New: Local and Stochastic Volatility Under Stochastic Interest Rates Using...
Stochastic volatility, local volatility and stochastic interest rates are three of the most important extensions to the standard Black-Scholes framework. Although much work has been done on models...
View ArticleREVISION: The Use of Power Numeraires in Option Pricing
Power numeraires are defined. They are applied to the Black-Scholes model and the drift of the stock is derived. It is also shown how to use them to derive formulas for power options with barriers. A...
View ArticleAlpha Capture to Gain Momentum through Regional Expansion And Impact On...
As alpha capture has become an accepted and essential practice at top tier European banks, it is also evolving in how it operates within the larger compliance and surveillance framework. Taking note of...
View ArticleIMF Executive Board Adopts Decisions To Strengthen The Financial Stability In...
On February 3, 2017, the Executive Board of the International Monetary Fund (IMF) held its first formal discussion on Islamic banking (IB), and adopted a set of proposals on the role that the Fund...
View ArticleEFSF Raises €5 Billion In Two New Bond Deals
The European Financial Stability Facility (EFSF) on Tuesday raised €5 billion in a dual-tranche deal, issuing two new bonds with a respective maturity of 4 and 39 years.read more...
View ArticleWorld Federation Of Exchanges Responds To FSB Consultation On Continuity Of...
The World Federation of Exchanges (“WFE”), which represents more than 200 market infrastructure providers including exchanges and CCPs, has responded to a consultation from the Financial Stability...
View ArticleSEC to Host Crowdfunding Dialogue February 28
The Securities and Exchange Commission will host a crowdfunding symposium Feb. 28, covering research, challenges, opportunities, and the effects of securities-based crowdfunding on various market...
View ArticleAdvancing Innovation Roundtable Introduces Recommendations To Strengthen...
The Advancing Innovation Roundtable, an independent working group funded by TMX Group, today published a report on how to increase access to growth capital for Canadian innovation economy companies as...
View ArticleIn Partnership With Bloomberg Tadawul Organizes Investor Relations Workshops...
The Saudi Stock Exchange “Tadawul” hosted an awareness workshop on “Investor Relations Essentials”, targeting representatives of companies to be listed on Nomu-Parallel Market on the 26th of...
View ArticleBM&FBOVESPA Compensates Its Greenhouse Gas Emissions For The Fifth Year...
BM&FBOVESPA has compensated those of its greenhouse gas (GHG) emissions for 2015 that could not be reduced, thus becoming carbon neutral for another year. This initiative has been in existence...
View ArticleThomson Reuters Provides Financial Markets With Comprehensive European...
Thomson Reuters has launched a dedicated app on its flagship desktop product Eikon that provides financial professionals with a one-stop location for market and economic data, news, and analysis...
View ArticleReadout From A Treasury Spokesperson Of Secretary Mnuchin’s Call With...
U.S. Treasury Secretary Steven Mnuchin spoke by phone today with Mexican Secretary of Finance and Public Credit José Antonio Meade.read more...
View ArticleVienna Stock Exchange To Offer IT Solution Featuring MiFID II Compliance
MiFID II, the EU Directive for Markets in Financial Instruments will take effect at the beginning of 2018 and have a significant impact on pre-trade and post-trade transparency requirements for...
View ArticleESMA: Compliance Table For The Guidelines On Market Making Activities Under...
Guidelines compliance tableread more...
View ArticleReadout From A Treasury Spokesperson Of Secretary Mnuchin’s Call With...
U.S. Treasury Secretary Steven Mnuchin spoke by phone today with Christine Lagarde, Managing Director of the International Monetary Fund (IMF). read more...
View ArticleCanada's Joint Serious Offences Team Makes First Arrest In Fight Against...
The Alberta Securities Commission (ASC) and the Alberta RCMP announced today that Neil Andrew McDonald of Calgary has been charged with alleged breaches of the Criminal Code following an investigation...
View ArticleShould I Tell That Joke at Work?
The Wall Street Journal has a nice summary of recent research on humor in the workplace written by scholars Alison Wood Brooks and T. Bradford Bitterly. The scholars point out some of the positive...
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