Lecture Note 1 Introduction to Capital Markets; How Securities are Traded in the Markets Capital Markets Primary markets: for new issues. Firms raise funds in primary markets.…

Slide 1Index Funds Do Impact Agricultural Prices Paper prepared for the workshop Understanding Oil and Commodity Prices organized by the Bank of England, the Centre for Applied…

Slide 1Fi8000 Exchange Rates Forwards, Futures Milind Shrikhande Slide 2 Final Exam ☺30% of your grade ☺The exam is comprehensive – covers everything on the syllabus…

1. History of Africa Africa Unit 2. TheContine nt of Africa 3. Early Civilizations of Africa Africa Unit 4. Where Civilization Began• Olduvai Gorge – located on the edge…

1 Is Market Impact a Measure of the Information Value of Trades? Market Response to Liquidity vs Informed Trades 1 C. Gomes and H. Waelbroeck Portware LLC Abstract Weexamineinformation,marketimpactandtradesizesusingadatasetofinstitutionaltradeswhere…

Dynamical models of market impact and algorithms for order execution Jim Gatheral∗, Alexander Schied‡§ First version: December 5, 2011 This version: January 24, 2013…

1. Gold Demand Trends Second Quarter 2015 Alistair Hewitt | Head of Market Intelligence 13th August 2015 2. Agenda 2World Gold Council | Gold Demand Trends Second Quarter…

Slide 1 1 Decimalization and the ETFs and Futures Pricing Efficiency Wei-Peng Chen*, Robin K. Chou** and Huimin Chung* *Department of Finance, Shih-Hsin U. **Department of…

Do High-Frequency Traders Anticipate Buying and Selling Pressure? Nicholas H. Hirschey ∗ University of Texas at Austin December 20, 2011 Job Market Paper Abstract High-frequency…

Slide 1 Liquidity Risk Session 4 Andrea Sironi MAFINRISK 2010 Market Risk Slide 2 2 Agenda Liquidity risk: what it is and where it comes from Funding liquidity risk Stock-based…