EPEX SPOT SE: Clearing For UK, Dutch And Belgian Power Spot Markets...
The clearing for the power spot markets in the United Kingdom, the Netherlands and Belgium has successfully been migrated from APX to European Commodity Clearing (ECC) on 31 March 2016. Thus all power...
View ArticleCME Group Achieved Record Average Daily Volume Of 16.9 Million Contracts Per...
CME Group, the world's leading and most diverse derivatives marketplace, today announced that first-quarter 2016 volume averaged a record 16.9 million contracts per day, up 13 percent from...
View ArticleEurex Clearing Adds Further Platform To Its Lending CCP - EquiLend Launches...
Eurex Clearing, one of the leading central counterparties globally, welcomes EquiLend’s security lending platform as new user of its Lending CCP. EquiLend, a global platform for trading and post-trade...
View ArticleTSX Welcomes TD Asset Management Canada's Newest ETF Provider To Open The Market
Executives from TD Asset Management Inc. (TDAM) will join Toronto Stock Exchange (TSX) to open trading this morning to celebrate the launch of their new exchange traded fund (ETF) business. Last week,...
View ArticleAre Online and Offine Prices Similar? Evidence from Large Multi-Channel...
Online prices are increasingly being used for a variety of inflation measurement and research applications, yet little is know about their relation to prices collected offline, where most retail...
View ArticleFinancial Dampening -- by Johannes F. Wieland, Mu-Jeung Yang
We propose a novel mechanism, "financial dampening," whereby loan retrenchment by banks attenuates the effectiveness of monetary policy. The theory unifies an endogenous supply of illiquid local loans...
View ArticleSupply-Side Policies in the Depression: Evidence from France -- by Jeremie...
The effects of supply-side policies in depressed economies are controversial. We shed light on this debate using evidence from France in the 1930s. In 1936, France departed from the gold standard and...
View ArticleOptimal Reserves in Financially Closed Economies -- by Olivier Jeanne,...
Financially closed economies insure themselves against current-account shocks using international reserves. We characterize the optimal management of reserves using an open-economy model of...
View ArticlePreferential Trade Agreements -- by Nuno Limao
A large and growing number of countries participate in multiple preferential trade agreements (PTAs), which increasingly entail broad cooperation over policies extending far beyond trade barriers. I...
View ArticleThe Inclusive Cost of Pandemic Influenza Risk -- by Victoria Y. Fan, Dean T....
Estimates of the long-term annual cost of global warming lie in the range of 0.2-2% of global income. This high cost has generated widespread political concern and commitment as manifested in the Paris...
View ArticleAnimal Spirits in a Monetary Model -- by Roger E.A. Farmer, Konstantin Platonov
We integrate Keynesian economics with general equilibrium theory in a new way. Our approach differs from the prevailing New Keynesian paradigm in two ways. First, our model displays steady state...
View ArticleThe Theory of Unconventional Monetary Policy -- by Roger Farmer, Pawel Zabczyk
This paper is about the effectiveness of qualitative easing, a form of unconventional monetary policy that changes the risk composition of the central bank balance sheet with the goal of stabilizing...
View ArticleRethinking Performance Evaluation -- by Campbell R. Harvey, Yan Liu
We show that the standard equation-by-equation OLS used in performance evaluation ignores information in the alpha population and leads to severely biased estimates for the alpha population. We propose...
View ArticleHome Buying Kit For Dummies, 6th Edition
Are you looking to buy a house, but don't quite know where to begin? Have no fear! This new edition of Home Buying Kit For Dummies arms you with Eric Tyson and Ray Brown's time-tested advice and...
View ArticleTax for Australians For Dummies, 2015-16 Edition
Do you want to be sure you're getting the maximum tax refund? Of course you do! Luckily, Tax For Australians For Dummies is here to make it easy to ensure you get every cent you deserve for the 2015-16...
View ArticleLeading Japanese Online Broker Monex, Inc. Adopts Broadridge Processing Solution
Monex, Inc., one of Japan's largest online trading brokers, has chosenBroadridge Financial Solutions, Inc. (NYSE: BR) to support its Japanese equity and investment trust processing business. Through...
View ArticleU.S. Attorney General Loretta E. Lynch Statement On Agreement With BP To...
Following the order today by U.S. District Judge Carl J. Barbier to enter the consent decree settling United States of America v. BP Exploration & Production Inc., et al., Attorney General Loretta...
View ArticleASX Compliance Monthly Activity Report - March 2016
New listings for the month were JC International Group Limited (JCI), N1 Holdings Limited (N1H), Oneview Healthcare PLC (ONE), SMART ABS Series 2015-4E Trust (SXB) and Soon Mining Limited (SMG).read...
View ArticleSGX Welcomes ZZFS International As Derivatives Trading Member
Singapore Exchange (SGX) is pleased to welcome Hong Kong-based ZZFS International (H.K.) Limited (ZZFS International) as the newest trading member of its derivatives market.read more...
View ArticleASX Group Monthly Activity Report - March 2016
The value of ASX-listed stocks, as measured by the All Ordinaries Index, rose 4.1% in March 2016. This performance was below the rise in Hong Kong up 8.7%, the US up 6.6%, Singapore up 6.5%, Germany up...
View Article