Friday, March 2, 2012

MoneyScience News

MoneyScience News


MoneyScience Daily is out! http://t.co/yz3zw0GO : Top stories today via @tandf_economics @businessschools

Posted: 02 Mar 2012 04:38 AM PST

moneyscience: MoneyScience Daily is out! http://t.co/yz3zw0GO â–¸ Top stories today via @tandf_economics @businessschools

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Blog Post: FINalternatives: Pictet UCITS Credit Fund Jumps To '¬330 Million

Posted: 02 Mar 2012 04:16 AM PST

Investors are flocking to Pictet Asset Management's UCITS III-compliant credit hedge fund, thanks to an unexpectedly "warm response" from the institutional community.read more...

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Blog Post: QFINANCE: Greek deal: Nice, but what about the trade deficit?

Posted: 02 Mar 2012 03:56 AM PST

#Finance, #Science, #Technology, #Education. It must be the Week in MoneyScience (Digest 02/03/12) http://t.co/gmThInnF #quant

Posted: 02 Mar 2012 03:26 AM PST

BusinessSchools: #Finance, #Science, #Technology, #Education. It must be the Week in MoneyScience (Digest 02/03/12) http://t.co/gmThInnF #quant

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The Week in MoneyScience - Digest 02/03/12

Posted: 02 Mar 2012 02:47 AM PST

Welcome to the MoneyScience Weekly Digest! To get a copy in your email box every Friday, you can SIGN UP HERE, or to see previous editions go HERE.read more...

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Published / Preprint: Determinants of profit efficiency: evidence from Korean savings banks

Posted: 02 Mar 2012 02:41 AM PST

Applied Financial Economics, Volume 22, Issue 12, Page 1003-1016, June 2012.

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Published / Preprint: Volatility transmission of swap spreads among the US, Japan and the UK: a cross-correlation function approach

Posted: 02 Mar 2012 02:41 AM PST

Applied Financial Economics, Volume 22, Issue 11, Page 849-862, June 2012.

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Published / Preprint: On the quality of Taylor approximations to expected utility

Posted: 02 Mar 2012 02:40 AM PST

Applied Financial Economics, Volume 22, Issue 11, Page 863-876, June 2012.

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Published / Preprint: Noise trader risk: the case of Jewish Colonial Trust and Bank Leumi Stocks

Posted: 02 Mar 2012 02:40 AM PST

Applied Financial Economics, Volume 22, Issue 11, Page 911-922, June 2012.

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Blog Post: HighFrequencyTradingReview: Can High-Frequency Traders Game Futures? [Aldridge]

Posted: 02 Mar 2012 02:29 AM PST

Abstract:read more...

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Rutgers Business School wins CFA Institute Research Challenge second year in a row - http://t.co/tXXCzOmM @RutgersBSchool @CFAInstitute

Posted: 02 Mar 2012 02:11 AM PST

BusinessSchools: Rutgers Business School wins CFA Institute Research Challenge second year in a row - http://t.co/tXXCzOmM @RutgersBSchool @CFAInstitute

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Blog Post: TheFinancialServicesClub: Do you want to sort out the barriers to Clearing & Settlement?

Posted: 02 Mar 2012 02:11 AM PST

This week saw the inaugural meeting of the Clearing & Settlement Working Group (CAS-WG), which was well attended by over 100 industry figures from all parts of the investment markets and hosted at BT’s City Head Office in St Paul’s (BT are the first sponsor of the CAS-WG).read more...

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MT @TandF_Economics: Option Prices as Probabilities: A New Look at Generalized Black'Scholes Formuae - http://t.co/6nlMWgYg #quant #tcm

Posted: 02 Mar 2012 01:59 AM PST

moneyscience: MT @TandF_Economics: Option Prices as Probabilities: A New Look at Generalized Blackâ€"Scholes Formuae - http://t.co/6nlMWgYg #quant #tcm

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RT @TandF_Economics Don't forget about FREE ACCESS to the most downloaded articles from selected #Economics and ... http://t.co/2Uox3OkD

Posted: 02 Mar 2012 01:59 AM PST

moneyscience: RT @TandF_Economics Don't forget about FREE ACCESS to the most downloaded articles from selected #Economics and ... http://t.co/2Uox3OkD

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Blog Post: TheAlephBlog: Difficult Decision

Posted: 02 Mar 2012 01:43 AM PST

We would all like our practical decisions to go easily, and bear quick positive results.  That’s not reality.  As for me, I needed to decide whether I would:read more...

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Profile: Finance Professor Yiorgos Allayannis at Darden School of Business http://t.co/LMmZGjIv - @DardenMBA

Posted: 02 Mar 2012 01:16 AM PST

BusinessSchools: Profile: Finance Professor Yiorgos Allayannis at Darden School of Business http://t.co/LMmZGjIv - @DardenMBA

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Seeking Views: The 'Tyranny' of US Peer-Reviewed Journals in Economics and Business - http://t.co/bRUUgzCf @andrewtghill

Posted: 02 Mar 2012 01:16 AM PST

BusinessSchools: Seeking Views: The 'Tyranny' of US Peer-Reviewed Journals in Economics and Business - http://t.co/bRUUgzCf @andrewtghill

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Singapore's Vinod Gupta SoM wins 2011 Innovative Leadership Award - http://t.co/BDm3C9TP @VGSOM_IIT_Kgp

Posted: 02 Mar 2012 01:16 AM PST

BusinessSchools: Singapore's Vinod Gupta SoM wins 2011 Innovative Leadership Award - http://t.co/BDm3C9TP @VGSOM_IIT_Kgp

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Studying an EMBA abroad may appear seductive, but UK-based courses are not that different http://t.co/3ZOt3Fxb @lsenews

Posted: 02 Mar 2012 01:16 AM PST

BusinessSchools: Studying an EMBA abroad may appear seductive, but UK-based courses are not that different http://t.co/3ZOt3Fxb @lsenews

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The number of women taking the GMAT hit a record in 2011 but the post #MBA paygap persists - http://t.co/AWa5QJKb

Posted: 02 Mar 2012 01:16 AM PST

BusinessSchools: The number of women taking the GMAT hit a record in 2011 but the post #MBA paygap persists - http://t.co/AWa5QJKb

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Sauder School of Business unveils a $70 million revamp http://t.co/O4oPvZEg @UBCSauderSchool

Posted: 02 Mar 2012 01:16 AM PST

BusinessSchools: Sauder School of Business unveils a $70 million revamp http://t.co/O4oPvZEg @UBCSauderSchool

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HEC School of Management and the 'voracious' #MBA recruiter http://t.co/ICsQV1Xd @HECParis

Posted: 02 Mar 2012 01:16 AM PST

BusinessSchools: HEC School of Management and the 'voracious' #MBA recruiter http://t.co/ICsQV1Xd @HECParis

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The 'Tyranny' of US Peer-Reviewed Journals in Economics and Business

Posted: 02 Mar 2012 12:56 AM PST

Interesting stuff from Andrew Hill over at the FT Business Blog, something that never really occurred to me before.read more...

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A petition campaigns for the Cambridge Union to withdraw an invitation to Dominique Strauss-Kahn http://t.co/wgX2WZGF

Posted: 02 Mar 2012 12:33 AM PST

BusinessSchools: A petition campaigns for the Cambridge Union to withdraw an invitation to Dominique Strauss-Kahn http://t.co/wgX2WZGF

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Blog Post: RobertPestonBlog: Rock: which is the bad bank

Posted: 02 Mar 2012 12:24 AM PST

There was big controversy in November when the government sold the so-called good bits of Northern Rock to Virgin at a loss which could be greater than £500m.read more...

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UBS launches a new algorithm to handle stocks characterised by low liquidity or unpredictable volume http://t.co/fzaZCTlt #hft #tcm

Posted: 02 Mar 2012 12:10 AM PST

fin_tech: UBS launches a new algorithm to handle stocks characterised by low liquidity or unpredictable volume http://t.co/fzaZCTlt #hft #tcm

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

Posted: 01 Mar 2012 11:33 PM PST

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

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The Wild West of Big Data: Strata, open source, and the invisible communityhttp://bit.ly/xtJTDQ #bigdata #tcm

Posted: 01 Mar 2012 10:59 PM PST

fin_tech: The Wild West of Big Data: Strata, open source, and the invisible communityhttp://bit.ly/xtJTDQ #bigdata #tcm

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Liquidity Centers Are Exchanges' New Revenue Centers

Posted: 01 Mar 2012 10:49 PM PST

Wall Street & Technology Reports:read more...

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Vendor News: Tradar and Nedelma introduce Mobile Portfolio Reporting App for iPad

Posted: 01 Mar 2012 10:35 PM PST

Tradar and Nedelma introduce Mobile Portfolio Reporting Applicationread more...

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Quantitative thoughts: I see high frequency data - plotting high frequency data in R - http://t.co/eqwJvoRU #quant #rstats #hft #tcm

Posted: 01 Mar 2012 10:33 PM PST

fin_tech: Quantitative thoughts: I see high frequency data - plotting high frequency data in R - http://t.co/eqwJvoRU #quant #rstats #hft #tcm

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Via @StatTrader "Trading between the pennies": The SEC, Dark Liquidity and High-Frequency Trading - http://t.co/60XWk7A8 #hft #tcm

Posted: 01 Mar 2012 10:33 PM PST

fin_tech: Via @StatTrader "Trading between the pennies": The SEC, Dark Liquidity and High-Frequency Trading - http://t.co/60XWk7A8 #hft #tcm

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Cass News: Cut senior leaders some slack http://t.co/4Mvuiepu

Posted: 01 Mar 2012 10:21 PM PST

BusinessSchools: Cass News: Cut senior leaders some slack http://t.co/4Mvuiepu

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Blog Post: MusingsonMarkets: Apple: Thoughts on bias, value, excess cash and dividends

Posted: 01 Mar 2012 06:23 PM PST

Apple is hitting or is close to hitting two significant landmarks. Its market cap exceeded $ 500 billion yesterday (2/29) and its cash balance is at $ 100 billion. The twin news stories seem to have set investors, analysts and journalists on a feeding frenzy.  I think it is ironic that a company doing as well as Apple is right now, in terms of operations and stock price performance, is...

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Published / Preprint: Discovering East Africa's Industrial Opportunities. (arXiv:1203.0163v1 [q-fin.GN])

Posted: 01 Mar 2012 05:31 PM PST

What are East Africa's industrial opportunities? In this article we explore this question by using the Product Space to study the productive structure of five south-east African countries: Kenya, Mozambique, Rwanda, Tanzania and Zambia. The Product Space is a network connecting products that tend to be exported by the same sets of countries. Since countries are more likely to develop products...

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Published / Preprint: The Network Structure of Economic Output. (arXiv:1101.1707v2 [q-fin.GN] UPDATED)

Posted: 01 Mar 2012 05:31 PM PST

Much of the analysis of economic growth has focused on the study of aggregate output. Here, we deviate from this tradition and look instead at the structure of output embodied in the network connecting countries to the products that they export.We characterize this network using four structural features: the negative relationship between the diversification of a country and the average ubiquity...

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Blog Post: AllAboutAlpha: Alpha Hunter Louis-Vincent Gave on Opportunities in China

Posted: 01 Mar 2012 05:07 PM PST

"We're seeing a cycle where China is now a leader, and experiences the biggest rates of marginal growth in the world. That is already a game-changer which has had a disproportionate impact on emerging markets than developed ones."--Louis-Vincent Gave

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Blog Post: MoneyManagersLive: Gold Falls 5% In A Day!

Posted: 01 Mar 2012 03:00 PM PST

The price of gold fell over $90 today to close just below $1700/ounce. That would be the same as the Dow falling 650 points! Moves like this highlight my view of the risk inherent in owning gold at these prices. The fall was due to comments by Fed Chairman Bernanke before Congress today where he indicated that QE3 will probably not be needed. Initially many thought that the downward move was...

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Blog Post: TheReformedBroker: Reverse the Streams! Equity Fund Flows Go Positive

Posted: 01 Mar 2012 12:58 PM PST

Flows into equity mutual funds have reversed the bleeding from December and January

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ICMA Centre News: Mr Ross F. McGhee http://t.co/m9OSsdAB

Posted: 01 Mar 2012 11:04 AM PST

BusinessSchools: ICMA Centre News: Mr Ross F. McGhee http://t.co/m9OSsdAB

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Blog Post: TimingLogic: Did The Department Of Homeland Security Lie To Congress? Is Big Sister Spying On Reasoned Dissent And Innocent Americans Rather Than Looking For Terrorists?

Posted: 01 Mar 2012 09:57 AM PST

Big Sister, Janet Napolitano, and her cohorts of Big Brothers and Sisters at the opulent DHS compound are apparently living large.  Why wouldn’t they?  Their massive new headquarters are fitting of any all-reaching, all-knowing, all-capable, centralized intelligence center of control that would make George Orwell proud.   Phase 1?  It already looks like Hitler’s...

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Cut senior leaders some slack

Posted: 01 Mar 2012 09:34 AM PST

The repair of organisational trust requires a collective responsibility says new research

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Yahoo! Labs - Key Scientific Challenges: Machine Learning - http://t.co/7srXKt7y #tcm

Posted: 01 Mar 2012 09:21 AM PST

fin_tech: Yahoo! Labs - Key Scientific Challenges: Machine Learning - http://t.co/7srXKt7y #tcm

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Vendor News: SS&C to Acquire Thomson Reuters PORTIA Business

Posted: 01 Mar 2012 08:49 AM PST

Acquisition Strengthens SS&C's Portfolio Management Suiteread more...

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On the path to 1 terabit-per-second networks - http://t.co/BVRrV1yG #tcm

Posted: 01 Mar 2012 07:58 AM PST

fin_tech: On the path to 1 terabit-per-second networks - http://t.co/BVRrV1yG #tcm

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Laurence Kotlikoff, a Prof at Boston U is angling for the presidential nomination of the Americans Elect party - http://t.co/3fVd7VCb #tcm

Posted: 01 Mar 2012 07:41 AM PST

BusinessSchools: Laurence Kotlikoff, a Prof at Boston U is angling for the presidential nomination of the Americans Elect party - http://t.co/3fVd7VCb #tcm

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Blog Post: TalesfromaTradingDesk: 2 and 20 ' Alpha Capture Systems

Posted: 01 Mar 2012 06:36 AM PST

Over the last month there have been a few articles on the 2 and 20 rule – I&PE and HFMWeek. Deutsche Bank’s comments in the I&PE article refer to the “right source of alpha”. So what is alpha? Well, Wikipedia offers:read more...

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Blog Post: substructural: Bid-Ask Spread

Posted: 01 Mar 2012 06:03 AM PST

One reason for preferring highly liquid versus illiquid products is the bid-ask spread. This is a cost built into a trade when the trade is a market order. This spread also happens to be the market maker's profit for providing liquidity, whether it be a traditional specialist or a high-frequency trader taking the other side of your trade. Though I usually trade using limit orders to cut down on...

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Blog Post: NumericalAlgorithmsGroup: Adding functionality to Excel using the NAG Library for .NET

Posted: 01 Mar 2012 05:36 AM PST

Much of our work at NAG is devoted to creating new implementations of our numerical libraries and attempting to make their algorithms available from as many languages and packages as possible, so that our users have access to them from whichever environment they're working in. Thus, users of packages such as MATLAB® (and similar packages such Octave), LabVIEW and Maple, and programmers working...

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