Wednesday, February 22, 2012

MoneyScience News

MoneyScience News


Europe and US warn of possible HFT clampdown

Posted: 22 Feb 2012 05:03 AM PST

Mary-Ann Russon writes at Computerworld UKread more...

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Cormac McCarthy and the Santa Fe Institute - http://t.co/cy2Pq7oF @sfi_news - Via @SimoleonSense

Posted: 22 Feb 2012 04:54 AM PST

BusinessSchools: Cormac McCarthy and the Santa Fe Institute - http://t.co/cy2Pq7oF @sfi_news - Via @SimoleonSense

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Financial Technology News Report is out! http://t.co/Jdseecpa : Top stories today via @fitzanalytics @stanleyepstein @hftreview

Posted: 22 Feb 2012 04:53 AM PST

fin_tech: Financial Technology News Report is out! http://t.co/Jdseecpa â–¸ Top stories today via @fitzanalytics @stanleyepstein @hftreview

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Blog Post: FINalternatives: Dutch PE Fund Targets Cos Run By Male/Female Teams

Posted: 22 Feb 2012 04:48 AM PST

A private equity fund in the Netherlands is betting that companies managed by a “balanced management team” of men and women will perform better.read more...

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Published / Preprint: A parsimonious model for intraday European option pricing

Posted: 22 Feb 2012 04:39 AM PST

A stochastic model for pure-jump diffusion (the compound renewal process) can be used as a zero-order approximation and as a phenomenological description of tick-by-tick price fluctuations. This leads to an exact and explicit gener 645 al formula for the martingale price of a European call option. A complete derivation of this result is presented by means of elementary probabilistic tools.

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Published / Preprint: Global Networks of Trade and Bits

Posted: 22 Feb 2012 04:39 AM PST

Considerable efforts have been made in recent years to produce detailed topologies of the Internet. Although Internet topology data have been brought to the attention of a wide and somewhat di 9e4 verse audience of scholars, so far they have been overlooked by economists. In this paper, we suggest that such data could be effectively treated as a proxy to characterize the size of the "digital...

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Published / Preprint: On the dynamics of social conflicts: looking for the Black Swan

Posted: 22 Feb 2012 04:39 AM PST

This paper deals with the modeling of social competition, possibly resulting in the onset of extreme conflicts. More precisely, we discuss models describing the interplay between individual competition for wealth distribution that, when coupled with political stances coming from support or opposition to a government, may give rise to strongly self-enhanced effects. The latter may be thought of as...

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Early Talk of 'Nuclear Option,â Unlimited Sovereign Bond Purchases by the ECB - http://t.co/yENHTiXf via @historysquared #tcm

Posted: 22 Feb 2012 04:27 AM PST

moneyscience: Early Talk of “Nuclear Option,” Unlimited Sovereign Bond Purchases by the ECB - http://t.co/yENHTiXf via @historysquared #tcm

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Blog Post: TheReformedBroker: Obama Says Election-Related Thing About Corporate Tax Rate He Doesn't Mean

Posted: 22 Feb 2012 04:19 AM PST

Don't hold your breath for this one.

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Blog Post: QFINANCE: China tacks hard to avoid a hard landing

Posted: 22 Feb 2012 03:38 AM PST

Published / Preprint: The Endogenous Price Dynamics of Emission Allowances and an Application to Option Pricing

Posted: 22 Feb 2012 02:36 AM PST

Applied Mathematical Finance, Volume 0, Issue 0, Page 1-29, Ahead of Print.

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Blog Post: HighFrequencyTradingReview: Beyond Latency " Utilizing Ultra Accurate Network Timing in HFT Systems

Posted: 22 Feb 2012 02:10 AM PST

Sponsored by Korusysread more...

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Winners of the International Assoc of Financial Engineers Student Competition from @BerkeleyHaas - http://t.co/7XgPrbvQ @richlyons #tcm

Posted: 22 Feb 2012 01:56 AM PST

BusinessSchools: Winners of the International Assoc of Financial Engineers Student Competition from @BerkeleyHaas - http://t.co/7XgPrbvQ @richlyons #tcm

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Winners of the International Assoc of Financial Engineers Student Competition from @BerkeleyHaas - http://t.co/UbkiJQeW @richlyons #tcm

Posted: 22 Feb 2012 01:30 AM PST

moneyscience: Winners of the International Assoc of Financial Engineers Student Competition from @BerkeleyHaas - http://t.co/UbkiJQeW @richlyons #tcm

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Blog Post: IAFE: IAFE student competition in evaluating and hedging Greek and California sovereign risk won by UC Berkeley

Posted: 22 Feb 2012 12:52 AM PST

read more...

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Blog Post: TheFinancialServicesClub: US authorities start campaign against Bitcoin?

Posted: 22 Feb 2012 12:45 AM PST

Several people pinged me yesterday to highlight the fact that Bitcoin has now become a target of the major payments processors.read more...

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The Financial Education Daily is out! http://t.co/TYlzia3F ⸠Top stories today via @iesebs

Posted: 21 Feb 2012 11:34 PM PST

BusinessSchools: The Financial Education Daily is out! http://t.co/TYlzia3F â–¸ Top stories today via @iesebs

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Piling up ecological deficits is as concerning as piling up financial ones, a new economic and environmental index http://t.co/dee3wwmm #tcm

Posted: 21 Feb 2012 11:22 PM PST

moneyscience: Piling up ecological deficits is as concerning as piling up financial ones, a new economic and environmental index http://t.co/dee3wwmm #tcm

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You can't do the #math without the words - anumeric language; knowledge, perception and reasoning http://t.co/vXsfS5Al #tcm

Posted: 21 Feb 2012 10:53 PM PST

moneyscience: You can't do the #math without the words - anumeric language; knowledge, perception and reasoning http://t.co/vXsfS5Al #tcm

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Rotman study on Herd mentality and Group Buying - http://t.co/ExRozd4i - @rotmanschool

Posted: 21 Feb 2012 10:44 PM PST

BusinessSchools: Rotman study on Herd mentality and Group Buying - http://t.co/ExRozd4i - @rotmanschool

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Ethical lapses in banking and investment - a theory of the self for the sociology of morality

Posted: 21 Feb 2012 10:38 PM PST

WASHINGTON, DC, February 21, 2012 - Why do some people behave morally while others do not? Sociologists at the University of California, Riverside and California State University, Northridge have developed a theory of the moral self that may help explain the ethical lapses in the banking, investment, and mortgage-lending industries that nearly ruined the U.S. economy.read more...

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Study from Rotman School shows why herd mentality best mode for group buying sites

Posted: 21 Feb 2012 10:36 PM PST

Toronto – We might like to think we're not influenced by other people.read more...

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The EC last week said it is doubling its multi-year investment in exascale computing from '¬630m to â¬1.2b http://t.co/DxAptsJ2 #tcm

Posted: 21 Feb 2012 10:25 PM PST

fin_tech: The EC last week said it is doubling its multi-year investment in exascale computing from €630m to €1.2b http://t.co/DxAptsJ2 #tcm

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Blog Post: Falkenblog: Conservatism as Orgasm

Posted: 21 Feb 2012 07:23 PM PST

Alison Gopnik studies babies, and finds them active little theorists, academics with no responsibilities and lots of time for inquiry. She titled a paper Explanation as Orgasm, noting our desire for explanations is like an orgasm, in that it must have some kind of innate reward to get us to do it. Children need to learn about the causal structure of the world, so there must be something hard...

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Blog Post: AllAboutAlpha: Taking A Global Look at Risk and Correlations

Posted: 21 Feb 2012 05:43 PM PST

Comparing the different editions of the Axioma Quarterly Risk Review for 4th Quarter 2011 leaves some fascinating insights. For example, it is becoming more difficult over time, in much of the world, for investors to create significant diversification within the (domestic) equity portion of their portfolio, because the correlations of stock pairs have been increasing.

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Blog Post: FinanceClippings: Beer and IPOs

Posted: 21 Feb 2012 04:01 PM PST

An article on IPOs and Beer.

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Blog Post: TalesfromaTradingDesk: Raptor

Posted: 21 Feb 2012 03:51 PM PST

SunGard is developing Raptor in order to provide “near realtime analytics” required by financial services applications. More details here and here.read more...

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