Friday, April 26, 2013

MoneyScience News

MoneyScience News


Blog Post: TheFinancialServicesClub: Why banks FAIL at partnerships in mobile finance

Posted: 26 Apr 2013 01:22 AM PDT

Following on from yesterday’s blog about the challenge of taking a vertically integrated bank and breaking it into pieces that can be assembled as part of an alternative service, such as a mobile app, reminded me of the build my own bank presentation from February 2009 (can this really be four years old already?).read more...

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Blog Post: TheAlephBlog: A Letter from a Reader

Posted: 25 Apr 2013 10:42 PM PDT

Hello,read more...

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Published / Preprint: Enhancing the effectiveness of the 21st century board of directors

Posted: 25 Apr 2013 10:15 PM PDT



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Published / Preprint: Message from the chair on introducing enterprise risk management (ERM) to a company

Posted: 25 Apr 2013 10:15 PM PDT



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Published / Preprint: Right reward for right performance: Aligning executive compensation with good governance

Posted: 25 Apr 2013 10:15 PM PDT



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Published / Preprint: Uniform regulation of executive pay at banks: Will it make a difference? The case study of Poland

Posted: 25 Apr 2013 10:15 PM PDT



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Published / Preprint: Financial reporting failures, board's competency and effectiveness

Posted: 25 Apr 2013 10:15 PM PDT



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Published / Preprint: Threats to board stability: Understanding SME director behavior

Posted: 25 Apr 2013 10:15 PM PDT



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Published / Preprint: A Fokker-Planck description for the queue dynamics of large tick stocks. (arXiv:1304.6819v1 [q-fin.TR])

Posted: 25 Apr 2013 05:35 PM PDT

Motivated by empirical data, we develop a statistical description of the queue dynamics for large tick assets based on a two-dimensional Fokker-Planck (diffusion) equation, that explicitly includes state dependence, i.e. the fact that the drift and diffusion depends on the volume present on both sides of the spread. "Jump" events, corresponding to sudden changes of the best limit price, must also...

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Published / Preprint: Time-independent pricing of options in range bound markets. (arXiv:1304.6846v1 [q-fin.PR])

Posted: 25 Apr 2013 05:35 PM PDT

Assuming that price of the underlying stock is moving in range bound, the Black-Scholes formula for options pricing supports a separation of variables. The resulting time-independent equation is solved employing different behavior of the option price function and three significant results are deduced. The first is the probability of stock price penetration through support or resistance level,...

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Blog Post: WealthandCapitalMarketsBlog: Applications in the eye of the beholder: Google Glass + capital markets

Posted: 25 Apr 2013 02:13 PM PDT

On my walk into work this morning I was thinking about the new Google Glass. Marc Andreessen announced he was impressed with it and would be funding new application developments for Glass. This got me thinking- what types of apps could be created for the securities and investments industry for Glass?read more...

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Research Library: Quantifying Trading Behavior in Financial Markets Using Google Trends

Posted: 25 Apr 2013 01:18 PM PDT

This article has been covered at the BBC here. By Tobias Preis, Helen Susannah Moat & H. Eugene Stanley Abstract Crises in financial markets affect humans worldwide. Detailed market data on trading decisions reflect some of the complex human behavior that has led to these crises. We suggest that massive new data sources resulting from human interaction with the Internet may offer a new...

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Blog Post: rob_daly: Avoiding Information Leakage in Social Media

Posted: 25 Apr 2013 11:09 AM PDT

Avoiding Information Leakage in Social Mediaread more...

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Published / Preprint: How important tasks are performed: peer review

Posted: 25 Apr 2013 05:13 AM PDT

The advancement of various fields of science depends on the actions of individual scientists via the peer review process. The referees' work patterns and stochastic nature of decision making both relate to the particular features of refereeing and to the universal aspects of human behavior. Here, we show that the time a referee takes to write a report on a scientific manuscript depends on the...

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Published / Preprint: Time evolution of Wikipedia network ranking

Posted: 25 Apr 2013 04:55 AM PDT

We study the time evolution of ranking and spectral properties of the Google matrix of English Wikipedia hyperlink network during years 2003 - 2011. The statistical properties of ranking of Wikipedia articles via PageRank and CheiRank probabilities, as well as the matrix spectrum, are shown to be stabilized for 2007 - 2011. A special emphasis is done on ranking of Wikipedia personalities and...

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Event: IMA Conference on Mathematics in Finance

Posted: 24 Oct 2012 07:40 AM PDT

Location: Edinburgh Conference Centre, Heriot-Watt University; Date: April 8th, 2013; One persistent theme in the history of mathematics is the close relationship between the subject and finance. From the Babylonians, through Fibonacci and then Stevin, Pascal, Fermat, Huygens, Bernoulli and Bachelier the development of mathematics has often been based on solving problems in finance.read...

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