Friday, July 10, 2015

MoneyScience News

MoneyScience News


Published / Preprint: Quantum Gates and Quantum Circuits of Stock Portfolio. (arXiv:1507.02310v1 [q-fin.GN])

Posted: 09 Jul 2015 05:37 PM PDT

In quantum computation, series of quantum gates have to be arranged in a predefined sequence that led to a quantum circuit in order to solve a particular problem. What if the sequence of quantum gates is known but both the problem to be solved and the outcome of the so defined quantum circuit remain in the shadow? This is the situation of the stock market. The price time series of a portfolio of...

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Published / Preprint: Model-independent bounds for Asian options: a dynamic programming approach. (arXiv:1507.02651v1 [q-fin.PR])

Posted: 09 Jul 2015 05:36 PM PDT

We consider the problem of finding model-independent bounds on the price of an Asian option, when the call prices at the maturity date of the option are known. Our methods differ from most approaches to model-independent pricing in that we consider the problem as a dynamic programming problem, where the controlled process is the conditional distribution of the asset at the maturity date. By...

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Blog Post: iMFdirect: Greece: Past Critiques and the Path Forward

Posted: 09 Jul 2015 04:27 PM PDT

By Olivier Blanchardread more...

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Vendor News: July 9, 2015 - SS&C Technologies 2015 Second Quarter Earnings Release Notice

Posted: 09 Jul 2015 12:37 PM PDT

Blog Post: WealthandCapitalMarketsBlog: Who's Really in Wealthfrontâs Sights? Not Betterment

Posted: 09 Jul 2015 08:57 AM PDT

As I discuss in a previous post, dropping a zero from the minimum investment needed to open a free Wealthfront account lets CEO Adam Nash (via VP Elliot Shmukler) lord his good guy credentials over Betterment, and at little incremental cost. The fact that Nash has no real pecuniary interest in lowering the paywall (even hundreds of $500 accounts won̢۪t move the firm̢۪s $2 billion AUM needle)...

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Published / Preprint: 09Jul/CPMI and IOSCO begin first "Level 3" PFMI Principles assessment

Posted: 09 Jul 2015 06:07 AM PDT

Press release about CPMI and IOSCO beginning first "Level 3" PFMI Principles assessment

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Beyond silicon: IBM unveils world’s first 7nm chip

Posted: 09 Jul 2015 04:49 AM PDT

Beyond silicon: IBM unveils world's first 7nm chip http://t.co/80g1l2DWwN — moneyscience (@moneyscience) July 9, 2015

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