II. Damages - Internet Legal Research Group
... Formation in general Price - note that a minimum price will prevent a gap filler from being used - no offer to sell Place of delivery Timing of delivery and notice of termination Certainty and choice of terms, effect of performance or reliance Output, requirements, exclusive dealings contracts ...
... Formation in general Price - note that a minimum price will prevent a gap filler from being used - no offer to sell Place of delivery Timing of delivery and notice of termination Certainty and choice of terms, effect of performance or reliance Output, requirements, exclusive dealings contracts ...
Pilot Measures for the Asset Management Services of Fund
... The asset manager shall deposit the client’s capital entrusted during the initial sales term of the asset management plan into the special-purpose account. No institution or individual may use such capital before the end of the initial sales of such asset management plan. Article 22 Where, at the ex ...
... The asset manager shall deposit the client’s capital entrusted during the initial sales term of the asset management plan into the special-purpose account. No institution or individual may use such capital before the end of the initial sales of such asset management plan. Article 22 Where, at the ex ...
Estimating a Structural Model of Herd Behavior in Financial Markets
... the possibility that informed traders may receive noisy signals, and that they may …nd it optimal to ignore them and engage in herd behavior. In this circumstance, the sequence by which trades arrive in the market does matter: in contrast to Easley et al. (1997), we cannot estimate our model using o ...
... the possibility that informed traders may receive noisy signals, and that they may …nd it optimal to ignore them and engage in herd behavior. In this circumstance, the sequence by which trades arrive in the market does matter: in contrast to Easley et al. (1997), we cannot estimate our model using o ...
Supply, Demand and Market Equilibrium
... How do you get contracts to sell? • There are two ways to buy contracts – Buy a bundle of contracts from the market • each market has a set of contracts • only one will pay $1, all others pay 0$ • keep the contracts that you think will pay off and sell the others ...
... How do you get contracts to sell? • There are two ways to buy contracts – Buy a bundle of contracts from the market • each market has a set of contracts • only one will pay $1, all others pay 0$ • keep the contracts that you think will pay off and sell the others ...
How Derivatives Changed the "Business of Banking"
... Dance Into the Abyss, 43 AM. U. L. REv. 1023, 1026 (1994). An underlying asset can be a security, an index, a commodity price, an interest or currency exchange rate, or any other relationship that can be measured and assigned a value. While some derivatives are traded on exchanges, most derivatives ...
... Dance Into the Abyss, 43 AM. U. L. REv. 1023, 1026 (1994). An underlying asset can be a security, an index, a commodity price, an interest or currency exchange rate, or any other relationship that can be measured and assigned a value. While some derivatives are traded on exchanges, most derivatives ...
Price Impact of Block Trades in the Saudi Stock Market
... of stocks from the decision of large traders to initiate buy or sell trades. The information effect uses the identity of traders and the size of the transaction as proxies for the information content of the trade. A permanent price change is expected to be associated with informed trading which subs ...
... of stocks from the decision of large traders to initiate buy or sell trades. The information effect uses the identity of traders and the size of the transaction as proxies for the information content of the trade. A permanent price change is expected to be associated with informed trading which subs ...
Option Spread and Combination Trading
... There is no separate determination of the separate prices of the call and put making up the straddle. Also, since the time of the trade is not recorded, we do not know the exact price of the underlying Eurodollar futures at the time of the trade unless the order includes a simultaneous futures trans ...
... There is no separate determination of the separate prices of the call and put making up the straddle. Also, since the time of the trade is not recorded, we do not know the exact price of the underlying Eurodollar futures at the time of the trade unless the order includes a simultaneous futures trans ...
The Term Structure of the Risk-Return Tradeoff
... simplicity, we show unconditional average portfolio allocations rather than the full range of allocations that would be optimal under different market conditions. The concept of a term structure of the risk-return tradeoff is conceptually appealing but, strictly speaking, is only valid for buy-and- ...
... simplicity, we show unconditional average portfolio allocations rather than the full range of allocations that would be optimal under different market conditions. The concept of a term structure of the risk-return tradeoff is conceptually appealing but, strictly speaking, is only valid for buy-and- ...
Circular 2018/2 Duty to report securities transactions Duty to
... both when executed via a trading venue and when definitively allocated to clients. A direct placement to the client without booking to the nostro account requires only one report. The report on interal client allocations must be submitted before the close of trading on the following trading day at t ...
... both when executed via a trading venue and when definitively allocated to clients. A direct placement to the client without booking to the nostro account requires only one report. The report on interal client allocations must be submitted before the close of trading on the following trading day at t ...
WEB NOTES - Pearson Higher Education
... Considerations partly of justice and partly of presumable intention are to tell us whether this or that promise shall be placed in one class or in another. The simple and the uniform will call for different remedies from the multifarious and the intricate. The margin of departure within the range of ...
... Considerations partly of justice and partly of presumable intention are to tell us whether this or that promise shall be placed in one class or in another. The simple and the uniform will call for different remedies from the multifarious and the intricate. The margin of departure within the range of ...
Word - Washington University School of Law
... (ii) Right to terminate @ will without notice = lack of mutuality of obligation, and voids the contract for lack of consideration 1. UCC 2-309: termination by 1 party, except in the event of an agreed event happening to terminate agreement, requires reasonable notification of the other party, and an ...
... (ii) Right to terminate @ will without notice = lack of mutuality of obligation, and voids the contract for lack of consideration 1. UCC 2-309: termination by 1 party, except in the event of an agreed event happening to terminate agreement, requires reasonable notification of the other party, and an ...
PRINCIPLES OF FINANCIAL ENGINEERING
... Market professionals and investors take long and short positions on elementary assets such as stocks, default-free bonds and debt instruments that carry a default risk. There is also a great deal of interest in trading currencies, commodities, and, recently, volatility. Looking from the outside, an ...
... Market professionals and investors take long and short positions on elementary assets such as stocks, default-free bonds and debt instruments that carry a default risk. There is also a great deal of interest in trading currencies, commodities, and, recently, volatility. Looking from the outside, an ...
Maker-Taker Pricing Effects on Market Quotations
... high access fee when trading with these orders, brokers and proprietary traders typically routed their taking orders first to traditional-fee exchanges (and off exchange-dealers) when the same prices were available at these other trading venues. The standing orders at maker-taker exchanges thus usua ...
... high access fee when trading with these orders, brokers and proprietary traders typically routed their taking orders first to traditional-fee exchanges (and off exchange-dealers) when the same prices were available at these other trading venues. The standing orders at maker-taker exchanges thus usua ...
Primary Market
... Low quality firms with speculative credit rating were able to issue marketable debt as well. (previously, they relied on short-term ...
... Low quality firms with speculative credit rating were able to issue marketable debt as well. (previously, they relied on short-term ...
Liquidation in the Face of Adversity: Stealth Versus Sunshine Trading
... are made on the temporary nature of the price impact. Interestingly, the impact of stock sales in markets that do not suffer from extreme cash outflows appears to be predominantly permanent, resulting in profitable predatory trading opportunities for insiders. Our research builds on previous work in ...
... are made on the temporary nature of the price impact. Interestingly, the impact of stock sales in markets that do not suffer from extreme cash outflows appears to be predominantly permanent, resulting in profitable predatory trading opportunities for insiders. Our research builds on previous work in ...
strAtegIc FINANcIAL MANAgeMeNt (sFM)
... benefits receivable thereon over the economic life of the asset or project for which investments are made. Estimating cost is relatively easier as it is made in the current period, but estimating benefits is very difficult as it relates to future period involving risk and uncertainty. For estimating ...
... benefits receivable thereon over the economic life of the asset or project for which investments are made. Estimating cost is relatively easier as it is made in the current period, but estimating benefits is very difficult as it relates to future period involving risk and uncertainty. For estimating ...
Liquidity Risk and Asset Pricing
... (4) the yield spreads on corporate bonds, (5) the returns on hedge funds, (6) the valuation of closed-end funds, and (7) the low price of certain hard-to-trade securities relative to more liquid counterparts with identical cash flows, such as restricted stocks or illiquid derivatives. ...
... (4) the yield spreads on corporate bonds, (5) the returns on hedge funds, (6) the valuation of closed-end funds, and (7) the low price of certain hard-to-trade securities relative to more liquid counterparts with identical cash flows, such as restricted stocks or illiquid derivatives. ...
PDF
... The main goal of previous research was to analyze the performance of advisory services as a group and less attention was given to differences in performance across services. In this context, an important unanswered question is whether there are unique characteristics of services that can be used to ...
... The main goal of previous research was to analyze the performance of advisory services as a group and less attention was given to differences in performance across services. In this context, an important unanswered question is whether there are unique characteristics of services that can be used to ...
Asset Valuation Policy
... If the STC Board, its Investment Committee, Risk, Audit and Compliance Committee or STC’s management determines, a full independent valuation may be conducted in response to events that have the potential to materially change an asset’s or group of assets’ value. The resulting valuation(s) will be u ...
... If the STC Board, its Investment Committee, Risk, Audit and Compliance Committee or STC’s management determines, a full independent valuation may be conducted in response to events that have the potential to materially change an asset’s or group of assets’ value. The resulting valuation(s) will be u ...
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... Singapore on the other hand has a very small, inactive and less developed share market because it lacks any incentive to issue large amounts of public debt; the consistent budget surplus means that companies in Singapore are able to borrow money from the banks at reasonable rates of interest. Howeve ...
... Singapore on the other hand has a very small, inactive and less developed share market because it lacks any incentive to issue large amounts of public debt; the consistent budget surplus means that companies in Singapore are able to borrow money from the banks at reasonable rates of interest. Howeve ...
Hedging With Futures Contract
... been criticized for not taking into account the expected return which is inconsistent with the mean-variance framework. Since the selection of a hedge ratio is dependent on the hedgers’ objective in the hedging position, this will be different for various participants in the carbon market. For exam ...
... been criticized for not taking into account the expected return which is inconsistent with the mean-variance framework. Since the selection of a hedge ratio is dependent on the hedgers’ objective in the hedging position, this will be different for various participants in the carbon market. For exam ...
The Round-the-Clock Market for US Treasury Securities
... Secondary trading in U.S. Treasury securities occurs primarily in an over-the-counter market rather than through an organized exchange.3 Although 1,700 brokers and dealers trade in the secondary market, the 39 primary government securities dealers account for the majority of trading volume (Appendix ...
... Secondary trading in U.S. Treasury securities occurs primarily in an over-the-counter market rather than through an organized exchange.3 Although 1,700 brokers and dealers trade in the secondary market, the 39 primary government securities dealers account for the majority of trading volume (Appendix ...
The Usefulness of Derivative Disclosures by Chinese Listed
... related information disclosed in companies' annual reports with the developed disclosure index that is largely based upon IFRS and lAS provisions. The study has found: First, the level of the compliance with IFRS and lAS derivative regulations by Chinese quoted companies is generally low. Second, Ch ...
... related information disclosed in companies' annual reports with the developed disclosure index that is largely based upon IFRS and lAS provisions. The study has found: First, the level of the compliance with IFRS and lAS derivative regulations by Chinese quoted companies is generally low. Second, Ch ...
Common Option Strategies - NYU Stern School of Business
... Tucker is also a principal of Marshall, Tucker & Associates, LLC, a financial engineering and derivatives consulting firm with offices in New York, Chicago, Boston, San Francisco and Philadelphia. Dr. Tucker was the founding editor of the Journal of Financial Engineering, published by the Internatio ...
... Tucker is also a principal of Marshall, Tucker & Associates, LLC, a financial engineering and derivatives consulting firm with offices in New York, Chicago, Boston, San Francisco and Philadelphia. Dr. Tucker was the founding editor of the Journal of Financial Engineering, published by the Internatio ...
Contracts - Eisenberg - 2004 Spring - outline 2
... of termination, no K actually exists; but made an implied promise to give him a chance in good faith to show his stuff, and he relies on that promise. Relief may be limited to damages measured by the promisee’s reliance: not what he would have earned from but what he lost in quitting the job he ...
... of termination, no K actually exists; but made an implied promise to give him a chance in good faith to show his stuff, and he relies on that promise. Relief may be limited to damages measured by the promisee’s reliance: not what he would have earned from but what he lost in quitting the job he ...