trading—the role of brokers

The role of information asymmetry and the level of market trading activity in shaping the time to maturity pattern of futures return volatility

The role of information asymmetry and the level of market trading activity in shaping the time to maturity pattern of futures return volatility

... using the natural logarithm of the number of days to maturity as time-to-maturity 112 v LIST OF FIGURES Figure 1.1: Hong’s proposal of the time-to-maturity pattern of information asymmetry, ... TABLE OF CONTENTS TABLE OF CONTENTS i LIST OF TABLES iii LIST OF FIGURES vi SYNOPSIS vii DECLARATION ... for tests of a linear volatility pattern are more significant when the inverted U-shape of the sensitivity pattern tilts more towards maturity As an example of the practical implication of my findings,...

Ngày tải lên: 17/04/2018, 21:52

10 133 0
The Role of Power

The Role of Power

... Outline  Role of Power  Rules for Using Power Role of Power  Power defined:  • Ability or official capacity to exercise control;  authority • Ability to influence or control others  Sources of Power ... Find the Soft Spot  Encourage others to open up • Gain disclosure of something private or  personal about your counterpart • Expression of trust  Identify true motivations and sources  of objections ... Relationship between power &  dependence • Power A, B = Dependence B, A • Power of person A over B is equal to the  dependence of person B on A Rule #6: Power of Who You Know It’s not what you know but who you know...

Ngày tải lên: 22/08/2012, 22:07

20 591 0
 Circuit theory of finance and the role of incentives in financial sector reform

Circuit theory of finance and the role of incentives in financial sector reform

... their required profitability The role of finance is thus to ensure that all profitable investments get adequate funding at the lowest possible costs The microeconomic nature of such role emerges ... efficiently, the reputational capital of an agent must equal the present value of the stream of future profits, or franchise value, of her business The concept of reputational capital is meaningful ... further exploring the implications of the time dimension in the economic process This will be one of the undertakings of this paper The paper analyzes the role of finance for economic growth and...

Ngày tải lên: 24/10/2012, 09:33

55 666 0
Facts of Vietnam Freight forwarding industry and the role of Vietnam Freight Forwarders Association (VIFFAS) to the industry in international economic integration processhelpful to Oristar.doc

Facts of Vietnam Freight forwarding industry and the role of Vietnam Freight Forwarders Association (VIFFAS) to the industry in international economic integration processhelpful to Oristar.doc

... of Foreign Trade 2.3 Faculty of Business English Functions & Main Activities of VIFFAS VIFFAS has the function of socio-professional associated organization of the enterprises, irrespective of ... lack of regulations and an incomplete legal framework on activities of freight forwarders, the quality of services has not met the requirements of the industry's development yet A lack of decrees ... the world The Association has the role of coordinating the activities of the members in order to protect the interests of the members and improve the position of Vietnam in the international freight...

Ngày tải lên: 27/10/2012, 16:42

31 1,2K 21
Báo cáo y học: "Human toxoplasmosis and the role of veterinary clinicians"

Báo cáo y học: "Human toxoplasmosis and the role of veterinary clinicians"

... consequences of infection can be very severe, while the risk of living with one’s beloved cat is practically nill References Angulo FJ, Glaser CA, Juranek DD et al Caring for pets of immunocompromised ... Dis.1994;18:14-24 Han K, Shin DW, Lee TY, et al Seroprevalence of Toxoplasma gondii infection and risk factors associated with seropositivity of pregnant women in Korea J Parasitol 2008; 94: 963-965 ... 94: 963-965 Grant S and Olsen CW Preventing zoonotic diseases in immunocompromised persons: the role of physicians and veterinarians Emerg Infect Dis 1999; 5: 159-163 http://www.medsci.org ...

Ngày tải lên: 03/11/2012, 11:06

2 499 0
The role of language in adult education and poverty reduction in Botswan

The role of language in adult education and poverty reduction in Botswan

... the preserve of the few (elites) The choice of which language or dialect to use to teach (medium of instruction) reflects the interests of those elite In countries in which one of the languages ... perspective or needs of people from below At least one language of high status is used to exclude speakers of low status languages Marginalized groups are always at the disadvantage of the culture ... majority of people are left out In an education system where English dominates the majority of learners get little benefit from schooling, either in terms of acquiring the necessary language proficiency...

Ngày tải lên: 05/11/2012, 16:27

5 838 1
153 The role of marketing activities to bankcard and actual state of Ngân hàng nông nghiệp và phát triển nông thôn (AgriBank) cards

153 The role of marketing activities to bankcard and actual state of Ngân hàng nông nghiệp và phát triển nông thôn (AgriBank) cards

... billion, balance of call deposit account was VND 1,425 million Collected service fee of the last quarter of the year was zero because of free issuing card in this period However, accumulate of 12 months ... 1.- Quantity of ATM, EDC Source Report on result of 2009 card products and services The graph shows the quantity of ATM, EDC changing over period of four years In 2007, the quantity of EDC is lesser ... centre of the transaction process, maintaining the flow of funds and information between issuing and acquiring members The exchange of financial information is called clearing The exchange of the...

Ngày tải lên: 03/04/2013, 12:13

33 663 0
The role of advertising in society

The role of advertising in society

... Part I : General knowledge of advertising Some typical concepts of advertising Classifications of advertising Part II : The role of advertising in society Economic effects of advertising a On governments ... limitation of means of communication and citizens’ perception The most popular type of advertising is on TV Following is the advertising price chart of some typical types of advertising 65 Number of ... more profits it gains and the more it breaks into market Advertising is instrumental in sales promotion, which is one of the most vital tools in Marketing The appearance and the role of advertising...

Ngày tải lên: 16/04/2013, 11:05

27 1,1K 1
The role of leadership theory in raising the profile of women in management

The role of leadership theory in raising the profile of women in management

... applying to males in management or leadership roles because of the low profile of women in management at this time, and it can be assumed that the profile of women in management would not have been ... towards raising the profile of women in management, as the theory was constructed as a male model at a time when women were not visible in paid employment One of the off shoots of the great man theory ... definition of leadership A brief review of early through to contemporary theories will be explored and consideration will be given as to the role each theory may have played in raising the profile of...

Ngày tải lên: 08/10/2013, 15:56

16 962 1
Globalization: the Role of Institution Building in the Financial Sector _ The Case Study of China

Globalization: the Role of Institution Building in the Financial Sector _ The Case Study of China

... performance Role of the central bank The central bank has played a role of policy designing and implementation in the process of institution building in the financial sector The promulgation of The ... percent of the total by the end of 1999 14 Table Structure of Financial Assets Year Mo Deposits with FIs Loans of FIs Borrowin Bonds g by the Ministry of Finance Capitalizat Insurance Total ion of ... under the framework of financial globalization II Review of Institution Building in the Financial Sector A Main driving forces of institution building A review of the developments of China’s financial...

Ngày tải lên: 18/10/2013, 07:15

26 976 1
The Role of Genetically Modified Organisms (GMOs) in Beverage Production

The Role of Genetically Modified Organisms (GMOs) in Beverage Production

... be discussed Finally, examples of next-generation biotechnology products of relevance to the beverage industry will be provided HISTORY OF GENETIC MODIFICATION OF FOOD PLANTS AND ANIMALS People ... create signiÞcant changes in the genetic makeup of plants and animals due to the random recombination and sorting of thousands of genes As a result of intervention by people, the hybrid seed corn ... food choices would be very limited The goal of a food safety system is “reasonable certainty of no harm” at normal levels of consumption Acceptance of a new food product occurs when it is shown...

Ngày tải lên: 25/10/2013, 21:20

6 498 0
Tài liệu THE ROLE OF UNIVERSITIES IN REGIONAL INNOVATION SYSTEMS - A NORDIC PERSPECTIVE pdf

Tài liệu THE ROLE OF UNIVERSITIES IN REGIONAL INNOVATION SYSTEMS - A NORDIC PERSPECTIVE pdf

... Dynamics of capitalist economies The role of public policy National systems of innovation Regional system of innovation The new production of knowledge Triple Helix The regional impact of universities ... characteristics of the university A third alternative is that the impact of a university reflects how the profile of the university corresponds with the profile of the economic structure of the region ... examples From this point of view the lack of correspondence between the profile of the university and the industrial structure of the region become important The knowledge profile of the university...

Ngày tải lên: 16/01/2014, 16:33

180 597 1
Tài liệu Organization-internal Transfer of Knowledge and the Role of Motivation: A Qualitative Case Study pptx

Tài liệu Organization-internal Transfer of Knowledge and the Role of Motivation: A Qualitative Case Study pptx

... the role of motivation in the way that we have The role of motivation is probably as important in a chain of hotels or supermarkets, a software vendor or a consulting company, regardless of the ... learning Academy of Management Review 10(4): 803–813 Foss NJ, Pedersen T 2002 Transferring knowledge in MNCs: the role of sources of subsidiary knowledge and organisational context Journal of International ... perceived trustworthiness of the source of the knowledge is reported to be a factor (Tsai, 2000) A third group of factors falls under motivation However, the role of motivation appears debatable and...

Ngày tải lên: 24/01/2014, 00:20

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Tài liệu Improving health, connecting people: the role of ICTs in the health sector of developing countries ppt

Tài liệu Improving health, connecting people: the role of ICTs in the health sector of developing countries ppt

... complexity of choices of technologies and the complexity of needs and demands of health systems suggests that the gradual introduction, testing and refining of new technologies, in those areas of health ... overview of the knowledge map of the subject a number of recommendations are put forward The scope of the exercise is limited in terms of time and resources, as outlined in the Terms of Reference ... to many of the studies reporting on the impact of telemedicine interventions Many of these pilots clearly demonstrate proof of concept – telemedicine can improve diagnosis and treatment of specific...

Ngày tải lên: 14/02/2014, 09:20

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Tài liệu Báo cáo khoa học: Regulation of DNA fragmentation: the role of caspases and phosphorylation doc

Tài liệu Báo cáo khoa học: Regulation of DNA fragmentation: the role of caspases and phosphorylation doc

... emphasis on the induction of DNA fragmentation, which is one of the most typical characteristics of apoptosis Regulators of DNA fragmentation One of the terminal processes of apoptosis is DNA degradation ... translocation of Bax and Bad to mitochondria independently of caspase activation [77,87] Phosphorylation of caspases Phosphorylation of caspases switches the cellular apoptotic signal on and off Caspase ... regulating the activity of an isoform of PP1, PP1a [3] Similarly, activation of caspase-8 and -3 is regulated through their phosphorylation and dephosphorylation Phosphorylation of caspase-8 at Tyr397...

Ngày tải lên: 14/02/2014, 22:20

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Tài liệu The role of cancer registries docx

Tài liệu The role of cancer registries docx

... 17.6 The role of cancer registries in cancer control The cancer registry is an essential part of any rational programme of cancer control Its data can be used in a wide variety of areas of cancer ... be of reduced benefit in the control of these cancers in Thailand compared with the potential benefits of primary and secondary prevention (e.g., control 400 The role of cancer registries of ... representativeness of the case series 394 The role of cancer registries The registry may, however, carry out its own case–control studies using its database, comparing one type of cancer with a selection of...

Ngày tải lên: 15/02/2014, 04:20

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Tài liệu The Role of BCG Vaccine in the Prevention and Control of Tuberculosis in the United States: A Joint Statement by the Advisory Council for the Elimination of Tuberculosis and the Advisory Committee on Immunization Practices docx

Tài liệu The Role of BCG Vaccine in the Prevention and Control of Tuberculosis in the United States: A Joint Statement by the Advisory Council for the Elimination of Tuberculosis and the Advisory Committee on Immunization Practices docx

... Anthony Robbins, M.D Office of the Assistant Secretary for Health Washington, DC U.S Department of Defense Michael Peterson, D.V.M., Dr.P H Office of the Surgeon General Department of the Army Falls ... for the Elimination of Tuberculosis (ACET) September 1995 ACTING CHAIRPERSON Jeffrey R Starke, M.D Associate Professor of Pediatrics Department of Pediatrics Baylor College of Medicine Houston, ... about the resurgence and changing nature of TB in the United States prompted a re-evaluation of the role of BCG vaccination in the prevention and control of TB This updated report is being issued...

Ngày tải lên: 15/02/2014, 13:20

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Tài liệu The Role of Nutrition in Maintaining Health in the Nation’s Elderly: Evaluating Coverage of Nutrition Services for the Medicare Population ppt

Tài liệu The Role of Nutrition in Maintaining Health in the Nation’s Elderly: Evaluating Coverage of Nutrition Services for the Medicare Population ppt

... conditions is independent of particular settings of care Each of the conditionspecific chapters addresses the strength of the evidence for the efficacy of the role of nutrition, makes recommendations ... president of the National Academy of Sciences The National Academy of Engineering was established in 1964, under the charter of the National Academy of Sciences, as a parallel organization of outstanding ... Transplantation, 146 Future Areas of Research, 147 132 OSTEOPOROSIS Role of Diet in Onset and Treatment of Osteoporosis, 153 Cost and Quality -of- Life Considerations, 157 Future Areas of Research, 158 Summary...

Ngày tải lên: 15/02/2014, 16:20

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