ASIC Releases Report Highlighting Significant Failures In The Retail OTC...
ASIC today released a report detailing the findings of a recent surveillance program and identifying some serious and widespread compliance failures in the retail over-the-counter (OTC) derivatives...
View ArticleBetter Corporate Governance Key To Attracting Investors To Taiwanâs...
The adoption of best practice information disclosure will be essential for attracting more investment to the promising semiconductor, biotechnology and automotive companies listed on the Taiwan Stock...
View ArticleEurex Clearing Enhances The Marketplace For Securities Lending Central Clearing
The securities lending business turns gradually into a centrally cleared segment. “The impact of regulation and the increasing cost of capital, combined with the drive for operational efficiency,...
View ArticleDubai Financial Services Authority Hosts Annual Supervision Outreach Session
The Dubai Financial Services Authority (DFSA) held its Annual Supervision Outreach Session last month to discuss key regulatory priorities and issues. The event brought together various speakers from...
View ArticleCEGH To Join PEGAS Platform
Parisian-based Powernext SA and the Austrian Central European Gas Hub AG (CEGH) have signed an agreement to jointly develop the Austrian as well as the Central and Eastern European (CEE) gas markets....
View ArticleHKEX To Work To Revise Its Stock Option Position Limit Model
Hong Kong Exchanges and Clearing Limited (HKEX) announced today (Monday) that it will work to revise its stock option position limit (SOPL) model.read more...
View ArticleDubai Financial Market: Comprising The Rights Issues Of Ajman Bank, Dubai...
Dubai Financial Market (DFM) has recorded AED 527 million of trading in Rights Issues of three listed companies since the beginning of 2016. The Rights Issues are for Ajman Bank, Dubai Parks &...
View ArticleEuropean Investment Bank And Funding Circle Announce Groundbreaking...
The European Investment Bank today agreed a £100 million investment in loans to UK small businesses originated through Funding Circle, the world’s leading marketplace for business loans. This...
View ArticleWSE Open To Cooperation With Chinese Investors
The Warsaw Stock Exchange and Haitong Bank have signed a cooperation agreement. In order to support both parties development, the agreement provides for mutual exchange of information about the...
View ArticleEuronext: Cerinnov Accelerates Growth On Alternext - â¬9.2 Million...
EnterNext, the Euronext subsidiary dedicated to promoting and growing the market for small and medium-sized companies (SMEs), today welcomed Cerinnov, a specialist in robotic engineering and industrial...
View ArticleMcObject Accelerates eXtremeDB Financial Editionâs Database Clustering...
McObject®, developer of the eXtremeDB® Financial Edition database management system (DBMS), and Mellanox, a leading supplier of end-to-end Ethernet and InfiniBand interconnect solutions and services,...
View ArticleFESE Announces The Winner Of The Josseph De La Vega Prize 2016
The Federation of European Securities Exchanges (FESE) is delighted to announce that this year's winners of the De la Vega Prize 2016 areMarlene D. Haas and Marius A. Zoican for their paper "Discrete...
View ArticleAre State and Time Dependent Models Really Different? -- by Fernando E....
Yes, but only for large monetary shocks. In particular, we show that in a broad class of models where shocks have continuous paths, the propagation of a monetary impulse is independent of the nature of...
View ArticleDo Credit Card Companies Screen for Behavioral Biases? -- by Hong Ru,...
We look at the supply side of the credit card market to analyze the pricing and marketing strategies of credit card offers. First, we show that card issuers target less-educated customers with more...
View ArticleOptimal Automatic Stabilizers -- by Alisdair McKay, Ricardo Reis
Should the generosity of unemployment benefits and the progressivity of income taxes depend on the presence of business cycles? This paper proposes a tractable model where there is a role for social...
View ArticleNew Innovations in Payments -- by Marc Rysman, Scott Schuh
We discuss prospects for innovation in consumer payment instruments. We discuss recent research into consumer payments and what can be learned about consumer behavior towards new payment options. We...
View ArticleConsumption Network Effects -- by Giacomo De Giorgi, Anders Frederiksen,...
In this paper we study consumption network effects. Does the consumption of our peers affect our own consumption? How large is such effect? What are the economic mechanisms behind it? We use long panel...
View ArticleThe Staying Power of Staggered Wage and Price Setting Models in...
After many years, many critiques, and many variations, the staggered wage and price setting model is still the most common method of incorporating nominal rigidities into empirical macroeconomic models...
View ArticleEquity is Cheap for Large Financial Institutions: The International Evidence...
Equity is a cheap source of funding for a country's largest financial institutions. In a large panel of 31 countries, we find that the stocks of a country's largest financial companies earn returns...
View ArticleHousing and Macroeconomics -- by Monika Piazzesi, Martin Schneider
This paper surveys the literature on housing in macroeconomics. We first collect facts on house prices and quantities in both the time series and the cross section of households and housing markets. We...
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