The role of volume in order book dynamics: a multivariate Hawkes process...
We show that multivariate Hawkes processes coupled with the nonparametric estimation procedure first proposed in Bacry and Muzy (2015) can be successfully used to study complex interactions between the...
View ArticleThe Invisible Hand of Laplace: the Role of Market Structure in Price...
A fundamental question about a market is under what conditions, and then how rapidly, does price signaling cause price equilibration. Qualitatively, this ought to depend on how well-connected the...
View ArticleBacktesting Lambda Value at Risk. (arXiv:1602.07599v1 [q-fin.RM])
A new risk measure, the lambda value at risk (Lambda VaR), has been recently proposed from a theoretical point of view as a generalization of the value at risk (VaR). The Lambda VaR appears attractive...
View ArticleContagion in the world's stock exchanges seen as a set of coupled...
We study how the phenomenon of contagion can take place in the network of the world's stock exchanges due to the behavioral trait "blindeness to small changes". On large scale individual, the delay in...
View ArticleWhen does inequality freezes an economy?. (arXiv:1602.07300v1 [q-fin.EC])
Inequality and its consequences are the subject of intense recent debate. We address the relation between inequality and liquidity, i.e. the frequency of economic exchanges in the economy. We do that...
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Value Creation in the Pharmaceutical Industry: The Critical Path to Innovation
This practical guide for advanced students and decision-makers in the pharma and biotech industry presents key success factors in R&D along with value creators in pharmaceutical innovation.A...
View ArticleThe New Leader's 100-Day Action Plan: How to Take Charge, Build or Merge Your...
Entering a new leadership role? Leading a reorganization or integrating teams?read more...
View ArticleThe Leadership Journey: How to Master the Four Critical Areas of Being a...
The Leadership Journey charts a course through four critical areas of being a great leader. Written by Korn Ferry CEO Gary Burnison, this book brings world-renown people and talent development...
View ArticleThe Directors Manual: A Framework for Board Governance
The Director's Manual: A Framework for Board Governanceoffers current and aspiring board members essential up-to-date governance guidance that blends rigorous research-based information with the wisdom...
View ArticleISE Recognized As Best Options Trading Venue At Wall Street Letter 2016...
The International Securities Exchange (ISE) today announced that it was named the “Best Options Trading Venue at the Wall Street Letter 2016 Institutional Trading Awards. In 2015, ISE achieved 100...
View ArticleNasdaq Announces Mid-Month Open Short Interest Positions In Nasdaq Stocks As...
At the end of the settlement date of February 12, 2016, short interest in 2,300 Nasdaq Global MarketSM securities totaled 8,298,190,416 shares compared with 8,204,510,918 shares in 2,297 Global Market...
View ArticleMNI India Business Sentiment Indicator: India Business Confidence Highest...
Indian business sentiment rose for the second consecutive month in February as companies increased production on the back of rising orders. The MNI India Business Sentiment Indicator, a gauge of...
View ArticleMNI Russia Business Sentiment Indicator: Russian Business Sentiment Up...
Russian business sentiment increased slightly in February but remained at a low level, as companies continued to face the negative impact of the weak currency. The MNI Russia Business Sentiment...
View ArticleUK Payment Systems Regulator: Banks Should Sell Their Stake In UK Payments...
The Payment Systems Regulator (PSR) has today published the provisional findings of its market review into the ownership and competitiveness of the infrastructure that supports the payments systems;...
View ArticleFlexTrade Integrates Symphonyâs Secure And Compliant Communications -...
FlexTrade Systems, a global leader in multi-asset execution and order management systems, today announced the integration of Symphony Communication Services LLC’s platform with FlexTRADER EMS. The...
View ArticleDubai Financial Market (DFM) Accredits âIntegrated Securitiesâ...
Dubai Financial Market (DFM) today announced that “Integrated Securities” has been accredited to provide Direct Market Access (DMA) for global brokers lifting the number of DMA service providers to 12...
View ArticleICAP Global Broking To Launch Iron Ore Volume Matching
ICAP plc (IAP.L), a leading markets operator and provider of post trade risk mitigation and information services, announces today that ICAP Global Broking intends to launch ‘Iron Ore Volume Matching’,...
View ArticleFidessa Named Best Sell-Side OMS - Scoops Markets Choice Award In New York
Fidessa group plc (LSE: FDSA) today announced that it has been named Best Sell-side Order Management System (OMS) provider at the 2016 Markets Choice awards. Organised by Markets Media, the awards were...
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