Essays about: "systematic trading"
Showing result 6 - 10 of 28 essays containing the words systematic trading.
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6. Hedging the Term Structure Risk of Carbon Allowance Derivatives : An Application of Stochastic Optimisation to EUA Market Making
University essay from Linköpings universitet/ProduktionsekonomiAbstract : The initiative by the EU to combat global warming through the introduction of a cap-and-trade system for greenhouse gas emissions in 2005, known as the EU Emissions Trading System (ETS), resulted in the inception of a new financial market. The right to emit one tonne of CO2-equivalents, as well as derivatives on this right, have become commodities, traded both through exchanges and over the counter. READ MORE
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7. Does the tick size regime on systematic internalisers improve market quality? : An Empirical Analysis on the Swedish Stock Market
University essay from Stockholms universitet/FinansieringAbstract : The tick size regime on systematic internalisers (SIs) was seen as a necessary action to level the playing field between SIs and other trading venues, with the hopes to improve the market composition and market quality in favour of regulated markets. However, the previous literature objects to the view as SIs may have gained the first-mover advantage from their previous tick size exemption. READ MORE
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8. Investment Companies and Predictable Returns
University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomiAbstract : This paper investigates investors' limited attention through Swedish investment companies and their respective underlying portfolios. The results indicate that there is no systematic lag in the stock price of investment companies relative to their underlying portfolios, implying that investors are attentive to the information of the underlying portfolio when valuing the investment company. READ MORE
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9. Biased While Betting on Bernie? A cross-sectional and panel data analysis of prediction error in U.S. election prediction markets from 2015 to 2020
University essay from Handelshögskolan i Stockholm/Institutionen för nationalekonomiAbstract : A consensus seems to have emerged that political prediction markets can lose predictive power when certain efficiency criteria are not met. With a cross-sectional dataset of 570 prediction markets about U.S. elections and a panel dataset with 6,465 days of trading from PredictIt. READ MORE
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10. Addressing climate change through unilateral action: The implications of adopting a European Union-wide Border Carbon Adjustment
University essay from Lunds universitet/LUCSUSAbstract : In the European Union’s (EU) Emissions Trading Scheme (ETS), free allocation of emissions allowances to avoid carbon leakage has resulted in a distorted pricing signal and a failure to reduce emissions in the most polluting industries. A Border Carbon Adjustment (BCA), a mechanism which would apply a tariff to imported goods based on their embedded carbon content, has been suggested as a solution. READ MORE