Comment By Warwick Business School's Professor John Colley On LSE...
Commenting on LSE shareholders approving the merger with Deutsche Borse, Professor John Colley said: "Brexit has undoubtedly clouded the future for the stock exchange link up and raised concerns for...
View Article04Jul/Macroprudential policy assessments - report released by the Committee...
Press release report about macroprudential policy assessments (July 2016)
View Article04Jul/Experiences with the ex ante appraisal of macroprudential instruments
This report provides an overview of the experiences central banks have gathered with ex ante appraisals of macroprudential instruments and identifies areas where further analytical development would be...
View ArticleWiener Börse: 1HY: Austrian Stock Market Moves In Line With Europe
(Vienna) The first half-year of 2016 on the Vienna Stock Exchange was an eventful one. After the increase in trading volumes in the first three months of the year, in April and May prices declined...
View ArticleACER Publishes Its Annual Activity Report For 2015
ACER publishes today its Annual Activity Report containing a summary of the activities carried out by the Agency last year. The document, adopted by ACER’s Administrative Board on 24 June, contains...
View ArticleSupreme Court Of Canada Denies Leave To Appeal Alberta Securities...
The Supreme Court of Canada has denied Scott Gerard Beaudette leave to appeal an Alberta Court of Appeal decision that upheld the constitutional validity of Securities Act (Alberta) provisions that...
View ArticleInequality, Debt and Credit Stagnation
This was my keynote speech at the French Association for Political Economy (AFEP) annual conference in Mulhouse, France (the other keynote was givenâin Frenchâby my good friend Marc Lavoie, who is...
View ArticleRevised Irish Stock Exchange Rulebooks Reflect Changes To EU Market Abuse...
The Irish Stock Exchange (ISE) has published revised rulebooks to reflect new EU-wide changes to market abuse legislation which are effective from 3 July 2016. read more...
View ArticleOntario Securities Commission Seeks Comment On Proposed Rule For...
The Ontario Securities Commission (OSC) has published for a 90-day comment period proposed OSC Rule 72-503 – Distributions Outside of Canada and proposed Companion Policy 72-503CP to OSC Rule 72-503...
View ArticleA probability-free and continuous-time explanation of the equity premium and...
This paper gives yet another definition of game-theoretic probability in the context of continuous-time idealized financial markets. Without making any probabilistic assumptions (but assuming positive...
View ArticleComments on the BCBS proposal for a New Standardized Approach for Operational...
On March 4th 2016 the Basel Committee on Banking Supervision published a consultative document where a new methodology, called the Standardized Measurement Approach (SMA), is introduced for computing...
View ArticleRecursive utility optimization with concave coefficients. (arXiv:1607.00721v1...
This paper concerns the recursive utility maximization problem. We assume that the coefficients of the wealth equation and the recursive utility are concave. Then some interesting and important cases...
View ArticleTime-Inconsistent Stochastic Linear-quadratic Differential Game....
We consider a general time-inconsistent stochastic linear-quadratic differential game. The time-inconsistency arises from the presence of quadratic terms of the expected state as well as...
View ArticleLimit order trading with a mean reverting reference price....
Optimal control models for limit order trading often assume that the underlying asset price is a Brownian motion since they deal with relatively short time scales. The resulting optimal bid and ask...
View ArticleEstimation and prediction of credit risk based on rating transition systems....
Risk management is an important practice in the banking industry. In this paper we develop a new methodology to estimate and predict the probability of default (PD) based on the rating transition...
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The Effective Manager
Mark Horstman identifies what "effective management" actually looks like, and digs into the four critical behaviors that make a manager great and explains how leaders can adjust their own behavior...
View ArticleNew Zealand's Financial Markets Authority: Code Committee Members Reappointed
The Financial Markets Authority has announced the reappointment of two members of the Code Committee. The Committee was established in July 2009 to draft a code of Professional Conduct for Authorised...
View ArticleASX Compliance Monthly Activity Report - June 2016
New listings for the month were 9 Spokes International Limited (9SP), ApplyDirect Limited (AD1), Australian Unity Office Fund (AOF), ChimpChange Limited (CCA), DroneShield Limited (DRO), Graphex Mining...
View ArticleASX Group Monthly Activity Report - June 2016
The value of ASXâlisted stocks, as measured by the All Ordinaries Index, fell 2.5% in June 2016. Declines were also observed in other major markets, including Japan down 9.6%, Germany down 5.7% and...
View ArticleColt Prizmnet Doubles Footprint In Hong Kong And Singapore - Financial...
Colt PrizmNet, the financial extranet developed by Colt, has continued to grow its footprint in Asia by connecting to Equinix’s International Business Exchange™ (IBX®) data centres in Hong Kong (HK1)...
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