Regulatory Notice 13-07
... question of fair markups (or spreads) is one for which there is no definitive answer or single interpretation because a markup that may be considered fair in one transaction could be unfair in another transaction, based on the different circumstances of the two transactions. The preamble also refers ...
... question of fair markups (or spreads) is one for which there is no definitive answer or single interpretation because a markup that may be considered fair in one transaction could be unfair in another transaction, based on the different circumstances of the two transactions. The preamble also refers ...
Price: $25.00 per share to yield 4.75% per annum
... the Corporation's management. The forward-looking information in this Prospectus Supplement and the Prospectus, including the documents incorporated herein and therein by reference, includes, but is not limited to, statements regarding: the Corporation's focus on the United States and Canada in the ...
... the Corporation's management. The forward-looking information in this Prospectus Supplement and the Prospectus, including the documents incorporated herein and therein by reference, includes, but is not limited to, statements regarding: the Corporation's focus on the United States and Canada in the ...
Hedge Funds and the Technology Bubble
... 1978 all institutions with more than $100 million under discretionary management are required to disclose their holdings to the SEC each quarter on form 13F. This concerns all long positions in section 13(f) securities greater than 10,000 shares or $200,000, over which the manager exercises sole or ...
... 1978 all institutions with more than $100 million under discretionary management are required to disclose their holdings to the SEC each quarter on form 13F. This concerns all long positions in section 13(f) securities greater than 10,000 shares or $200,000, over which the manager exercises sole or ...
Asset market participation and portfolio choice over the life-cycle
... to the (realistic) presence of human capital. As shown by Merton (1971), the presence of tradeable human capital in a complete market setting implies that since human capital is riskless and tradeable, it plays the same role as a large endowment of riskless bonds. It therefore creates a strong incen ...
... to the (realistic) presence of human capital. As shown by Merton (1971), the presence of tradeable human capital in a complete market setting implies that since human capital is riskless and tradeable, it plays the same role as a large endowment of riskless bonds. It therefore creates a strong incen ...
Prospectus - TransAlta
... TransAlta Corporation (the "Corporation") is hereby qualifying the distribution (the "Offering") of 6,000,000 cumulative redeemable rate reset first preferred shares, Series G ("Series G Shares") of the Corporation at a price of $25.00 per Series G Share. See "Details of the Offering" and "Plan of D ...
... TransAlta Corporation (the "Corporation") is hereby qualifying the distribution (the "Offering") of 6,000,000 cumulative redeemable rate reset first preferred shares, Series G ("Series G Shares") of the Corporation at a price of $25.00 per Series G Share. See "Details of the Offering" and "Plan of D ...
Somos Educação
... already signal better margins at Sigma/Motivo, whose margins have slumped of late. ...
... already signal better margins at Sigma/Motivo, whose margins have slumped of late. ...
Volume and Liquidity After Cross
... stock exchanges –– a fact for which a variety of reasons have been offered and explored (see Karolyi, 1998, and Pagano, Röell and Zechner 2002, among others). A motive often advanced for this decision is that a foreign listing facilitates trading by foreign investors and therefore tends to attract t ...
... stock exchanges –– a fact for which a variety of reasons have been offered and explored (see Karolyi, 1998, and Pagano, Röell and Zechner 2002, among others). A motive often advanced for this decision is that a foreign listing facilitates trading by foreign investors and therefore tends to attract t ...
Eighths, sixteenths, and market depth: changes in tick
... and e!ects of changes in tick size remain open to debate. Some, such as Hart (1993), Peake (1995), O'Connell (1997), and Ricker (1998), argue that smaller tick sizes bene"t liquidity demanders as competition between liquidity providers is likely to force a reduction in the bid}ask spread. Others, su ...
... and e!ects of changes in tick size remain open to debate. Some, such as Hart (1993), Peake (1995), O'Connell (1997), and Ricker (1998), argue that smaller tick sizes bene"t liquidity demanders as competition between liquidity providers is likely to force a reduction in the bid}ask spread. Others, su ...
Essilor (EI FP)-Buy: Bigger playing field becomes reality
... EUR27bn targeted market by 2018e. We believe that longer-term, Essilor could also decide to expand into contact lenses, which could be another attractive segment for the group, especially in China where there is a large number of people affected by myopia (estimated at c800m). The contact lenses mar ...
... EUR27bn targeted market by 2018e. We believe that longer-term, Essilor could also decide to expand into contact lenses, which could be another attractive segment for the group, especially in China where there is a large number of people affected by myopia (estimated at c800m). The contact lenses mar ...
Price Volatility, Trading Activity and Market Depth
... Taiwan Stock Index Futures (MSCITX), which contains 77 large capitalization stocks on the Taiwan stock exchange. Moreover, the TAIFEX offers the Taiwan Stock Exchange Capitalization Weighted Stock Index Futures (TX), which includes all of the stocks6 listed on the Taiwan Stock Exchange (TSE). Subseq ...
... Taiwan Stock Index Futures (MSCITX), which contains 77 large capitalization stocks on the Taiwan stock exchange. Moreover, the TAIFEX offers the Taiwan Stock Exchange Capitalization Weighted Stock Index Futures (TX), which includes all of the stocks6 listed on the Taiwan Stock Exchange (TSE). Subseq ...
SB-1 - Hong Kong Monetary Authority
... Licensed by or Registered with the SFC, issued and updated by the SFC from time to time; and ...
... Licensed by or Registered with the SFC, issued and updated by the SFC from time to time; and ...
Frequently Asked Questions about the FINRA Communication Rules
... FINRA Rule 2241(a)(11) defines a “Research Report” as any written (including electronic) communication that includes an analysis of equity securities of individual companies or industries (other than an open-end registered investment company that is not listed or traded on an exchange), and that pro ...
... FINRA Rule 2241(a)(11) defines a “Research Report” as any written (including electronic) communication that includes an analysis of equity securities of individual companies or industries (other than an open-end registered investment company that is not listed or traded on an exchange), and that pro ...
Financial Liberalization and Emerging Stock Market Volatility
... pre and post-change. Aggarwal et al. (1999) follow a different route and, instead of specifying a priori the dates of the breaks, they detect shifts in volatility from the data by using an iterated cumulative sum of squares (ICSS) algorithm. This procedure identifies the points of shocks or sudden ch ...
... pre and post-change. Aggarwal et al. (1999) follow a different route and, instead of specifying a priori the dates of the breaks, they detect shifts in volatility from the data by using an iterated cumulative sum of squares (ICSS) algorithm. This procedure identifies the points of shocks or sudden ch ...
Answers to Questions
... A business combination is the process of forming a single economic entity by the uniting of two or more organizations under common ownership. The term also refers to the entity that results from this process. (1) A statutory merger is created whenever two or more companies come together to form a bu ...
... A business combination is the process of forming a single economic entity by the uniting of two or more organizations under common ownership. The term also refers to the entity that results from this process. (1) A statutory merger is created whenever two or more companies come together to form a bu ...
Mergers and Acquisitions
... takeover bids. The Panel's rules, the City Code on Takeovers and Mergers, regulate the takeover process. It requires, for example, that all shareholders must be given the same information, and the target company should not take any action to frustrate an offer (e.g. use poison pills) without allowin ...
... takeover bids. The Panel's rules, the City Code on Takeovers and Mergers, regulate the takeover process. It requires, for example, that all shareholders must be given the same information, and the target company should not take any action to frustrate an offer (e.g. use poison pills) without allowin ...
The Term Structure of the Risk-Return Tradeoff
... This paper examines the implications for risk across investment horizons of time variation in investment opportunities. To this end we propose an empirical model that is able to capture the complex dynamics of expected returns and risk, yet is simple to apply in practice. Specifically, we model int ...
... This paper examines the implications for risk across investment horizons of time variation in investment opportunities. To this end we propose an empirical model that is able to capture the complex dynamics of expected returns and risk, yet is simple to apply in practice. Specifically, we model int ...
SME Exchanges in Emerging Market Economies
... I. Context: Setting the Stage for SME Exchanges in Emerging Market Countries Small and Medium Enterprises (SMEs) play a strong role in economic development in many countries around the world. Over the years, numerous countries and exchanges have approached the World Bank Group (WBG) asking for advi ...
... I. Context: Setting the Stage for SME Exchanges in Emerging Market Countries Small and Medium Enterprises (SMEs) play a strong role in economic development in many countries around the world. Over the years, numerous countries and exchanges have approached the World Bank Group (WBG) asking for advi ...
1 AS FILED WITH THE SECURITIES AND EXCHANGE
... 10,715,000 SHARES [SKECHERS U.S.A. INC.] CLASS A COMMON STOCK -----------------------This is the initial public offering of Skechers U.S.A., Inc. Of the 10,715,000 shares of Class A common stock being offered, we are offering 8,925,000 shares and the selling stockholders named on page 74 in the sect ...
... 10,715,000 SHARES [SKECHERS U.S.A. INC.] CLASS A COMMON STOCK -----------------------This is the initial public offering of Skechers U.S.A., Inc. Of the 10,715,000 shares of Class A common stock being offered, we are offering 8,925,000 shares and the selling stockholders named on page 74 in the sect ...
Day Trading Skill 110523
... analyze the day trading of Small Order Execution System (SOES) bandits using trading records from two brokers. To do so, they analyze roughly 20,000 trades over a threeweek period. Though the SOES traders lose money almost as frequently as they make money, they earn a small average profit per trade. ...
... analyze the day trading of Small Order Execution System (SOES) bandits using trading records from two brokers. To do so, they analyze roughly 20,000 trades over a threeweek period. Though the SOES traders lose money almost as frequently as they make money, they earn a small average profit per trade. ...
株券等の大量保有の状況の開示に関する内閣府令
... acquired the company's Share Certificates, etc. jointly with another Officer or employee of the company (limited to the acquisition under a certain program wherein the Share Certificates, etc. are continuously acquired without depending on the individual's investment decisions, and wherein the amoun ...
... acquired the company's Share Certificates, etc. jointly with another Officer or employee of the company (limited to the acquisition under a certain program wherein the Share Certificates, etc. are continuously acquired without depending on the individual's investment decisions, and wherein the amoun ...
Veritiv Corp (Form: 424B3, Received: 11/15/2016 16
... described or referred to under the heading "Risk Factors" beginning on page 1 of the accompanying prospectus and the other information included in this prospectus supplement, the accompanying prospectus, the documents incorporated by reference herein and therein, including our Annual Report on Form ...
... described or referred to under the heading "Risk Factors" beginning on page 1 of the accompanying prospectus and the other information included in this prospectus supplement, the accompanying prospectus, the documents incorporated by reference herein and therein, including our Annual Report on Form ...
collective investment schemes in emerging markets
... The CIS sector is characterized by a lot of risk to the investors which include inter alia conflict of interest, weak regulators, theft, misappropriation of assets, and deliberate abuse of the law by market players. Many investors have suffered significant financial loss while they trusted their adv ...
... The CIS sector is characterized by a lot of risk to the investors which include inter alia conflict of interest, weak regulators, theft, misappropriation of assets, and deliberate abuse of the law by market players. Many investors have suffered significant financial loss while they trusted their adv ...
to Official Notice - The Stock Exchange of Mauritius
... (ii) the listing of up to 425,342,317 ordinary shares of BLL on the Official Market of the Stock Exchange of Mauritius Ltd following the above amalgamation, which will involve the migration of BLL from the DEM to the Official Market and consequently, the withdrawal of BLL from the DEM. 2. Suspension ...
... (ii) the listing of up to 425,342,317 ordinary shares of BLL on the Official Market of the Stock Exchange of Mauritius Ltd following the above amalgamation, which will involve the migration of BLL from the DEM to the Official Market and consequently, the withdrawal of BLL from the DEM. 2. Suspension ...
The swapito strikes back - BNP Paribas GlobalMarkets
... Markets Act 2000 (Financial Promotion) Order 2005, and at other persons to whom it may lawfully be communicated (together “Relevant Persons”) under the regulations of any relevant jurisdiction. Any investment or investment activity to which this document relates is available only to and will be enga ...
... Markets Act 2000 (Financial Promotion) Order 2005, and at other persons to whom it may lawfully be communicated (together “Relevant Persons”) under the regulations of any relevant jurisdiction. Any investment or investment activity to which this document relates is available only to and will be enga ...
Multimarket Trading and Market Liquidity Author(s): Bhagwan
... in derivative securities, such as futures and options. An investor with private information about a stock could trade, for example, on one or more exchanges on which the stock is listed, while simultaneously trading in off-the-exchange markets and options markets. All this trading should be thought ...
... in derivative securities, such as futures and options. An investor with private information about a stock could trade, for example, on one or more exchanges on which the stock is listed, while simultaneously trading in off-the-exchange markets and options markets. All this trading should be thought ...