FelixSalmon http://t.co/LWrxKq9W #tcm Visit MoneyScience for the Complete Article.    |
| Posted: 10 Feb 2012 02:10 AM PST moneyscience: New insider-trading prosecutions serve as a warning to those too young to recall crackdowns during the Reagan Era http://t.co/P74NdRWA #tcm Visit MoneyScience for the Complete Article.    |
| Posted: 10 Feb 2012 01:41 AM PST moneyscience: Barclays announces it is capping cash bonuses at £65,000 and reports a 3% fall in profits to £5.9bn http://t.co/dtGWp1iW #tcm Visit MoneyScience for the Complete Article.    |
| Blog Post: FINalternatives: Astenbeck Loses 3.8%, First Loss For Manager In 14 Years Posted: 10 Feb 2012 12:00 AM PST One of the longest streaks of positive performance on Wall Street came to an end last year, with Astenbeck Capital Management's first-ever annual loss.read more... Visit MoneyScience for the Complete Article.    |
| Posted: 09 Feb 2012 11:46 PM PST BusinessSchools: The Financial Education Daily is out! http://t.co/TYlzia3F â–¸ Top stories today via @robinsoncollege @cornell_univ @ucberkeleynews Visit MoneyScience for the Complete Article.    |
| Blog Post: TheFinancialServicesClub: Things worth reading: 10th February 2012 Posted: 09 Feb 2012 11:37 PM PST Things we're reading today include ...read more... Visit MoneyScience for the Complete Article.    |
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| Cass News: Proactivity vs. loyalty http://t.co/TY9Neo1X Posted: 09 Feb 2012 09:54 PM PST BusinessSchools: Cass News: Proactivity vs. loyalty http://t.co/TY9Neo1X Visit MoneyScience for the Complete Article.    |
| Blog Post: frontrunthedelta: Lloyd's of London: The Original Put Writers Posted: 09 Feb 2012 07:57 PM PST Several years ago I picked up a 1973 copy of Antony Brown's Lloyd's of London. The following is an excerpt from pages 51-52. I take no credit. The Titanic. 'Presently we moved on from the subject of the syndicate, and I asked him [H.G. Chester] about the San Francisco earthquake, which was one of Lloyd's greatest catastrophes in this century. He hadn't lost much by it himself,... Visit MoneyScience for the Complete Article.    |
| Blog Post: AllAboutAlpha: Crumbled Portfolios Look to Rebuild with Infrastructure Investments Posted: 09 Feb 2012 05:45 PM PST Infrastructure is a perpetual investment, whether it's rebuilding old, existing underpinnings in developed markets or building the foundations that turn an emerging nation into a developing one. Preqin looks at this lesser known investment that underpins many alternative portfolios. Visit MoneyScience for the Complete Article.    |
| Posted: 09 Feb 2012 05:30 PM PST Observation of the workings of productive organizations shows that the characteristics of a trade, backed by nature given to a technological environment, determine the productive combination implemented by the decision maker, and the structure of the operating cycle which is related. The choice of the production function and the choice of the ring structure strain the operating conditions under... Visit MoneyScience for the Complete Article.    |
| Posted: 09 Feb 2012 05:30 PM PST In this paper, we take up the analysis of a principal/agent model with moral hazard introduced in \cite{pages}, with optimal contracting between competitive investors and an impatient bank monitoring a pool of long-term loans subject to Markovian contagion. We provide here a comprehensive mathematical formulation of the model and show using martingale arguments in the spirit of... Visit MoneyScience for the Complete Article.    |
| Posted: 09 Feb 2012 05:30 PM PST A quantum financial approach to finite games of strategy is addressed, with an extension of Nash's theorem to the quantum financial setting, allowing for an entanglement of games of strategy with two-period financial allocation problems that are expressed in terms of: the consumption plans' optimization problem in pure exchange economies and the finite-state securities market optimization... Visit MoneyScience for the Complete Article.    |
| Posted: 09 Feb 2012 05:30 PM PST Gaussian copulas are widely used in the industry to correlate two random variables when there is no prior knowledge about the co-dependence between them. The perturbed Gaussian copula approach allows introducing the skew information of both random variables into the co-dependence structure. The analytical expression of this copula is derived through an asymptotic expansion under the assumption of... Visit MoneyScience for the Complete Article.    |
| Blog Post: MoneyManagersLive: Volatility Unleashed (Continued) Posted: 09 Feb 2012 04:23 PM PST Going Forward Europe is still a major issue. It seems that the markets have mellowed somewhat though. Recently, European news that would have sent the market down 1000 points only sent the market down 150 points instead. The Europeans have made a lot of progress, but there are still a lot of unknowns. Until those unknowns begin to get resolved, it will be difficult for stocks to progress. If you... Visit MoneyScience for the Complete Article.    |
| Blog Post: FinanceClippings: College Endowment returns are not too good. Posted: 09 Feb 2012 03:43 PM PST Ron Elmer over at Investor Cookbooks has an interesting post on how well College endowment funds and public pension funds have performed relative to a passive fund comprising fixed income and stocks. The bottom line is that you could beat the return of the average endowment with a simple blend of Vanguard index funds. Now while it is always possible to look back and say "you should have... Visit MoneyScience for the Complete Article.    |
| Blog Post: TheReformedBroker: Media: How Would Jesse Livermore Trade Apple? Posted: 09 Feb 2012 01:28 PM PST Video. Visit MoneyScience for the Complete Article.    |
| Posted: 09 Feb 2012 11:56 AM PST moneyscience: RT @QFINANCEnews: A week in the world of business and finance (February 03â€"09, 2012) http://t.co/ig2oeiiE Visit MoneyScience for the Complete Article.    |
| Blog Post: QFINANCE: A week in the world of business and finance (February 03'09, 2012) Posted: 09 Feb 2012 10:13 AM PST    |
| Posted: 09 Feb 2012 08:51 AM PST BusinessSchools: "A rumor in real-time": The logic of a Thomson Reuters takeover of the Financial Times - http://t.co/m3dnrJ9P Visit MoneyScience for the Complete Article.    |
| Blog Post: substructural: Functional Languages and Call-By-Value, Part 1 Posted: 09 Feb 2012 08:50 AM PST A whole lot of work goes into avoiding unnecessary copies in C++. Much of this responsibility lies in the programmer with manual optimizations such as passing large objects by pointer or by reference rather than by value. This concern is pervasive in the language, from the choice of increment/decrement operators to the implementation of constructors. Many compiler optimizations are also target... Visit MoneyScience for the Complete Article.    |
| Posted: 09 Feb 2012 08:31 AM PST Loose lips and all that. Michael Wolff has a curious piece over at the Guardian. This is after Forbes interesting analysis of the Thomson Reuters - Bloomberg axis, discussing the impact of slowing data-sales which featured the timeless quote: “Our direct competitors are two guys in a basement somewhere are already developing tools to be the next generation newsroom. If we’re not... Visit MoneyScience for the Complete Article.    |
| "A rumor in real-time": The logic of a Thomson Reuters takeover of the Financial Times Posted: 09 Feb 2012 08:15 AM PST Loose lips and all that. Michael Wolff has a curious piece over at the Guardian. This is after Forbes interesting analysis of the Thomson Reuters - Bloomberg axis, discussing the impact of slowing data-sales which featured the timeless quote: “Our direct competitors are two guys in a basement somewhere are already developing tools to be the next generation newsroom. If we’re not... Visit MoneyScience for the Complete Article.    |
| The Credit Suisse Global Investment Returns Yearbook 2012 Posted: 09 Feb 2012 08:02 AM PST Via the always excellent Abnormal Returns, comes this fascinating piece of in-depth research from Credit Suisse (pdf).read more... Visit MoneyScience for the Complete Article.    |
| Posted: 09 Feb 2012 07:15 AM PST New research identifies four types of employee engagement and their drivers Visit MoneyScience for the Complete Article.    |
| Research Library: High-Frequency Trading - Study commissioned by Deutsche Borse Group (pdf) Posted: 09 Feb 2012 06:36 AM PST By Peter Gomber, Björn Arndt, Marco Lutat, Tim Uhle Executive Summary High-frequency trading (HFT) has recently drawn massive public attention fuelled by the U.S. May 6, 2010 flash crash and the tremendous increases in trading volumes of HFT strategies. Indisputably, HFT is an important factor in markets that are driven by sophisticated technology on all layers of the trading value chain.... Visit MoneyScience for the Complete Article.    |
| Research Library: Competition for Traders and Risk Posted: 09 Feb 2012 05:38 AM PST Michiel J. Bijlsma CPB Netherlands Bureau of Economic Policy Analysis; Tilburg Law and Economics Center (TILEC) Jan Boone Tilburg University - Center for Economic Research (CentER); Centre for Economic Policy Research (CEPR); Institute for the Study of Labor (IZA); TILEC Gijsbert Zwart CPB Netherlands Bureau of Economic Policy Analysis; Tilburg Law and Economics Center (TILEC) Abstract The... Visit MoneyScience for the Complete Article.    |
| Blog Post: mathfinance: Kalman Filter Week in Review 090212 Posted: 09 Feb 2012 05:31 AM PST A tractable LIBOR model with default risk:a model for the dynamic evolution of default-free and defaultable interest rates in a LIBOR framework.Optimising a correlated asset calculation on MATLAB:detailed example of applying vectorisation to speed up Matlab codes.Reading About the Financial Crisis: A 21-Book Review: Professor Andrew W. Lo reviews a diverse set of 21 books on the crisis, 11... Visit MoneyScience for the Complete Article.    |
| Posted: 09 Feb 2012 05:03 AM PST fin_tech: Financial Technology News Report is out! http://t.co/Jdseecpa â–¸ Top stories today via @markiteconomics @asymptotix @inside_r @matlab Visit MoneyScience for the Complete Article.    |
| Posted: 09 Feb 2012 04:53 AM PST Background: In the current era of strong worldwide market couplings the global financial village became highly prone to systemic collapses, events that can rapidly sweep throughout the entire village. Methodology/Principal Findings: We present a new methodology to assess and quantify inter-market relations. The approach is based on the correlations between the market index, the index volatility,... Visit MoneyScience for the Complete Article.    |
| Blog Post: relmbo: College Endowment and Public Pension Fund Returns Are Not Good Posted: 09 Feb 2012 04:32 AM PST Most college endowments and public pension funds are plowing more and more money into complicated and expensive "alternative investments" such as hedge funds and private equity in a failed effort to boost returns.  However, my analysis, combined with a recent study of college endowment fund returns and a study of public pension returns, proves most would  be better off if they... Visit MoneyScience for the Complete Article.    |
| Posted: 09 Feb 2012 02:28 AM PST Applied Financial Economics, Volume 0, Issue 0, Page 1-12, Ahead of Print. Visit MoneyScience for the Complete Article.    |
| Published / Preprint: Measuring the success of fiscal consolidations Posted: 09 Feb 2012 02:28 AM PST Applied Financial Economics, Volume 0, Issue 0, Page 1-9, Ahead of Print. Visit MoneyScience for the Complete Article.    |
| Blog Post: MagicMathsandMoney: The intellectual void at the heart of the Occupy movement Posted: 09 Feb 2012 01:03 AM PST The Bayesian algorithm at Amazon recommended David Graeber’s book, Debt:The First 5,000 Years with the product description Economic history states that money replaced a bartering system, yet there isn’t any evidence to support this axiom. Anthropologist Graeber presents a stunning reversal of this conventional wisdom. For more than 5,000 years humans have used elaborate... Visit MoneyScience for the Complete Article.    |
| Blog Post: PsyFiBlog: Backfiring Investment Theories Posted: 09 Feb 2012 12:09 AM PST Holy Theory We’ve met the nasty nature of confirmation bias on several occasions. This is the twisted trait that sees us in thrall to the views of others around us, and helps us encourage them to maintain those views, regardless of anything resembling reality. But this is only the half of it. No, we also have to cope with the impact of information that blows huge great holes in our world... Visit MoneyScience for the Complete Article.    |
| Posted: 08 Feb 2012 11:33 PM PST BusinessSchools: The Financial Education Daily is out! http://t.co/TYlzia3F â–¸ Top stories today via @towsonu @columbia_biz @libertyu Visit MoneyScience for the Complete Article.    |
| Cass News: Fragile west, resilient east http://t.co/ElTEvjTX Posted: 08 Feb 2012 09:52 PM PST BusinessSchools: Cass News: Fragile west, resilient east http://t.co/ElTEvjTX Visit MoneyScience for the Complete Article.    |
| Posted: 08 Feb 2012 05:59 PM PST Celent Senior Analyst Bill Fearnley, Jr.read more... Visit MoneyScience for the Complete Article.    |
| Published / Preprint: Identifying States of a Financial Market. (arXiv:1202.1623v1 [q-fin.ST]) Posted: 08 Feb 2012 05:31 PM PST The understanding of complex systems has become a central issue because complex systems exist in a wide range of scientific disciplines. Time series are typical experimental results we have about complex systems. In the analysis of such time series, stationary situations have been extensively studied and correlations have been found to be a very powerful tool. Yet most natural processes are... Visit MoneyScience for the Complete Article.    |
| Posted: 08 Feb 2012 05:31 PM PST Portfolio turnpikes state that, as the investment horizon increases, optimal portfolios for generic utilities converge to those of isoelastic utilities. This paper proves three kinds of turnpikes. In a general semimartingale setting, the abstract turnpike states that optimal final payoffs and portfolios converge under their myopic probabilities. In diffusion models with several assets and a... Visit MoneyScience for the Complete Article.    |
| Vendor News: ITG Named Best Equities Trading Platform Posted: 08 Feb 2012 01:21 PM PST NEW YORK, Feb. 8, 2012 /PRNewswire/ -- ITG (NYSE: ITG), a leading agency research broker and financial technology firm, today announced that it was named Best Equities Trading Platform â€" Brokerage at the 2012 Wall Street Letter Institutional Trading Awards. ITG was chosen by a panel of independent judges based on its track record of innovation and client satisfaction. "Over the past 25... Visit MoneyScience for the Complete Article.    |
| The Google Search Feature at MoneyScience works really rather well - http://t.co/7pk98Y9v Posted: 08 Feb 2012 12:23 PM PST BusinessSchools: The Google Search Feature at MoneyScience works really rather well - http://t.co/7pk98Y9v Visit MoneyScience for the Complete Article.    |
| Blog Post: iMFdirect: Saudi Arabia: a Key Regional and Global Player Posted: 08 Feb 2012 11:50 AM PST By Christine Lagarderead more... Visit MoneyScience for the Complete Article.    |
| Blog Post: EconometricsBeat: More on the Equivalence of GLS & Other Estimators Posted: 08 Feb 2012 09:29 AM PST In a very recent article, titled "Conditions for the Equality of the OLS, GLS and Amemiya-Cragg Estimators" (currently "in press" at Economics Letters), Cuicui Lu and Peter Schmidt present various conditions under which various regression estimators will be numerically equivalent. Their results are a nice generalization of the Rao-Kruskal-Zyskind conditions that I discussed... Visit MoneyScience for the Complete Article.    |
| Blog Post: TimingLogic: Financial Market And Economic Update: The Magical Levitation Posted: 08 Feb 2012 08:30 AM PST Let's step back and take a more detailed look at underlying factors in financial markets. By doing so, I am going to pull together many posts over the years into a cohesive message that gives more insight into what is actually going on in the economy and financial markets today. I hope many might appreciate this post. We can start by taking a look at the SPY or the S&P 500 ETF... Visit MoneyScience for the Complete Article.    |
| Nasdaq Data Center Introduces Computing Cabinets with Chimneys Posted: 08 Feb 2012 06:53 AM PST This article from Securities Technology Monitor came via Joe Saluzzi over at Themis Trading:read more... Visit MoneyScience for the Complete Article.    |
| Posted: 08 Feb 2012 05:01 AM PST fin_tech: Financial Technology News Report is out! http://t.co/Jdseecpa â–¸ Top stories today via @niemanncapital @advancedtrading @techandtrading Visit MoneyScience for the Complete Article.    |
| Published / Preprint: Inferring fundamental value and crash nonlinearity from bubble calibration Posted: 08 Feb 2012 03:09 AM PST Quantitative Finance, Volume 0, Issue 0, Page 1-10, Ahead of Print. Visit MoneyScience for the Complete Article.    |
| Blog Post: CLANSMAN2: SAS linx as REFERENCES asymptotix Posted: 08 Feb 2012 01:14 AM PST read more... Visit MoneyScience for the Complete Article.    |
| Research Library: Financial black swans driven by ultrafast machine ecology Posted: 08 Feb 2012 12:46 AM PST Neil Johnson, Guannan Zhao, Eric Hunsader, Jing Meng, Amith Ravindar, Spencer Carran, Brian Tivnan Abstract Society's drive toward ever faster socio-technical systems, means that there is an urgent need to understand the threat from 'black swan' extreme events that might emerge. On 6 May 2010, it took just five minutes for a spontaneous mix of human and machine interactions in the global... Visit MoneyScience for the Complete Article.    |
| Posted: 07 Feb 2012 11:29 PM PST BusinessSchools: The Financial Education Daily is out! http://t.co/TYlzia3F â–¸ Top stories today via @kelloggschool @escpeurope @wharton @elliottschoolgw Visit MoneyScience for the Complete Article.    |
| Blog Post: Falkenblog: A Market Timing Rule that Works Posted: 07 Feb 2012 05:55 PM PST One of the most interesting things about finance is that while the past seems predictable, in practice it is very difficult to outperform passive indices using simple rules. Ivo Welch and Amit Goyal showed that a bunch of signals, such as the dividend-earnings ratio, may work with hindsight, but in real-time do not generate attractive results. The best intuition for this bias is that if we take... Visit MoneyScience for the Complete Article.    |
| Posted: 07 Feb 2012 05:30 PM PST We study the short-time asymptotics of conditional expectations of smooth and non-smooth functions of a (discontinuous) Ito semimartingale; we compute the leading term in the asymptotics in terms of the local characteristics of the semimartingale. We derive in particular the asymptotic behavior of call options with short maturity in a semimartingale model: whereas the behavior... Visit MoneyScience for the Complete Article.    |
| Posted: 07 Feb 2012 05:30 PM PST We present a model of predatory traders interacting with each other in the presence of a central reserve (which dissipates their wealth through say, taxation), as well as inflation. This model is examined on a network for the purposes of correlating complexity of interactions with systemic risk. We suggest the use of selective networking to enhance the survival rates of arbitrarily chosen... Visit MoneyScience for the Complete Article.    |
| Posted: 07 Feb 2012 05:30 PM PST Society's drive toward ever faster socio-technical systems, means that there is an urgent need to understand the threat from 'black swan' extreme events that might emerge. On 6 May 2010, it took just five minutes for a spontaneous mix of human and machine interactions in the global trading cyberspace to generate an unprecedented system-wide Flash Crash. However, little is known about what lies... Visit MoneyScience for the Complete Article.    |
| Posted: 07 Feb 2012 05:30 PM PST This article studies quadratic semimartingale BSDEs arising in power utility maximization when the market price of risk is of BMO type. In a Brownian setting we provide a necessary and sufficient condition for the existence of a solution but show that uniqueness fails to hold in the sense that there exists a continuum of distinct square-integrable solutions. This feature occurs since, contrary to... Visit MoneyScience for the Complete Article.    |
| Posted: 07 Feb 2012 12:56 PM PST Today INET presents you an interview with Sylvia Nasar, who discusses her book, Grand Pursuit: The Story of Economic Genius, with INET Executive Director Rob Johnson. Nasar discusses the work of economists leading up to the early 20th century. She suggests that Charles Dickens’ A Christmas Carol was a work of economics that influenced later economists such as Alfred Marshall. Nasar also... Visit MoneyScience for the Complete Article.    |
| Research Library: Dead and alive: Beliefs in contradictory conspiracy theories Posted: 07 Feb 2012 06:33 AM PST Michael J. Wood, Karen M. Douglas, Robbie M. Sutton University of Kent, Canterbury, United Kingdom Abstract Conspiracy theories can form a monological belief system: a self-sustaining worldview comprised of a network of mutually supportive beliefs. The present research shows that even endorsement of mutually incompatible conspiracy theories are positively correlated. In Study 1 (n =... Visit MoneyScience for the Complete Article.    |
| Funny: Academia Translation Guide - http://t.co/hIUHQ7zK - Via @Ritholtz - Posted: 07 Feb 2012 06:17 AM PST BusinessSchools: Funny: Academia Translation Guide - http://t.co/hIUHQ7zK - Via @Ritholtz - Visit MoneyScience for the Complete Article.    |
| Posted: 07 Feb 2012 05:51 AM PST Caught between Scylla and Charybdis? Regulating bank leverage when there is rent-seeking and risk-shifting Author(s): Viral V. Acharya, Hamid Mehran, Anjan Thakor CEPR Discussion Paper Number 8822 Paper Details | PDF Download* | Purchase Electronic | Purchase Printed Programme Area(s): Financial Economics (FE) Date of Publication: 01/02/2012 Keyword(s): asset substitution, bailout,... Visit MoneyScience for the Complete Article.    |
| Published / Preprint: Real Effects of Stock Underpricing (CEPR DP8820) Posted: 07 Feb 2012 05:51 AM PST Real Effects of Stock Underpricing Author(s): Harald Hau, Sandy Lai CEPR Discussion Paper Number 8820 Paper Details | PDF Download* | Purchase Electronic | Purchase Printed Programme Area(s): Financial Economics (FE), International Macroeconomics (IM) Date of Publication: 01/02/2012 Keyword(s): employment, fire sales, investment, market inefficiency, mutual funds JEL(s): G11, G14,... Visit MoneyScience for the Complete Article.    |
| Published / Preprint: The Role of Equity Funds in the Financial Crisis Propagation (CEPR DP8819) Posted: 07 Feb 2012 05:51 AM PST The Role of Equity Funds in the Financial Crisis Propagation Author(s): Harald Hau, Sandy Lai CEPR Discussion Paper Number 8819 Paper Details | PDF Download* | Purchase Electronic | Purchase Printed Programme Area(s): Financial Economics (FE), International Macroeconomics (IM) Date of Publication: 01/02/2012 Keyword(s): Financial Crisis Propagation, Fire Sales, Mutual Funds JEL(s):... Visit MoneyScience for the Complete Article.    |
| Published / Preprint: Competition for traders and risk (CEPR DP8816) Posted: 07 Feb 2012 05:51 AM PST Competition for traders and risk Author(s): Michiel Bijlsma, Jan Boone, Gijsbert Zwart CEPR Discussion Paper Number 8816 Paper Details | PDF Download* | Purchase Electronic | Purchase Printed Programme Area(s): Financial Economics (FE), Industrial Organization (IO) Date of Publication: 01/02/2012 Keyword(s): financial institutions, imperfect competition, optimal contracts,... Visit MoneyScience for the Complete Article.    |
| Posted: 07 Feb 2012 05:03 AM PST fin_tech: Financial Technology News Report is out! http://t.co/Jdseecpa â–¸ Top stories today via @claradan @alyssa4ar @progresssw @john_avery Visit MoneyScience for the Complete Article.    |
| Posted: 07 Feb 2012 02:18 AM PST BusinessSchools: The '94 case of Gordon & Breach v. AIP & APS: interesting to those who care about scientific journals http://t.co/UZpAnRq5 #tcm Visit MoneyScience for the Complete Article.    |
| MT @pkedrosky - The Financial 'Brain Drain' Of The U.S. Economy http://t.co/nnw9Efah #tcm Posted: 07 Feb 2012 01:37 AM PST BusinessSchools: MT @pkedrosky - The Financial 'Brain Drain' Of The U.S. Economy http://t.co/nnw9Efah #tcm Visit MoneyScience for the Complete Article.    |
| MiFID II algo proposals âno issueâ â Knight Capital Posted: 07 Feb 2012 12:48 AM PST Via: The Trade Newsread more... Visit MoneyScience for the Complete Article.    |
| Posted: 06 Feb 2012 11:54 PM PST BusinessSchools: The Financial Education Daily is out! http://t.co/TYlzia3F â–¸ Top stories today via @libertyu @bob_bruner @columbia_biz Visit MoneyScience for the Complete Article.    |
| Posted: 06 Feb 2012 12:44 PM PST Philip Maymin NYU Poly - Department of Finance and Risk Engineering Tai Wei Lim National University of Singapore (NUS) Abstract Drawing from a broad range of sources, we define and discuss the two primary ways of contemplating issues related to environmental economics, namely interventionism and libertarianism. We then interpret a cellular automaton as a model that allows for either approach,... Visit MoneyScience for the Complete Article.    |
| Research Library: Can High-Frequency Traders Game Futures? Posted: 06 Feb 2012 07:51 AM PST Irene Aldridge Twitter: @ialrdridge Abstract This article describes a simple test to assess the feasibility of high-frequency “pump-and-dump” arbitrage. Using the tick data for Eurex Eurobund futures for 2009-2010 period, the article shows practical implementation of the test. The Eurobund futures data does not support feasibility of highfrequency pump-and-dump. The data instead... Visit MoneyScience for the Complete Article.    |
| Posted: 06 Feb 2012 07:30 AM PST BusinessSchools: MoneyScience Training: An Introduction to QuantLib Development with Luigi Ballabio - London, 21-23 May http://t.co/irIACtRP #quant #tcm Visit MoneyScience for the Complete Article.    |
| Posted: 06 Feb 2012 07:15 AM PST fin_tech: MoneyScience Training: An Introduction to QuantLib Development with Luigi Ballabio - London, 21-23 May http://t.co/4EhoDT89 #quant #tcm Visit MoneyScience for the Complete Article.    |
| Posted: 06 Feb 2012 06:31 AM PST Date: 21-23, May 2012 Location: The Institute of Physics, London, UK Cost: £2500 exc. VATread more... Visit MoneyScience for the Complete Article.    |
| Royal Bank of Scotland Chief Executive, Stephen Hester to speak at MBS Posted: 06 Feb 2012 06:30 AM PST    |
| Financial Markets, Systemic Risk and Fossil Fuel Investment: A response from the Bank of England Posted: 06 Feb 2012 05:21 AM PST Last month an Open Letter to the Bank of England (see below) called for an investigation into "how the UK’s exposure to high carbon investments might pose a systemic risk to our financial system and what the options might be for managing this potential threat to our economic security."read more... Visit MoneyScience for the Complete Article.    |
| Posted: 06 Feb 2012 05:02 AM PST fin_tech: Financial Technology News Report is out! http://t.co/Jdseecpa â–¸ Top stories today via @fitzanalytics @fin_tech @stanleyepstein @sitmo_com Visit MoneyScience for the Complete Article.    |
| The internet is awash with people offering to write essays for students http://t.co/hBLeHrvF Posted: 06 Feb 2012 03:08 AM PST BusinessSchools: The internet is awash with people offering to write essays for students http://t.co/hBLeHrvF Visit MoneyScience for the Complete Article.    |
| Posted: 06 Feb 2012 02:42 AM PST fin_tech: MIT Computer Scientist offers $100k award for proof that scalable quantum computing impossible in physical world http://t.co/UmHRWdXt #tcm Visit MoneyScience for the Complete Article.    |
| Posted: 06 Feb 2012 12:53 AM PST BusinessSchools: The Financial Education Daily is out! http://t.co/TYlzia3F â–¸ Top stories today via @saloner @escpeurope @oriolllop @vlerick @iesebs Visit MoneyScience for the Complete Article.    |
| Research Library: Wages and Human Capital in the U.S. Financial Industry: 1909-2006 (pdf) Posted: 05 Feb 2012 08:24 AM PST Thomas Philippon and Ariell Reshef NBER Working Paper No. 14644 January 2009 Abstact We use detailed information about wages, education and occupations to shed light on the evolution of the U.S. financial sector over the past century. We uncover a set of new, interrelated stylized facts: financial jobs were relatively skill intensive, complex, and highly paid until the 1930s and after the... Visit MoneyScience for the Complete Article.    |
| Posted: 05 Feb 2012 04:58 AM PST fin_tech: Financial Technology News Report is out! http://t.co/Jdseecpa â–¸ Top stories today via @techandtrading @niemanncapital Visit MoneyScience for the Complete Article.    |
| Research Library: War Games: Simulating Collins’ Theory of Battle Victory Posted: 05 Feb 2012 04:19 AM PST Jesse B Fletcher, Jacob Apkarian, Anthony Roberts, Kirk Lawrence, Christopher Chase-Dunn, Robert A Hanneman University of California-Riverside Abstract Collins’ recent theory on battle dynamics is converted into a system of interconnected equations and simulated. Between evenly matched armies, initial advantages are shown to be difficult to overcome due to the numerous reinforcing... Visit MoneyScience for the Complete Article.    |
| Research Library: Very Happy People (2002, pdf) Posted: 05 Feb 2012 03:53 AM PST "Being very happy does not seem to be a malfunction..." Ed Diener and Martin E.P. Seligman Abstract A sample of 222 undergraduates was screened for high happiness using multiple confirming assessment filters. We compared the upper 10% of consistently very happy people with average and very unhappy people. The very happy people were highly social, and had stronger romantic and other... Visit MoneyScience for the Complete Article.    |
| Posted: 05 Feb 2012 03:37 AM PST BusinessSchools: In case you missed it on Friday, here's the Week in MoneyScience - Digest 03/02/12 - http://t.co/4Wg0cLat Visit MoneyScience for the Complete Article.    |
| Posted: 04 Feb 2012 11:24 PM PST BusinessSchools: The Financial Education Daily is out! http://t.co/TYlzia3F â–¸ Top stories today via @bob_bruner @smithschool @tuckschool @columbia_biz Visit MoneyScience for the Complete Article.    |
| Posted: 04 Feb 2012 03:48 PM PST Executing on its commitment to help the world run better and improve people’s lives, SAP AG (NYSE: SAP) today announced its preliminary sustainability performance results for 2011. As a leading provider of sustainability solutions, SAP also strives to implement sustainable business practices across its own global operations.read more... Visit MoneyScience for the Complete Article.    |
| Vendor News: Rogue Wave Delivers TotalView for IBM Blue Gene/Q to LLNL Posted: 04 Feb 2012 03:33 PM PST Boulder, CO, February 1, 2012 – Rogue Wave Software and Lawrence Livermore National Laboratory (LLNL) today announced that Rogue Wave has delivered a pre-release version of TotalView, optimized for the IBM Blue Gene/Q-based Sequoia supercomputer. This is a significant milestone in the multi-year collaboration between LLNL, Rogue Wave, and IBM.read more... Visit MoneyScience for the Complete Article.    |
| Vendor News: StatPro Revolution Named "Best Buy-Side Newcomer" at 2011 Buy Side Technology Awards Posted: 04 Feb 2012 02:55 PM PST London, UK (7 November, 2011) plc (AIM: SOG), a global leader in portfolio analytics and valuation data solutions since 1994, was awarded the Best Buy-Side Newcomer StatPro Revolution at the 2011 Buy Side Technology Awards. The annual awards honor the achievements of firms that service asset and hedge fund managers and are adjudicated by an expert panel from the buy side industry, including... Visit MoneyScience for the Complete Article.    |
| Posted: 04 Feb 2012 01:31 PM PST New York – January 31, 2012 – Numerix (www.numerix.com), the leading provider of cross-asset analytics for derivatives valuations and risk management, along with Orchestrade Financial Systems (www.orchestrade.com), providers of middle office operations and risk management solutions to alternative investment management firms, today announced their partnership to offer integrated access... Visit MoneyScience for the Complete Article.    |
| Posted: 04 Feb 2012 08:19 AM PST BusinessSchools: Watching, 'My Child the Rioter' on iPlayer. Recommended. Great work @ollylambert http://t.co/NZiNl1cP #MyChildTheRioter Visit MoneyScience for the Complete Article.    |
| Posted: 04 Feb 2012 04:52 AM PST fin_tech: Financial Technology News Report is out! http://t.co/Jdseecpa â–¸ Top stories today via @fitzanalytics @automatedtrader @mfdvbrokers Visit MoneyScience for the Complete Article.    |
| Posted: 04 Feb 2012 01:42 AM PST New York, January 19, 2012 – Fidessa group plc (LSE: FDSA), provider of high-performance trading, investment management and information solutions for the world’s financial community, has today announced the launch of Fidessa Intelligence. Under this initiative, Fidessa will make available a comprehensive suite of analysis tools that will enable its community of buy-side and... Visit MoneyScience for the Complete Article.    |
| Posted: 03 Feb 2012 11:24 PM PST BusinessSchools: The Financial Education Daily is out! http://t.co/TYlzia3F â–¸ Top stories today via @imperialcollege @inseadbayarea Visit MoneyScience for the Complete Article.    |
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