GFI Group Inc. (Form: 10-K, Received: 03/13/2015
... services for our institutional wholesale customers by either matching their trading needs with counterparties having reciprocal interests or directing their orders to an exchange or other trading venue. We have focused historically on more complex, and often less commoditized, markets for sophistica ...
... services for our institutional wholesale customers by either matching their trading needs with counterparties having reciprocal interests or directing their orders to an exchange or other trading venue. We have focused historically on more complex, and often less commoditized, markets for sophistica ...
MICRON TECHNOLOGY INC (Form: 10-K, Received: 10/28/2013 16
... Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to su ...
... Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to su ...
Can Risks Be Reduced in the Derivatives Market
... derivatives market is an important axis of the capital market. In the United States, the promotion of OTC derivatives is a requisite for the economic system, the development of the capital market, and the reinforcement of the functions of the investment banks in the securities industry. 26 However, ...
... derivatives market is an important axis of the capital market. In the United States, the promotion of OTC derivatives is a requisite for the economic system, the development of the capital market, and the reinforcement of the functions of the investment banks in the securities industry. 26 However, ...
Revenue Sharing Fund Families
... based upon the number or aggregate value of client positions and the levels of service provided. We process transactions with most fund families on an omnibus basis, which means we consolidate our clients’ trades into one daily trade with the fund, and therefore maintain all pertinent individual sha ...
... based upon the number or aggregate value of client positions and the levels of service provided. We process transactions with most fund families on an omnibus basis, which means we consolidate our clients’ trades into one daily trade with the fund, and therefore maintain all pertinent individual sha ...
5.45% Series J Cumulative Preferred Stock
... amended (the “1940 Act”). The Fund’s primary investment objective is to achieve long term growth of capital by investing primarily in a portfolio of equity securities consisting of common stock, preferred stock, convertible or exchangeable securities, and warrants and rights to purchase such securit ...
... amended (the “1940 Act”). The Fund’s primary investment objective is to achieve long term growth of capital by investing primarily in a portfolio of equity securities consisting of common stock, preferred stock, convertible or exchangeable securities, and warrants and rights to purchase such securit ...
Monte Carlo Simulation in Financial Valuation
... so as to estimate the probability distribution. This is useful when the model cannot be studied analytically. There are several problems in finance where Monte Carlo simulation is useful, see e.g. Glasserman [1]. This paper uses a simple equity growth model to simulate the future equity, earnings an ...
... so as to estimate the probability distribution. This is useful when the model cannot be studied analytically. There are several problems in finance where Monte Carlo simulation is useful, see e.g. Glasserman [1]. This paper uses a simple equity growth model to simulate the future equity, earnings an ...
Form 424B3 WILLIAMS COMPANIES INC
... amount to be redeemed plus accrued and unpaid interest to, but not including, the date of redemption if the closing price of our common stock on the New York Stock Exchange has exceeded 130% of the conversion price for at least 20 trading days in the preceding period of 30 consecutive trading days, ...
... amount to be redeemed plus accrued and unpaid interest to, but not including, the date of redemption if the closing price of our common stock on the New York Stock Exchange has exceeded 130% of the conversion price for at least 20 trading days in the preceding period of 30 consecutive trading days, ...
Regulation and Market Liquidity - University of British Columbia
... Our biggest empirical challenge is the unknown timing of regulatory impact due to the protracted process of rulemaking and the associated anticipatory responses and lagging reactions of market participants. For example, the Volcker Rule took almost four years to finalize, with the deadline being pos ...
... Our biggest empirical challenge is the unknown timing of regulatory impact due to the protracted process of rulemaking and the associated anticipatory responses and lagging reactions of market participants. For example, the Volcker Rule took almost four years to finalize, with the deadline being pos ...
Investor Preferences and Demand for Active Management
... options on S&P 500 index. Our results indicate that, unlike their passive counterparts, actively managed large-growth funds tend to have significantly positive loadings on returns of ATM calls, while actively managed large-value funds have significantly positive loadings on straddle returns. It is ...
... options on S&P 500 index. Our results indicate that, unlike their passive counterparts, actively managed large-growth funds tend to have significantly positive loadings on returns of ATM calls, while actively managed large-value funds have significantly positive loadings on straddle returns. It is ...
Smart Beta - A referential guide for institutional investors
... © 2014 Northern Trust Corporation. Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A. Incorporated with limited liability in the U.S. Products and services provided by subsidiaries of Northern Trust Corporation may vary in different markets and are offered in accordance with local ...
... © 2014 Northern Trust Corporation. Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A. Incorporated with limited liability in the U.S. Products and services provided by subsidiaries of Northern Trust Corporation may vary in different markets and are offered in accordance with local ...
ROYAL BANK OF CANADA
... The initial estimated value of the Securities as of the date of this document is $9.6521 per $10 in principal amount, which is less than the price to public. The actual value of the Securities at any time will reflect many factors, cannot be predicted with accuracy, and may be less than this amount. ...
... The initial estimated value of the Securities as of the date of this document is $9.6521 per $10 in principal amount, which is less than the price to public. The actual value of the Securities at any time will reflect many factors, cannot be predicted with accuracy, and may be less than this amount. ...
HP INC (Form: 10-K, Received: 12/15/2016 16:48:55)
... We are a leading global provider of products, technologies, software, solutions and services to individual consumers, small- and medium-sized businesses (“SMBs”) and large enterprises, including customers in the government, health and education sectors. HP was incorporated in 1947 under the laws of ...
... We are a leading global provider of products, technologies, software, solutions and services to individual consumers, small- and medium-sized businesses (“SMBs”) and large enterprises, including customers in the government, health and education sectors. HP was incorporated in 1947 under the laws of ...
Low volatility anomaly and mutual fund allocations - Aalto
... beta stocks experience lower absolute returns than suggested by the CAPM, whereas low beta stocks deliver higher absolute returns than the CAPM predicts. In other words, this means that the security market line which describes the relationship between risk and expected return was too flat relative t ...
... beta stocks experience lower absolute returns than suggested by the CAPM, whereas low beta stocks deliver higher absolute returns than the CAPM predicts. In other words, this means that the security market line which describes the relationship between risk and expected return was too flat relative t ...
insider trading how jurisdictions regulate it report of the
... an inquiry into whether investors actually have an opportunity to make investment decisions taking such information into account. This inquiry is particularly relevant in jurisdictions that do not require issuers to follow any special procedure for making information public. In such a case, an “arti ...
... an inquiry into whether investors actually have an opportunity to make investment decisions taking such information into account. This inquiry is particularly relevant in jurisdictions that do not require issuers to follow any special procedure for making information public. In such a case, an “arti ...
More Finance Questions
... ____ 16. ZZL Corporation has the opportunity to undertake an investment project that will cost $20,000 today. If the interest rate is 20 percent and if the project will yield the company $30,000 in 3 years, then ZZL will undertake the project. ____ 17. Risk aversion simply means that people dislike ...
... ____ 16. ZZL Corporation has the opportunity to undertake an investment project that will cost $20,000 today. If the interest rate is 20 percent and if the project will yield the company $30,000 in 3 years, then ZZL will undertake the project. ____ 17. Risk aversion simply means that people dislike ...
THE IMPACT OF MINIMUM INVESTMENT BARRIERS ON SHORT END OF PERFORMANCE?
... At the time that the SEC report was released in 2003, concerns about the welfare of less sophisticated, retail investors were identified but not considered to be too material. Since then, hedge fund industry assets have expanded much more rapidly than were anticipated, as have cases of fraud. The nu ...
... At the time that the SEC report was released in 2003, concerns about the welfare of less sophisticated, retail investors were identified but not considered to be too material. Since then, hedge fund industry assets have expanded much more rapidly than were anticipated, as have cases of fraud. The nu ...
CTAs: Shedding light on the black box
... capture ratio (vs CTA indices). We therefore seek maximum convexity and capital efficiency when considering single programs for an allocation to a portfolio to maximize the benefits of ‘CTA-ness’. We define in some detail what we mean by ‘CTA-ness’ and why we think it's important (and, as an aside, ...
... capture ratio (vs CTA indices). We therefore seek maximum convexity and capital efficiency when considering single programs for an allocation to a portfolio to maximize the benefits of ‘CTA-ness’. We define in some detail what we mean by ‘CTA-ness’ and why we think it's important (and, as an aside, ...
Does the Market Risk Premium (MRP) Change Over Time?
... Regulators who make decisions based on rational models of MRP may not be able to attract sufficient capital Firms making rational investment decisions will not be able to meet market expectations July 2011 ...
... Regulators who make decisions based on rational models of MRP may not be able to attract sufficient capital Firms making rational investment decisions will not be able to meet market expectations July 2011 ...
Arbitrage Opportunities
... in the FX market is an example of perfect substitutes with convertibility and is not affected by these traditional impediments to arbitrage We explicitly model the process by which arbitrageurs trade upon observing a violation of an arbitrage parity. Each arbitrageur maximizes her trading profits, ...
... in the FX market is an example of perfect substitutes with convertibility and is not affected by these traditional impediments to arbitrage We explicitly model the process by which arbitrageurs trade upon observing a violation of an arbitrage parity. Each arbitrageur maximizes her trading profits, ...
HOW STOCKBROKERS COULD REDUCE THEIR
... Statement will list all outstanding deliveries to Broker 88 and the amount involved. Broker 88 will hold, as a consequence, unknown quantities of scrip to, this far in the analysis, an unknown value. The above method would presumably be introduced for one only or a few stocks so that the system and ...
... Statement will list all outstanding deliveries to Broker 88 and the amount involved. Broker 88 will hold, as a consequence, unknown quantities of scrip to, this far in the analysis, an unknown value. The above method would presumably be introduced for one only or a few stocks so that the system and ...
Mutual Fund Performance and the Incentive to Generate Alpha
... folio management services, or a packaged bundle of portfolio management and investment advice. Not surprisingly, the two types of funds are targeted at different types of investors. According to an Investment Company Institute (ICI) survey, 51% of mutual fund shareholders indicate that they have an ...
... folio management services, or a packaged bundle of portfolio management and investment advice. Not surprisingly, the two types of funds are targeted at different types of investors. According to an Investment Company Institute (ICI) survey, 51% of mutual fund shareholders indicate that they have an ...
Annual Meeting of Stockholders - CVS Health Annual Meeting of
... We continue to remain focused on our three pillars that maximize stockholder value. First, we drive productive, longterm growth as evidenced by our solid increases in revenues, operating profit and earnings per share. Second, we generate substantial levels of free cash flow, providing a solid platfo ...
... We continue to remain focused on our three pillars that maximize stockholder value. First, we drive productive, longterm growth as evidenced by our solid increases in revenues, operating profit and earnings per share. Second, we generate substantial levels of free cash flow, providing a solid platfo ...
Stock trader
A stock trader or equity trader or share trader is a person or company involved in trading equity securities. Stock traders may be an agent, hedger, arbitrageur, speculator, stockbroker or investor. A stock investor is an individual or company who puts money to use by the purchase of equity securities, offering potential profitable returns, as interest, income, or appreciation in value (capital gains). This buy-and-hold long term strategy is passive in nature, as opposed to speculation, which is typically active in nature. Many stock speculators will trade bonds (and possibly other financial assets) as well. Stock speculation is a risky and complex occupation because the direction of the markets are generally unpredictable and lack transparency, also financial regulators are sometimes unable to adequately detect, prevent and remediate irregularities committed by malicious listed companies or other financial market participants. In addition, the financial markets are usually subjected to speculation.