New techniques to extract market expectations from financial instruments

Consumer Attitudes, Expectations, and Financial Market Participation

Eroding market stability by proliferation of financial instruments

We contrast Arbitrage Pricing Theory (APT), the theoretical basis for the development of financial instruments, with a dynamical picture of an interacting market, in a simple setting. The proliferation of financial instruments apparently provides more means for risk diversification, making the market more efficient and complete. In the simple market of interacting traders discussed here, the pr...

Using Text and Data Mining Techniques to extract Stock Market Sentiment from Live News Streams

Analyzing stock market trends and sentiment is an interdisciplinary area of research being undertaken by many disciplines such as Finance, Computer Science, Statistics, and Economics. It has been well established that real time news plays a strong role in the movement of stock prices. With the advent of electronic and online news sources, analysts have to deal with enormous amounts of real-time...

Financial market crisis and financial market channel

Capability-Based Financial Instruments

Every novel cooperative arrangement of mutually suspicious parties interacting electronically — every smart contract — effectively requires a new cryptographic protocol. However, if every new contract requires new cryptographic protocol design, our dreams of cryptographically enabled electronic commerce would be unreachable. Cryptographic protocol design is too hard and expensive, given our unl...