A recent trend in the German Asset Backed Securities (ABS) market is the securitisation of subordinated loans and profit participation agreements (PPAs) granted to medium-sized enterprises (MEs). This paper provides an overview of this growing market and analyses the benefits of such transactions for the portfolio companies as well as originators and potential investors. Simulations of ten rece...

Regulated short selling transactions is an alternative that was introduced by the Syariah Advisory Council (SAC), which attached to Securities Commission Malaysia, implement in Malaysia. Short not permitted because it involves various Shariah-related issues, including usury, uncertainty (ghārar), gambling, speculation etc. Since has advantageous terms of liquidity and opportunities for inves...

In this article, we start with the brief description of the essence of geometric moment theory method for optimization of integrals due to Kemperman [1-3]. Then, we solve several new Moment problems with applications to stock market and financial Inathenlatics. That is, we give methods for optimal allocation of funds over stocks and bonds at maximum return. More precisely, we present here the o...

The Iowa Electronic Markets are small, real-money financial markets designed to aggregate information about future events. The market microstructure of these markets is studied and a market making model is developed to provide liquidity for one set of securities offered by this exchange. A computer program was created to employ the market making model and profit from the market’s inefficiencies...

Sec. 2550.403a–1 Establishment of trust. 2550.403b–1 Exemptions from trust requirement. 2550.404a–1 Investment duties. 2550.404b–1 Maintenance of the indicia of ownership of plan assets outside the jurisdiction of the district courts of the United States. 2550.404c–1 ERISA section 404(c) plans. 2550.407a–1 General rule for the acquisition and holding of employer securities and employer real pro...

Two-stage utility maximization theory has been widely used in the literature to estimate import demand for agricultural commodities that are often inputs. This article examines the overlooked conceptual and empirical limitations of applying two-stage utility maximization theory to model the demand for imported commodities that are inputs. A discussion is presented about how the underutilized th...

Contents 1 Abstract 2 2 Introduction 2 2. 1 Abstract We develop models to price long term loans in the securities lending business. These longer horizon deals can be viewed as contracts with optionality embedded in them and can be priced using established methods from derivatives theory, becoming to our limited knowledge, the first application that can lead to greater synergies between the oper...

the history of legislations and statutory law securities markets in iran represents a scattered and haphazard adoption for other jurisdictions without a proper attention to the theoretical foundations of foreign laws. this has led to incompetent and alien laws to the indigenous conditions. as such a theoretical investigation of the foundations and policies behind such laws is inevitable. as far...

in the restructured environment of electricity market, firstly the generating companies and the customers are looking for maximizing their profit and secondly independent system operator is looking for the stability of the power network and maximizing social welfare. in this paper, a one way auction in the electricity market for the generator companies is considered in both perfect and imperfec...