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Featured | Sponsored | Announcements | Finance and Banking | Technology and Science | General Interest | Research

Featured

• Video - Hugh Hendry at the LSE Alternative Investments Conference - bit.ly/uzL8L8
• Interested in opinions on this: Research suggests Bonuses and risk not linked - bit.ly/si4mQZ #risk
• RT @psyfitec - One Long Argument: A Big List of Behavioural Biases bit.ly/t1sLAn
• The Atlas of Economic Complexity: Mapping Paths to Prosperity - bit.ly/uy9FeO
• Towards a better financial system. A guest post by H.R. a risk management quant over at MathBabe bit.ly/vmPlBS
• Cosma Shalizi: A Marxian Econophysics - bit.ly/usXsGh
• Matt Taibbi: The idea that masses of people suddenly discovered a deep-seated animus/envy toward the rich is crazy. bit.ly/tVfRxi
• Rational learning about rare-disaster frequencies: A persistent source of asset-price overreaction bit.ly/v9nxe7
• RT @hftreview: Commentary: When Hidden Orders Come to Light. bit.ly/vWyEqL #hft
• Mathematically detecting bubbles before they burst - Robert Jarrow, Younes Kchia, and Philip Protter bit.ly/rLO1O1
• Open Source Wall Street: bit.ly/vDMb3h
• Liaisons Dangereuses: Increasing Connectivity, Risk Sharing, and Systemic Risk - bit.ly/uXEicu
• Risk parity bit.ly/vLLDUM thoughts and resources
• Sharing risk can increase risk - bit.ly/vfhfBU
• Andrew Lo: Reading About the Financial Crisis: A 21-Book Review - bit.ly/uBAQEj
• The economics of economics blogs; the impact of the medium - bit.ly/tb5NuB
• Locklin on science: Academia versus industry - bit.ly/rLZZUp
• Via @carlcarrie - Research: Equilibrium High Frequency Trading #hft bit.ly/rAqnFM
• Improving Academic Research into #HFT & Fighting High Frequency Spam bit.ly/uVMEqf
• A Short, Comprehensive, Practical Guide to Copulas - bit.ly/u0vWaY
• Complexity, Innovation and the Regulation of Modern Financial Markets bit.ly/rJbdWB
• Full Text: Note on financial reform from the Vatican bit.ly/tsAana - Commentary here: bit.ly/sLqfub
• Goldman Sachs: After the Fall (Fortune, 1998) bit.ly/pNZJv0
• Emanuel Derman (Video): There’s Enough Math in Finance Already. What’s Missing is Imagination bit.ly/oACT0t
• Research - The network of global corporate control bit.ly/qpBIR8

Sponsored

• Video - How to get Published in Academic Journals: Tips to Help You Succeed - bit.ly/tmD0PZ via @TandF_Economics
• The Institutionalisation of Hedge Funds - The Investor Due Diligence Bar Rises Ever Higher - bit.ly/oncT7i
• MSc Capital Markets, Regulation and Compliance at ICMA Centre - bit.ly/uyOhGR @icmacentre
• MSc in Mathematical Trading & Finance at Cass Business School bit.ly/u4aEgp @cassinthenews
• Real option pricing with mean-reverting investment and project value, The European Journal of Finance: bit.ly/rr31xX @TandF_Economics
• Cass to launch new MSc in Corporate Finance - bit.ly/taacmz @cassinthenews
• Gain A Fresh Perspective on Commodities - bit.ly/tDSwg8 @wb_finance

Announcements

• Financial Technology News Report - bit.ly/mTPZck - Updates Daily
• Check it out: The MoneyScience Financial Research Library - bit.ly/mlHniD
• In case you ever wondered, this is where MoneyScience has its office: bit.ly/s4sIeC @clevedonhall
• #DeutscheBoerse workshop "Machine-readable news as a source of alpha", Frankfurt, 17 November bit.ly/utxD2f #hft
• Thanks @AbnormalReturns for mentioning us in your Book review bonanza - bit.ly/rQVAGy
• News Analytics Workshop and other events bit.ly/syRHxg #finance
• Check it out: The Week in MoneyScience - Digest 22/10/11 - bit.ly/nq7Lsw

Finance and Banking

• Has the European Project failed? bit.ly/stHfkX
• The Greek government stands on the point of collapse bit.ly/v1Jk9P
• According to this article, there are more Porsches in Greece than taxpayers declaring 50,000 euro incomes tgr.ph/vyMNUF
• Selling More CDS on Europe Debt Raises Risk for U.S. Banks - bloom.bg/sYOeO6
• Greek referendum: Papandreou's gamble could pay off bit.ly/tKkMVC
• The EU bailout fund will be levered up to more than $1.39 trillion, German officials say apne.ws/oiJ7go
• Most Greek bailout money has gone to pay off bondholders wapo.st/obD3eq
• Eurozone summit - despair and backbiting in the corridors of power tgr.ph/pJUauA

• Even before the Goldman Sachs deal, Dave Hartnett was the most controversial tax commissioner in HM Revenue History bit.ly/nKciaE
• Bank of America Moves Risky Derivatives from Holding Company to Taxpayer-Backstopped Depository - bit.ly/vXyseJ
• Satyajit Das: Central Counter Party Politics bit.ly/vUfRct
• Is the recent bank stress really driven by the sovereign debt crisis? bit.ly/rPhARc
• Coutts hires quant head to exploit behavioural finance theory - Citywire lnkd.in/bj5Ksa
• Satyajit Das: Will a Central Counter Party Tame Derivatives Market Risks? bit.ly/nD5pg3
• 110 Common Errors in Company Valuations - bit.ly/o56iVh
• LSE Chairman, Chris Gibson-Smith insists politicians rather than City institutions to blame for global financial crisis bit.ly/sgdWCT
• The Curious Case of Transaction Taxes bit.ly/suGv6a
• BBC Newsnight: Nick Leeson: 'shocked' by bank scandals bbc.in/uVQIka
• "Too much of what is justified as reducing systemic risk is really just offloading risk onto others." bit.ly/rsXHvw RT @prosyn
• Headhunters are living in a bubble of delusion that must be burst, say banks bit.ly/sK7onA
• What are the challenges for today's quant traders? Advanced Trading spoke with Paul Wilmott bit.ly/rGUmZv @PhilAlbinus
• What happened at MF Global - @FelixSalmon reut.rs/t1FYdZ
• We are still waiting for clarity on the rules that will define acceptable trading protocols in a post-Dodd-Frank world bit.ly/sIBpLU
• The Dodd-Frank Act, systemic risk and capital requirements - Viral Acharya and Matthew Richardson - bit.ly/v7GpCX
• Pipeline Trading System pay $1m fine for failing to disclose most orders in its dark pool were filled by an affiliate bit.ly/tbFsBD
• Basel III tools eyed up as systemic risk controls, but their effect on the wider economy is unproven bit.ly/sNVmiY
• Brent crude oil is cruising at the historically high price of around $110 a barrel. Why? bit.ly/u58WyH
• Voices of finance: risk and compliance consultant at a major bank - bit.ly/tD04uR
• Voices of finance: fundraiser at sharia-compliant venture capital firm - bit.ly/tyuazF
• Voices of finance: chief operating officer (equity division) at a bulge bracket bank - bit.ly/uDZcQq
• This column argues investment banking is critical to any effective economy - bit.ly/s3aJe6
• Merrill Lynch Warns of Another U.S. Debt Downgrade- abcn.ws/nFu7cr
• Regulators are examining whether MF Global diverted some customer funds to support its own trades nyti.ms/tPDWEt
• RT @QFINANCEnews: Yen strength frustrates Bank of Japan but the future looks brighter for Japanese investments bit.ly/sSCt5h
• St Paul's Clerics suppress report on bankers' greed to save church embarrassment ind.pn/stx2kX #LSX
• RT @QFINANCEnews: Can the SEC be made “fit for purpose”? bit.ly/uavlL7
• Can a monkey pick a hedge fund? bit.ly/vBWulR
• “I Demand to Know What You’re Demanding!” Some Remarks on Programme at OccupyLSX bit.ly/tNGwD7
• The Future of UK Regulation (FSA Speech) - The Financial Services Club's blog @ MoneyScience bit.ly/uabDT6
• Raj Rajaratnam reveals why he didn’t take a plea that could have saved him from 11 years in jail bit.ly/sk2IOL
• Audio - How to break into the hedge fund industry with an internship - bit.ly/q54MHI

Technology and Science

• Automatic GPU Computing for Derivatives Pricing Models slides from London seminar bit.ly/uTPSEg RT @matt_davey
• #HFT Careers and How to Get Into High Frequency Trading - bit.ly/sGPknY
• Data, data everywhere, not a byte to use - bit.ly/tVDAUg @celent_research #hft
• Why you should expect more technology jobs thanks to MiFID II bit.ly/rLASOe #fintech
• Ultralow-latency connectivity that complies with the new 'naked access' ban. bit.ly/vCWhpB #hft
• MathBabe talks a little bit about Math in Business bit.ly/n6Obhx
• New technology pinpoints anomalies in complex financial data bit.ly/rCFKdj
• Humans, Not Systems, New Targets of Hack Attacks Requiring New Security Methods - bit.ly/u68SAg
• Is Bitcoin the future of money … or are we smoking dope? bit.ly/qnAFws
• It was the New York Machine Learning symposium the Friday before last bit.ly/soG5dz
• John McCarthy - Father of AI and Lisp - Dies at 84 bit.ly/sGAyO8
• The End of the Credit Card? A new app called Card Case foretells a world without cash and plastic slate.me/vjK8OM
• Occu-π: The Strange History of Counting To Pi - bit.ly/uTp9nG
• Japan Pushes World's Fastest Computer Past 10 Petaflop Barrier - bit.ly/uR6Qc4
• Rather cool: Kinect hack merges the real and virtual worlds bit.ly/w1Su5O
• The security debate in cloud computing - bit.ly/rMAwic
• Faster-than-light neutrino experiment to be run again bbc.in/rqWEVf

General Interest

• Is trillion the new billion? bbc.in/vWsXga
• Simoleon Sense:- Weekly Roundup 151: A Curated Linkfest For The Smartest People On The Web bit.ly/s5frm8 #linkfest
• RT @infoarbitrage - Too many start-ups or too few venture dollars bit.ly/sfkR90
• Kimberley Process: Zimbabwe diamond exports approved - bbc.in/ubJqZf
• Are the Art and Wine Bubbles About to Pop? - on.wsj.com/rUu03v
• Since May 2010 the UK Treasury has lost: 7 computers,1 mobile phone & wait for it,14 BlackBerrys - bit.ly/tmyMK0
• Euphemisms for Morally Disengaged Managers bit.ly/sqY3wV @psyfitec
• Something a bit different. Freakonometrics has been thinking about Zombies and Random Walks - bit.ly/uiQ6ZM
• So what is the 'Corporation of the City of London' anyway? bit.ly/rXnrZg
• Evidence-based policy through mechanism experiments - bit.ly/unkqnI
• The market for small toys: "When children trade in the playground, they become the traders of tomorrow..." bbc.in/sBFoAn
• Apologies, Their Use and Meaning: A Course Module bit.ly/tdbbzI @SSRN
• The news of Rajat Kumar Gupta's arrest was heard in the corridors of the Indian School of Business amid hushed silence bit.ly/vHRTKZ
• When to Tell the Kids They’re Rich - on.wsj.com/urrrqd
• More comment here - bit.ly/uGb3D4 - on 'The network of global corporate control here: bit.ly/qpBIR8
• What are 'Real Options' anyway? bit.ly/rLUE7w (wikipedia)
• Changes in information technology are leading to more herd behaviour and a more unified global society econ.st/sEE6Fw
• Internet memes and networked individualism: A perfect couple? - bit.ly/rLryKf
• Last week was the 25th Anniversary of Margaret Thatcher's 'Big Bang' in the City - bit.ly/tqwJMP
• 4 theories on the rise of the "high-beta-rich" on.wsj.com/v1wdSw
• NYT Review - Kevin Spacey and 'Margin Call' nyti.ms/oDL3DE
• Rationally Speaking: Engineers vs intellectuals? How Timothy Ferris gets it spectacularly wrong bit.ly/oNY34G
• Video - Could a Russia-US rail tunnel be built? bbc.in/nilQX1

Research

• How efficiency shapes market impact - bit.ly/uH1BRm
• Fairness Is an Emergent Self-Organized Property of the Free Market for Labor - bit.ly/nx8Aew
• Backbone of complex networks of corporations: The flow of control - bit.ly/vQM21J
• Systemic Risk in the Financial System: Insights from Network Science bit.ly/pi5jBG
• You don't see very much 'Real Options' research out there. Try: Product Development with Value-Enhancing Options bit.ly/vVyHBY
• Size Matters: Calibrating Shrinkage Estimators for Portfolio Optimization bit.ly/qjLclr @SSRN
• Quantifying Systemic Risk: Hedge Fund Tail Risk http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1898922&http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1898922&http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1898922">tinyurl.com/3zmzf8r
• Market Declines: Is Banning Short Selling the Solution? bit.ly/rZETlA via: @Kiffmeister @SSRN
• This is Your Portfolio on Winter: Seasonal Affective Disorder and Risk Aversion in Financial Decision Making bit.ly/ohQ7VX

• arXiv: An analytical performance comparison of exchanged traded funds with index funds: 2002-2010. (arXiv:1111.0... bit.ly/t5v1bE
• arXiv: Multidimensional dynamic risk measure via conditional g-expectation. (arXiv:1011.3685v3 [q-fin.RM] UPDATED) bit.ly/uedeBp
• arXiv: Randomizing world trade. I. A binary network analysis. (arXiv:1103.1243v3 [physics.soc-ph] CROSS LISTED) bit.ly/tVmrJo
• arXiv: Randomizing world trade. II. A weighted network analysis. (arXiv:1103.1249v3 [physics.soc-ph] CROSS LISTED) bit.ly/swjmE1
• arXiv: Option Pricing in Multivariate Stochastic Volatility Models of OU Type. (arXiv:1001.3223v2 [q-fin.PR] UPDATED) bit.ly/tG5Epz
• arXiv: Fat Tails Quantified and Resolved: A New Distribution to Reveal and Characterize the Risk and Opportunity... bit.ly/trbEki
• arXiv: Coupled Oscillator Model of the Business Cycle with Fluctuating Goods Markets. (arXiv:1110.6679v1 [q-fin.ST]) bit.ly/rEy0Mg
• arXiv: Symmetries of the Black-Scholes equation. (arXiv:1110.6170v1 [q-fin.CP]) bit.ly/rXjO71
• arXiv: Portfolio optimisation under non-linear drawdown constraints in a semimartingale financial model. (arXiv:... bit.ly/syiRsQ
• arXiv: Hedging of time discrete auto-regressive stochastic volatility options. (arXiv:1110.6322v1 [q-fin.PR]) bit.ly/tz4Lkv
• arXiv: A stochastic volatility model with jumps. (arXiv:math/0603527v2 [math.PR] UPDATED) bit.ly/v8dcsz
• arXiv: Bernstein processes, Euclidean Quantum Mechanics and Interest Rate Models. (arXiv:0911.2229v2 [math.PR] UPDATED) bit.ly/ubQMsS
• arXiv: On affine interest rate models. (arXiv:0911.2757v4 [math.PR] UPDATED) bit.ly/viqTIv
• arXiv: Explosive Volatility: A Model of Financial Contagion. (arXiv:1110.5789v1 [stat.AP]) bit.ly/uF3tg8
• arXiv: Two-factor capital structure models for equity and credit. (arXiv:1110.5846v1 [q-fin.PR]) bit.ly/sXk41k
• arXiv: A Quantum-like Approach to the Stock Market. (arXiv:1110.5350v1 [q-fin.GN]) bit.ly/sv8W2I
• arXiv: Causal modeling and inference for electricity markets. (arXiv:1110.5429v1 [stat.AP]) bit.ly/vRINs2
• arXiv: Optimizing expected utility of dividend payments for a Erlang risk process. (arXiv:1110.5446v1 [q-fin.CP]) bit.ly/uBDjrk
• arXiv: Entrepreneurship: what's happening?. (arXiv:1110.5516v1 [q-fin.GN]) bit.ly/rUvtRd
• arXiv: Entrepreneurship: some considerations. (arXiv:1110.5518v1 [q-fin.GN]) bit.ly/seS0AC
• arXiv: On Gerber-Shiu functions and optimal dividend distribution for a Levy risk-process in the presence of a p... bit.ly/u1XWG3
• arXiv: Computing Economic Equilibria by a Homotopy Method. (arXiv:1110.5144v1 [q-fin.CP]) bit.ly/tmFzi7
• arXiv: Memory effects in stock price dynamics: evidences of technical trading. (arXiv:1110.5197v1 [q-fin.ST]) bit.ly/twzcwk
• arXiv: Fundamental Measurements in Economics and in the Theory of Consciousness. (arXiv:1110.5283v1 [physics.gen-ph]) bit.ly/tWvXdr
• arXiv: Fundamental Measurements in Economics and in the Theory of Consciousness (Manifestation of quantum-mechan... bit.ly/s6snLr
• arXiv: Anti-Robust and Tonsured Statistics. (arXiv:1110.4648v1 [q-fin.ST]) bit.ly/nkk1zY
• arXiv: Bridge Copula Model for Option Pricing. (arXiv:1110.4669v1 [q-fin.PR]) bit.ly/oCbAbm
• arXiv: Web search queries can predict stock market volumes. (arXiv:1110.4784v1 [q-fin.ST]) bit.ly/pk9POs
• arXiv: A limit order book model for latency arbitrage. (arXiv:1110.4811v1 [q-fin.TR]) bit.ly/nrrNn5