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This Joint Country Evaluation of the development cooperation of Denmark, Sweden and the European Union with Bangladesh …
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distress. This can be explained by the hoarding of liquid securities by prime brokers who are eager to avert runs by their …
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The price of derivatives (and hence of structured products) can be calculated as thediscounted value of expected future payoffs, assuming standard hypotheses on frictionless and complete markets and on the type of stochastic processes for the price of the underlying. However, the probabilities...
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The European Securities and Markets Authority (ESMA) has published its Annual Report 2013 (Report) on credit rating …
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Trading Platforms (TPs), which have automated trading members, have been the focus of increased attention in recent years. ESMA therefore decided in 2013 to conduct a peer review on the Guidelines on systems and controls in an automated trading environment for trading platforms, ESMA 2012/122...
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