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U.S. Justice Department: Former Autonomy CFO Charged With Wire Fraud -...

A federal grand jury indicted Sushovan Hussain, 52, a citizen and resident of the United Kingdom, with conspiracy to commit wire fraud and multiple counts of wire fraud.  According to the indictment...

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Boutique Prime Broker Linear Investments To Use TFG Financial Systems For...

Linear Investments, the FCA-approved boutique prime broker, has appointed TFG Financial Systems for the provision of real-time margin reporting. In addition, TFG will be adding its trademark real-time...

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SEC: Statement On Juryâs Verdict In Insider Trading Case Against...

"We are pleased that the jury found the two defendants liable for insider trading.  While employed at Intermune, Dr. Sasan Sabdaran learned highly confidential information that was not to be disclosed...

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CFTC Commitments Of Traders Reports Update

The current reports for the week of November 8, 2016 are now available.read more...

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Remarks By U.S. Treasury Acting Under Secretary Adam Szubin At The ABA/ABA...

Thank you, Rob, for your kind introduction and thank you to the American Bankers Association and American Bar Association for inviting me to speak today.  I recognize many of you from last year’s...

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Remarks Of CFTC Chairman Timothy Massad Before The CME Global Financial...

Thank you very much. It is an honor to be here. It’s also a challenge to speak at this point in the program. First, you have the fact that preceding me were former Speaker John Boehner, Chuck Todd,...

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London Champions Green Finance On The Global Stage

The UK leads the world in Green Finance because of the City’s mix of expertise and innovation, according to a report published by the City of London Corporation’s Green Finance Initiative today (11...

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SEC Chair Mary Jo White Announces Departure Plans - Strengthened Protections...

SEC Chair Mary Jo White, after nearly four years as the agency’s head, today announced that she intends to leave at the end of the Obama Administration.  Under Chair White’s leadership, the Commission...

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Nasdaq Names Adena Friedman Chief Executive Officer - Robert Greifeld Nasdaq...

Nasdaq is today announcing its Board of Directors has named Adena Friedman President and Chief Executive Officer, and she will also join the Board of Directors, effective January 1, 2017.read more...

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Predictable Forward Performance Processes: The Binomial Case....

We introduce a new class of forward performance processes that are predictable with regards to an underlying filtration and are updated in discrete time. Such performance criteria may accommodate...

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Regularization and analytic option pricing under $\alpha$-stable distribution...

We consider a non-Gaussian option pricing model, into which the underlying log-price is assumed to be driven by an $\alpha$-stable distribution. We remove the a priori divergence of the model by...

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How the interbank market becomes systemically dangerous: an agent-based...

Assessing the stability of economic systems is a fundamental research focus in economics, that has become increasingly interdisciplinary in the currently troubled economic situation. In particular,...

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Immediate price impact of a stock and its warrant: Power-law or logarithmic...

Based on the order flow data of a stock and its warrant, the immediate price impacts of market orders are estimated by two competitive models, the power-law model (PL model) and the logarithmic model...

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Time-varying return predictability in the Chinese stock market....

China's stock market is the largest emerging market all over the world. It is widely accepted that the Chinese stock market is far from efficiency and it possesses possible linear and nonlinear...

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Another UK Broker Moves Back-Office System To Torstoneâs Inferno

Liberum, a leading pan European investment bank signed a multi-year deal with Torstone Technology to use Inferno in July and went live last week, implementing a complete back office system within 4...

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SIX Is New Partner Of ETH ZISC

Data protection and security are of utmost importance to SIX as the main infrastructure provider for the Swiss financial center. In the constantly and rapidly changing world of IT, security...

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SWIFT Goes Live With New eLearning Platform - SWIFTSmart Revolutionises...

SWIFT announces that its new eLearning platform, SWIFTSmart, is now live with more than 200 individual courses and videos, including customised training programmes for cyber security and financial...

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Dollar replaces VIX as gauge of banks' appetite for leverage - BIS's Hyun...

Press release, 15 November 2016.

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The dollar, bank leverage and the deviation from covered interest parity

We document the triangular relationship formed by the strength of the US dollar, cross-border bank lending in dollars and deviations from covered interest parity (CIP). A stronger dollar goes...

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ayondo Acquires Leading Singaporeâs Fintech Brand TradeHero

Financial technology group ayondo has acquired the TradeHero brand, a Singapore investor education app that has been ranked the number one finance app in the Apple iOS app in over 90 countries.read...

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