Tuesday, July 23, 2013

MoneyScience News

MoneyScience News


Blog Post: TheFinancialServicesClub: A day in the life of mobile payments 2015 [Infographic]

Posted: 23 Jul 2013 03:30 AM PDT

Two years from now, Mobile Payments Today forecast that the typical mobile user will be living like this infographic below. read more...

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Blog Post: TheAlephBlog: On Risk-Based Liquidity, and Financial Regulation

Posted: 23 Jul 2013 01:37 AM PDT

People forget how crises happen after the events have passed, and begin to believe comforting fictions thereafter.  Companies typically fail when they can’t meet a call for cash to be paid.  With financial companies, it typically means that the company financed long-term, illiquid assets, with liabilities that would have to be rolled over regularly.read more...

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Published / Preprint: Good Debt or Bad Debt: Detecting Semantic Orientations in Economic Texts. (arXiv:1307.5336v1 [cs.CL])

Posted: 22 Jul 2013 05:39 PM PDT

The use of robo-readers to analyze news texts is an emerging technology trend in computational finance. In recent research, a substantial effort has been invested to develop sophisticated financial polarity-lexicons that can be used to investigate how financial sentiments relate to future company performance. However, based on experience from other fields, where sentiment analysis is commonly...

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Published / Preprint: Empirical properties of the foreign exchange interdealer market. (arXiv:1307.5440v1 [q-fin.TR])

Posted: 22 Jul 2013 05:39 PM PDT

Using a new high frequency data set we provide a precise empirical study of the interdealer spot market. We check that the main stylized facts of financial time series also apply to the FX market: fat-tailed distribution of returns, aggregational normality and volatility clustering. We report two standard microstructure phenomena: microstructure noise effects in the signature plot and the Epps...

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Published / Preprint: Uncertainty and absence of arbitrage opportunity. (arXiv:1307.5602v1 [q-fin.GN])

Posted: 22 Jul 2013 05:39 PM PDT

It is shown that absence of arbitrage opportunity in financial markets is a particular case of existence of uncertainty in decision system. Absence of arbitrage opportunity is considered in the sense of the Arrow-Debreu model of financial market with a riskless asset, while uncertainty (or ambiguity) is defined on the basis of the principle of internal coherence of M. Allais.

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Posted: 22 Jul 2013 12:46 PM PDT

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