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Non-concave optimal investment and no-arbitrage: a measure theoretical...

We consider non-concave and non-smooth random utility functions with do- main of definition equal to the non-negative half-line. We use a dynamic pro- gramming framework together with measurable...

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Credit risk and companies' inter-organizational networks: Assessing impact of...

Companies do not operate in a vacuum. As companies move towards an increasingly specialized production function and their reach is becoming truly global, their aptitude in managing and shaping their...

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Solar energy production: Short-term forecasting and risk management....

Electricity production via solar energy is tackled via short-term forecasts and risk management. Our main tool is a new setting on time series. It allows the definition of "confidence bands" where the...

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Financial Services Associations Submit Comments On TLAC Requirement To Help...

SIFMA, The Clearing House, the American Bankers Association, the Financial Services Roundtable, and the Financial Services Forum submitted comments to the Federal Reserve in response to its proposal to...

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Tokyo Stock Exchange: Approval Of Initial Programâs Listing (TOKYO...

Today, Tokyo Stock Exchange approved a program listing application from Santander Consumer Finance, S.A. for listing on the professional-oriented TOKYO PRO-BOND Market.read more...

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New: The Use of Power Numeraires in Option Pricing

Power numeraires are defined. They are applied to the Black--Scholes model and the drift of the stock is derived. It is also shown how to use them to derive formulas for power options with barriers. A...

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Bursa Malaysia Berhad Announces Appointment Of Director To Its Subsidiaries

Bursa Malaysia Berhad announced the appointment of Mr. Kuok Wee Kiat as a Director to the Board of Directors of its subsidiaries, Bursa Malaysia Securities Berhad and its clearing house, Bursa Malaysia...

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Japan Exchange Group: Appointment Of Executive Officers And Change In...

Japan Exchange Group (JPX), Inc., Tokyo Stock Exchange, Inc., andOsaka Exchange, Inc. decided on new executive officers, changes in titles of executive officers, andareas of responsibility under the...

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UK's Financial Conduct Authority Fines And Restricts W H Ireland Limited For...

The Financial Conduct Authority (FCA) has fined W H Ireland Limited (WHI) £1.2million. The firm is also restricted for a period of 72 days from taking on new clients in its corporate broking...

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Frost Consulting Launches Valuation & Budgeting Software For Investment...

Frost Consulting today launched FrostRB, a research valuation & budgeting software platform which gives asset managers the ability to establish monetary (dollar) values for specific unpriced...

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Deutsche Börse And Vienna Stock Exchange Extend Trading...

Vienna Stock Exchange will continue to use Deutsche Börse’s trading technology. Both exchanges extended their contract by a further six years, at least until 2021. The co-operation partners of Vienna...

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HKEx: Arrangements For Adjustment Of Hang Seng Bank Limited Structured...

Hong Kong Exchanges and Clearing Limited (HKEX) has announced the arrangements for the adjustment to Hang Seng Bank Limited (Hang Seng) structured products, futures and options to account for Hang...

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Frenemies: how impartial is shareholder voting between finance organisations?

Financial sector firms are unique in that their major institutional shareholders may also be their competitors. This research looks into how this relationship affects shareholder voting, and what it...

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Statement of Commissioner Bowen before the Technology Advisory Committee Meeting

Statement of Commissioner Bowen before the Technology Advisory Committee Meeting

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Opening Statement of Commissioner J. Christopher Giancarlo before the CFTC...

Opening Statement of Commissioner J. Christopher Giancarlo before the CFTC Technology Advisory Committee Meeting

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FSB Releases Report On Possible Measures Of Non-Cash Collateral Re-Use

The Financial Stability Board (FSB) published today its report Possible Measures of Non-Cash Collateral Re-Use.read more...

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Joint Statement On U.S.-EU Negotiations For A Bilateral Agreement On...

The United States and the European Union today released the following joint statement on negotiations for a bilateral agreement on insurance and reinsurance measures.  In November 2015, the U.S....

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Professor MaÅgorzata Zaleska Elected Chairperson Of KDPW Supervisory Board

Professor Małgorzata Zaleska, President of the Warsaw Stock Exchange (GPW), has been elected Chairperson of the Supervisory Board of Krajowy Depozyt Papierów Wartościowych (Central Securities...

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Opening Statement Of CFTC Chairman Timothy Massad Before The CFTC Technology...

Thank you all very much for taking the time to be here today, particularly those of you who have flown in from across the country.read more...

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Nigerian Stock Exchange National Council Renews CEOâs Contract For A...

The Nigerian Stock Exchange (“The Exchange” or “NSE”) is pleased to announce that its National Council has approved the renewal of contract of employment for Mr. Oscar N. Onyema, OON for another term...

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