National Settlement Depository Begins Assigning FISN In Accordance With ISO...
National Settlement Depository (NSD), acting in compliance with ISO 18774, has started assigning FISNs (Financial Instrument Short Names) to securities and related financial instruments.read more...
View ArticleHKEX: Temporary Holiday Risk Management Arrangements - Special Intra-Day...
The Traded Options Market will be closed for business on 1 January 2018. In order to assure that safeguards are in place against potential market risk that may arise during the aforesaid period when...
View ArticlePress Conference By Taro Aso, Deputy Prime Minister, Minister Of Finance, And...
I have a question about Bitcoin. In the U.S. the listing of Bitcoin futures have been approved, and it has been announced that its trading will begin in Chicago on the 10th. However, Japan Exchange...
View Article2017 Review: What Bankers Think of Bitcoin
To short or to long? Is bitcoin in a bubble? We summarized the various views from prominent figures in the finance world and the academia.
View ArticleBlockchain Asset Registries: Entering the Slope of Enlightenment?
Putting real-world assets on a blockchain may be a promise worth pursuing, but field reports suggest it's an idea still just out of reach.
View Article2017: The Year Crypto Became a New Asset Class
Crypto assets may have become an asset class in 2017, but that doesn't mean there's work yet to be done to bring the technology to main street.
View ArticleWhat DAO? Charting Ether's Epic 2017 Price Climb
Ether's price began 2017 below $10, shooting to as high as $800 earlier this month.
View ArticleChina on a Blockchain? Maybe in 2018
China may have moved to ban crypto activities in 2017, but that doesn't mean the country won't be a major player in the year ahead.
View ArticleSaudi Stock Exchange: Allowing Non-Resident Foreigners To Invest In Nomu...
The Saudi stock Exchange (Tadawul) announces that starting from 01/01/2018 Non-Resident Foreign Investors will be allowed to Invest in Nomu - Parallel Market within the Qualified Investors category,...
View ArticleWhere Are All the Quick Wins for Blockchain?
Was 2017 too long-term focused? Entrepreneur Tom Klein believes quick wins are what's needed to bootstrap corporate blockchains in 2018.
View Article2017: A Defining Year for Cryptocurrency Regulation
This Year in Review article look at some of the major regulatory developments from 2017.
View ArticleBitcoin Average Dormancy: A Measure of Turnover and Trading Activity....
Attempts to accurately measure the monetary velocity or related properties of bitcoin used in transactions have often attempted to either directly apply definitions from traditional macroeconomic...
View ArticleForeign Portfolio Investment and Economy: The Network Perspective....
The European Union and Eurozone present an inquisitive case of strongly interconnected network with high degree of dependence among nodes. This research focused on investment network of European Union...
View ArticlePricing variance swaps under Levy process with stochastic volatility and CIR...
This study focuses on the pricing of the variance swap in the financial market where the stochastic interest rate and the volatility of the stock are driven by Cox-Ingersoll-Ross model and Heston model...
View ArticleRethinking Stabilization Policy: Evolution or Revolution? -- by Olivier J....
The obvious lesson from the Great Financial Crisis is that the financial system matters and financial crises will probably happen again. The second, more general, lesson is that the economy is often...
View ArticleFrictional Coordination -- by George-Marios Angeletos
The notion that business cycles are driven by demand shocks is subtle. I first review the conceptual and empirical challenges faced when trying to accommodate this notion in modern, micro-founded,...
View ArticleGlobal Inequality when Unequal Countries Create Unequal People -- by Martin...
Current global inequality measures assume that national-mean income does not matter to economic welfare at given household income, as measured in surveys. The paper questions that assumption on...
View ArticleShould Retail Investors' Leverage Be Limited? -- by Rawley Z. Heimer, Alp Simsek
Does the provision of leverage to retail traders improve market quality or facilitate socially inefficient speculation that enriches financial intermediaries? This paper evaluates the effects of 2010...
View ArticleDo Taxes Increase Economic Inequality? A Comparative Study Based on the State...
I present new quasi-experimental evidence on the relationship between tax policies and the distribution of income. I focus on the twentieth century United States, and on the personal income tax, since...
View ArticleArtificial Intelligence and Its Implications for Income Distribution and...
Inequality is one of the main challenges posed by the proliferation of artificial intelligence (AI) and other forms of worker-replacing technological progress. This paper provides a taxonomy of the...
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