Welcome to the second issue of the third volume of The Journal of Investment Strategies. In this issue you will find four papers, covering topics ranging from asset allocation and efficient portfolio construction...
Market participants welcome 90-day grace period as CFTC promises “thoughtful solution”
Expected payoff maximisation is a commonly assumed strategy in valuation. S Hossein Hosseini, Qiaoyan Bian, Jay Chen and John Jiang suggest that execution strategies may vary due to complex option structures...
More Execution articles
In the execution cost problem, an investor wants to minimize the total expected cost and risk in the execution of a portfolio of risky assets in order to achieve desired positions. A major source of the execution cost is the price impact of both the investor's...
Broker-dealers face significant operational risks, especially when they allow customers direct access – Marcelo Cruz discusses the threats to a critical part of the financial industry
The CFTC's broad definition of a US person could leave European hedge funds facing conflicting rules
According to Don Donahue, the recently departed chief executive of the Depository Trust & Clearing Corporation (DTCC), the securities market is approaching a fork in the road. In one direction lies fragmentation, stunted competition and poor liquidity;...
Dealers, buy-side firms and industry associations have made voluntary commitments to improve aspects of derivatives operations in a series of letters to the Federal Reserve Bank of New York. But how will these commitments evolve as more binding rules...
In response to industry fears of a collateral crunch, regulators have revised the proposed rules on margining for uncleared over-the-counter (OTC) derivatives.You can find out more by downloading this white paper here.
Hong Kong, 1st - 31st Dec 2014
UK, 18th Mar 2015
Australia, 12th - 13th Aug 2014
Australia, 14th Aug 2014
USA, 20th - 21st Aug 2014