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US Payment Market Infrastructures Agree To Support SWIFT gpi Tracking Of...

SWIFT announces today that the Fedwire® Funds Service of the Federal Reserve Banks in the United States and The Clearing House (CHIPS) have established local market practices for their participants...

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Source Opens The Door To FinTech - The Source KBW NASDAQ Fintech UCITS ETF

Source has launched Europe’s first-ever UCITS fund focused solely on financial technology (“fintech”) companies. Fintech is one of the biggest growth stories of the century so far but, until now, there...

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Siemens To Expand Financial Solutions For Asia-Australia Region

The Monetary Authority of Singapore (MAS) grants approval for Siemens Bank GmbH Singapore Branch to operate as a merchant bank in Singapore. The new branch will cover financing activities for the...

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ESMA Publishes First Set Of CSDR Q&As

The European Securities and Markets Authority (ESMA) has published its first set of Questions and Answers (Q&As) on the CSDR, this follows the publication in the Official Journal of the CSDR Level...

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https://t.co/rH7tX6viQf

Marketplace: Cobb Systems Group seeks Senior Lead Dev to oversee development & support of data integration & apps https://t.co/rH7tX6viQf — moneyscience…

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Hong Kong's Securities And Futures Commission Bans Former Responsible Officer...

The Securities and Futures Commission (SFC) has prohibited Mr Huang Qiang, former managing director and responsible officer of Guangdong Securities Limited (GSL), from re-entering the industry for nine...

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SGX Raises Pro-Rata Renounceable Rights Issue Cap To 100% Of Share Capital

Singapore Exchange (SGX) is enabling companies to seek a general mandate for an issue of pro-rata renounceable rights shares of up to 100% of the share capital from 50% previously. The enhanced rights...

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Reinventing Algos: ITG Survey Finds Buyside Traders Seeking Custom Features...

NEW YORK, March 13, 2017 (GLOBE NEWSWIRE) -- ITG (NYSE:ITG), a leading independent broker and financial technology provider, today released a survey of North American institutional investors’ views...

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Rival Systems And Algo-Logic Systems Level The Playing Field With Integrated...

Rival Systems (Rival), an award-winning provider of trading and risk management software, and Algo-Logic Systems, a leading FPGA ultra-low latency trading solutions provider, announced today that they...

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CME Group Inc. Announces First-Quarter 2017 Earnings Release, Conference Call

CME Group Inc. will announce earnings for the first quarter of 2017 before the markets open on Thursday, April 27, 2017.  The company has scheduled an investor conference call that day at 7:30 a.m....

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Procrastination and Property Tax Compliance: Evidence from a Field Experiment...

Municipal governments commonly confront problems with property tax collection. We model tardy taxpayers as procrastinators that have a present bias. Late payments arise due to lack of salience, lack of...

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When Harry Fired Sally: The Double Standard in Punishing Misconduct -- by...

We examine gender discrimination in the financial advisory industry. We study a less salient mechanism for discrimination, firm discipline following missteps. There are substantial differences in the...

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The Impact of Public and Private Research Support on Premature Cancer...

We use data from PubMed and other sources to examine the impact of public and private research support on premature (before ages 75, 65, and 55) cancer mortality and hospitalization, by estimating...

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Worker Overconfidence: Field Evidence and Implications for Employee Turnover...

Combining weekly productivity data with weekly productivity beliefs for a large sample of truckers over two years, we show that workers tend to systematically and persistently over-predict their...

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Urban Water Disinfection and Mortality Decline in Developing Countries -- by...

Historically, improvements in the quality of municipal drinking water made important contributions to mortality decline in wealthy countries. However, water disinfection often does not produce...

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Real Anomalies -- by Jules H. van Binsbergen, Christian C. Opp

We examine the importance of asset pricing anomalies (alphas) for the real economy. We develop a novel quantitative model with lumpy investment that features such informational inefficiencies and...

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Trade Policy and Redistribution when Preferences are Non-Homothetic -- by...

We compare redistribution through trade restrictions vs. domestic lump-sum transfers. When preferences are non-homothetic, even domestic lump-sum transfers affect relative prices. Thus, contrary to the...

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The Earnings of Undocumented Immigrants -- by George J. Borjas

Over 11 million undocumented persons reside in the United States, and there has been a heated debate over the impact of legislative or executive efforts to regularize the status of this population....

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Financial Markets and Fiscal Unions -- by Patrick J. Kehoe, Elena Pastorino

Do sophisticated international financial markets obviate the need for an active union-wide authority to orchestrate fiscal transfers between countries to provide adequate insurance against...

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The Emergence of Market Structure -- by Maryam Farboodi, Gregor Jarosch,...

What market structure emerges when market participants can choose the rate at which they contact others? We show that traders who choose a higher contact rate emerge as intermediaries, earning profits...

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