Credit Suisse Mid-Year Survey of Hedge Fund Investor Sentiment
... Some institutional investors, such as pension funds and endowments, had lower rates of redemptions than the average. 31% of pension funds surveyed had no redemptions, while 25% of endowments and foundations reported no redemption activity during the first half of the year. Redemptions were selective ...
... Some institutional investors, such as pension funds and endowments, had lower rates of redemptions than the average. 31% of pension funds surveyed had no redemptions, while 25% of endowments and foundations reported no redemption activity during the first half of the year. Redemptions were selective ...
Investor Psychology and Security Market Under- and
... negative return autocorrelation. Because our model assumes that investors are overconfident only about private signals, we obtain underreaction as well as overreaction effects. Furthermore, because we consider time-varying confidence, there is continuing overreaction to private signals over time. Th ...
... negative return autocorrelation. Because our model assumes that investors are overconfident only about private signals, we obtain underreaction as well as overreaction effects. Furthermore, because we consider time-varying confidence, there is continuing overreaction to private signals over time. Th ...
markets work in war
... relatively unbiased basis, and carefully collects the relevant information. In the extreme case, even one such trader can drive the market price to the underlying equilibrium price.9 The analysis of break points undertaken here does not identify historical facts, but rather the acquisition and asses ...
... relatively unbiased basis, and carefully collects the relevant information. In the extreme case, even one such trader can drive the market price to the underlying equilibrium price.9 The analysis of break points undertaken here does not identify historical facts, but rather the acquisition and asses ...
mandlebrot
... ways asset price changes are understood on a fundamental level. Mandelbrot's legacy as one of the main contributors to the field of technical analysis is firmly established but there are still some traders that view Mandelbrot's work as being disconnected from the real workings of asset markets. Her ...
... ways asset price changes are understood on a fundamental level. Mandelbrot's legacy as one of the main contributors to the field of technical analysis is firmly established but there are still some traders that view Mandelbrot's work as being disconnected from the real workings of asset markets. Her ...
March 2004: Initial Public Offerings and Collusion
... of what is now referred to as the “IPO bubble”. This bubble can be likened to earlier bubbles such as the 17th century tulip craze in Holland. At the core of these bubbles is a compulsive demand by zealous investors who often become subject to price exploitation by opportunistic suppliers. The end r ...
... of what is now referred to as the “IPO bubble”. This bubble can be likened to earlier bubbles such as the 17th century tulip craze in Holland. At the core of these bubbles is a compulsive demand by zealous investors who often become subject to price exploitation by opportunistic suppliers. The end r ...
Managing the Man Overboard Moment
... example, the focus of this report, is when one of the stocks in your portfolio drops sharply. If you are the portfolio manager, you might feel frustrated, upset about the hit to returns, and worried about the business implications. If you are the analyst, you might feel anger, disappointment, and sh ...
... example, the focus of this report, is when one of the stocks in your portfolio drops sharply. If you are the portfolio manager, you might feel frustrated, upset about the hit to returns, and worried about the business implications. If you are the analyst, you might feel anger, disappointment, and sh ...
Sales Quiz
... like to purchase 100 shares of IBM. When he gets the purchase order confirmation from StockNet, it includes a charge for commission. Joe is upset and refuses to pay the commission, insisting that StockNet is contractually bound to waive the commission fee based on the advertisement. Is Joe Right? 11 ...
... like to purchase 100 shares of IBM. When he gets the purchase order confirmation from StockNet, it includes a charge for commission. Joe is upset and refuses to pay the commission, insisting that StockNet is contractually bound to waive the commission fee based on the advertisement. Is Joe Right? 11 ...
Strategic Challenges Facing HKEx
... Papers still in use outside CCASS Elimination of physical certificates can… ...
... Papers still in use outside CCASS Elimination of physical certificates can… ...
PSI 20®
... This publication is for information purposes only and is not a recommendation to engage in investment activities. This publication is provided “as is” without representation or warranty of any kind. Whilst all reasonable care has been taken to ensure the accuracy of the content, Euronext does not gu ...
... This publication is for information purposes only and is not a recommendation to engage in investment activities. This publication is provided “as is” without representation or warranty of any kind. Whilst all reasonable care has been taken to ensure the accuracy of the content, Euronext does not gu ...
download, ENG - NBI INVESTMENTS Ltd
... Where the Client provides a specific instruction in relation to its entire Order, or any particular aspect of the Order, including an instruction for the order to be executed on a particular venue, the Company will execute the Order according to these instructions. However, in following these specif ...
... Where the Client provides a specific instruction in relation to its entire Order, or any particular aspect of the Order, including an instruction for the order to be executed on a particular venue, the Company will execute the Order according to these instructions. However, in following these specif ...
Fabozzi_CM4_Chapter13(equitymarkets)
... Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall. ...
... Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall. ...
Liquidity and the Law of One Price: The Case of the Futures/Cash
... apply to market-wide imbalances and market returns as well. The futures/cash basis, which is subject to order flow pressures induced by arbitrage trades, could therefore forecast future liquidity. In the reverse direction, suppose that the futures/cash gap widens considerably on a given day. Then th ...
... apply to market-wide imbalances and market returns as well. The futures/cash basis, which is subject to order flow pressures induced by arbitrage trades, could therefore forecast future liquidity. In the reverse direction, suppose that the futures/cash gap widens considerably on a given day. Then th ...
AVENTINE RENEWABLE ENERGY HOLDINGS INC
... Aventine Renewable Energy Holdings, Inc. (the “Company”) is filing this amendment (the “Form 10-Q/A”) to its Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2012 (the “Form 10-Q”), filed with the U.S. Securities and Exchange Commission (the “SEC”) on May 9, 2012, to correct a ...
... Aventine Renewable Energy Holdings, Inc. (the “Company”) is filing this amendment (the “Form 10-Q/A”) to its Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2012 (the “Form 10-Q”), filed with the U.S. Securities and Exchange Commission (the “SEC”) on May 9, 2012, to correct a ...
Derivatives on RDX USD Index
... the futures trade is not subject to the minimum block trade size and depends solely on the delta of the options position. ...
... the futures trade is not subject to the minimum block trade size and depends solely on the delta of the options position. ...
Electronic Market-Makers: Empirical Comparison
... is that the market-maker uses the information conveyed in trades to update its beliefs about the true value of the stock, and then it sets buy/ask prices based on these beliefs. The market-maker maintains a probability density estimate over the true price of the stock. There are two key steps involv ...
... is that the market-maker uses the information conveyed in trades to update its beliefs about the true value of the stock, and then it sets buy/ask prices based on these beliefs. The market-maker maintains a probability density estimate over the true price of the stock. There are two key steps involv ...