Tuesday, October 2, 2012

MoneyScience News

MoneyScience News


RT @SimoneFoxman: Is the SEC giving up on making high-frequency traders play fair? http://t.co/t2hXEWnL

Posted: 02 Oct 2012 04:54 AM PDT

moneyscience: RT @SimoneFoxman: Is the SEC giving up on making high-frequency traders play fair? http://t.co/t2hXEWnL

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RT @freakonometrics: "Some lesser-known truths about programming" http://t.co/S9TkmJ86

Posted: 02 Oct 2012 04:54 AM PDT

moneyscience: RT @freakonometrics: "Some lesser-known truths about programming" http://t.co/S9TkmJ86

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RT @Alea_: What is money exactly? http://t.co/08rlPNtV

Posted: 02 Oct 2012 04:54 AM PDT

moneyscience: RT @Alea_: What is money exactly? http://t.co/08rlPNtV

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RT @Kiffmeister: The Gray Tsunami: World faces a wave of aging and with it wrenching social and economic changes http://t.co/W68kUaJy

Posted: 02 Oct 2012 04:54 AM PDT

moneyscience: RT @Kiffmeister: The Gray Tsunami: World faces a wave of aging and with it wrenching social and economic changes http://t.co/W68kUaJy

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RT @freakonometrics: "Some lesser-known truths about programming" http://t.co/fVWlpMAB

Posted: 02 Oct 2012 04:54 AM PDT

fin_tech: RT @freakonometrics: "Some lesser-known truths about programming" http://t.co/fVWlpMAB

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Yale says its endowment gained 4.7 %in fiscal 2012, down from the previous year's 21.9% gain http://t.co/qV4PL4br

Posted: 02 Oct 2012 04:54 AM PDT

BusinessSchools: Yale says its endowment gained 4.7 %in fiscal 2012, down from the previous year's 21.9% gain http://t.co/qV4PL4br

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Welcome Day 2012

Posted: 02 Oct 2012 03:58 AM PDT

We were really pleased to welcome our 19th postgraduate student cohort to the ICMA Centre last Friday. Even the sun came out as if to celebrate the arrival of our new students who had arrived from 38 different countries. This was the largest postgraduate student group to date, numbering 329 â€" a far cry from the 74 students who joinedContinue reading

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Blog Post: TheFinancialServicesClub: Which bank is the biggest winner and loser?

Posted: 02 Oct 2012 03:44 AM PDT

There’s a great interactive review of investment banking markets on the Financial Times today.read more...

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Vendor News: Portfolio Probe bug alert (unlikely to bite)

Posted: 02 Oct 2012 03:40 AM PDT

Portfolio Probe bug alert (unlikely to bite) body,.backgroundTable{ background- } #contentTable{ border:0px none #000000; margin-top:10px; } .headerTop{ background- border-top:0px none #000000; border-bottom:0px none #FFFFFF; text-align:center; padding:0px; } .adminText{ font-size:10px; line-height:200%; font-family:Verdana;...

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RT @moneyscience: New Citi dark pool aims to level playing field http://t.co/Hj8IMEVQ

Posted: 02 Oct 2012 12:57 AM PDT

fin_tech: RT @moneyscience: New Citi dark pool aims to level playing field http://t.co/Hj8IMEVQ

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RT @moneyscience: Ex-Goldman Programmer Rejects Plea Deal http://t.co/nHz9yUe2

Posted: 02 Oct 2012 12:57 AM PDT

fin_tech: RT @moneyscience: Ex-Goldman Programmer Rejects Plea Deal http://t.co/nHz9yUe2

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The Financial Education Daily is out! http://t.co/TYluKzUv ⸠Top stories today via @HarvardHBS @BaruchCollege @YaleSOM

Posted: 02 Oct 2012 12:32 AM PDT

BusinessSchools: The Financial Education Daily is out! http://t.co/TYluKzUv â–¸ Top stories today via @HarvardHBS @BaruchCollege @YaleSOM

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Blog Post: Falkenblog: Bank Stock Timing Strategy

Posted: 01 Oct 2012 05:55 PM PDT

My bank vega theory I alluded to yesterday argued that when banks are weak, they are in a negative vega zone: the potential for getting stopped out makes them want to avoid risks, not take them. For fun, I looked at a trading implication, based on the idea that I alone, via my theory, know when banks will be timid or growing.  A timid bank doesn't make money, so it's best to avoid it then....

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Published / Preprint: Consumer finance data generator - a new approach to Credit Scoring technique comparison. (arXiv:1210.0057v1 [q-fin.ST])

Posted: 01 Oct 2012 05:33 PM PDT

This paper aims to present a general idea of method comparison of Credit Scoring techniques. Any scorecard can be made in various methods based on variable transformations in the logistic regression model. To make a comparison and come up with the proof that one technique is better than another is a big challenge due to the limited availability of data. The same conclusion cannot be guaranteed...

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Published / Preprint: Systems of Brownian particles with asymmetric collisions. (arXiv:1210.0259v1 [math.PR])

Posted: 01 Oct 2012 05:33 PM PDT

We study systems of Brownian particles on the real line, which interact by splitting the local times of collisions among themselves in an asymmetric manner. We prove the strong existence and uniqueness of such processes and identify them with the collections of ordered processes in a Brownian particle system, in which the drift coefficients, the diffusion coefficients, and the collision local...

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Blog Post: WealthandCapitalMarketsBlog: Advisor Movement ' Woe to the Wirehouse or Over-Hyped Talking Point?

Posted: 01 Oct 2012 10:47 AM PDT

Over the past two years, much has been made about the flight of wirehouse advisors to the independent space  and setting up under a fee-based fiduciary standard as an RIA.While there is certainly an allure to going fully independent, it often requires an entrepreneurial attitude that welcomes challenge and risk. Maintaining a staff, ensuring regulatory compliance, establishing relationships with...

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Research Centers #16: Cranfield University Complex Systems Research Centre http://t.co/UF6UU9GD @cranfieldmngmt

Posted: 01 Oct 2012 10:03 AM PDT

BusinessSchools: Research Centers #16: Cranfield University Complex Systems Research Centre http://t.co/UF6UU9GD @cranfieldmngmt

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Is the Eurozone Crisis Really a Crisis?

Posted: 01 Oct 2012 08:47 AM PDT

As the European Central Bank prepares to dig deeper for the billions of Euros to bail out Spain and Italy if necessary, scientists at the New England Complex Systems Institute have asked whether the Eurozone’s debt crisis was actually the result of flawed fiscal policies or blind panic in the markets. Their answer is: yes, the debt crisis is real, but that market overreactions made it...

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Research Library: The European debt crisis: Defaults and market equilibrium

Posted: 01 Oct 2012 08:46 AM PDT

M. Lagi, Y. Bar-Yam   Abstract During the last two years, Europe has been facing a debt crisis, and Greece has been at its center. In response to the crisis, drastic actions have been taken, including the halving of Greek debt. Policy makers acted because interest rates for sovereign debt increased dramatically. High interest rates imply that default is likely due to economic...

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Infographic via @SimoleonSense - #Valuation: The Essence of Corporate Finance http://t.co/tKkEJ9Ob

Posted: 01 Oct 2012 07:28 AM PDT

BusinessSchools: Infographic via @SimoleonSense - #Valuation: The Essence of Corporate Finance http://t.co/tKkEJ9Ob

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Financial Technology News Report is out! http://t.co/Jds9GCg0 : Top stories today via @SellSideTech @moneyscience @kirkwy

Posted: 01 Oct 2012 05:47 AM PDT

fin_tech: Financial Technology News Report is out! http://t.co/Jds9GCg0 â–¸ Top stories today via @SellSideTech @moneyscience @kirkwy

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