The Power of Wishful Thinking
Tim Harford writes a great column (The Undercover Economist) for the Financial Times. This weekend's essay is titled, "Brexit and the Power of Wishful Thinking." He derives an important lesson from...
View ArticleOsaka Exchange: Go-Live Date Of Next Generation Derivatives Trading System...
OSE has been preparing for the go-live of J-GATE, which is developed to expand market liquidity and further improve reliability and convenience for investors, trading participants, and other market...
View ArticleMonetary Authority Of Singapore: Separate Subsidiary Will Strengthen...
The Monetary Authority of Singapore (MAS) said today that SGX’s move to transfer its regulatory functions to a separate subsidiary company is an important step in strengthening the safeguards to manage...
View ArticleSGX To Transfer Regulation Unit To Subsidiary Company With Separate Board
Singapore Exchange (SGX) will establish a separate subsidiary company (RegCo) to undertake all the front-line regulatory functions it currently performs. The move aims to further enhance the...
View ArticleETFGI Reports ETFs/ETPs Listed In Asia Pacific Ex Japan Gathered 3 Billion US...
ETFGI the leading independent research and consultancy firm on trends in the global ETF/ETP ecosystem, today reported ETFs/ETPs listed in Asia Pacific ex Japan gathered US$3 billion in net new assets...
View ArticleAbu Dhabi Global Market And China Securities Regulatory Commission Sign...
The Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) and the China Securities Regulatory Commission (CSRC) entered into a Memorandum of Understanding (MoU) to...
View ArticleUK's Financial Conduct Authority Publishes New Data On Interest Rates And...
The FCA has today published the second set of data showing the lowest interest rates offered by 32 providers of easy access cash savings accounts and easy access cash ISAs. The data is part of the...
View ArticleMoscow Exchange: Risk Parameters For CHF/RUB
The following risk parameters will be applied for new currency pair CHF/RUB (Swiss Franc/Russian Ruble)read more...
View ArticleCinnober Chosen For Major Design Study
Cinnober has signed an agreement with a major international exchange group to conduct a comprehensive design study for utilizing Cinnober’s technology for real-time clearing for listed derivatives as...
View ArticleSafeshare Global Wins âInsurance Start-Up Of The Yearâ At The...
We are extremely proud to have won ‘Insurance Start-up of the Year’ at The British Insurance Awards 2016 at a packed Royal Albert Hall last night.read more...
View ArticleBorsa Ä°stanbul: Systems And Operations Functioning Without...
The systems and operations of Borsa Ä°stanbul, Istanbul Custody and Settlement Bank, Central Registry Agency together with all our stakeholders are functioning without any interruption and problem. On...
View ArticleDFM Enrols âUnion Brokerage Companyâ To âMargin...
Dubai Financial Market (DFM) today announced that “Union Brokerage Company” has been accredited to provide Margin Trading service, lifting the total number of DFM brokerage firms providing this service...
View ArticleLondon Metal Exchange Price Exclusivity Falls On Global Stage - By Jason...
Globally, base metal trading has expanded since the sale of the London Metal Exchange (LME) to the HKEx. Taking the two main exchanges for base metals - the LME and the Shanghai Futures Exchange (SHFE)...
View ArticleESMA Seeking Commodity Derivatives Experts To Join Consultative Industry Group
The European Securities and Markets Authority (ESMA) has published today a call for candidates to newly constitute a Consultative Working Group (CWG) for the ESMA Commodity Derivatives Task Force...
View ArticleThe Empirical Economics of Online Attention -- by Andre Boik, Shane...
In several markets, firms compete not for consumer expenditure but instead for consumer attention. We model and characterize how households allocate their scarce attention in arguably the largest...
View ArticleEstimating Local Fiscal Multipliers -- by Juan Carlos Suarez Serrato,...
We propose a new source of cross-sectional variation that may identify causal impacts of government spending on the economy. We use the fact that a large number of federal spending programs depend on...
View ArticleDistributional Effects of Means Testing Social Security: Income Versus Wealth...
This paper compares Social Security means tests that would reduce benefits for recipients who fall in the top quarter of the income distribution with means tests aimed at those in the top quarter of...
View ArticleMeasuring Polarization in High-Dimensional Data: Method and Application to...
We study trends in the partisanship of Congressional speech from 1873 to 2009. We define partisanship to be the ease with which an observer could infer a congressperson's party from a fixed amount of...
View ArticleRBC Methodology and the Development of Aggregate Economic Theory -- by Edward...
This essay reviews the development of neoclassical growth theory, a unified theory of aggregate economic phenomena that was first used to study business cycles and aggregate labor supply. Subsequently,...
View ArticleFinders, Keepers? -- by Niko Jaakkola, Daniel Spiro, Arthur A. van Benthem
Natural resource taxation and investment often exhibit cyclical behavior, associated with shifts in political power. Why do finders get to keep more of their discoveries in some periods than others? We...
View Article