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Decisions Taken By The Governing Council Of The ECB (In Addition To Decisions...

Publication of the Agreement on Net Financial Assetsread more...

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FINRA Bars Broker For Market Manipulation - Supervisor Barred From...

The Financial Industry Regulatory Authority (FINRA) announced today that it has barred broker George Johnson from the securities industry for engaging in a manipulative trading scheme to artificially...

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Chairmanâs Address At SEC Speaks - âBeyond Disclosure At The SEC...

It is my pleasure to address the 45th annual “SEC Speaks” program – on the day after the Yankees’ pitchers and catchers reported to spring training, which is one way I mark this time of year.  This...

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Federal Banking Agencies Expand Number Of Banks And Savings Associations...

Federal banking agencies today increased the number of small banks and savings associations eligible for an 18-month examination cycle rather than a 12-month cycle. The changes are intended to reduce...

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CFTC Charges Canadian Resident Ryan S. Magee With Fraud And Acting As An...

The U.S. Commodity Futures Trading Commission (CFTC) filed a civil enforcement action in the U.S. District Court for the Eastern District of Wisconsin charging Ryan S. Magee of Calgary, Alberta,...

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The Decline of Sears

I've been saying for years now that Sears is doomed to fail.  I just don't see light at the end of the tunnel.  The company's revenues have been dropping for years.  Multiple restructurings have...

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Statement By Christine Lagarde On Her Second Term As IMF Managing Director

Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), issued the following statement today:read more...

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Remarks At The âSEC Speaksâ Conference: What Lies Ahead? The SEC...

Good morning.  It is a pleasure to be part of SEC Speaks.  This conference provides an important forum for the Commission staff, the securities bar, and financial market participants to discuss...

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TOM MTF Statistics Week 7, 2016

Click here to download the weekly statistics update of TOM MTF for week 7, 2016. In week 7 a total of 537,511 equity and index option contracts were traded resulting in a TOM MTF market share versus...

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Modeling Stock Price Dynamics with Fuzzy Opinion Networks....

We propose a mathematical model for the word-of-mouth communications among stock investors through social networks and explore how the changes of the investors' social networks influence the stock...

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Accrual valuation and mark to market adjustment. (arXiv:1602.06189v1 [q-fin.PR])

This paper provides intuition on the relationship of accrual and mark-to-market valuation for cash and forward interest rate trades. Discounted cashflow valuation is compared to spread-based valuation...

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Blunt Honesty, Incentives, and Knowledge Exchange. (arXiv:1602.06188v1...

We propose a simple mechanism to facilitate the buying and selling of useful, bluntly honest information. The for-profit, arm's length knowledge exchange this mechanism enables may dramatically...

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Noise Fit, Estimation Error and a Sharpe Information Criterion....

When optimizing the Sharpe ratio over a k-dimensional parameter space the thus obtained in-sample Sharpe ratio tends to be higher than what will be captured out-of-sample. For two reasons: the...

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Duality formulas for robust pricing and hedging in discrete time....

In this paper we derive robust super- and subhedging dualities for contingent claims that can depend on several underlying assets. In addition to strict super- and subhedging, we also consider relaxed...

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Density analysis of non-Markovian BSDEs and applications to biology and...

In this paper, we provide conditions which ensure that stochastic Lipschitz BSDEs admit Malliavin differentiable solutions. We investigate the problem of existence of densities for the first components...

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Funding, Repo and Credit Inclusion in Option Pricing via Dividends....

This paper specializes a number of earlier contributions to the theory of valuation of financial products in presence of credit risk, repurchase agreements and funding costs. Earlier works, including...

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CME Group Announces The Launch Of LNG DES Japan (Rim) Futures Contract

CME Group, the world's leading and most diverse derivatives marketplace, today announced that it has expanded its suite of energy product offerings with the introduction of a new LNG DES Japan (Rim)...

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MNI China Business Sentiment Survey: Chinese Business Sentiment Weakens...

The Chinese business environment wasn’t afforded any festive cheer over the Lunar New Year holiday as a pull back in Production left executives at China’s largest companies less optimistic, according...

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The Korea Exchange (KRX) Has Organized A New Marketing Department

KRX said that the exchange organized the global marketing department on February 15 to carry out proactive marketing of the KOSPI Market to global customers.The department is planning to promote a wide...

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Financial Services Regulatory Authority Of Abu Dhabi Global Market Joins The...

Abu Dhabi Global Market (“ADGM”), the international financial centre in Abu Dhabi, is pleased to announce that its Financial Services Regulatory Authority (“FSRA”) is now a recognised member of the...

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