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We investigate financial contract management on distributed ledgers and provide a working solution implemented on the Ethereum block-chain. The system is based on a domain-specific language for financial contracts that is capable of expressing complex multi-party derivatives and is conducive to...
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MiFID requires investment firms to be able to demonstrate that they have secured the best possible execution for their clients, taking into account the various characteristics of the trades involved. In this article, Mark Yeandle, Senior Consultant at Z/Yen, reviews the development and testing...
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Automation, even while increasing aggregate employment in the long run, can displace and cause significant harm to … employees, deter investing in automation innovation. Using both novel and previously-used proxies of prosocial preferences (e … reports, Machiavellianism score, and charity engagement), we show that managerial prosociality decreases automation innovation …
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