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Nadex will observe the following product specific trading hours for the week of February 20, 2017:

Click here to download Tehran Stock Exchange's weekly market review.

The total value of shares traded for the week ending 16 February 2017 amounted to SAR 18.02 billion, decreasing by 5.68% over the previous week; while total stock market capitalization reached SAR 1,671.11 billion at the end of this period, increasing by 2.46% over the previous week.

This note complements the inspiring work on dimensional analysis and market microstructure by Kyle and Obizhaeva \cite{kyle2016dimensional}. Our main theorem shows by a similar argument as usually applied in physics the following remarkable fact. If the market impact of a meta-order only depends on four well-defined and financially meaningful variables, then -- up to a constant -- there is only one possible form of this dependence. In particular, the market impact is proportional to the square root of the size of the meta-order.

Estimation of the intensity of a point process is considered within a nonparametric framework. The intensity measure is unknown and depends on covariates, possibly many more than the observed number of jumps. Only a single trajectory of the counting process is observed. Interest lies in estimating the intensity conditional on the covariates. The impact of the covariates is modelled by an additive model where each component can be written as a linear combination of possibly unknown functions. The focus is on prediction as opposed to variable screening. Conditions are imposed on the coefficients of this linear combination in order to control the estimation error. The rates of convergence are optimal when the number of active covariates is large. As an application, the intensity of the buy and sell trades of the New Zealand dollar futures is estimated and a test for forecast evaluation is presented. A simulation is included to provide some finite sample intuition on the model and asymptotic properties.

Deputy Ruler of Dubai and President of Dubai International Financial Centre His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum yesteday officially opened Bank of Singapore’s branch in the Dubai International Financial Centre (DIFC).

Highlights - financial results 1H17 - Continued profit growth

The Conduct Outcomes Report 2016 highlights the key issues and actions from the FMA’s enforcement, supervision and preventative activities for the financial year July 2015 to June 2016.

A speech and Q&A with billionaire and the second richest hedge fund manager in the world, James Simons. In this speech James talks about his life, career and the events that lead him to starting Renaissance Technologies. James also goes on to speak about why Renaissance technologies is so successful and his guiding principles for life.

Market Summary

Deutsche Börse Group announced today that it has invested in the first German growth fund for fast-expanding B2B-software companies. The fund has been initiated by Digital+ Partners; and the first subscription tranche of the ’Digital Growth Fund I’ has been closed with an amount of 131.5 million euros. Deutsche Börse has invested jointly with other institutional investors from Germany such as ZEISS. With its fund, Digital+ Partners contributes to the successful digitization of the German industry and the financial sector.

Dubai Financial Market Company (PJSC) today launched its investor relations application, which allows users to easily access the company’s financial information and various updates through their hand-held devices. Available in both Arabic and English, the application features key information about the company, updated and historical data of share price, annual and quarterly reports, IR Calendar and Press releases. Investors can also set the Push notifications function to instantly receive updates as soon company news, disclosures and any other new content are posted.

On Sunday 19 February 2016 a delegation from Muscat Bank paid a visit to TSE.

#AI and #Bitcoin Are Driving the Next Big Hedge Fund Wave https://t.co/pmmQ5dsDqt â moneyscience (@moneyscience) February 20, 2017

"How a Group of MIT Students Gamed the Massachusetts State Lottery. And won millions" https://t.co/Ml9pwbuAVw ht @Undercoverhist â Arthur Charpentierâ¦

Highlights

Bigbank AS, one of Estonia’s largest banks, has selected Accuity to streamline its account and payments screening processes and help better identify financial crime risk, highlight potential sanctions breaches and flag potentially high-risk customers and politically exposed people (PEP).

SIX Swiss Exchange is enlarging its choice for Clearing Services and welcomes EuroCCP as third Central Counterparty (CCP) for the Swiss market. With the go-live of EuroCCP, the Swiss exchange strengthens its interoperability and caters even better to the needs of its clients. Both existing and potential trading participants benefit from an new option, in addition to SIX x-clear Ltd and LCH Ltd, to select their ideal setup.

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