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Specific parameters for the Liquidity Provider Raiffeisen Centrobank
Specific parameters for the Liquidity Provider Raiffeisen Centrobank

... Minimum volume corresponding to the firm bid-ask quote applies to every limit order in the firm offer, respectively 500 instruments for the buy order and 500 instruments for the sell order. Note2: The responsibility of the Liquidity Provider to provide the minimum volume correspondent to the ask quo ...
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David Aranzabal

... Time flexibility is a great advantage for people with various schedules and allows for adaptation to everyone's day ...
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DAINAM Securities

... growth.Jobless claims rose by 2,000 to 279,000 in the week ended June 6, a Labor Department report showed Thursday in Washington. The median forecast of 48 economists surveyed by Bloomberg called for 275,000. The four-week average of initial applications also crept up. The data indicate employers ar ...
slides - Nicole Immorlica
slides - Nicole Immorlica

View PDF Report
View PDF Report

... in the process of replacing its CHESS (Clearing House Electronic Subregister System). CHESS was initially developed by ASX more than 20 years ago to enable the conversion of physical shares into an electronic format. ...
Emerging Markets presentation. - Undergraduate Investment Society
Emerging Markets presentation. - Undergraduate Investment Society

... S Investments produce returns in origin country’s currency S Investors must convert to realize gains in USD S Currency fluctuations can impact total returns of security ...
Lecture 02 - Basics of Investing I
Lecture 02 - Basics of Investing I

... Supply and Demand! (What affects supply / demand of a stock?) ...
Job Title: Trading Compliance Officer Location: Downtown
Job Title: Trading Compliance Officer Location: Downtown

... We are located in downtown Vancouver at the Bentall One Building (corner of Burrard and Pender), two blocks away from the Burrard Skytrain station. Qualified candidates are asked to submit their resume with cover letter in confidence to. www.qtrade.ca/careers. Candidates must have legal work authori ...
TO: NYSE Listed Company Executives FROM: NYSE Regulation, Inc
TO: NYSE Listed Company Executives FROM: NYSE Regulation, Inc

... continues after 4:00 p.m. ET on other exchanges, if a listed company releases material news immediately after the NYSE close there can be significant price movement on other markets when compared to the last sale price on the Exchange. The result, therefore, is that a DMM can be executing trades at ...
mfin202sampletest2
mfin202sampletest2

... C. 1. What dividend yield would be reported in the financial press for a stock that currently pays a $1 dividend per quarter and the most recent stock price was $40? A. 2.5% B. 4.0% C. 10.0% D. 15.0% B. 2. Which of the following observations provides evidence against strong-form market efficiency? A ...
Rupee likely to show upward movement According to Lt Col Ajay
Rupee likely to show upward movement According to Lt Col Ajay

... Rupee likely to show upward movement According to Lt Col Ajay CEO www.astromoneyguru.com -Financial astrology today bullion and crude oil are looking positive during day trading in Asian future market. Indian bullion may show firm opening. But as per finical astrology some profit booking also expect ...
Foreign Exchange (FX) Market
Foreign Exchange (FX) Market

... Network of financial institutions and brokers in which individuals, businesses, banks, and governments buy and sell the currencies of different countries The liquidity of the market provides businesses with access to international markets for goods and services by providing foreign currency necessar ...
Why Do People Trade? - Ethiopia Commodity Exchange
Why Do People Trade? - Ethiopia Commodity Exchange

... who want to sell or buy at a particular time or location. This is also called providing liquidity to the market. Put another way, clients pay dealers to take marketing problems off of their hands. Brokers are agents who arrange trade for their clients. Unlike dealers, brokers do not trade directly ...
College of Business Trading Room LCD Stock Ticker
College of Business Trading Room LCD Stock Ticker

... theories they have been taught. There is also a Bloomberg Certification which students will be able to  acquire  while  enrolled  here  offering  another  way  for  graduates  to  stand  out while  involved  in  the  job  search.  The  trading  room  and  Bloomberg  terminals  are  not  simply  focu ...
my presentation - Fuller Treacy Money
my presentation - Fuller Treacy Money

... economy was in severe recession, or perhaps even worse. ...
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File - BSC Economics

... a) A corporation's stock is traded in an over-the-counter market. b) People buy shares in a mutual fund. c) A pension fund manager buys commercial paper in the secondary market. d) An insurance company buys shares of common stock in the over-the-counter markets. e) None of the above. 9) Which of the ...
A look at trading volumes in the euro
A look at trading volumes in the euro

... Monthly averages of daily spot transactions, in billions of US dollars ...
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T Group LTD - The Trade Representation of the Russian Federation

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Carmel Cahill, Volatility in agricultural commodity markets: Towards some policy responses
Carmel Cahill, Volatility in agricultural commodity markets: Towards some policy responses

Tips for Investors in Volatile Markets
Tips for Investors in Volatile Markets

... deviation of the return of an investment. Standard deviation is a statistical concept that denotes the amount of variation or deviation that might be expected. For example, the S&P 500 has a standard deviation around 15% while a guaranteed investment like a bank account has a standard deviation of z ...
Stocks
Stocks

... • NASDAQ Stock Market- free stock quotes, stock exchange prices, stock market news, and online stock trading tools • AMEX American stock exchange- has about 800 stocks that are generally smaller and less actively traded • Specialists- traders who help to make a market in one or more stocks by taking ...
Abstract
Abstract

... the price process are extended to this setting. In the case where the price n process is a ∪∞ n=1 R -valued piecewise Itô process, straightforward functionally generated relative arbitrage is found to be less readily available than in n-dimensional Itô process models. In 1999 Robert Fernholz obser ...
News as rtf
News as rtf

... Trade Registration Services for the whole derivatives curve, from daily up to yearly maturities. In addition, the exchange offers location spread trading between Spain and France as well as Italy and France. Furthermore, EEX trading participants can trade options on the Baseload Futures (Month, Quar ...
Chapter 3: How Securities are Traded
Chapter 3: How Securities are Traded

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Buyside Traders Want SEC to Press Exchanges and Dark Pools for
Buyside Traders Want SEC to Press Exchanges and Dark Pools for

... disclosure process would certainly help. Comparing and contrasting existing disclosures and then challenging any differences among providers is cumbersome and time consuming. There are a few providers who offer their own standardized ‘checklist’ for wider dissemination; but again, this lack of stand ...
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Algorithmic trading

Algorithmic trading, also called algo trading and blackbox trading, encompasses trading systems that are heavily reliant on complex mathematical formulas and high-speed, computer programs to determine trading strategies. These strategies use electronic platforms to enter trading orders with an algorithm which executes pre-programmed trading instructions accounting for a variety of variables such as timing, price, and volume. Algorithmic trading is widely used by investment banks, pension funds, mutual funds, and other buy-side (investor-driven) institutional traders, to divide large trades into several smaller trades to manage market impact and risk.Algorithmic trading may be used in any investment strategy or trading strategy, including market making, inter-market spreading, arbitrage, or pure speculation (including trend following). The investment decision and implementation may be augmented at any stage with algorithmic support or may operate completely automatically.Many types of algorithmic or automated trading activities can be described as high-frequency trading (HFT), which is a specialized form of algorithmic trading characterized by high turnover and high order-to-trade ratios. As a result, in February 2012, the Commodity Futures Trading Commission (CFTC) formed a special working group that included academics and industry experts to advise the CFTC on how best to define HFT. HFT strategies utilize computers that make elaborate decisions to initiate orders based on information that is received electronically, before human traders are capable of processing the information they observe. Algorithmic trading and HFT have resulted in a dramatic change of the market microstructure, particularly in the way liquidity is provided.Profitability projections by the TABB Group, a financial services industry research firm, for the US equities HFT industry were US$1.3 billion before expenses for 2014, significantly down on the maximum of US$21 billion that the 300 securities firms and hedge funds that then specialized in this type of trading took in profits in 2008, which the authors had then called ""relatively small"" and ""surprisingly modest"" when compared to the market's overall trading volume. In March 2014, Virtu Financial, a high-frequency trading firm, reported that during five years the firm as a whole was profitable on 1,277 out of 1,278 trading days, losing money just one day, empirically demonstrating the law of large numbers benefit of trading thousands to millions of tiny, low-risk and low-edge trades every trading day.A third of all European Union and United States stock trades in 2006 were driven by automatic programs, or algorithms. As of 2009, studies suggested HFT firms accounted for 60-73% of all US equity trading volume, with that number falling to approximately 50% in 2012. In 2006, at the London Stock Exchange, over 40% of all orders were entered by algorithmic traders, with 60% predicted for 2007. American markets and European markets generally have a higher proportion of algorithmic trades than other markets, and estimates for 2008 range as high as an 80% proportion in some markets. Foreign exchange markets also have active algorithmic trading (about 25% of orders in 2006). Futures markets are considered fairly easy to integrate into algorithmic trading, with about 20% of options volume expected to be computer-generated by 2010. Bond markets are moving toward more access to algorithmic traders.Algorithmic trading and HFT have been the subject of much public debate since the U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission said in reports that an algorithmic trade entered by a mutual fund company triggered a wave of selling that led to the 2010 Flash Crash. The same reports found HFT strategies may have contributed to subsequent volatility by rapidly pulling liquidity from the market. As a result of these events, the Dow Jones Industrial Average suffered its second largest intraday point swing ever to that date, though prices quickly recovered. (See List of largest daily changes in the Dow Jones Industrial Average.) A July, 2011 report by the International Organization of Securities Commissions (IOSCO), an international body of securities regulators, concluded that while ""algorithms and HFT technology have been used by market participants to manage their trading and risk, their usage was also clearly a contributing factor in the flash crash event of May 6, 2010."" However, other researchers have reached a different conclusion. One 2010 study found that HFT did not significantly alter trading inventory during the Flash Crash. Some algorithmic trading ahead of index fund rebalancing transfers profits from investors.
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