The liberalisation of capital flows makes in the Romanian economy vulnerable to the important and presumably unstable capitals.

Using generation approach we examine the genesis and mechanisms in major financial crisis and focus on the recent sub – prime crisis. We believe that in the era of increased financial globalization a reliable approach has to consider besides fundamental factors multiple equilibriums and self...

Romanian Abstract: Lucrarea de faţă abordează tematica arbitrajului preţurilor dezvoltată de către Stephen A. Ross (1976), care porneşte de la premiza că valorile mobiliare subevaluate pot fi revândute pe o altă piaţă în ideea de a profita în urma diferenţei de preţ, această...

Investment companies are exploring the best opportunities on financial markets for financial instruments transactions in order to optimize the portfolio structure and to diversify the risk. Trading the financial derivatives is assumed to be one of the most efficient methods to increase the...