Sharing R&D Risk in Healthcare via FDA Hedges -- by Adam Jorring, Andrew...
The high cost of capital for firms conducting medical research and development (R&D) has been partly attributed to the government risk facing investors in medical innovation. This risk slows down...
View ArticleGoing Public: Readiness And Success Event Held In Cooperation Between Qatar...
In cooperation between QSE and Pillsbury Law Firm, the informative event: “Going Public: Readiness and Success” was held yesterday , April 30 in W Doha Hotel & Residences to focus on important...
View ArticleAl Mawared Amman Stock Exchange Weekly Report, 1 May 2017
ASE falls as several heavyweights trade ex-divided read more...
View ArticleIntercontinental Exchange Completes Acquisition Of TMX Groupâs Atrium
Intercontinental Exchange (NYSE: ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today announced it has completed its all-cash acquisition...
View ArticleOCC Names former State Street And Department Of Defense Information Security...
OCC, the world's largest equity derivatives clearing organization, today announced the appointment of Mark Morrison, formerly with State Street Corporation and several government defense and security...
View ArticleMGEX April Volume Is 19th-Best In History
MGEX, a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO), has concluded the month of April with a total volume of 211,184, making it the 19th-best volume in MGEX history....
View ArticleBats Welcomes New Issuer Franklin Templeton Investments To The Bats ETF...
Bats, a CBOE Holdings, Inc. company, and a leading market for exchange-traded fund (ETF) trading globally, today welcomed Franklin Templeton Investments as a new issuer to the Bats ETF Marketplace with...
View ArticleOCC Cleared Contract Volume Down Six Percent In April
OCC, the world's largest equity derivatives clearing organization, announced today that cleared contract volume in April was 320,547,848 contracts, down six percent from April 2016 monthly volume of...
View ArticleBats Targets Transparency With Dedicated Data Feeds For U.S. Listed ETFs -...
Bats, a CBOE Holdings, Inc. company, and a leading market for exchange-traded fund (ETF) trading globally, today announced the planned introduction of the Bats ETF Implied Liquidity Feed, which...
View ArticleOneChicago Announces Trading Volume For April 2017 - Weekly Futures Propel...
OneChicago, LLC (OCX), a securities finance exchange, today announced its April 2017 volume of 1,504,746 an increase of 88% year-over-year. OneChicago is a CFTC and SEC regulated exchange offering...
View ArticleSEC: Semiconductor Company And Former CFO Settle Accounting Fraud Charges
The Securities and Exchange Commission today announced that a South Korea-based semiconductor manufacturer and its former CFO have agreed to settle charges related to an accounting scheme to...
View ArticleFIA And FIA PTG Oppose Overly Prescriptive Regulation Of Automated Trading
Today, in response to the Commodity Futures Trading Commission’s (CFTC) supplemental notice of proposed rulemaking regarding Regulation AT, FIA and the FIA Principal Traders Group (FIA PTG) submitted...
View ArticleNZX Joins Future Directors Programme
NZX is pleased to announce its participation in the Future Directors Programme, an initiative designed to help identify and grow the next generation of New Zealand directors.read more...
View ArticleImplied Stopping Rules for American Basket Options from Markovian Projection....
This work addresses the problem of pricing American basket options in a multivariate setting, which includes among others, the Bachelier and the Black-Scholes models. In high dimensions, nonlinear...
View ArticleAre target date funds dinosaurs? Failure to adapt can lead to extinction....
Investors in Target Date Funds are automatically switched from high risk to low risk assets as their retirements approach. Such funds have become very popular, but our analysis brings into question the...
View ArticleA note on the Nelson Cao inequality constraints in the GJR-GARCH model: Is...
The majority of stylized facts of financial time series and several Value-at-Risk measures are modeled via univariate or multivariate GARCH processes. It is not rare that advanced GARCH models fail to...
View ArticleDuality in Regret Measures and Risk Measures. (arXiv:1705.00340v1 [q-fin.MF])
Optimization models based on coherent regret measures and coherent risk measures are of essential importance in financial management and reliability engineering. This paper studies the dual...
View ArticleStratonovich representation of semimartingale rank processes....
Suppose that $X_1, \ldots , X_n$ are continuous semimartingales that are reversible and have nondegenerate crossings. Then the corresponding rank processes can be represented by generalized...
View ArticlePeriodic strategies in optimal execution with multiplicative price impact....
In this work we study the optimal execution problem with multiplicative price impact in algorithm trading, when an agent holds an initial position of shares of a financial asset. The...
View ArticleLean derivation of the CRR pricing formula. (arXiv:1705.00212v1 [q-fin.MF])
We provide a lean non-technical exposition on the pricing of path-dependent and European-style derivatives in the Cox-Ross-Rubinstein (CRR) pricing model. The main tool for cleaning up the reasoning is...
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