Financial markets such as stock exchanges and electronic prediction markets frequently use the services of an entity called the market-maker to ensure that the market’s traders can make their transactions. Recently, several strategies that can be used by market-makers to control market trading prices have been proposed by various researchers. A detailed comparison of these market maker strategi...

The financial services industry has experienced major changes in recent years, including globalization, deregulation, disintermediation, technological advancements, and new competitive structures. In the light of these changes, banks try to simultaneously achieve higher operational efficiency and higher flexibility. Both goals have been achieved in other industries with the digitalization and s...

Modern financial market places are the most competitive and most dynamic ones in all of the history wherefore especially market risk management is a vital task in the financial services industry. Since market risk management is a compute and resource-intensive process, Grid applications seem to be a promising solution to meet the tremendous calculation demand in the financial services industry ...

a r t i c l e i n f o The Dow Jones Islamic Market indices (DJIMI) are constructed by screening out stocks that are incompatible with Islam's prohibition of interest and certain lines of business. However, as a blunt instrument, the interest rate can affect discounted cash flows of any firm, even a firm with no financial leverage. This study reveals that the aggregate portfolio of Islamic stock...

igh quality services have been shown to be directly linked to increased market share, profits and savings, and generally, service quality is also recognized as a corporate marketing and financial performance driver. Specifically, patients' quality perceptions have been shown to account for 17-27 per cent of variation in a hospital's financial measures such as earnings, net revenue and asset ret...

With a constant new stream of financial services coming to the market, each often more exotic and complicated than the last, the financial services industry, which includes commodity derivatives exchanges, brokerage houses and banks providing price risk reduction services (the so-called hedging services), is one of the fastest growing industries. In order to assure survival, these companies sho...

Forest goods and services benefit both local and global communities, but not all forest uses generate financial returns commensurate with their “true” economic value. This is because several forest benefits, notably environmental services, are not traded in markets and have no observable price. There are many reasons why markets often fail to reflect environmental values. This section starts by...

The providing of financial services to the poor and the very-poor, particularly in rural areas, is the purpose of microfinance institutions (MFIs), and the assessment of the regulatory framework for MFIs is part of broader assessment of adequacy of access. Access, however, is multidimensional, and assessing its adequacy requires a review of (a) the range of financial services provided—and targe...

background and objectives: induced demand in healthcare is referred to as provision of unnecessary services or the patient by health services providers, while the patient is not aware of their unnecessity. apart from being unethical, this practice can potentially disturb the supply and demand balance in the health market, pose financial load on the patient, thread the patient’s health by imposi...