Wednesday, March 21, 2012

MoneyScience News

MoneyScience News


Blog Post: enhyper: netmap - user space NIC ring buffer

Posted: 21 Mar 2012 04:25 AM PDT

netmap looks promising but it's about to be blown away by the ability to inject packets into L3 cache in the next iteration of Intel chips which have DCA - direct cache access

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Budget 2012

Posted: 21 Mar 2012 04:12 AM PDT

Watch this space for live expert commentary on today’s Budget.

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Blog Post: HighFrequencyTradingReview: IPC extends financial markets network reach with connectivity to Turkey

Posted: 21 Mar 2012 03:28 AM PDT

High performance trader voice and electronic connectivity supports fast growing Turkish trading market  read more...

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Published / Preprint: Realism in quantitative finance: a note

Posted: 21 Mar 2012 02:35 AM PDT

Quantitative Finance, Volume 0, Issue 0, Page 1-2, Ahead of Print.

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Published / Preprint: Optimal Investment Under Transaction Costs: A Threshold Rebalanced Portfolio Approach

Posted: 21 Mar 2012 02:31 AM PDT

We study optimal investment in a financial market having a finite number of assets from a signal processing perspective. We investigate how an investor should distribute capital over these assets and when he should reallocate the distribution of the funds over these assets to maximize the cumulative wealth over any investment period. In particular, we introduce a portfolio selection algorithm...

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Published / Preprint: The Leviathan model: Absolute dominance, generalised distrust and other patterns emerging from combining vanity with opinion propagation

Posted: 21 Mar 2012 02:31 AM PDT

We propose an opinion dynamics model that combines processes of vanity and opinion propagation. The interactions take place between randomly chosen pairs. During an interaction, the agents propagate their opinions about themselves and about other people they know. Moreover, each individual is subject to vanity: if her interlocutor seems to value her highly, then she increases her opinion about...

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Blog Post: TheFinancialServicesClub: Innovators break the rules

Posted: 21 Mar 2012 02:05 AM PDT

I did a speech about innovation yesterday.read more...

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Blog Post: TalesfromaTradingDesk: Will PubNub Influence Single Bank Platforms Data Delivery?

Posted: 21 Mar 2012 01:50 AM PDT

Today (as previously blogged), there are 5 or so commercial products currently used in the financial services space for web real-time messaging (sometimes referred to as last-mile messaging) – primarily used by Single Bank/Dealer Platforms (SBP/SDP). Given PubNub’s recent fund raising and performance push, I’m curious to see if their cloud service makes any inroads into the SBP...

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Blog Post: RobertPestonBlog: Is a 7% stamp duty a workable mansion tax?

Posted: 21 Mar 2012 01:11 AM PDT

Senior LibDems argue that the 7% stamp duty rate being introduced in today's budget on residential properties worth more than £2m is not far off a mansion tax.read more...

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

Posted: 21 Mar 2012 12:46 AM PDT

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

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Blog Post: PsyFiBlog: Craving a High: Trading on Dopamine

Posted: 21 Mar 2012 12:36 AM PDT

Pathological Investors“A pathological gambler dies and thinks he is in heaven because he wins every time he plays. Very quickly after constantly winning his wagers, he requests to be sent to hell, only to find out that he is already there.”Sapra and Zak, Neurofinance: Bridging Psychology, Neurology and Investor Behavior Neuroeconomists, that breed of behavioral researchers seeking to link...

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Blog Post: WealthandCapitalMarketsBlog: 4.25.12: Celent Securities & Investments Webinar: The Chinese Derivatives Market: Deregulation Brings Opportunities

Posted: 20 Mar 2012 11:12 PM PDT

Celent analyst Hua Zhangread more...

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Blog Post: TheAlephBlog: Book Review: Backstage Wall Street

Posted: 20 Mar 2012 10:56 PM PDT

read more...

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Blog Post: Debtwatch: My paper for INET's Berlin 2012 Conference

Posted: 20 Mar 2012 07:15 PM PDT

My paper “Instability in Financial Markets: Sources and Remedies” for the INET conference “Paradigm Lost: Rethinking Economics and Politics“, to be held in Berlin on April 12-14, is now available via the INET website. If you’d like to download it, you can get it either from my INET page, or from a link on the […] ↓ Read the rest of this entry...

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Blog Post: AllAboutAlpha: Too Many Worries or Too Few for Pension Fund Sponsors

Posted: 20 Mar 2012 06:19 PM PDT

The top four risks facing pension fund sponsors, in the order of importance assigned to them by those sponsors, are: underfunding of liabilities; asset & liability mismatch; asset allocation; meeting return goals. These are the same four goals that were top rated last year. “The year-over-year consistency in the top four risk factors … is not entirely surprising” the study authors say....

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RT @moneyscience How Does the Market React to Your Order Flow? http://t.co/dGHRnHW9 #hft #quant

Posted: 20 Mar 2012 05:06 PM PDT

fin_tech: RT @moneyscience How Does the Market React to Your Order Flow? http://t.co/dGHRnHW9 #hft #quant

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Research on MoneyScience - http://t.co/P8rAJHtf

Posted: 20 Mar 2012 05:06 PM PDT

BusinessSchools: Research on MoneyScience - http://t.co/P8rAJHtf

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Blog Post: FinanceClippings: Facebook paying 1.1% underwriting fee

Posted: 20 Mar 2012 03:10 PM PDT

Apparently Facebook has cut a sweet deal on underwriting services for its upcoming IPO and is only paying 1.1%.  This is in contrast to the typical fee which is around 7%.[link to a pdf]. HT: Thomas (a student in the Advance Analytics program at NCSU).

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Blog Post: TheReformedBroker: Fast Money Halftime Clips: Only Price Pays

Posted: 20 Mar 2012 01:31 PM PDT

Video.

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Blog Post: FINalternatives: Taylor Woods To Close Fund At $1.3 Billion

Posted: 20 Mar 2012 10:53 AM PDT

Investors who want a piece of former Credit Suisse trader George Taylor's year-old commodities hedge fund are running out of time.read more...

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Blog Post: TimingLogic: Morgan Keegan and Goldman Sachs Up Apple Price Target The Value Of All Publicly-Traded Companies In Russia.

Posted: 20 Mar 2012 10:52 AM PDT

Italy was simply too little, too late.  Russia’s publicly- traded companies have a value of a little less than $1 trillion.  With this upgrade Apple would be closing in on the value of all publicly-traded companies in Russia; a country with a population of 150 million people.   That would include all of the publicly-trade oil, natural gas and mineral reserves of the largest...

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Blog Post: InstituteforNewEconomicThinking: Philip Mirowski - Why Is There a Nobel Memorial Prize in Economics?

Posted: 20 Mar 2012 09:49 AM PDT



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Strategic Hedge Fund Planning

Posted: 20 Mar 2012 09:32 AM PDT

By Attorney Hannah M. Terhune, JD, LLM (Taxation) read more...

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Blog Post: TheMonetaryFuture: Esquire Editor Fined for Promoting Silk Road

Posted: 20 Mar 2012 09:05 AM PDT

From this March 15th, 2012 Russia Today television broadcast, it is interesting to watch the news anchors struggle around trying not to mention something that they are not allowed to mention. According to realhuman on the Reddit site, "Police called it 'promotion of drugs'. The magazine published buyers' reviews about different sellers and how to log in with tor and buy with bitcoin. The fine...

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Blog Post: KnowingandMaking: Behavioural economics: the Kylie Minogue of market research

Posted: 20 Mar 2012 09:02 AM PDT

Do you remember those catchy tunes from the late 1980s? I Should Be So Lucky? The Locomotion? The first time you heard them they were quite fun, memorable even. But then they got more airplay. And more. And more. Radio stations figured out that the sugary, bubbly popness of the tunes would cut through a lot of background noise and get your attention, so they played them again and again. Soon...

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Published / Preprint: Seeking Alpha: Excess Risk Taking and Competition for Managerial Talent (CEPR DP8905)

Posted: 20 Mar 2012 06:52 AM PDT

Seeking Alpha: Excess Risk Taking and Competition for Managerial Talent Author(s): Viral V Acharya, Marco Pagano, Paolo Volpin CEPR Discussion Paper Number 8905 Paper Details | PDF Download* | Purchase Electronic | Purchase Printed Programme Area(s): Financial Economics (FE) Date of Publication: 01/03/2012 Keyword(s): executive compensation, managerial talent, managerial turnover,...

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Published / Preprint: Aspirations, Well-being, Risk-Aversion and Loss-Aversion (CEPR DP8904)

Posted: 20 Mar 2012 06:52 AM PDT

Aspirations, Well-being, Risk-Aversion and Loss-Aversion Author(s): Kees Koedijk, Rachel A J Pownall, Meir Statman CEPR Discussion Paper Number 8904 Paper Details | PDF Download* | Purchase Electronic | Purchase Printed Programme Area(s): Financial Economics (FE) Date of Publication: 01/03/2012 Keyword(s): behavioural portfolio theory, loss-aversion, prospect theory, risk-taking,...

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Published / Preprint: Can Rare Events Explain the Equity Premium Puzzle? (CEPR DP8899)

Posted: 20 Mar 2012 06:52 AM PDT

Can Rare Events Explain the Equity Premium Puzzle? Author(s): Anisha Ghosh, Christian Julliard CEPR Discussion Paper Number 8899 Paper Details | PDF Download* | Purchase Electronic | Purchase Printed Programme Area(s): Financial Economics (FE), International Macroeconomics (IM) Date of Publication: 01/03/2012 Keyword(s): Calibration, Cross-Section of Asset Returns, Equity Premium...

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Published / Preprint: Change You Can Believe In? Hedge Fund Data Revisions (CEPR DP8898)

Posted: 20 Mar 2012 06:52 AM PDT

Change You Can Believe In? Hedge Fund Data Revisions Author(s): Andrew J Patton, Tarun Ramadorai, Michael Streatfield CEPR Discussion Paper Number 8898 Paper Details | PDF Download* | Purchase Electronic | Purchase Printed Programme Area(s): Financial Economics (FE) Date of Publication: 12/03/2012 Keyword(s): asymmetric information, disclosure, finance regulation, hedge funds,...

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Blog Post: QFINANCE: China considers opening up the Renminbi

Posted: 20 Mar 2012 06:31 AM PDT

MoneyScience Daily is out! http://t.co/yz3zw0GO : Top stories today via @ppearlman @wallstreettech @EpicureanDeal

Posted: 20 Mar 2012 06:24 AM PDT

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

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Upcoming Training from Deutsche Börse Capital Markets Academy - http://t.co/88vKSUWx #tcm #financialtraining

Posted: 20 Mar 2012 06:24 AM PDT

moneyscience: Upcoming Training from Deutsche Börse Capital Markets Academy - http://t.co/88vKSUWx #tcm #financialtraining

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Financial Technology News Report is out! http://t.co/Jdseecpa : Top stories today via @NiemannCapital @FStechnology @nanexllc

Posted: 20 Mar 2012 06:01 AM PDT

fin_tech: Financial Technology News Report is out! http://t.co/Jdseecpa â–¸ Top stories today via @NiemannCapital @FStechnology @nanexllc

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