The standard statistical framework for evaluating investment risk and performance breaks down in the presence of modern quantitative investment strategies. In this paper, we illustrate the problematic nature of applying a 95% confidence level to algorithmic trading models. We introduce an...

In the past few years, many states have responded to the increasing number of limited service brokers by passing minimum service requirements. Limited service brokers can be viewed as those brokers who are offering their marketing and representative services A La Carte as opposed to the more...

For seasoned equity offerings, the discounting of the offer price from the closing price on the previous day is influenced by the level of asymmetric information surrounding the firm and the offering, as well as compensation to investors willing to purchase new shares. Discounting is important...

Despite a recent upturn, housing prices remain in flux in most cities nationwide. Lenders are still left dealing with a glut of distressed properties. they can choose to foreclose on the property or allow the owner/mortgagor to attempt to sell the property for less than the outstanding balance...

This study investigates whether or not non-traditional marketing has an affect on the prices paid for residential real estate. Non-traditionally broker-marketed properties are defined as those properties that are sold with the aid of a real estate broker, but not marketed through a Multiple...