Testimony Of U.S. Department Of The Treasury Fiscal Assistant Secretary David...
Chairman Hurd and Ranking Member Kelly of the Subcommittee on Information Technology, and Chairman Meadows and Ranking Member Connolly of the Subcommittee on Government Operations, thank you for...
View ArticleRisk Aversion and Catastrophic Risks: the Pill Experiment....
This article focuses on the work of O. Chanel and G. Chichilnisky (2013) on the flaws of expected utility theory while assessing the value of life. Expected utility is a fundamental tool in decision...
View ArticleRegime switching vine copula models for global equity and volatility indices....
For nearly every major stock market there exist equity and implied volatility indices. These play important roles within finance: be it as a benchmark, a measure of general uncertainty or a way of...
View ArticleOptimal investment and consumption with downside risk constraint in...
This paper extends the results of the article [C. Kl\"{u}ppelberg and S. M. Pergamenchtchikov. Optimal consumption and investment with bounded downside risk for power utility functions. In Optimality...
View ArticleDuality in nondominated discrete-time models for Americain options....
We aim to generalize the duality results of Bouchard and Nutz (2015) to the case of American options. By introducing an enlarged canonical space, we reformulate the superhedging problem for American...
View ArticleCapital Pricing in Margin Periods of Risk and Repo KVA. (arXiv:1604.05406v1...
The presence of hedging errors is practically a norm of derivatives businesses. Using the unhedgeable gap risk during a margin period of risk as a starting point, this article introduces a reserve...
View ArticleRepo Haircuts and Economic Capital. (arXiv:1604.05404v1 [q-fin.PR])
This article presents a model of haircuts and economic capital for repo. We propose a credit approach to solve haircuts such that the exposure to market risk meets a prescribed credit rating scale...
View ArticleDalian Commodity Exchange, Inner Mongolia Government Sign Strategic...
On April 15, Dalian Commodity Exchange (DCE) and the Government of Inner Mongolia signed a strategic cooperation memorandum at Dalian Futures Building. Yun Guangzhong, vice chairman of Inner Mongolia...
View ArticleASIC Welcomes Significant Reforms
ASIC today welcomed the Government’s announcement of major additional funding for the regulator.read more...
View ArticleClik here to view.
Clik here to view.
Clik here to view.
Clik here to view.
Clik here to view.
Japan's Financial Services Agency: Exchange Of Letters On Cooperation In The...
The Financial Services Agency (FSA) and the Certified Public Accountants and Auditing Oversight Board (CPAAOB) exchanged the Letters on cooperation in the area of audit oversight with the Haut Conseil...
View ArticleClik here to view.
SIX Swiss Exchange: Trading Commences On XBTR, A Bilateral Trading Platform...
On April 15 trading commenced on XBTR, the bilateral trading platform for structured products from SIX Swiss Exchange. The two participants of the platform, Leonteq and Credit Suisse became the first...
View ArticleMoscow Exchange: New Screen For Market Data
Moscow Exchange switches to a new screen displaying online market data and end-of-day results to finalise the transfer to domain name moex.com. To view the new screen, please visit...
View ArticleKenyaâs Capital Markets Authority Launches International Certification...
As part of its drive to enhance the positioning of Kenya as a premier investment destination, the Capital Markets Authority (CMA) has launched international certification standards for practitioners in...
View Article