…of the money management firms they retain to make the actual investment and trading decisions. If nationalization destroys the common stock (and possibly preferred shares) of banks, the money managers…

…the optimal trading strategy doesn’t depend on the planning horizon. Indeed he did under the assumption that the objective is the log of end of horizon wealth *and* that financial…

…buy its shares without worrying about adverse selection. If the problem with the funny assets markets is low trading volume making the market price far below the average hold to…

…much broader than they would be if market manipulators were trading their own money and the conditions for sophisticated traders to buy into bubbles are weaker. Using his BA in…

…Bedford Falls ) somehow didn’t need billions in leveraged speculation, proprietary trading or derivative bets. There seems to be a lot of talk in AB and elsewhere about this thing…

rdan RGE Monitor notes this aspect of currency trading. (May require subscription for the full article) Dec 12: South Korea and Japan have agreed to increase an existing unconditional KRW-JPY…

…million) in operating profit. In trading Wednesday, the dollar fell as low as 88.15 yen. And is making some changes based on the results: Underlining the tough times ahead, Fukui…

…disclosure various trading products should provide. Three overarching priorities should guide government actions in the new structure. First, we need better control of systemic risk. Second, investors must be protected…

…will only have an unpleasant surprise similar to 2000. However, if everyone thinks they are beating the market, because of their clever derivatives trading strategies, the moment of truth for…

…that most forecasts have proven far too sunny over the last year — very, very few of those securities are trading hands. Among those that have, the sales price has…