Remarks At The SEC Equity Market Structure Advisory Committee Meeting,...
Welcome, everyone, to today’s meeting of the Equity Market Structure Advisory Committee (the “Committee”). read more...
View ArticleMIAX CRD Registrations: ME & FI S-28 Deletions Effective February 8, 2016
Effective Monday, February 8, 2016, MIAX is discontinuing approval of the following two Web CRD registration categories: • FI - Introducing Broker-Dealer Financial and Operations Principal Examination...
View ArticleSEC And FINRA To Hold Regional Compliance Outreach Programs For Broker-Dealers
The Securities and Exchange Commission and the Financial Industry Regulatory Authority (FINRA) today announced the opening of registration for their 2016 Regional Compliance Outreach Programs for...
View ArticleFederal Reserve Highlights Progress In Efforts To Improve U.S. Payment System
In a report that comes one year after the publication of its Strategies for Improving the U.S. Payment System, the Federal Reserve on Tuesday detailed the progress made and outlined anticipated steps...
View ArticleTestimony On The EB-5 Immigrant Investor Program, Stephen L. Cohen, SEC...
Chairman Grassley, Ranking Member Leahy, and Members of the Committee:read more...
View ArticleA note on utility maximization with transaction costs and random endoment:...
In this note, we study the utility maximization problem on the terminal wealth under proportional transaction costs and bounded random endowment. In particular, we restrict ourselves to the...
View ArticleShould employers pay their employees better?. (arXiv:1602.00931v1 [q-fin.GN])
Should employers pay their employees better? Although this question might appear provoking because lowering production costs remains a cornerstone of the contemporary economy, we present new evidence...
View ArticleSmooth solutions to discounted reward control problems with unbounded...
We consider a discounted reward control problem in continuous time stochastic environment where the discount rate might be an unbounded function of the control process. We provide a set of general...
View ArticleTail Risk Premia for Long-Term Equity Investors. (arXiv:1602.00865v1 [q-fin.PR])
We use the P&L on a particular class of swaps, representing variance and higher moments for log returns, as estimators in our empirical study on the S&P500 that investigates the factors...
View ArticleA Tale of Two Consequences. (arXiv:1602.00839v1 [q-fin.TR])
We look at the effect of the tick size changes on the TOPIX 100 index names made by the Tokyo Stock Exchange on Jan-14-2014 and Jul-22-2104. The intended consequence of the change is price improvement...
View ArticlePortfolio Selection: The Power of Equal Weight. (arXiv:1602.00782v1 [q-fin.PM])
We empirically show the power of the equally weighted S&P 500 portfolio over Sharpe's market capitalization weighted S&P 500 portfolio. We proceed to consider the MaxMedian rule, a...
View ArticleLimit-order book resiliency after effective market orders: Empirical facts...
In order-driven markets, limit-order book (LOB) resiliency is an important microscopic indicator of market quality when the order book is hit by a liquidity shock and plays an essential role in the...
View ArticleASX Compliance Monthly Activity Report - January 2016
Click here to download ASX's compliance monthly activity report for January 2016.
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ASX Group Monthly Activity Report - January 2016
Click here to download the ASX Group monthly activity report for January 2016.
View ArticleMNI China Car Purchase Indicator: Chinese Consumers More Positive On Car...
Consumer confidence towards the car market inched upward again in January. Between December and January, Chinese consumers were more enthusiastic about the car purchasing environment and were more...
View ArticleBursa Malaysia Closes For Chinese New Year
Bursa Malaysia Berhad (“Bursa Malaysia”) and its subsidiaries will be closed on these dates in conjunction with the following public holiday:read more...
View ArticleClarksons Platou Futures Selects Speakerbus For Global Futures Voice Broking
Speakerbus, the leading provider of innovative mission-critical voice collaboration solutions for financial institutions, today announced that Clarksons Platou Futures (CPF), the leading freight...
View ArticleMoscow Exchange Indices Monthly Review: January 2016
In January, Moscow Exchanges" Indices reflected the positive trend on the Russian stock market by the MICEX Index. The MICEX Index was up 1.34% to 1,784.92 (from 1,761.36 on 30 December 2015), while...
View ArticleEuronext Announces Volumes For January 2016
Euronext, the leading exchange in the Eurozone, today announced trading volumes for January 2016.read more...
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