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This Cable Will Boggle Your Mind With the Highest Data Capacity Ever to Cross...

The highest-capacity subsea cable to ever cross the Atlantic, can shuttle a bewildering 160 Tb of data per second. https://t.co/A0AZ8VjPWB — Financial…

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What Is “Fintech”?

What is “fintech”? Well, there’s the literal and easy answer: An industry that integrates finance and technology. But then there’s this question, What do we really mean by “fintech”? It has...

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Fear of Fintech & Cybersecurity

It goes without saying that the world has witnessed a significant spike in cyber attacks over the last few years, with no institution seeming to be immune. Cyber threats are evolving at a rapid pace...

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IDEO's Tim Brown: How to Solve Problems Like a Designer

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How Specific Should a Worker's Contract Be?

A set of studies by Eileen Chou, Nir Halevy, Adam Galinsky, and the late J. Keith Murnighan have examined how specific labor contracts should be. They conducted experiments on an online labor market....

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Speech of James McDonald, Director of the Division of Enforcement Commodity...

Speech of James McDonald, Director of the Division of Enforcement Commodity Futures Trading Commission Regarding Perspectives on Enforcement: Self-Reporting and Cooperation at the CFTC NYU Program on...

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Testing the causality of Hawkes processes with time reversal....

We show that univariate and symmetric multivariate Hawkes processes are only weakly causal: the true log-likelihoods of real and reversed event time vectors are almost equal, thus parameter estimation...

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Counterparty credit limits: An effective tool for mitigating counterparty...

A counterparty credit limit (CCL) is a limit imposed by a financial institution to cap its maximum possible exposure to a specified counterparty. Although CCLs are designed to help institutions...

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The Aggregation Property and its Applications to Realised Higher Moments....

We develop a general multivariate aggregation property which encompasses the distinct versions of the property that were introduced by Neuberger [2012] and Bondarenko [2014] independently. This way, we...

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Option Pricing with Greed and Fear Factor: The Rational Finance Approach....

We explain the main concepts of Prospect Theory and Cumulative Prospect Theory within the framework of rational dynamic asset pricing theory. We derive option pricing formulas when asset returns are...

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The inefficiency of Bitcoin revisited: a dynamic approach....

This letter revisits the informational efficiency of the Bitcoin market. In particular we analyze the time-varying behavior of long memory of returns on Bitcoin and volatility 2011 until 2017, using...

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Local Volatility Calibration by Optimal Transport. (arXiv:1709.08075v1...

The calibration of local volatility models from observable option prices has always been an important problem in quantitative finance. The classical formula by Dupire, despite being heavily used by...

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Ownership Cost Calculations for Distributed Energy Resources Using...

Ownership cost calculation plays an important role in optimal operation of distributed energy resources (DERs) and microgrids (MGs) in the future power system, known as smart grid. In this paper, a...

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Decomposition of the Inequality of Income Distribution by Income Types -...

This paper identifies the salient factors that characterize the inequality income distribution for Romania. Data analysis is rigorously carried out using sophisticated techniques borrowed from...

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Inequality is getting so bad it's threatening the very foundation of economic...

Inequality is getting so bad it’s threatening the very foundation of economic growth https://t.co/tp2sosXXt9 http://pic.twitter.com/JkjkULc3hX — BI Markets…

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Renegade Inc. on Twitter

"BitCoin has been overrun by charming sociopaths, attract a lot of 'dumb money'," says @ummjackson. https://t.co/2F2O2hsy68 http://pic.twitter.com/xLjLqTdILB —…

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Satellites the size of a shoebox

US firm Planet Labs makes satellites you could hold in your hands, and has more in orbit than anyone else. https://t.co/so3yYrmHtw — moneyscience…

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The most important finance jobs you never even knew existed

The most important finance jobs you never even knew existed. Top technologist’s date night https://t.co/AR4k6ZJMX1 http://pic.twitter.com/WkbY9NSJE6 —…

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How biotechnology will soon give almost anyone the power to destroy humanity

Genetic Engineering Holds the Power to Save Humanity or Kill It https://t.co/rCJFX94Trv — moneyscience (@moneyscience) September 26, 2017

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The Computational Complexity of Clearing Financial Networks with Credit...

We consider the problem of clearing a system of interconnected banks. Prior work has shown that when banks can only enter into simple debt contracts with each other, then a clearing vector of payments...

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