Mixture Diffusion for Asset Pricing. (arXiv:1610.01450v1 [q-fin.MF])
This paper proposes a general form of mixture diffusion process to model asset price dynamics, using a mixture of infinite number of parametric diffusions. We show that the underlying asset price...
View ArticleThe Cross-section of Expected Returns on Penny Stocks: Are Low-hanging Fruits...
In this paper, we study the determinants of expected returns on the listed penny stocks from two perspectives. Traditionally financial economics literature has been devoted to study the macro and micro...
View ArticleInformation inefficiency in a random linear economy model....
We study the effects of introducing information inefficiency in a model for a random linear economy with a representative consumer. This is done by considering statistical, instead of classical,...
View ArticleA Duality Result for Robust Optimization with Expectation Constraints....
This paper demonstrates a practical method for computing the solution of an expectation-constrained robust maximization problem with immediate applications to model-free no-arbitrage bounds and...
View ArticleTaylor's Law of temporal fluctuation scaling in stock illiquidity....
Taylor's law of temporal fluctuation scaling, variance $\sim$ $a($mean$)^b$, is ubiquitous in natural and social sciences. We report for the first time convincing evidence of a solid temporal...
View ArticleFederal Reserve Vice Chairman Stanley Fischer, At The 40th Annual Central...
I would like to thank the Federal Reserve Bank of New York for establishing this seminar 40 years ago and for maintaining it since then. This event has always been a useful forum for sharing knowledge...
View ArticleThe Big Man of Jim Beam: Booker Noe And the Number-One Bourbon In the World
The Big Man of Jim Beam delves into the life and times of legendary distiller F. Booker Noe III, grandson of Jim Beam and father of the bourbon boom. A true American original who left his mark on...
View ArticleSocial Selling Mastery: Scaling Up Your Sales and Marketing Machine for the...
Social Selling Mastery provides a key resource for sales and marketing professionals seeking a better way to connect with today's customer. Author Jamie Shanks has personally built Social Selling...
View ArticleSummary Of September 2016 Activities At TOCOM
The Tokyo Commodity Exchange announced today that average daily volume for September 2016 was 85,496 contracts, down 3.7% month-over-month. Volume for TOCOM’s largest contracts was mixed; Dubai Crude...
View ArticleASX Monthly Activity Report - September 2016
The value of ASX-listed stocks, as measured by the All Ordinaries Index, fell 0.1% in September 2016. This performance was in contrast to some major markets, including the UK up 1.7%, Singapore up 1.7%...
View ArticleEY Reports Record Global Revenues In 2016 â Up By 9%
EY today announces combined global revenues of US$29.6b for its financial year ended 30 June 2016. Overall, financial year (FY) 2016 revenue grew by 9% in local currency (versus FY15). Since the launch...
View ArticleSIX Opens F10 And Starts New Fintech Startup Accelerator Program
SIX, the operator of the Swiss financial market infrastructure, is opening its fintech startup accelerator F10 to more firms in the Swiss financial center under the umbrella of its newly formed F10...
View ArticleUK's Financial Conduct Authority: Total Number Of Complaints Continues To Fall
Financial services firms recorded a 2.6% reduction in new complaints between January and June 2016 compared to the previous six months, according to new complaints data published today by the Financial...
View ArticleSolactive Launches Sustainable Development Goals Index - Licensed To BNP Paribas
Solactive announces the launch of the Solactive Sustainable Development Goals World Index – a new index which enables investors to gain exposure to companies that have been identified as making a...
View ArticleHKEX: Women's Exchange Celebrates Its 4th Anniversary
Hong Kong Exchanges and Clearing Limited's (HKEX) Women’s Exchange celebrated its fourth anniversary at its annual reception last night (Wednesday).read more...
View ArticleMcKay Brothers Lowers Latency On Carteret-NY2 Link - Lowest Known Latency On...
McKay Brothers has announced a latency reduction in its industry-leading millimeter wave link between Carteret and Secaucus-NY2 to as low as 182 microseconds round trip. The improved performance is the...
View ArticlePalestine Securities Exchange (PEX) Monthly Investor Newsletter - September 2016
Click here to download the September edition of the PEX Monthly Investor Newsletter.
View ArticleESMA Publishes Updated AIFMD Q&A
The European Securities and Markets Authority (ESMA) has published an updated questions and answers document on the application of the Alternative Investment Fund Managers Directive (AIFMD).read more...
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