DIFC Welcomes the Region’s First Legal Chambers From The UK, Outer Temple
Dubai International Financial Centre (DIFC), the leading financial hub for the Middle East, Africa and South Asia region, has today announced the opening of the first specialist barristers’ chambers in...
View ArticleFinansinspektionen: Regulations Regarding Amortisation Requirement For Mortgages
On 31 March 2016, the Swedish Government decided to amend the Banking and Financing Business Ordinance, which grants an authorisation to Finansinspektionen to issue regulations that regulate the...
View ArticleUpdate On SGX’s Acquisition Of The Baltic Exchange
Singapore Exchange Limited (“SGX”) is pleased to announce that the Court has today sanctioned the proposed scheme of arrangement under Part 26 of the UK Companies Act for the acquisition of The Baltic...
View ArticleTishman Speyer Announces Lease Transaction For OCC At The Franklin
Tishman Speyer, one of the world's leading real estate developers and owners, today announced that it has signed OCC, the world's largest equity derivatives clearing organization, to a long-term lease...
View ArticleBats Global Markets To Provide Bats One Quote, Trade Data To Morningstar -...
Bats Global Markets (Bats), a leading global operator of exchanges and services for financial markets, and Morningstar, Inc., a leading provider of independent investment research, today announced an...
View ArticlePOLITICO To Ring The Nasdaq Stock Market Closing Bell
What: POLITICO, the leading global news and information company at the intersection of politics and policy, will visit the Nasdaq MarketSite in Times Square.read more...
View ArticleArtemis.bm-Innovative ILS Can Address “Critical Protection Gap”...
Artemis, a news, analysis and data media service, released an on-line article 3 November, 2016, titled Innovative ILS can address “critical protection gap” – ILS Bermuda leaders. The full release from...
View ArticleCyber Risk And Geopolitical Threats Top List Of Financial Industry Concerns...
Broad geopolitical risks, including the outcome of tomorrow’s U.S. Presidential Election and Britain’s exit from the EU (“Brexit”), were among top risks facing the global financial system, according to...
View ArticleThe Average-Marginal Relationship and Tractable Equilibrium Forms....
Economic variables with familiar tractable functional forms (constant-elasticity or linear) are only reweighted in the change from their average to marginal versions. They are also simple, featuring...
View ArticlePricing Derivatives in a Regime Switching Market with Time Inhomogeneous...
This paper studies pricing derivatives in an age-dependent semi-Markov modulated market. We consider a financial market where the asset price dynamics follow a regime switching geometric Brownian...
View ArticleOptimal shrinkage-based portfolio selection in high dimensions....
In this paper we estimate the mean-variance (MV) portfolio in the high-dimensional case using the recent results from the theory of random matrices. We construct a linear shrinkage estimator which is...
View ArticleAn Equilibrium Model with Computationally Constrained Agents....
We study a large economy in which firms cannot compute exact solutions to the non-linear equations that characterize the equilibrium price at which they can sell future output. Instead, firms use...
View ArticleEM Algorithm and Stochastic Control in Economics. (arXiv:1611.01767v1...
Generalising the idea of the classical EM algorithm that is widely used for computing maximum likelihood estimates, we propose an EM-Control (EM-C) algorithm for solving multi-period finite time...
View ArticleEffects of income redistribution on the evolution of cooperation in spatial...
Income redistribution is the transfer of income from some individuals to others directly or indirectly by means of social mechanisms, such as taxation, public services and so on. Employing a spatial...
View Article`To Have What They are Having': Portfolio Choice for Mimicking Mean-Variance...
We consider a group of mean-variance investors with mimicking desire such that each investor is willing to penalize deviations of his portfolio composition from compositions of other group members....
View ArticleCFTC Swaps Report Update
CFTC's Weekly Swaps Report has been updated, and is now available.read more...
View ArticleFinancial Stability Oversight Council To Meet November 16
On Wednesday, November 16, Secretary of the Treasury Jacob J. Lew will preside over a meeting of the Financial Stability Oversight Council (Council) at the Treasury Department. The agenda will include...
View ArticleNasdaq Announces End-Of-Month Open Short Interest Positions In Nasdaq Stocks...
At the end of the settlement date of October 31, 2016, short interest in 2,327 Nasdaq Global MarketSM securities totaled 7,603,044,420 shares compared with 7,496,240,405 shares in 2,334 Global Market...
View ArticleCBOE: VIX Futures Volume In Non-U.S. Trading Hours Sets New Daily Record
CBOE Futures Exchange, LLC (CFE®) today announced record volume was set in futures contracts on the CBOE Volatility Index® (VIX® Index) traded in non-U.S. trading hours with an estimated 263,663...
View Article“Built on Solid Foundations”
Featured in Captive Review’s Global Report, Beecher Carlson’s Jason Flaxbeard and Olga Collins discuss the ins and outs of captive structures.read more...
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