Why Long-Term Debt Instruments Cannot Be Deposit Substitutes....
The definition of deposit substitutes in Philippine tax law fails to consider the maturity of a debt instrument. This makes it possible for long-term bonds to be considered as deposit substitutes if...
View ArticleDe Facto Control: Applying Game Theory to the Law on Corporate Nationality....
One unexamined assumption in foreign ownership regulation is the notion that majority voting rights translate to 'effective control'. This assumption is so deeply entrenched in foreign investments law...
View ArticleNo arbitrage and lead-lag relationships. (arXiv:1712.09854v1 [q-fin.MF])
The existence of time-lagged cross-correlations between the returns of a pair of assets, which is known as the lead-lag relationship, is a well-known stylized fact in financial econometrics. Recently...
View ArticleAccelerators in macroeconomics: Comparison of discrete and continuous...
We prove that the standard discrete-time accelerator equation cannot be considered as an exact discrete analog of the continuous-time accelerator equation. This leads to fact that the standard...
View ArticleAn Artificial Neural Network-based Stock Trading System Using Technical...
In this paper, a neural network-based stock price prediction and trading system using technical analysis indicators is presented. The model developed first converts the financial time series data into...
View ArticleEconomic interpretation of fractional derivatives. (arXiv:1712.09575v1...
An economic interpretation of the Caputo derivatives of non-integer orders is proposed. The suggested economic interpretation of the fractional derivatives is based on a generalization of average and...
View ArticleClosed-minded Experts
Experts can be quite closed-minded at times. They exhibit overconfidence and a bias toward the status quo. Victor Ottati and his colleagues have documented evidence of what they call the âEarned...
View ArticleNational Settlement Depository Begins Assigning FISN In Accordance With ISO...
National Settlement Depository (NSD), acting in compliance with ISO 18774, has started assigning FISNs (Financial Instrument Short Names) to securities and related financial instruments.read more...
View ArticleHKEX: Temporary Holiday Risk Management Arrangements - Special Intra-Day...
The Traded Options Market will be closed for business on 1 January 2018. In order to assure that safeguards are in place against potential market risk that may arise during the aforesaid period when...
View ArticlePress Conference By Taro Aso, Deputy Prime Minister, Minister Of Finance, And...
I have a question about Bitcoin. In the U.S. the listing of Bitcoin futures have been approved, and it has been announced that its trading will begin in Chicago on the 10th. However, Japan Exchange...
View ArticleMNI Chicago Business Barometer: December Chicago Business Barometer Rises To...
The MNI Chicago Business Barometer rose to 67.6 in December, up from 63.9 in November, closing the year at the highest level since March 2011.read more...
View ArticleMoscow Exchange: New Exchange Council Appointed, Andrey Zvyozdochkin Elected...
The Moscow Exchange Supervisory Board has approved 25 new members of the Exchange Council. read more...
View ArticleFitch Ratings Review Of Grupo BMV's Derivatives Clearing House Asigna
On December 15, 2017, the credit rating agency Fitch Ratings ratified Asigna's, credit ratings, according to the following:read more...
View ArticleNew Transactions Reporting Services (ARM) And Trade Reporting Services (APA)...
The Athens Exchange informs that following today's Decision 805/28.12.2017 of the HCMC Board, it is compliant with the requirements of the MiFID II Directive 2014/65 EC for the provision of data...
View ArticleFINRA Sanctions Citigroup Global Markets Inc. $11.5 Million For Displaying...
The Financial Industry Regulatory Authority (FINRA) announced today it has fined Citigroup Global Markets Inc. (CGMI) $5.5 million and required the firm to pay at least $6 million in compensation to...
View ArticleCboe Global Markets Announces Changes In Boards Of Its U.S. Securities...
Cboe Global Markets, Inc. (Cboe: CBOE | Nasdaq: CBOE), one of the world's largest exchange holding companies, today announced changes in the membership of the boards of its six U.S. securities...
View ArticleAvoiding Digital Feudalism Built on Blockchains
Blockchains may be transformative for society, but if that's the case, we should ask what society will remain, regulator Cab Morris argues.
View ArticleIndian Finance Ministry: Cryptocurrencies Are 'Like Ponzi Schemes'
The India government doubled down its skepticism over cryptocurrencies, calling them like "Ponzi Schemes."
View ArticleNew Year's Resolutions!
Since the new year is just around the corner, I thought it would be appropriate to re-post last year's blog about New Year's Resolutions. Hope you find it useful, and that you enjoy a happy and...
View ArticleSEC: Annual Staff Reports On Credit Rating Agencies Show Improvements
Credit rating agencies under Securities and Exchange Commission oversight show improved compliance, increased information technology resources, and continued competition, according to two SEC staff...
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