Euronext Announces Annual Review Of The AEX, AMX And AScX
Euronext, the leading exchange in the Eurozone, today announces the results of the annual review of the AEX®, AMX®and AScX®indices. The changes due to the review will be effective from Monday 21 March...
View ArticleSEC: Insider Traders Returning Illegal Profits And Kickbacks
The Securities and Exchange Commission today announced that a Florida man trading on inside information ahead of a pharmaceutical company merger and a friend who tipped him have agreed to settle...
View ArticleSIFMA Research: Long Term Securities Issuance Increases 7.1% In 2015 To $6.7...
SIFMA issued its Research Quarterly for the fourth quarter and full year of 2015 today. The report notes long-term securities issuance totaled $1.48 trillion in 4Q'15, an 8.5 percent decline from...
View ArticleCFTC Financial Data For Futures Commission Merchants Update
This information has recently been updated, and is now available.read more...
View ArticleCalPERS Settles Moody's Negligent Ratings Case For Record $130 Million
The California Public Employees' Retirement System (CalPERS) today announced it has settled its case against Moody's and Moody's Investors' Services (Moody's) for a record $130 million. The case...
View ArticleSIFMA Market Close Recommendations For The Good Friday And UK Easter Monday...
SIFMA has confirmed its previous holiday recommendations for the trading of U.S. dollar-denominated fixed-income securities in the US, the UK, and Japan in observance of the Good Friday and UK Easter...
View ArticleCFTC Swaps Report Update
CFTC's Weekly Swaps Report has been updated, and is now available.read more...
View ArticleSEC: Tech Company Misled Investors About Key Product
The Securities and Exchange Commission today announced that a developer of technologies for touchscreen devices has agreed to pay $750,000 to settle charges that it misled investors about the...
View ArticleMIAX Options Exchange - Mandatory Market Data Feed Migration (ToM, MOR, AIS)
MIAX Options will be migrating the following feeds to conform with the most recent interface specification versions supporting Complex Orders. This migration is scheduled for completion prior to...
View ArticleSEC To Hold National Compliance Outreach Seminar For Investment Companies And...
The Securities and Exchange Commission today announced the opening of registration for its compliance outreach program’s national seminar for investment companies and investment advisers. The event is...
View ArticleDeutsche Börse AG To Divest International Securities Exchange...
Deutsche Börse AG (“Deutsche Börse”) and NASDAQ, Inc. (“NASDAQ”) have today entered into an agreement regarding the sale of International Securities Exchange Holdings, Inc. (“ISE”), operator of three...
View ArticleCME Group Announces Singaporean Team Wins 13th Annual Trading Challenge -...
CME Group, the world's leading and most diverse derivatives marketplace, today announced the winners of its 13th annual CME Group Trading Challenge, including the first-place winners from Nanyang...
View ArticleCapital Valuation Adjustment and Funding Valuation Adjustment....
In the aftermath of the 2007 global financial crisis, banks started reflecting into derivative pricing the cost of capital and collateral funding through XVA metrics. Here XVA is a catch-all acronym...
View ArticleInteracting Default Intensity with Hidden Markov Process. (arXiv:1603.02902v1...
In this paper we consider a reduced-form intensity-based credit risk model with a hidden Markov state process. A filtering method is proposed for extracting the underlying state given the observation...
View ArticleSmall-time asymptotics for basket options -- the bi-variate SABR model and...
We compute a sharp small-time estimate for the price of a basket call under a bi-variate SABR model with both $\beta$ parameters equal to $1$ and three correlation parameters, which extends the work of...
View ArticleLibor at crossroads: stochastic switching detection using information theory...
This paper studies the 28 time series of Libor rates, classified in seven maturities and four currencies), during the last 14 years. The analysis was performed using a novel technique in financial...
View ArticleConvex duality in optimal investment and contingent claim valuation in...
This paper studies convex duality in optimal investment and contingent claim valuation in markets where traded assets may be subject to nonlinear trading costs and portfolio constraints. Under fairly...
View ArticleGeneral dynamic term structures under default risk. (arXiv:1603.03198v1...
We consider the problem of modelling the term structure of bonds subject to default risk, under minimal assumptions on the default time. In particular, we do not assume the existence of a default...
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New Book Offers Front-line Industry Insider's Look at FinTech Explosion
A new wave of companies changing the way people pay, send money, borrow, lend, and invest are on the rise. A new book titled, The FINTECH Book, by Susanne Chishti and Janos Barberis explores the...
View ArticleSEC Charges Oregon-Based Investment Group And Executives With Defrauding...
The Securities and Exchange Commission today charged an Oregon-based investment group and three top executives with hiding the rapidly deteriorating financial condition of its enterprise while raising...
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