Thursday, March 22, 2012

MoneyScience News

MoneyScience News


Blog Post: HighFrequencyTradingReview: Innovation and Risk in Today"s Financial Markets

Posted: 22 Mar 2012 04:09 AM PDT

An interview with Leo Melamedread more...

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http://t.co/wsCDo5HW - The 2011 Entrepreneurial Company of the Year in software vulnerability research #tcm

Posted: 22 Mar 2012 03:56 AM PDT

moneyscience: http://t.co/wsCDo5HW - The 2011 Entrepreneurial Company of the Year in software vulnerability research #tcm

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http://t.co/2uJNWZVH - The 2011 Entrepreneurial Company of the Year in software vulnerability research #tcm

Posted: 22 Mar 2012 03:53 AM PDT

fin_tech: http://t.co/2uJNWZVH - The 2011 Entrepreneurial Company of the Year in software vulnerability research #tcm

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Blog Post: iMFdirect: Latin America: Making the Good Times Last

Posted: 22 Mar 2012 03:49 AM PDT

By Nicolás Eyzaguirreread more...

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Blog Post: TheFinancialServicesClub: When It Pays to Pay Your Investment Banker

Posted: 22 Mar 2012 03:13 AM PDT

Just stumbled across a fascinating paper about bulge bracket brokers, and whether they are worth their salt or not.read more...

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Blog Post: FINalternatives: FrontPoint Star Eisman Launches Fund With $22.9 Million

Posted: 22 Mar 2012 12:11 AM PDT

FrontPoint Partners' former star trader, who managed more than $1 billion just two years ago, is starting small with his new firm.read more...

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Blog Post: TheAlephBlog: Book Review: Accounting for Value

Posted: 21 Mar 2012 11:28 PM PDT

Before I start this evening’s book review, I would like to ask a favor of my readers.  If you like my reviews, maybe you can say that they are helpful at Amazon.  I rank in the 2000s at present, which was a challenge to get to, because not many reviewers of finance, investing, and economics books get to levels like that.  So, to the degree that you like my reviews, and have extra time to...

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Blog Post: relmbo: Finance Clippings: Elmer for NC Treasurer.

Posted: 21 Mar 2012 10:31 PM PDT

Thank you Professor Warr for your support!  Click here to go to Richard's blog ---> Finance Clippings: Elmer for NC Treasurer.: A good friend of mine, Ron Elmer, is running for North Carolina State Treasurer.  Ron's platform is pretty straightforward - he believes tha...

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Blog Post: Falkenblog: Agent Based Models

Posted: 21 Mar 2012 08:41 PM PDT

I was recently at the FactSet Phoenix conference, and Rick Bookstaber gave one of the keynote addresses. He works for the SEC, and like all senior regulators works with the Fed, the IMF, and the whole kitchen sink of regulatory bodies out there. He seemed like a veteran speaker, and made an interesting analogy between investment markets and warfare, in that the only thing that maintains is the...

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Published / Preprint: General acceptance sets, risk measures and optimal capital injections. (arXiv:1203.4610v1 [q-fin.RM])

Posted: 21 Mar 2012 05:36 PM PDT

We consider financial positions belonging to the Banach lattice of bounded measurable functions on a given measurable space. We discuss risk measures generated by general acceptance sets allowing for capital injections to be invested in a pre-specified eligible asset with an everywhere positive payoff. Risk measures play a key role when defining required capital for a financial institution. We...

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Published / Preprint: A flexible matrix Libor model with smiles. (arXiv:1203.4786v1 [q-fin.PR])

Posted: 21 Mar 2012 05:36 PM PDT

We present a flexible approach for the valuation of interest rate derivatives based on Affine Processes. We extend the methodology proposed in Keller-Ressel et al. (2009) by changing the choice of the state space. We provide semi-closed-form solutions for the pricing of caps and floors. We then show that it is possible to price swaptions in a multifactor setting with a good degree of analytical...

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Published / Preprint: On utility maximization under convex portfolio constraints. (arXiv:1102.0346v2 [q-fin.PM] UPDATED)

Posted: 21 Mar 2012 05:36 PM PDT

We consider a utility-maximization problem in a general semimartingale financial model, subject to constraints on the number of shares held in each risky asset. These constraints are modeled by predictable convex-set-valued processes whose values do not necessarily contain the origin, i.e., it may be inadmissible for an investor to hold no risky investment at all. Such a setup subsumes the...

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RT @QFINANCEnews: The UK Budget should involve the Monetary Policy Committee http://t.co/ZJxKkj5u

Posted: 21 Mar 2012 05:32 PM PDT

moneyscience: RT @QFINANCEnews: The UK Budget should involve the Monetary Policy Committee http://t.co/ZJxKkj5u

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Blog Post: TimingLogic: China Coup Rumors Run Wild

Posted: 21 Mar 2012 05:18 PM PDT

Were this to have any merit, it would most certainly be very bad and unexpected news for the global economy.  A coup by the military would likely quicken a return to hard line policies.  Interestingly, we said this dynamic was likely to happen as China’s economy hit the skids.  And, we wrote it years ago in the belly of the beast of Wall Street’s propaganda that China was...

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Blog Post: TheReformedBroker: Fast Money Clips from Tonight

Posted: 21 Mar 2012 05:08 PM PDT

Video.

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Blog Post: AllAboutAlpha: Pension Funds and Blair's PFI Legacy

Posted: 21 Mar 2012 05:04 PM PDT

Britain’s Private Finance Initiative has continued through the administrations since Blair’s, and indeed has inspired emulation across the Channel. At the same time, it has stirred up a good deal of criticism, and in November 2011 the Chancellor of the Exchequer announced a plan to reform the PFI. One of the reform proposals is to seek broader participation by pension funds, or in pale...

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Blog Post: FinanceClippings: Why the IPO is broken.

Posted: 21 Mar 2012 03:32 PM PDT

Most firms that do IPOs now don't really need the money - they are just forced to go public.   Excellent article in Wired.

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RT @TandF_Economics Only 10 days left to log in/sign up for 7 days FREE ACCESS to 4 top Finance Journals http://... http://t.co/W4bG3Vz3

Posted: 21 Mar 2012 03:16 PM PDT

moneyscience: RT @TandF_Economics Only 10 days left to log in/sign up for 7 days FREE ACCESS to 4 top Finance Journals http://... http://t.co/W4bG3Vz3

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Blog Post: InstituteforNewEconomicThinking: Cosma Shalizi - Why Economics Needs Data Mining

Posted: 21 Mar 2012 02:25 PM PDT



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Blog Post: reszatonline: Just a coin: CFA 1976

Posted: 21 Mar 2012 01:02 PM PDT

When I was a little girl, neighbors and friends of the family used to bring me coins from their travels which I kept in a small wooden box. For no special reason, I still have the box. Over the years, my treasure grew from my own travels, and those of my friends, and in this [...]

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ICMA Centre News: Cross-Market Timing in Security Issuance http://t.co/7Uzbi6sE

Posted: 21 Mar 2012 12:12 PM PDT

BusinessSchools: ICMA Centre News: Cross-Market Timing in Security Issuance http://t.co/7Uzbi6sE

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Blog Post: UnderstandingUncertainty: Meat and dying

Posted: 21 Mar 2012 10:55 AM PDT

After all the recent coverage of the possible harms of red meat, I've done an article explaining how, if we believe the figures, eating quite a lot of extra red meat each week will take, on average, a year off our life.read more...

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RT @cxdig: Evolution of Opinions on Social Networks in the Presence of Competing Committed Groups via @sixhat | @scoopit http://t.co/vYP ...

Posted: 21 Mar 2012 10:24 AM PDT

moneyscience: RT @cxdig: Evolution of Opinions on Social Networks in the Presence of Competing Committed Groups via @sixhat | @scoopit http://t.co/vYP ...

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Blog Post: RobertPestonBlog: Will business repay the chancellor's generosity?

Posted: 21 Mar 2012 10:02 AM PDT

If there is such a thing as a collective business view, then business got as much as it could have hoped from this Budget.read more...

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Blog Post: ThreeToedSloth: Signs I Will Not Recommend Your Manuscript Be Published As Is (No. 891)

Posted: 21 Mar 2012 09:01 AM PDT

You are a theoretical physicist, trying to do data analysis, and "Such a Shande für de Goyim!" is all I can think after reading your manuscript. Even if it turns out we are playing out this touching scene (which never fails to bring tears to my eyes) — no. (SMBC via Lost in Transcription) Learned Folly; Physics; Enigmas of Chance; Complexity

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Budget 2012: âStructural Adjustmentâ continues as public spending squeezed even more

Posted: 21 Mar 2012 07:57 AM PDT

By Professor Colin Talbot

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RT @psyfitec: Craving a High: Trading on Dopamine http://t.co/WldePGWi

Posted: 21 Mar 2012 07:20 AM PDT

moneyscience: RT @psyfitec: Craving a High: Trading on Dopamine http://t.co/WldePGWi

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Research Library: Neurofinance: Bridging Psychology, Neurology, and Investor Behavior

Posted: 21 Mar 2012 07:17 AM PDT

Steven G. Sapra Analytic Investors, Inc.; Claremont Graduate University Paul J. Zak Claremont Graduate University - Center for Neuroeconomics Studies Abstract The purpose of this paper is to catalog some of the important findings from the fields of psychology and neurology, and to show potential implications for economics, with particular emphasis on financial markets. The blending of these...

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@matt_davey offers some background reading on the whole LIBOR manipulation debacle: http://t.co/1WLdkcwR #tcm

Posted: 21 Mar 2012 07:06 AM PDT

moneyscience: @matt_davey offers some background reading on the whole LIBOR manipulation debacle: http://t.co/1WLdkcwR #tcm

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Economists demonstrate one size does not fit all for microfinance programs - http://t.co/MRFZS85H #tcm

Posted: 21 Mar 2012 07:06 AM PDT

moneyscience: Economists demonstrate one size does not fit all for microfinance programs - http://t.co/MRFZS85H #tcm

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Financial Technology News Report is out! http://t.co/Jdseecpa : Top stories today via @Equinix @InformaticaCorp @Celent_Research

Posted: 21 Mar 2012 05:58 AM PDT

fin_tech: Financial Technology News Report is out! http://t.co/Jdseecpa â–¸ Top stories today via @Equinix @InformaticaCorp @Celent_Research

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Blog Post: QFINANCE: The UK Budget should involve the Monetary Policy Committee

Posted: 21 Mar 2012 05:39 AM PDT

$1.5 billion: The cost of cutting London-Toyko latency by 60ms

Posted: 21 Mar 2012 05:29 AM PDT

Via ExtremeTech:read more...

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