![The Art and Science of Economics](http://s1.studyres.com/store/data/012318671_1-7b890b9bcc9133f6fcc22bc098d25ece-300x300.png)
AGENDA ITEM
... While there are reasons for this strong trend in profitability, such as the decline in the strength of organised labour in the face of global competition, particularly from low cost producers, it is always dangerous in a market to say it is different this time. However, most markets are still tradin ...
... While there are reasons for this strong trend in profitability, such as the decline in the strength of organised labour in the face of global competition, particularly from low cost producers, it is always dangerous in a market to say it is different this time. However, most markets are still tradin ...
The list of Financial inst The list of Financial instruments trading
... The list of Financial instruments trading places of JSC "Meridian Trade Bank" JSC "Meridian Trade Bank" is a member of stock exchange and is entitled to direct access to: Riga Stock Exchange/ NASDAQ OMX Group. JSC "Meridian Trade Bank" has access to the following trading places through stockbrokers: ...
... The list of Financial instruments trading places of JSC "Meridian Trade Bank" JSC "Meridian Trade Bank" is a member of stock exchange and is entitled to direct access to: Riga Stock Exchange/ NASDAQ OMX Group. JSC "Meridian Trade Bank" has access to the following trading places through stockbrokers: ...
OCA - Federation of European Securities Exchanges
... • Will there be any regulatory spill-overs (such as class actions, extraterritorial enforcement or prior regulatory alignment) that could impact Europe’s competitiveness? ...
... • Will there be any regulatory spill-overs (such as class actions, extraterritorial enforcement or prior regulatory alignment) that could impact Europe’s competitiveness? ...
Robust measurement of implied correlations
... avtor: Daniël Linders, University of Leuven, Belgija ˝Correlations between asset prices play an important role in various risk management and pricing problems. Implied correlations which are moving towards 1 indicate that the diversification benefit one can obtain by composing a portfolio, is evapor ...
... avtor: Daniël Linders, University of Leuven, Belgija ˝Correlations between asset prices play an important role in various risk management and pricing problems. Implied correlations which are moving towards 1 indicate that the diversification benefit one can obtain by composing a portfolio, is evapor ...
Hong Kong`s strengths as an international financial centre
... The willingness of market participants to use the market in Hong Kong is a more difficult issue. This is particularly so when there are already established international markets elsewhere. For example, why should a textile manufacturer, who needs to lock-in a particular price for his cotton (and the ...
... The willingness of market participants to use the market in Hong Kong is a more difficult issue. This is particularly so when there are already established international markets elsewhere. For example, why should a textile manufacturer, who needs to lock-in a particular price for his cotton (and the ...
Document
... • Order flow is a long memory process • The origin is delayed market clearing and hidden orders • Hidden order size is very broadly distributed • Heterogeneity of market participants plays a key role in explaining fat tails of hidden order size ...
... • Order flow is a long memory process • The origin is delayed market clearing and hidden orders • Hidden order size is very broadly distributed • Heterogeneity of market participants plays a key role in explaining fat tails of hidden order size ...
Points to Remember:
... Some of the other differences between perfect competition and monopoly: o Perfectly competitive firms are price-takers whereas monopolists are price-setters o There are no barriers to entry/exit in a perfectly competitive market, but they exist in the monopoly market o The products offered by firms ...
... Some of the other differences between perfect competition and monopoly: o Perfectly competitive firms are price-takers whereas monopolists are price-setters o There are no barriers to entry/exit in a perfectly competitive market, but they exist in the monopoly market o The products offered by firms ...
ADDING COLOUR AND CONSCIENCE TO MARKETS:
... world cotton market passed with distinction at New York University in 2005 and won the best dissertation award in social sciences from Middle East Studies Association. His research maps global markets as articulated in different locales. A certificated commodity futures and options trader, Caliskan ...
... world cotton market passed with distinction at New York University in 2005 and won the best dissertation award in social sciences from Middle East Studies Association. His research maps global markets as articulated in different locales. A certificated commodity futures and options trader, Caliskan ...
Video Answers for Teachers
... They make sure firms are following rules and regulations that are in place. Brokerage firms also doing the right things for their clients; They require broker dealers to take examinations. They do market surveillance on the exchange markets. ...
... They make sure firms are following rules and regulations that are in place. Brokerage firms also doing the right things for their clients; They require broker dealers to take examinations. They do market surveillance on the exchange markets. ...
Can Asia`s financial markets continue to grow without AEV`s
... This information is provided for informational purposes only. It does not take into account the particular investment objectives, financial situation, or needs of any individual or entity. Under no circumstances is it to be used or considered as an offer to purchase or sell any security, or as a sol ...
... This information is provided for informational purposes only. It does not take into account the particular investment objectives, financial situation, or needs of any individual or entity. Under no circumstances is it to be used or considered as an offer to purchase or sell any security, or as a sol ...
Competition and Regulation in Trading Arenas
... nefariously, some broker-dealers may use this information to trade ahead of the larger trade--front running. In this environment, institutions are naturally reluctant to display a bid or an offer of size to the market, even though if their orders are anonymous. Institutions will go to great length ...
... nefariously, some broker-dealers may use this information to trade ahead of the larger trade--front running. In this environment, institutions are naturally reluctant to display a bid or an offer of size to the market, even though if their orders are anonymous. Institutions will go to great length ...
Tom Lawless
... Look around in region – can you use them? This is a volume business – harness economies of ...
... Look around in region – can you use them? This is a volume business – harness economies of ...
Chapter 259 South African Rand/US Dollar (ZAR/USD)
... Interpretations & Special Notices Section of Chapter 5. A Person seeking an exemption from position limits for bona fide commercial purposes shall apply to the Market Regulation Department on forms provided by the Exchange, and the Market Regulation Department may grant qualified exemptions in its s ...
... Interpretations & Special Notices Section of Chapter 5. A Person seeking an exemption from position limits for bona fide commercial purposes shall apply to the Market Regulation Department on forms provided by the Exchange, and the Market Regulation Department may grant qualified exemptions in its s ...
Demutualizing African Stock Exchanges
... Improved governance Investor participation Competition Globalization and consolidation Unlocking stock exchange value ...
... Improved governance Investor participation Competition Globalization and consolidation Unlocking stock exchange value ...
2010 Flash Crash
![](https://commons.wikimedia.org/wiki/Special:FilePath/2010_flash_crash.jpg?width=300)
The May 6, 2010, Flash Crash also known as The Crash of 2:45, the 2010 Flash Crash or simply the Flash Crash, was a United States trillion-dollar stock market crash, which started at 2:32 and lasted for approximately 36 minutes. Stock indexes, such as the S&P 500, Dow Jones Industrial Average and Nasdaq 100, collapsed and rebounded very rapidly.The Dow Jones Industrial Average had its biggest intraday point drop (from the opening) up to that point, plunging 998.5 points (about 9%), most within minutes, only to recover a large part of the loss. It was also the second-largest intraday point swing (difference between intraday high and intraday low) up to that point, at 1,010.14 points. The prices of stocks, stock index futures, options and ETFs were volatile, thus trading volume spiked. A CFTC 2014 report described it as one of the most turbulent periods in the history of financial markets.On April 21, 2015, nearly five years after the incident, the U.S. Department of Justice laid ""22 criminal counts, including fraud and market manipulation"" against Navinder Singh Sarao, a trader. Among the charges included was the use of spoofing algorithms; just prior to the Flash Crash, he placed thousands of E-mini S&P 500 stock index futures contracts which he planned on canceling later. These orders amounting to about ""$200 million worth of bets that the market would fall"" were ""replaced or modified 19,000 times"" before they were canceled. Spoofing, layering and front-running are now banned.The Commodity Futures Trading Commission (CFTC) investigation concluded that Sarao ""was at least significantly responsible for the order imbalances"" in the derivatives market which affected stock markets and exacerbated the flash crash. Sarao began his alleged market manipulation in 2009 with commercially available trading software whose code he modified ""so he could rapidly place and cancel orders automatically."" Traders Magazine journalist, John Bates, argued that blaming a 36-year-old small-time trader who worked from his parents' modest stucco house in suburban west London for sparking a trillion-dollar stock market crash is a little bit like blaming lightning for starting a fire"" and that the investigation was lengthened because regulators used ""bicycles to try and catch Ferraris."" Furthermore, he concluded that by April 2015, traders can still manipulate and impact markets in spite of regulators and banks' new, improved monitoring of automated trade systems.As recently as May 2014, a CFTC report concluded that high-frequency traders ""did not cause the Flash Crash, but contributed to it by demanding immediacy ahead of other market participants.""Recent research shows that Flash Crashes are not isolated occurrences, but have occurred quite often over the past century. For instance, Irene Aldridge, the author of High-Frequency Trading: A Practical Guide to Algorithmic Strategies and Trading Systems, 2nd ed., Wiley & Sons, shows that Flash Crashes have been frequent and their causes predictable in market microstructure analysis.