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Key Figures SIX Swiss Exchange And SIX Structured Products Exchange:...

In September 2016, trading turnover on SIX Swiss Exchange and SIX Structured Products Exchange was up 19.2% against the previous month. Trading turnover totaled CHF 95.0 billion. Transaction volumes...

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OneChicago Announces Trading Volume For September 2016 - Year-To-Date Volume...

OneChicago, LLC (OCX), a securities finance exchange, today announced its September 2016 volume of 1,075,031, an increase of 11% year-over-year. OneChicago is a CFTC and SEC regulated exchange offering...

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IIROC Issues Cybersecurity Report Cards For Dealer Firms

The Investment Industry Regulatory Organization of Canada (IIROC) today announced that it will provide IIROC-regulated firms with individual assessments of their cybersecurity preparedness as part of...

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Ontario Securities Commission Appoints Jeff Kehoe As New Enforcement Director

Ontario Securities Commission (OSC) Chair and Chief Executive Officer (CEO) Maureen Jensen announced today the appointment of Jeff Kehoe as Enforcement Director, effective October 11, 2016.read more...

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Office Of The Comptroller Of The Currency Bulletin: Mandatory Contractual...

The Office of the Comptroller of the Currency (OCC) is seeking comment on a proposed rule that would enhance the resilience and the safety and soundness of federally chartered and licensed financial...

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NZX CEO To Step Down At The End Of The Year

NZX today announced that CEO Tim Bennett has provided notice to the NZX Board of his decision to step down at the end of the year, with the Board now undertaking a formal search for a new CEO.read more...

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Thomson Reuters Closes Sale Of Intellectual Property & Science Business...

Thomson Reuters (TSX/NYSE: TRI) today announced that it has closed the sale of its Intellectual Property & Science (IP&S) business to Onex Corporation and Baring Private Equity Asia for $3.55...

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Exponential functionals of Levy processes and variable annuity guaranteed...

Exponential functionals of Brownian motion have been extensively studied in financial and insurance mathematics due to their broad applications, for example, in the pricing of Asian options. The...

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Exponential utility maximization under model uncertainty for unbounded...

We consider the robust exponential utility maximization problem in discrete time: An investor maximizes the worst case expected exponential utility with respect to a family of non-dominated...

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Inventory growth cycles with debt-financed investment. (arXiv:1610.00955v1...

We propose a continuous-time stock-flow consistent model for inventory dynamics in an economy with firms, banks, and households. On the supply side, firms decide on production based on adaptive...

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Sharpe portfolio using a cross-efficiency evaluation. (arXiv:1610.00937v1...

The Sharpe ratio is a way to compare the excess returns (over the risk free asset) of portfolios for each unit of volatility that is generated by a portfolio. In this paper we introduce a robust Sharpe...

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The Long Bond, Long Forward Measure and Long-Term Factorization in...

This paper proves existence of the long bond, long forward measure and long-term factorization of the stochastic discount factor (SDF) of Alvarez and Jermann (2005) and Hansen and Scheinkman (2009) in...

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A hybrid approach to assess systemic risk in financial networks....

We propose a credit risk approach in which financial institutions, modelled as a portfolio of risky assets characterized by a probability of default and a correlation matrix, are the nodes of a network...

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Long-Term Factorization of Affine Pricing Kernels. (arXiv:1610.00778v1...

This paper constructs and studies the long-term factorization of affine pricing kernels into discounting at the rate of return on the long bond and the martingale component that accomplishes the change...

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Great Advice For Writing Cover Letters

You are applying for that job you would really love to nab.  You have created a strong resume. Now comes the cover letter. What should it say?  How should you communicate your skills and experiences in...

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ASIC Remakes And Repeals 'Sunsetting' Class Orders On Markets And Securities

ASIC has remade ten legislative instruments and repealed three that are due to expire ('sunset') in 2016 and 2017, following public consultation.read more...

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New Zealand's Financial Markets Authority2016 KiwiSaver Report Shows Growth...

Total money in KiwiSaver funds continues to grow, but at a much slower pace than the previous two years as both returns and numbers of new members decline.read more...

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20 Years Of NZ’s Wholesale Electricity Market Celebrated

On behalf of the broader electricity industry, the Electricity Authority and NZX are this month marking 20 years since the launch of New Zealand’s wholesale electricity market in 1996.read more...

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NZX September 2016 Shareholder Metrics

Please find attached shareholder metrics for September 2016.read more...

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EEX New Participant: Vattenfall Europe Generation AG

Vattenfall Europe Generation AG has been admitted to exchange trading for Spot Contracts on Emission Rights (Secondary Market), Futures on Emission Rights, Phelix Futures/Options, Nordic Financial...

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