CFTCâs Division of Market Oversight Extends No-Action Relief from...
The Commodity Futures Trading Commissionâs (CFTC) Division of Market Oversight today extended no-action relief to swap execution facilities (SEFs) from the requirement that SEFs capture...
View ArticleCFTCâs Division of Market Oversight Extends No-Action Relief from the...
The Commodity Futures Trading Commissionâs (CFTC) Division of Market Oversight (Division) today extended no-action relief for swaps executed as part of a package transaction in the categories...
View ArticleCFTC Grants Amended Order to Chicago Mercantile Exchange, Inc. Permitting...
The Commodity Futures Trading Commission (CFTC) today issued an amended order to Chicago Mercantile Exchange, Inc. (CME), a CFTC-registered derivatives clearing organization.
View ArticleNetwork models of financial systemic risk: A review. (arXiv:1710.11512v1...
The global financial system can be represented as a large complex network in which banks, hedge funds and other financial institutions are interconnected to each other through visible and invisible...
View ArticleQuantization goes Polynomial. (arXiv:1710.11435v1 [q-fin.PR])
Quantization algorithms have been recently successfully adopted in option pricing problems to speed up Monte Carlo simulations thanks to the high convergence rate of the numerical approximation. In...
View ArticleStochastic Maximum Principle under Probability Distortion....
Within the framework of Kahneman and Tversky's cumulative prospective theory, this paper considers a continuous-time behavioral portfolio selection model, which includes both running and terminal terms...
View ArticleThe implied volatility of Forward-Start options: ATM short-time level, skew...
Using Malliavin Calculus techniques, we derive closed-form expressions for the at-the-money behaviour of the forward implied volatility, its skew and its curvature, in general Markovian stochastic...
View ArticleCorrelations and Clustering in Wholesale Electricity Markets....
We study the structure of locational marginal prices in day-ahead and real-time wholesale electricity markets. In particular, we consider the case of two North American markets and show that the price...
View ArticleThe AI That Has Nothing to Learn From Humans
The AI that has nothing to learn from humans https://t.co/TqQLU8I7Fm â Financial Technology (@fin_tech) October 22, 2017
View ArticleThere are now more than 120 hedge funds focused solely on bitcoin, digital...
There are now more than 120 #hedgefunds focused solely on #bitcoin, digital currencies #cryptocurrencies https://t.co/bAhF4Py8wH â Yves Hilpisch (@dyjh)â¦
View ArticleâI Forgot My PINâ: An Epic Tale of Losing $30,000 in Bitcoin
âI Forgot My PINâ: An Epic Tale of Losing $30,000 in Bitcoin https://t.co/vaoQBsrN4Z â Financial Technology (@fin_tech) October 30, 2017
View ArticleSystem for performing 'tensor algebra' offers 100-fold speedups over previous...
MIT system speeds computations of âsparse tensors,â multidimensional data arrays that consist mostly of zeroes.https://t.co/K8savYLOzX â Financial Technologyâ¦
View Article'We can't compete': why universities are losing their best AI scientists
'We can't compete': why universities are losing their best AI scientists https://t.co/YjFsk02ofc â Yves Hilpisch (@dyjh) November 1, 2017
View ArticleThe robot lawyers are here and winning
The robot lawyers are here - and theyâre winning https://t.co/9K8R53xrta â moneyscience (@moneyscience) November 1, 2017
View ArticleFrontier Culture: The Roots and Persistence of "Rugged...
In a classic 1893 essay, Frederick Jackson Turner argued that the American frontier promoted individualism. We revisit the Frontier Thesis and examine its relevance at the subnational level. Using...
View ArticleUniform Pricing in US Retail Chains -- by Stefano DellaVigna, Matthew Gentzkow
We show that most US food, drugstore, and mass merchandise chains charge nearly-uniform prices across stores, despite wide variation in consumer demographics and the level of competition. Estimating a...
View ArticleImpact of Comprehensive Smoking Bans on the Health of Infants and Children --...
As evidence of the negative effects of environmental tobacco smoke (ETS) has mounted, an increasingly popular public policy response has been to impose restrictions on smoking through 100% smoke-free...
View ArticleCity Equilibrium with Borrowing Constraints: Structural Estimation and...
This paper develops a general equilibrium model of location choice with social interactions where mortgage approval rates determine household-specific choice sets that differ across neighborhoods and...
View ArticleTrade, Merchants, and the Lost Cities of the Bronze Age -- by Gojko...
We analyze a large dataset of commercial records produced by Assyrian merchants in the 19th Century BCE. Using the information collected from these records, we estimate a structural gravity model of...
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