This paper presents an overview of the application in the banking industry of operations research (OR) techniques such as linear programming, statistical analysis and simulation which have been widely applied in banks to help improve operational effectiveness and productivity. The aim is to...

Over the last twenty years the financial markets of Hong Kong have developed rapidly. Although empirical studies on the behaviour of the Hong Kong stock market abound, much controversy over the efficiency of the market still exists. Some recent studies have shown that the market is inefficient...