Note: This page contains sample records for the topic taiwan stock exchange from Science.gov.
While these samples are representative of the content of Science.gov,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of Science.gov
to obtain the most current and comprehensive results.
Last update: November 12, 2013.
1

Persistence Probability Analyzed on the Taiwan STOCK Market  

NASA Astrophysics Data System (ADS)

We report a numerical study of the Taiwan stock market, in which we used three data sources: the daily Taiwan stock exchange index (TAIEX) from January 1983 to May 2006, the daily OTC index from January 1995 to May 2006, and the one-min intraday data from February 2000 to December 2003. Our study is based on numerical estimates of persistence exponent ?p, Hurst exponent H2, and fluctuation exponent h2. We also discuss the results concerning persistence probability P(t), qth-order price-price correlation function Gq(t), and qth-order normalized fluctuation function fq(t) among these indices.

Chen, I.-Chun; Chen, Hung-Jung; Tseng, Hsen-Che

2

Scaling characteristics in the Taiwan stock market  

NASA Astrophysics Data System (ADS)

Some statistical tools, including histogram, spectral analysis and fractal theory, were used on the daily Taiwan stock price index (TSPI) from 1987 to 2002 to examine the possible scale-invariant behavior and the clustering characteristics in Taiwan stock market. It was found that the TSPI data exhibited the characteristic of right-skewed frequency distribution. The long-term memory and the possibility of scale invariance were roughly identified through the analysis of autocorrelation and power spectrum, respectively. The monofractal analysis was then performed by the box-counting method. Scale invariance was clearly found in the time series and the box dimension was shown to be a decreasing function of the threshold index level, implying multifractal characteristics, i.e., the low and high regions scale differently. To test this hypothesis, the time series were transferred into a useful compact form through the multifractal formalism, namely, the ?(q)-q and f(?)-? plots. The analysis confirmed the existence of multifractal characteristics in the investigated time series. The origin of multifractal phenomena in Taiwan stock market might be interpreted in terms of the multiplicative cascade process of stock market information.

Ho, Ding-Shun; Lee, Chung-Kung; Wang, Cheng-Cai; Chuang, Mang

2004-02-01

3

The overnight effect on the Taiwan stock market  

NASA Astrophysics Data System (ADS)

This study examines statistical regularities among three components of stocks and indices: daytime (trading hour) return, overnight (off-hour session) return, and total (close-to-close) return. Owing to the fact that the Taiwan Stock Exchange (TWSE) has the longest non-trading periods among major markets, the TWSE is selected to explore the correlation among the three components and compare it with major markets such as the New York Stock Exchange (NYSE) and the National Association of Securities Dealers Automated Quotation (NASDAQ). Analysis results indicate a negative cross correlation between the sign of daytime return and the sign of overnight return; possibly explaining why most stocks feature a negative cross correlation between daytime return and overnight return [F. Wang, S.-J. Shieh, S. Havlin, H.E. Stanley, Statistical analysis of the overnight and daytime return, Phys. Rev. E 79 (2009) 056109]. Additionally, the cross correlation between the magnitude of returns is analyzed. According to those results, a larger magnitude of overnight return implies a higher probability that the sign of the following daytime return is the opposite of the sign of overnight return. Namely, the predictability of daytime return might be improved when a stock undergoes a large magnitude of overnight return. Furthermore, the cross correlations of 29 indices of worldwide markets are discussed.

Tsai, Kuo-Ting; Lih, Jiann-Shing; Ko, Jing-Yuan

2012-12-01

4

Asset price fluctuations in Taiwan: evidence from stock and real estate prices 1973 to 1992  

Microsoft Academic Search

This paper studies the observed price fluctuations from 1973 to 1992 of two major assets in Taiwan: real estate and stocks. Equity prices are found to Granger-cause real estate prices. I then ask under which transmission channel do Taiwan’s asset prices play a more important role. Bank loans are found to be much more significant than interest rates in predicting

Nan-Kuang Chen

2001-01-01

5

Technical trading strategies and cross-national information linkage: the case of Taiwan stock market  

Microsoft Academic Search

This study tests four prevalent moving average technical trading rules for Taiwan stock markets. More notably, cross-national information from the US stock markets is also incorporated in our technical trading rules to project Taiwan stock market movements. We then design trading strategies and investigate their predictive power over buy-and-hold strategy. Our results suggest that technical trading rules are predictive for

Yung-Ho Chang; Massoud Metghalchi; Chia-Chung Chan

2006-01-01

6

Chicago Board Options Exchange Understanding Stock Options  

NSDL National Science Digital Library

Understanding Stock Options by the Chicago Board Options Exchange (CBOE) provides a good non-technical introduction to options. It explains the benefits of options, differences between options and stocks, the pricing of options, and it provides some basic options strategies. Fischer Black and Myron Scholes first published their formula for valuing an option in 1973. Robert Merton independently derived an alternative method for valuing options in 1973 as well. The availability of the Black and Scholes formula for valuing options has helped the options market to grow rapidly.

1994-01-01

7

Stock Prices, Exchange Rates and Causality in Malaysia: A Note  

Microsoft Academic Search

This article contributes to the debate on stock prices and exchange rates in Malaysia. It examines the causal relations using a new Granger non-causality test proposed by Toda and Yamamoto (1995). The study indicates a feedback interaction between exchange rates and stock prices during the pre-crisis period. The results also reveal that exchange rates lead stock prices for the crisis

W. N. W. Azman-Saini; M. S. Habibullah; Siong Hook Law; A M Dayang-Affizzah

2007-01-01

8

Professional football and Stock Exchange: experince in some European Leagues  

Microsoft Academic Search

From January, 2002, the Sports Limited Companies (SAD) can quote in Stock Exchange in Spain. For several years, other European leagues take us the front part and the most excellent teams exchange their actions in the Stock exchanges. Nevertheless soccer has already had relation with the secondary market in Spain. In the present work, these experiences are revised and the

Angel Barajas

2002-01-01

9

Stock market prices, *causality+ and eƒciency: evidence from the Athens stock exchange  

Microsoft Academic Search

During the last few years there has been growing evidence against the Eƒcient Market Hypothesis. In this study we investigate the hypothesis using stock prices of common and preferred stocks from the Athens Stock Exchange. In Greece, preferred shares are regarded as part of the equity capital of the Greek companies and they are not considered as part of the

NIKITAS A. NIARCHOS

1998-01-01

10

Informed trading and liquidity in the Shanghai Stock Exchange  

Microsoft Academic Search

Dufour and Engle (J. Finance (2000) 2467) find evidence of increased presence of informed traders when the NYSE markets are most active. No such evidence, however, can be found by Manganelli (J. Financial Markets (2005) 377) for the infrequently traded stocks. This article investigates the issue of informed trading and its relation to liquidity in Shanghai Stock Exchange. Consistent with

Woon K. Wong; Dijun Tan; Yixiang Tian

2009-01-01

11

The Price Impact of Stock Trades: Evidence from the Prague Stock Exchange  

Microsoft Academic Search

Using high-frequency trade and quote data from the Prague Stock Exchange, this paper investigates the price impact of stock trades using a vector autore- gressive model. We …nd that (a) full impact of a trade on the security price is not felt instantaneously but a with a protracted lag, (b) as a function of trade innovation size, the ultimate impact

Vít Bubák

2005-01-01

12

The Price Impact of Stock Trades: Evidence from the Prague Stock Exchange  

Microsoft Academic Search

Using high-frequency trade and quote data from the Prague Stock Exchange, this paper investigates the price impact of stock trades using a vector autoregressive model. We find that (a) full impact of a trade on the security price is not felt instantaneously but a with a protracted lag, (b) as a function of trade innovation size, the ultimate impact of

Vít Bubák; Filip Žikeš

2006-01-01

13

Volatility of stock returns: the case of the Belgian Stock Exchange  

Microsoft Academic Search

This investigation focuses on the volatility of stock returns in the Belgian Stock Exchange from the period of April 1991 to April 2008. Empirical results have shown that there is a mean and volatility spillover effect from the big European markets. There are also mean spillover effects from the markets of the USA and the UK to the market of

Nikolaos Sariannidis; Ioannis Koskosas; Alexandros Garefalakis; Ioannis Antoniadis

2009-01-01

14

Testing for contagion under asymmetric dynamics: Evidence from the stock markets between US and Taiwan  

NASA Astrophysics Data System (ADS)

This article is an attempt to test, through the use of forward forecasting test on dynamic conditional correlation (DCC), for contagion between Taiwan and US stocks under asymmetry. The process includes three steps. The first step uses the iterated cumulative sums of squares (ICSS) algorithm to detect the structural breaks of market return. The second step creates dummy variables for breaks, estimates EGARCH model of conditional generalized error distribution, and computes dynamic conditional correlation coefficients of DCC multivariate GARCH model. The third step employs one-step and N-step forecast test to check for contagion effect. The evidences prove the asymmetric leverage effect of Taiwan weighted stock index and New York—NYSE Composite Index. Interestingly, we discovered that there are two kinds of contagion, “positive” and “negative”, between markets.

Wang, Kuan-Min; Nguyen Thi, Thanh-Binh

2007-03-01

15

Mean-Variance-Instability Portfolio Analysis: A Case of Taiwan's Stock Market  

Microsoft Academic Search

This paper applies Talpaz, Harpaz, and Penson's (THP) (Talpaz, H., A. Harpaz, J. B. Penson, Jr. 1983. Risk and spectral instability in portfolio analysis. Eur. J. Oper. Res. 14 262--269.) mean-variance-instability portfolio selection model to eight selected Taiwan stocks during 1980--89 to demonstrate how instability preference affects the traditional mean-variance frontier. In contrast to THP's finding, the empirical results show

Shawin Lee; Kuo-Ping Chang

1995-01-01

16

Common stock returns in the pre-WWI Berlin Stock Exchange  

Microsoft Academic Search

We provide new evidence on the efficiency of the Berlin Stock Exchange prior to World War I, when it ranked among the top\\u000a few markets worldwide by market capitalization. Using a new set of monthly stock price data for a random sample of German\\u000a companies between 1904 and 1910, we estimate a typical three-factor model and find that returns relate

Caroline Fohlin; Steffen Reinhold

2010-01-01

17

Globalization of Stock Markets and Foreign Listing Requirements: Voluntary Disclosures by Continental European Companies Listed on the London Stock Exchange  

Microsoft Academic Search

This study investigates the extent to which the disclosure requirements of the London Stock Exchange relating to company annual reports are complied with or exceeded by Continental European companies listed on the Exchange. It was found that the companies exceeded Exchange requirements through a wide range of voluntary disclosures, which in some cases were substantial. The significance of the Stock

G. K. Meek; S. J. Gray

1989-01-01

18

Multifractal analysis of stock exchange crashes  

NASA Astrophysics Data System (ADS)

We analyze the complexity of rare events of the DJIA Index. We reveal that the returns of the time series exhibit strong multifractal properties meaning that temporal correlations play a substantial role. The effect of major stock market crashes can be best illustrated by the comparison of the multifractal spectra of the time series before and after the crash. Aftershock periods compared to foreshock periods exhibit richer and more complex dynamics. Compared to an average crash, calculated by taking into account the larger 5 crashes of the DJIA Index, the 1929 event exhibits significantly more increase in multifractality than the 1987 crisis.

Siokis, Fotios M.

2013-03-01

19

Tremor price dynamics in the world's network of stock exchanges  

Microsoft Academic Search

We use insight from a model of earth tectonic plate movement to obtain a new understanding of the build up and release of stress in the price dynamics of the worlds stock exchanges. Nonlinearity enters the model due to a behavioral attribute of humans reacting disproportionately to big changes. This nonlinear response allows us to classify price movements of a

Jorgen Vitting Andersen; Andrzej Nowak; Giulia Rotundo; Lael Parrott

2009-01-01

20

The influence of intergenerational exchange on nursing home admission in Taiwan  

Microsoft Academic Search

This study examines the effect of intergenerational exchange on nursinghome admissions among functionally disabled older adults in Taiwan. A groupof 317 nursing home residents were randomly selected from all nursing homesin Taipei, the capital of Taiwan. In addition, two community groups wererandomly selected as multiple controls in the study. The results showed thatintergenerational exchange has a statistically significant effect onnursing

Shwu Chong Wu; Chung-Yi Li; A-Lan Chang

1997-01-01

21

The Effective Factors on Absorbing Investment of Real People in Stock Exchange Market (Case Study: Isfahan Regional Stock Exchange)  

Microsoft Academic Search

Today, recognizing the economic objectives of any country is unconceiveable without general sharing its people. One of the ways for participation is stock exchange, because in this way, small and wandering savings of people will be led to productive and manu facturing direction, heane the production and economy circle will move on. The main objective of the present study is

M. Abzari; S. Samadi; A. Safari

22

Dynamics of market liquidity of Japanese stocks: An analysis of tick-by-tick data of the Tokyo Stock Exchange  

Microsoft Academic Search

The purpose of this study is to study dynamic aspects of market liquidity of Japanese stocks. We use tick-by-tick data of the individual stocks listed on the first section of the Tokyo Stock Exchange (TSE) and examine three indicators of market liquidity corresponding to Kyle 's three concepts of market liquidity: tightness, depth, and resiliency. The first indicator is the

Jun Muranaga

23

Multidimensional Performance of Listed Companies at the Philippine Stock Exchange  

Microsoft Academic Search

This paper investigates the multidimensional performance of the 26 listed firms in the services sector of the Philippine Stock Exchange for the period 1998-2007, using the DuPont System (financial) and the Super-Efficiency Data Envelopment Analysis. Empirical findings reveal a negative return on equity for the sector and the presence of outliers. We also found a statistically significant association between financial

Florence P. Bogaciaa; C. Cabandab

24

Scaling power laws in the Sao Paulo Stock Exchange  

Microsoft Academic Search

The scaling of the probability distribution of the Sao Paulo Stock Exchange index is shown to be described by a Levy stable stochastic process for the modal region of the distribution. Data refer to daily records for the 30-year period 1968-1998. The truncated Levy process is characterized by a scaling index of 1.66. Scaling power laws are also shown to

Sergio Da Silva; Raul Matsushita; Iram Gleria

2002-01-01

25

Components of execution costs: evidence of asymmetric information at the Mexican Stock Exchange  

Microsoft Academic Search

Immediate execution costs for stocks trading at the auction market of the Mexican Stock Exchange (MSE) are five times higher than those for similar NYSE stocks. The source of the trading cost differential is asymmetric information. Mexican stocks are associated with a substantially larger asymmetric information component of the spread (2.76 cents per dollar) than their matched NYSE counterparts (0.28

Ana Cristina Silva; Gonzalo Chavez

2002-01-01

26

Herd behaviors in the stock and foreign exchange markets  

NASA Astrophysics Data System (ADS)

The herd behavior of returns for the won-dollar exchange rate and the Korean stock price index (KOSPI) is analyzed in Korean financial markets. It is reported that the probability distribution P(R) of returns R for three types of herding parameter satisfies the power-law behavior P(R)~=R-? with the exponents ?=2.2 (the won-dollar exchange rate) and 2.4 (the KOSPI). When the herding parameter h satisfies h>=2.33, the crash regime in which P(R) increases with the increasing R appears. The active state of the transaction exists to decrease for h>2.33. Especially, we find that the distribution of normalized returns shows a crossover to a Gaussian distribution when the time step ?t=252 is used. Our results will also be compared to the other well-known analyses.

Kim, Kyungsik; Yoon, Seong-Min; Kim, Yup

2004-10-01

27

The Use of Neural Networks in the Prediction of the Stock Exchange of Thailand (SET) Index  

Microsoft Academic Search

Prediction of stock prices is an issue of interest to financial markets. Many prediction techniques have been reported in stock forecasting. Neural networks are viewed as one of the more suitable techniques. In this study, an experiment on the forecasting of the stock exchange of Thailand (SET) was conducted by using feedforward backpropagation neural networks. In the experiment, many combinations

Suchira Chaigusin; Chaiyaporn Chirathamjaree; Judith Clayden

2008-01-01

28

Creating a Global Stock Exchange: Does the Present National System Have a Future?  

ERIC Educational Resources Information Center

|Sovereignty and national pride throw up potentially the biggest obstacles in the path of a global stock exchange, being all the more insurmountable because of their bases in emotional politics as opposed to economic logic. A global stock exchange could come about if New York, London and Tokyo could consolidate their current baton-passing activity…

Warner-Allen, Charles

29

Creating a Global Stock Exchange: Does the Present National System Have a Future?  

ERIC Educational Resources Information Center

Sovereignty and national pride throw up potentially the biggest obstacles in the path of a global stock exchange, being all the more insurmountable because of their bases in emotional politics as opposed to economic logic. A global stock exchange could come about if New York, London and Tokyo could consolidate their current baton-passing activity…

Warner-Allen, Charles

30

International Competition and Exchange Rate Shocks: A Cross-Country Industry Analysis of Stock Returns  

Microsoft Academic Search

This article systematically examines the importance of exchange rate movements and industry competition for stock returns. Common shocks to industries across countries are more important than competitive shocks due to changes in exchange rates. Weekly exchange rate shocks explain almost nothing of the relative performance of industries. Using returns measured over longer horizons, the importance of exchange rate shocks increases

John M Griffin; Rene M Stulz

2001-01-01

31

78 FR 10643 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing...hereby given that January 25, 2013, New York Stock Exchange LLC (``NYSE...excessive volatility in an abbreviated time period, i.e., the ``flash...

2013-02-14

32

Taiwan.  

PubMed

Attention in this discussion of Taiwan is directed to the following: geography; the people -- education, languages, religions, and cultural background; history; administration; political conditions; the economy; defense; foreign relations; and relations between the US and Taiwan. In 1987 the population was estimated to be 19.7 million with an annual growth rate of 1.07%. The infant mortality rate in 1986 was 0.7% with a life expectancy of 70.8 for men and 75.8 for women. Taipei, which continues its claim of sovereignty over all of China in the name of the "Republic of China," exercises control only over the island of Taiwan, the Penghu Islands, and about 20 offshore islands, most near the China mainland. Most native Taiwanese speak a variant of the Amoy (Hokkien) dialect of Southern Fujian. The predominant religion is a combination of Buddhism and Taoism. Chinese sources show migration to Taiwan began as early as A.D. 500. Dutch traders 1st claimed the island in 1624 as a base for Dutch commerce with Japan and the China coast. The 1st major influx of migrants from the Chinese mainland came during the Dutch period. In 1664, a Chinese fleet led by the Ming loyalist Zheng Chenggong retreated from the mainland and occupied Taiwan. Zheng expelled the Dutch and established Taiwan as a base in his attempt to restore the Ming Dynasty. After his death in 1683, his successors submitted to Manchu control. Manchu China ruled Taiwan as a frontier district until it was declared a separate Chinese province in 1886. The authorities in Taipei claim to be the government of all China, including Taiwan. When President Chiang Ching-kuo died in 1988, he was succeeded by Vice President Lee Teng-hui, who had been elected along with Chiang by the National Assembly to a 6-year term. Until 1986, Taiwan's political system was effectively 1 party. Before elections in 1986, many "nonpartisans" grouped together to form Taiwan's 1st new political party in over 4 decades -- the Democratic Progressive Party. Friction between mainlanders and native Taiwanese continues to be a problem, but it has abated with time and the gradual melding of the 2 Chinese communities. Taiwan has changed from an agricultural to an industrialized economy over the past 30 years. During 1973-82, the gross domestic product rose at an annual average of 9.5% in real terms. President Carter signed into law on April 10, 1979, the Taiwan Relations Act, which created domestic legal authority for the conduct of unofficial relations with Taiwan. PMID:12177975

1988-03-01

33

Exchange Rate Developments and Stock Market Dynamics in Transition Countries: Theory and Empirical Analysis  

Microsoft Academic Search

We present new theoretical approaches to exchange rate determination and stock market price dynamics as well as first empirical results for selected transition countries. The exchange rate is considered as reflecting both the interest parity - with a specific formulation for exchange rate expectations - and impulses from purchasing power parity which in turn is related to a modified monetary

Paul J. J. Welfens; Dora Borbély

2004-01-01

34

Gold Prices, Exchange Rates, Gold Stocks and the Gold Premium  

Microsoft Academic Search

This paper studies the exposure of the stock prices of Australian gold-mining firms to changes in gold prices and the valuation effects of gold price exposure. Gold-mining firms have significant gold price exposure; the price of the average gold-mining stock moves 0.76% for each 1.00% change in Australian-dollar-denominated gold prices. Evidence from the behaviour of stock price sensitivities suggests that

Garry Twite

2002-01-01

35

Evaluating the Peformance of Symmetric Price Limits: Evidence from the Egyptian Stock Exchange  

Microsoft Academic Search

This nonparametric event study questions the current symmetric price limit mechanism imposed on the Egyptian Stock Exchange. Price limits are usually instituted to control the volatility of daily stock price movements through establishing price constraints and providing time for rational reassessment of investment decisions during times of panic trading. This study asserts that such limits prove the opposite and can

Eskandar A. Tooma

2005-01-01

36

Economic impact of national sporting success: evidence from the London stock exchange  

Microsoft Academic Search

In this article strong association is reported between the performance of the England football team and subsequent daily changes in the FTSE 100 index, representing the price of shares in the 100 largest companies traded on the London stock exchange.

J. K. Ashton; B. Gerrard; R. Hudson

2003-01-01

37

Real-Time Price Discovery in Stock, Bond and Foreign Exchange Markets  

Microsoft Academic Search

We characterize the response of U.S., German and British stock, bond and foreign exchange markets to real-time U.S. macroeconomic news. Our analysis is based on a unique data set of high-frequency futures returns for each of the markets. We find that news surprises produce conditional mean jumps; hence high-frequency stock, bond and exchange rate dynamics are linked to fundamentals. The

Torben G. Andersen; Tim Bollerslev; Francis X. Diebold; Clara Vega

2004-01-01

38

Stock Price and Exchange Rate Interactions: The Case of The Philippines  

Microsoft Academic Search

The paper attempts to empirically determine the causal relationship between the stock price and the exchange rate in the Philippines. Having established the stationarity condition of each series using Augmented Dickey-Fuller (ADF), Phillip-Perron (PP) and mean stationary (KPSS) unit root tests, the causal linkage between the stock price and the exchange rate was examined using the Granger non-causality test as

W N W Azman-Saini; A M Dayang-Affizah; Siong Hook Law; M S Habibullah

2007-01-01

39

Investors' behaviour in the Athens Stock Exchange (ASE)  

Microsoft Academic Search

Purpose - The purpose of this paper is to investigate the various methods and techniques used by Greek investors (both professional and individuals) when evaluating potential additions to their investment portfolios. Design\\/methodology\\/approach - The paper uses both a questionnaire survey and a series of interviews to examine the practice of investment management in terms of stock market forecasting and stock

Dimitrios I. Maditinos; Nikolaos G. Theriou

40

An Empirical Examination of Random Walk Hypothesis for Dhaka Stock Exchange: Evidence from Pharmaceutical Sector of Bangladesh  

Microsoft Academic Search

This paper investigates whether stock-price indexes of Dhaka stock markets can be characterized as random walk (unit root) processes This study seeks evidence supporting the existence of market efficiency in the Dhaka Stock Exchange Ltd (DSE).In this paper; we have analyzed the behavior of daily return of Dhaka Stock Market indices. The sample includes the daily price indices of all

Gazi Salah Uddin

41

The Predictability of Stock Market Regime: Evidence from the Toronto Stock Exchange  

Microsoft Academic Search

Are stock market crashes and rallies related to deviations from the apparent fundamental share price? Using a switching-regression framework, the authors test whether apparent deviations help to predict the regime from which the next period's stock market return is drawn and the magnitude of returns in that regime. They find that the probability of a collapse rises before most actual

Simon van Norden; Huntley Schaller

1993-01-01

42

The impact of interest rate and exchange rate volatility on banks' stock returns and volatility: Evidence from Turkey  

Microsoft Academic Search

This paper investigates the effects of interest rate and foreign exchange rate changes on Turkish banks' stock returns using the OLS and GARCH estimation models. The results suggest that interest rate and exchange rate changes have a negative and significant impact on the conditional bank stock return. Also, bank stock return sensitivities are found to be stronger for market return

Saadet Kasman; Gülin Vardar; Gökçe Tunç

2011-01-01

43

Do trading rules impact on market efficiency? A comparison of opening procedures on the Australian and Jakarta Stock Exchanges  

Microsoft Academic Search

This paper examines the impact of opening rules on stock market efficiency. In particular, it contrasts the opening call on the Australian Stock Exchange (ASX) and the continuous open on the Jakarta Stock Exchange (JSX). The results suggest that the use of a call enhances market efficiency by increasing liquidity and lowering volatility at the open. The results also indicate

Carole Comerton-Forde

1999-01-01

44

A study of grey theory on improving the investment performance of technical analysis index—an example of morgan stanley taiwan index’ component stocks  

Microsoft Academic Search

Using the daily, weekly and monthly data of Morgan Stanley Taiwan index' component stocks from January 1998 to June 2004 as example, this paper try to improve the investment performance of technical analysis indices. First of all, this paper whitens original data through a grey model GM (1,1), and grey technical analysis indices are obtained. We use traditional technical analysis

Alex KungHsiung Chang; KuoLiang Lu

2007-01-01

45

The political uncertainty and stock market behavior in emerging democracy: the case of Taiwan  

Microsoft Academic Search

This paper examines the congressional effect between the pre- and post-democratization on the stock market by the asymmetric\\u000a Generalized Autoregressive Conditional Heterosce desticity (GARCH) model in the period 1984–2004. The results found that the\\u000a congressional effect is negative effect on stock returns but volatility is not significant. However, the democratic effect\\u000a on stock returns is negative and increased of volatility.

Yi-Hsien Wang; Chin-Tsai Lin

2009-01-01

46

Insider ownership, bid–ask spread, and stock splits: Evidence from the Stock Exchange of Thailand  

Microsoft Academic Search

This paper examines the moderating effect of insider ownership on bid–ask spread changes during stock splits in Thailand, an economy with highly concentrated ownership structures. Consistent with the liquidity hypothesis, the overall finding shows that bid–ask spread declines significantly after stock splits. The results also indicate that there is a significant relation between insider ownership and the change in bid–ask

Maneeporn Gorkittisunthorn; Seksak Jumreornvong; Piman Limpaphayom

2006-01-01

47

Building portfolios of stocks in the S\\\\~ao Paulo Stock Exchange using Random Matrix Theory  

Microsoft Academic Search

Using Random Matrix Theory, we build a covariance matrix between stocks of the BM&F-Bovespa (Bolsa de Valores, Mercadorias e Futuros de S\\\\~ao Paulo) which is cleaned of some of the noise due to the complex interactions between the many stocks and the finiteness of available data, and use a regression model in order to remove the market effect due to

Leonidas Sandoval Junior; Adriana Bruscato

2012-01-01

48

77 FR 68167 - Self-Regulatory Organizations; Chicago Stock Exchange, Inc.; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...6\\ See Exchange Act. Release No. 66139 (January 11, 2012), 77 F.R. 2583 (January 18, 2012) (SR-CHX-2012-01). \\7\\ Tape A securities are those securities for which the New York Stock Exchange, Inc. is the primary...

2012-11-15

49

Effects of interest rate, exchange rate and their volatilities on stock prices: evidence from banking industry of Pakistan  

Microsoft Academic Search

This study investigates the effects of exchange rate, interest rates, and their volatilities on stock prices of banking industry of Pakistan. Cointegration results suggests the existance of significant negative long run relationship between exchange rate and short term interest rate with stock prices. On the other hand, positive and significant relationship exists between volatilities of exchange rate and interest rate

Syed Tehseen JAWAID; Anwar Ul HAQ

2012-01-01

50

Anatomy of a regulatory race to the top: Changes in delisting rules at Korea's two stock exchanges, 1999–2002  

Microsoft Academic Search

One dimension of competition among stock exchanges is the quality of products they have to offer. In order to attract listings and trading volume, exchanges can affect the quality of their listed firms by altering their standards for firm disclosure and governance. We identify a competition with respect to delisting standards between Korea's two stock exchanges and show that it

Kathryn L. Dewenter; Chang-Soo Kim; Walter Novaes

2010-01-01

51

Stock Options and Firm Dividend Policy: Evidence from Toronto Stock Exchange  

Microsoft Academic Search

Recent studies have examined the relationship between managerial incentives and firm dividend payout. Executive Share Options (ESOs) have attracted a great deal of attention from financial economists... The objective of my study is to investigate how corporate policy is affected by managerial stock incentives. In particular, I develop a model based on agency theory whereby managerial quality and effort are

Mondher Kouki

52

78 FR 16551 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...Stock Exchange LLC Price List To Increase the Gross FOCUS Fee March 11, 2013. Pursuant to Section 19(b...the Exchange's Price List to increase the gross FOCUS fee (``Gross FOCUS Fee''). The text of the proposed rule change...

2013-03-15

53

77 FR 68188 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing of Proposed Rule...  

Federal Register 2010, 2011, 2012, 2013

...Self-Regulatory Organizations; New York Stock Exchange LLC; Notice...on October 26, 2012, New York Stock Exchange LLC (the...representing at the same time, on behalf of that account...session only pursuant to a new order (a liquidating...

2012-11-15

54

77 FR 70195 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...Self-Regulatory Organizations; New York Stock Exchange LLC; Notice...Amending NYSE Rule 123C To Add New Supplementary Material .40 To Clarify That All Times Specified in Rule 123C Are...that on November 6, 2012, New York Stock Exchange LLC...

2012-11-23

55

‘A direct personal stake’: cultural economy, mass investment and the New York stock exchange  

Microsoft Academic Search

Although it is often conceived as a key aspect of neo-liberal globalization, appeals to ‘mass investment’ have actually occupied much longer and more complex historical contexts than are often acknowledged. This paper draws upon archival material of the advertising, educational and ‘cultural’ campaigns developed by the New York Stock Exchange in the immediate postwar period in an attempt to recover

Rob Aitken

2005-01-01

56

The impact of the Athens Olympic Games on the Athens Stock Exchange  

Microsoft Academic Search

Purpose – The purpose of this paper is to examine the relationship between the Athens Olympic Games and the Athens Stock Exchange (ASE). It aims to test: the effect of the Athens 2004 Olympics on the general index of the ASE; the impact of the Olympic Games 2004 to the sponsors' prices traded on the ASE (based on three National

Christos Floros

2010-01-01

57

Towards a multi-agent based architecture to simulate the reality of a stock exchange market  

Microsoft Academic Search

In this paper, the initial steps of the development process of an agent-based architecture used to simulate the reality of a stock exchange market are provided. This architecture includes a representation of all market participants from investors to floor traders. There are five main modules in the proposed architecture: an information retrieval and ontology module which extracts online market news

Sehl Mellouli; Faouzi Bouslama

2010-01-01

58

Minority Buyouts and Ownership Characteristics: Evidence From the Toronto Stock Exchange  

Microsoft Academic Search

We compare the impact on target shareholder wealth of a sample of 59 Toronto Stock Exchange minority buyouts by controlling shareholders and 113 buyouts involving noncontrolling bidders. The results indicate that on the announcement day, target shareholders' wealth increases by 20.7% for the minority buyouts and 15.9% for cases involving buyouts by noncontrolling bidders. After controlling for the effect of

Brian F. Smith; Ben Amoako-Adu

1992-01-01

59

The Impact of Pennies on the Market Quality of the Toronto Stock Exchange  

Microsoft Academic Search

AbstractUsing detailed order flow data from the Toronto Stock Exchange, this paper finds no evidence that a smaller tick size lessens market liquidity for either small or large traders. Rather, there is evidence of lower trading costs, faster time to order execution, and greater price continuity. Consistent with a penny tick allowing a finer pricing grid search, there is an

Brian F. Smith; D. Alasdair S. Turnbull; Robert W. White

2006-01-01

60

Patterns, Trends and Predictions in stock market indices and foreign currency exchange rates  

Microsoft Academic Search

Specialized topics on financial data analysis from a numerical and physical point of view are discussed. They pertain to the analysis of crash prediction in stock market indices and to the persistence or not of coherent and random sequences in fluctuations of foreign exchange currency rates. A brief historical introduction to crashes is given, including recent observations on the DJIA

Marcel Ausloos; Kristinka Ivanova

2001-01-01

61

Testing weak-form market efficiency: Evidence from the Istanbul Stock Exchange  

Microsoft Academic Search

The random-walk version of the efficient market hypothesis is tested for the Istanbul Stock Exchange (ISE) using its composite, industrial, and financial index weekly closing prices. The results obtained from three of the tests indicate that all three series are a random walk, but a nonparametic test provides some evidence against a random walk.

Cumhur Buguk; B. Wade Brorsen

2003-01-01

62

Investor herding during financial crisis: A clinical study of the Jakarta Stock Exchange  

Microsoft Academic Search

Jakarta Stock Exchange (JSX) data is used to analyse the investment patterns of foreign and domestic investors for evidence of herding and positive feedback trading before, during, and after the 1997 Asian crisis. Results indicate that both investor classes herd, foreigners herd more than locals, and foreign herding increases following the onset of the crisis. Domestic herding does not increase

Michael Bowe; Daniela Domuta

2004-01-01

63

Asset allocation in the Athens Stock Exchange: A variance sensitivity analysis  

Microsoft Academic Search

This paper provides an analysis of asset allocation using univariate portfolio GARCH models from the Athens Stock Exchange. We use daily data for the period January 1997 to February 2005. Our analysis adopts the methodology due to Manganelli (2004) and we are able to recover from the univariate approach the multivariate dimension of the portfolio allocation problem. Manganelli (2004) suggests

Panayiotis Diamandis; Georgios Kouretas; Leonidas Zarangas

2006-01-01

64

The effect of markups on the exchange rate exposure of stock returns  

Microsoft Academic Search

This paper examines how to properly specify and test for factors that affect the exchange-rate exposure of stock returns. We develop a theoretical model, which explicitly identifies three channels of exposure. An industry's exposure increases (1) by greater competitiveness in the market where its final output is sold, (2) the interaction of greater competitiveness in its export market and a

George S. Allayannis; Jane E. Ihrig

2000-01-01

65

Ownership, managerial control and the governance of companies listed on the Brussels stock exchange  

Microsoft Academic Search

This paper examines how corporate control is exerted in companies listed on the Brussels Stock Exchange. There are several alternative corporate governance mechanisms which may play a role in disciplining poorly performing management: blockholders (holding companies, industrial companies, families and institutions), the market for partial control, debt policy, and board composition. Even if there is redundancy of substitute forms of

Luc Renneboog

2000-01-01

66

Ownership, Managerial Control and the Governance of Companies Listed on the Brussels Stock Exchange  

Microsoft Academic Search

This paper examines how corporate control is exerted in companies listed on the Brussels Stock Exchange. There are several alternative corporate governance mechanisms which may play a role in disciplining poorly performing management: blockholders (holding companies, industrial companies, families and institutions), the market for partial control, debt policy, and board composition. Even if there is redundancy of substitute forms of

L. D. R. Renneboog

1999-01-01

67

Trading Costs in Early Securities Markets: The Case of the Berlin Stock Exchange, 1880-1910  

Microsoft Academic Search

Based on daily prices (amtliche Kurse) we estimate effective spreads of securities traded at the Berlin Stock Exchange in 1880, 1890, 1900 and 1910. Several extensions of the Roll measure are applied. We find surprisingly tight effective spreads for the historical data, comparable with similar measures of the MDAX and DAX at the end of the 20th century.

Caroline Fohlin

2006-01-01

68

The 2004 Olympic Games announcement and its effect on the Athens and Milan stock exchanges  

Microsoft Academic Search

Through an event study methodology, the effect of the nomination of Athens as the hosting city for the Olympics of 2004 on the stock exchanges of Greece (winner) and Italy (loser), the two primary candidates for the Games is examined. Academic literature suggests that sporting mega events have a positive contribution to the host area economy. This implies that the

Nikolaos Veraros; Evangelia Kasimati; Peter Dawson

2004-01-01

69

Forecasting Stock Exchange Movements Using Artificial Neural Network Models and Hybrid Models  

NASA Astrophysics Data System (ADS)

Forecasting stock exchange rates is an important financial problem that is receiving increasing attention. During the last few years, a number of neural network models and hybrid models have been proposed for obtaining accurate prediction results, in an attempt to outperform the traditional linear and nonlinear approaches. This paper evaluates the effectiveness of neural network models; recurrent neural network (RNN), dynamic artificial neural network (DAN2) and the hybrid neural networks which use generalized autoregressive conditional heteroscedasticity (GARCH) and exponential generalized autoregressive conditional heteroscedasticity (EGARCH) to extract new input variables. The comparison for each model is done in two view points: MSE and MAD using real exchange daily rate values of Istanbul Stock Exchange (ISE) index XU10).

Güre?en, Erkam; Kayakutlu, Gülgün

70

2004 on Warsaw Stock Exchange via Zipf Analysis, Scatter and Lag Plots  

NASA Astrophysics Data System (ADS)

This paper presents the last year on Warsaw Stock Exchange (WSE) and world stock exchanges by graphical analysis: Scatter Plot, Zipf Analysis and Lag Plot of selected Polish (WIG, WIG20, WIG-BANKI, TECHWIG) and foreign (NIKKEI, DOW JONES Industrial Average) indices, and also selected companies listed on WSE. Zipf analysis proves that although, generally, holding securities was the best way to earn money in the last year, however, Zipf based strategy also could be profitable. Scatter Plots show no similarities between Polish and foreign indices, however, behaviour of Polish ones is similar. The volatility of indices and most companies was highest on Monday and lowest on Friday. Distribution of returns in continuous trading is neither Gaussian nor uniform.

Bachnik, W.; Chomiuk, P.; Faltynowicz, Sz.; Gawin, M.; Gorajek, W.; Kedzierski, J.; Kosk, K.; Kucharczyk, A.; Leszczynski, P.; Podsiadlo, R.; Makowiec, D.

2005-08-01

71

Patterns of web linking to heterogeneous groups of companies : The case of stock exchange indexes  

Microsoft Academic Search

Purpose – The paper seeks to extend co-link analysis to web sites of heterogeneous companies belonging to different industries and countries, and to cluster companies by industries and compare results from different countries. Design\\/methodology\\/approach – Web sites of 255 companies that belong to five stock exchange indexes were included in the study. Data on co-links pointing to these web sites

Esteban Romero-Frías; Liwen Vaughan

2010-01-01

72

The Relationship between Corporate Governance Indicators and Firm Value : A Case Study of Karachi Stock Exchange  

Microsoft Academic Search

We investigated whether differences in quality of firm-level corporate governance can explain the firm-level performance in a cross-section of companies listed at Karachi Stock Exchange. Therefore, we analysed the relationship between firm-level value as measured by Tobins Q and total Corporate Governance Index (CGI) and three sub-indices : Board, Shareholdings and Ownership, and Disclosures and Transparency for a sample of

Attiya Y. Javed; Robina Iqbal

2007-01-01

73

75 FR 28842 - Self-Regulatory Organizations; Proposed Rule Change by Chicago Stock Exchange, Inc.; Notice of...  

Federal Register 2010, 2011, 2012, 2013

...Organizations; Proposed Rule Change by Chicago Stock Exchange, Inc.; Notice of Filing of Proposed Rule Change To Establish a Trading Halt for Individual Stocks Contained in the Standard & Poor's 500 Index May 19, 2010. Pursuant to Section 19(b)(1) of...

2010-05-24

74

78 FR 51758 - Self-Regulatory Organizations; New York Stock Exchange LLC; NYSE MKT LLC; NYSE Arca, Inc.; Order...  

Federal Register 2010, 2011, 2012, 2013

...turn, directly or indirectly holds 100% of the equity interests of trading markets in Belgium, France, the Netherlands, Portugal and the United Kingdom). ICE's common stock is listed on the Exchange under the symbol ``ICE,'' and following...

2013-08-21

75

Forecasting of foreign exchange rates of Taiwan’s major trading partners by novel nonlinear Grey Bernoulli model NGBM(1, 1)  

NASA Astrophysics Data System (ADS)

The traditional Grey Model is easy to understand and simple to calculate, with satisfactory accuracy, but it is also lack of flexibility to adjust the model to acquire higher forecasting precision. This research studies feasibility and effectiveness of a novel Grey model together with the concept of the Bernoulli differential equation in ordinary differential equation. In this research, the author names this newly proposed model as Nonlinear Grey Bernoulli Model (NGBM). The NGBM is nonlinear differential equation with power index n. By controlling n, the curvature of the solution curve could be adjusted to fit the result of one time accumulated generating operation (1-AGO) of raw data. One extreme case from Grey system textbook is studied by NGBM, and two published articles are chosen for practical tests of NGBM. The results prove the novel NGBM is feasible and efficient. Finally, NGBM is used to forecast 2005 foreign exchange rates of twelve Taiwan major trading partners, including Taiwan.

Chen, Chun-I.; Chen, Hong Long; Chen, Shuo-Pei

2008-08-01

76

Air-water exchange fluxes of polycyclic aromatic hydrocarbons in the tropical coast, Taiwan.  

PubMed

Air-water exchange fluxes of polycyclic aromatic hydrocarbons (PAHs) were simultaneously measured in air and water samples from two sites on the Kenting coast, located at the southern tip of Taiwan, from January to December 2010. There was no significant difference in the total PAH (t-PAH) concentrations in both gas and dissolved phases between these two sites due to the less local input which also coincided to the low levels of t-PAH concentration; the gas and dissolved phases averaged 1.29±0.59ngm(-3) and 2.17±1.19ngL(-1) respectively. The direction and magnitude of the daily flux of PAHs were significantly influenced by wind speed and dissolved PAH concentrations. Individual PAH flux ranged from 627ngm(-2)d(-1) volatilization of phenanthrene during the rainy season with storm-water discharges raising dissolved phase concentration, to 67ngm(-2)d(-1) absorption of fluoranthene during high wind speed periods. Due to PAH annual fluxes through air-water exchange, Kenting seawater is a source of low molecular weight PAHs and a reservoir of high molecular weight PAHs. Estimated annual volatilization fluxes ranged from 7.3?gm(-2)yr(-1) for pyrene to 50?gm(-2)yr(-1) for phenanthrene and the absorption fluxes ranged from -2.6?gm(-2)yr(-1) for chrysene to -3.5?gm(-2)yr(-1) for fluoranthene. PMID:23260251

Cheng, Jing-O; Ko, Fung-Chi; Lee, Chon-Lin; Fang, Meng-Der

2012-12-19

77

76 FR 82024 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...Self-Regulatory Organizations; New York Stock Exchange...Amending Supplementary Material .26 (Pegging for...Exchange proposes to add new paragraph (x)(A) to Supplementary Material .26 to provide that...also proposes to add new paragraph (x)(B) to Supplementary Material .26 to provide...

2011-12-29

78

Impact of the monetary crisis on statistical properties of the Jakarta and Kuala Lumpur stock exchange indices  

NASA Astrophysics Data System (ADS)

Using the tools developed for statistical physics, we simultaneously analyze statistical properties of the Jakarta and Kuala Lumpur Stock Exchange indices. In spite of the small number of the data used in the analysis, the result still shows the universal behavior of complex systems previously found in the leading stock indices. We also analyze their properties before and after the crash caused by the monetary crisis. To locate the time position when the crash started we use the Omori law. We found that after the crash both stocks do not show a same statistical behavior. The impact of currency controls is observed in the distribution of the index returns.

Mart, T.; Aminoto, T.

2007-01-01

79

77 FR 54942 - Self-Regulatory Organizations; Boston Stock Exchange Clearing Corporation; NASDAQ OMX BX, Inc...  

Federal Register 2010, 2011, 2012, 2013

...Clearing Corporation; NASDAQ OMX BX, Inc.; the NASDAQ Stock Market LLC; NASDAQ OMX PHLX LLC; Stock Clearing Corporation...2012. I. Introduction On June 20, 2012, the NASDAQ Stock Market LLC (``NASDAQ''), and on July 11, 2012,...

2012-09-06

80

Mergers and acquisitions of non-financial firms in Europe: the case of the Athens Stock Exchange  

Microsoft Academic Search

This study examines whether mergers and acquisitions create value for shareholders in the Athens Stock Exchange, during an extremely volatile period. The results indicate, on average, statistically insignificant investor reaction around merger announcements. However, further analysis suggests that investors react negatively to announcements by bidder firms in the food and fish farm sectors, and positively to announcements in the commercial\\/advertising

Spyros Spyrou; Georgia Siougle

2007-01-01

81

Does Fundamental Analysis Matter For Foreign Investors? An Empirical Analysis of Foreign Investment in the Istanbul Stock Exchange  

Microsoft Academic Search

The purpose of this paper is to analyze how the buy and sell decisions of foreign investors are related to the financial indicators of the selected firms on the Istanbul Stock Exchange. Based on monthly data from January 2000 to April 2006, empirical analysis proves that foreign investment decisions are made on the basis of fundamental analysis with solvency emerging

Mehmet Saraç

82

77 FR 20079 - Securities Exchange Act of 1934; In the Matter of the NASDAQ Stock Market LLC; Order Granting...  

Federal Register 2010, 2011, 2012, 2013

...Securities Exchange Act of 1934; In the Matter of the NASDAQ Stock Market LLC; Order Granting Petition for Review and Scheduling Filing of Statements Pursuant to Rule 431 of the Rules of Practice,\\1\\ it is ordered that the petition of The NASDAQ...

2012-04-03

83

77 FR 46137 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...Stock Exchange LLC Price List To Establish Pricing for the Retail Liquidity Program July...proposes to amend its Price List to establish pricing for the Retail Liquidity Program. The...proposes to amend its Price List to establish pricing for the Retail Liquidity Program,...

2012-08-02

84

A GREEN PRICING MODEL IN SWITZERLAND The 'Solarstrom Stock Exchange' from the Electricity Utility of the City of Zurich  

Microsoft Academic Search

The original ewz- model of the 'Solarstrom Stock Exchange' for the promotion of solar electricity has evolved into a very successful project and the numerous positive feedback and inquiries ewz has received from home and abroad are most encouraging. At the beginning of 2000, 1570 kW nominal PV power had been installed. 42 PV plants are under contract, producing a

Daniel Ruoss; Sergio Taiana; Elektrizitätswerk der Stadt Zürich

85

The role of implied volatility in forecasting future realized volatility and jumps in foreign exchange, stock, and bond markets  

Microsoft Academic Search

We study the forecasting of future realized volatility in the foreign exchange, stock, and bond markets from variables in our information set, including implied volatility backed out from option prices. Realized volatility is separated into its continuous and jump components, and the heterogeneous autoregressive (HAR) model is applied with implied volatility as an additional forecasting variable. A vector HAR (VecHAR)

Thomas Busch; Bent Jesper Christensen; Morten Ørregaard Nielsen

2011-01-01

86

COMPETITIVE INTELLIGENCE COMPARISON BASED ON THE TYPES OF INDUSTRY. CASE STUDY: LISTED COMPANIES IN TEHRAN STOCK EXCHANGE (TSE)  

Microsoft Academic Search

The purpose of this study is to compare competitive intelligence based on the types of industry. In order to do this, the listed companies in Tehran Stock Exchange (TSE) during a five year period (2004-2008) have been selected. These companies’ products are grouped into five industrial categories; that are, food & drink, tile & ceramic, petrochemical, automobile & parts manufacturing,

Mortazavi Mahdy; Javadi Pour Far Mahnoosh

2011-01-01

87

Analyzing the Relationship between Earning Quality and Real and Predicted Profit Deviation in the Listed Companies Tehran Stock Exchange  

Microsoft Academic Search

The major purpose of this research has been to investigate and analyze the relationship between Earning Quality and Real and Predicted Profit Deviation in the listed Companies in Tehran stock exchange. Therefore, Earning Quality has been considered as an independent variable, and Real and Predicted Profit Deviation as dependent ones. As a measure of Earning Quality this paper uses operating

Razieh Alikhani; Mehdi Maranjory; Tahere Aziz Zadeh

2011-01-01

88

Corporate Governance and Performance in Publicly Listed, Family-Controlled Firms: Evidence from Taiwan  

Microsoft Academic Search

Using a multi-industry dataset of 228 firms listed on the Taiwan Stock Exchange (TSE) this paper analyses the effects of ownership structure and board characteristics on performance in large, publicly traded firms that are controlled by founding families. After taking account of possible endogeneity problems, we do not find that family control is associated with performance measured in terms of

Igor Filatotchev; Yung-Chih Lien; Jenifer Piesse

2005-01-01

89

76 FR 61460 - Self-Regulatory Organizations; Chicago Stock Exchange, Inc.; Notice of Filing Proposed Rule...  

Federal Register 2010, 2011, 2012, 2013

...Current Methodology for Determining When To Halt Trading in All Stocks Due To Extraordinary...current methodology for determining when to halt trading in all stocks due to extraordinary...current methodology for determining when to halt trading in all stocks due to...

2011-10-04

90

The relationships between Shanghai stock market and CNY/USD exchange rate: New evidence based on cross-correlation analysis, structural cointegration and nonlinear causality test  

NASA Astrophysics Data System (ADS)

This paper explores the co-movement of Shanghai stock market and China Yuan (CNY) exchange rates. First, we find that stock price and exchange rate are significantly cross-correlated. Second, employing a cointegration test allowing for a structural break, we find that the Shanghai Composite Index (SCI) is not cointegrated with the exchange rate of CNY/USD. The so-called "cointegration" found in previous studies is just caused by the shock of the recent financial crisis. Third, using linear and nonlinear Granger causality tests, we find no causality between stock prices and exchange rates during the period before the recent financial crisis. After the financial crisis, a unidirectional causality behavior running from exchange rates to stock index is present.

Liu, Li; Wan, Jieqiu

2012-12-01

91

Emotions and Pair Trust in Asynchronous Hospitality Cultural Exchange for Students in Taiwan and Hong Kong  

ERIC Educational Resources Information Center

Social and emotional dynamics have an impact on students' learning processes in online-learning situations. This study explores university students' emotions and trust levels resulting from collaborative communication behaviors when they interacted as part of a Food and Tourism course in Taiwan and Hong Kong. More specifically, students' emotions…

Wang, Mei-jung; Chen, Hsueh Chu

2012-01-01

92

Multifactor estimation of stock index movement: a case analysis of NIFTY 50, National Stock Exchange of India  

Microsoft Academic Search

Multi-index research in investtment management attempted to predict change in share price based on market index, industry index and variables. This model can be extended for predicting movements in the secondary capital market. It has been studied in this paper whether Nifty can be predicted using bond index, future price of NYMEX Light Sweet Crude, US$ \\/ INR exchange rate,

T. P. Ghosh

2008-01-01

93

Comparison study of global and local approaches describing critical phenomena on the Polish stock exchange market  

NASA Astrophysics Data System (ADS)

We confront global and local methods to analyze the financial crash-like events on the Polish financial market from the critical phenomena point of view. These methods are based on the analysis of log-periodicity and the local fractal properties of financial time series in the vicinity of phase transitions (crashes). The whole history (1991 2008) of Warsaw Stock Exchange Index (WIG) describing the largest developing financial market in Europe, is analyzed in a daily time horizon. We find that crash-like events on the Polish financial market are described better by the log-divergent price model decorated with log-periodic behavior than the corresponding power-law-divergent price model. Predictions coming from log-periodicity scenario are verified for all main crashes that took place in WIG history. It is argued that crash predictions within log-periodicity model strongly depend on the amount of data taken to make a fit and therefore are likely to contain huge inaccuracies. Turning to local fractal description, we calculate the so-called local (time dependent) Hurst exponent H for the WIG time series and we find the dependence between the behavior of the local fractal properties of the WIG time series and the crashes appearance on the financial market. The latter method seems to work better than the global approach — both for developing as for developed markets. The current situation on the market, particularly related to the Fed intervention in September’07 and the situation on the market immediately after this intervention is also analyzed from the fractional Brownian motion point of view.

Czarnecki, ?ukasz; Grech, Dariusz; Pamu?a, Grzegorz

2008-12-01

94

Did NASDAQ market makers successfully collude to increase spreads? A reexamination of evidence from stocks that moved from NASDAQ to the New York or American Stock Exchanges  

Microsoft Academic Search

This paper examines all movements of stock from NASDAQ to the NYSE or Amex from 1983 through 1997 (1044 observations), as did Barclay (1997) for 472 stocks through 1992. He found a greater average decrease in spreads for NASDAQ stocks quoted on even eighths compared to stocks quoted on mixed eighths, from which he concluded that NASDAQ market makers had

John H. Harland; George J. Benston

2007-01-01

95

76 FR 45626 - Self-Regulatory Organizations; Chicago Stock Exchange, Inc.; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...appropriate because the proposed rates corresponds to the provide...Exchange believes that the rate changes for CHX-executed...The Exchange hopes that these rate changes will help it attract additional order flow to the Exchange, as well...

2011-07-29

96

AN ADAPTIVE EXPECTATION GENETIC ALGORITHM BASED ON ANFIS AND MULTINATIONAL STOCK MARKET VOLATILITY CAUSALITY FOR TAIEX FORECASTING  

Microsoft Academic Search

The stock market is a highly complex and dynamic system, and forecasting stock is complicated and difficult. Successful prediction of stock prices may promise attractive benefits; therefore, stock market forecasting is important and of great interest. The economy of Taiwan relies on international trade deeply and the fluctuations of international stock markets impact Taiwan's stock market to certain degree. It

Liang-Ying Wei

2012-01-01

97

Transformational leadership, trusting climate, and knowledge-exchange behaviors in Taiwan  

Microsoft Academic Search

This study follows the leadership literature in proposing that leadership behaviors can affect followers' attitudes and actions. Specifically, we propose that transformational leaders may nurture a trusting climate among organizational members and, in turn, promote employee knowledge-exchange behaviors. Surveying data from multiple respondents, we find that a trusting climate mediates the positive relationship between transformational leadership and employee knowledge-exchange behaviors

Hsi-An Shih; Yun-Hwa Chiang; Tso-Jen Chen

2012-01-01

98

An Adaptive Network-Based Fuzzy Inference System (ANFIS) for the prediction of stock market return: The case of the Istanbul Stock Exchange  

Microsoft Academic Search

Stock market prediction is important and of great interest because successful prediction of stock prices may promise attractive benefits. These tasks are highly complicated and very difficult. In this paper, we investigate the predictability of stock market return with Adaptive Network-Based Fuzzy Inference System (ANFIS). The objective of this study is to determine whether an ANFIS algorithm is capable of

Melek Acar Boyacioglu; Derya Avci

2010-01-01

99

Order Flow Distribution, Bid–Ask Spreads, and Liquidity Costs: Merrill Lynch's Decision to Cease Routinely Routing Orders to Regional Stock Exchanges  

Microsoft Academic Search

Merrill Lynch's decision to redirect order flow in exchange-listed equity securities from regional exchanges to the New York Stock Exchange (NYSE) provides an opportunity to examine (1) whether order flow affects market makers' spread-setting behavior and (2) whether brokers can capture liquidity-cost differences between market centers for their customers. Merrill's market-order customers appear to obtain better prices on the NYSE

Robert Battalio; Jason Greene; Robert Jennings

1998-01-01

100

Calendar effects in the London Stock Exchange FT–SE indices  

Microsoft Academic Search

This paper investigates the presence of various anomalies, or ‘calendar effects’, in the FT-SE 100, Mid 250 and 350 indices, and the accompanying industry baskets, for the period January 1986 to October 1992. Our results broadly support similar evidence found for many countries concerning stock market anomalies, for the ‘January’, ‘weekend’, ‘half of the month’ and ‘holiday’ effects all appear

Terence C. Mills; J. Andrew Coutts

1995-01-01

101

75 FR 31488 - Self-Regulatory Organizations; New York Stock Exchange, LLC; Order Approving Proposed Rule Change...  

Federal Register 2010, 2011, 2012, 2013

...estimated trading percentages in NMS Stocks in its Concept Release on Equity...Estimated % of ShareVolume in NMS Stocks September 2009...Trading Venue Volume in NMS Stocks...ed. 1998) (discussing the theory of monopolies and...

2010-06-03

102

77 FR 8927 - Self-Regulatory Organizations; Chicago Stock Exchange, Inc.; Order Approving a Proposed Rule...  

Federal Register 2010, 2011, 2012, 2013

...designated by the Chief Regulatory Officer (``CRO'') to suspend the trading privileges...Currently, Rule 2 authorizes the Exchange's CRO to suspend a Participant's membership...officer of the Exchange designated by the CRO to suspend the trading privileges of a...

2012-02-15

103

The relationship between stock returns and the foreign exchange rate: the ARDL approach  

Microsoft Academic Search

This study employs the ARDL cointegration approach in order to examine the impact of financial liberalization on the relationships between the exchange rate and share market performance in China. We discovered that cointegration has existed between the Shanghai A Share Index and the exchange rate of the renminbi against the US dollar and Hong Kong dollar since 2005, when the

Gary Gang Tian; Shiguang Ma

2010-01-01

104

Travel to Taiwan to exchange information on condensed matter physics. Foreign trip report, October 21--November 5, 1991.  

National Technical Information Service (NTIS)

The traveler was invited by the National Council of Science of Taiwan to visit several research-oriented universities in that country. The original plan was to spend two weeks at two major universities in Taipei, Taiwan, but the plan was modified on arriv...

S. H. Liu

1991-01-01

105

Time Series Behaviour of Stock Trading Volume:An Evidence from Indian Stock Market  

Microsoft Academic Search

In this paper, we attempt to study the time series dynamics of the stock trading volume, or equivalently stock turnover using recently available data for individual stocks traded on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). Stock turnover has been studied intensively in finance literature because of its use as an incomplete measure of liquidity, its

Alok Kumar

2004-01-01

106

78 FR 60954 - Self-Regulatory Organizations; National Stock Exchange, Inc.; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...MU, the Select Securities identified were Bank of America Corp. (``BAC''), Nokia Corporation (``NOK''), and Sirius XM Radio Inc. (``SIRI''). See Exchange Act Release No. 34-69941; 78 FR 41966; SR-NSX-2013-14...

2013-10-02

107

78 FR 41966 - Self-Regulatory Organizations; National Stock Exchange, Inc.; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...Bank of America Corp. (``BAC''), Micron Technology, Inc. (``MU''), Nokia Corporation (``NOK''), and Sirius XM Radio Inc. (``SIRI''). \\6\\ NSX Rule 2.11(a) defines a Trading Center as other securities exchanges,...

2013-07-12

108

76 FR 39451 - Self-Regulatory Organizations; Chicago Stock Exchange, Inc.; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...Effectiveness of Proposed Rule Concerning the CHX Connect Service June 29, 2011. Pursuant to...proposes to add Article 4, Rule 2 (CHX Connect) to include an explicit description of the Exchange's CHX Connect order routing service. The text of...

2011-07-06

109

75 FR 16540 - Self-Regulatory Organizations; National Stock Exchange, Inc.; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...wash sales'' that may occur as a result of the velocity of trading in today's high speed marketplace. Many ETP Holders have multiple connections into the Exchange due to capacity and speed related demands. Orders routed by the same...

2010-04-01

110

76 FR 7604 - Self-Regulatory Organizations; National Stock Exchange, Inc.; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...wash sales'' that may occur as a result of the velocity of trading in today's high speed marketplace. Many ETP Holders have multiple connections into the Exchange due to capacity and speed related demands. Orders routed by the same...

2011-02-10

111

76 FR 58553 - Self-Regulatory Organizations; Chicago Stock Exchange, Inc.; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...7\\ The Exchange also believes that disruptions to Participants and their personnel as a result of the recent Hurricane Irene may have contributed to the failure to effectively communicate the impact of the cancellation fee changes to...

2011-09-21

112

76 FR 57089 - Self-Regulatory Organizations; Chicago Stock Exchange, Incorporated; Order Approving a Proposed...  

Federal Register 2010, 2011, 2012, 2013

...Policies .01(a) to CHX Article 20, Rule 9,\\5\\ a trade representing...options exchange pursuant to its rules. A transaction...be cancelled pursuant to the provisions of Rule 9(b) unless the original...5\\ By this...

2011-09-15

113

The technical analysis of the stock exchange and physics: Japanese candlesticks for solar activity  

NASA Astrophysics Data System (ADS)

In this article, we use the Japanese candlesticks, a method popular in the technical analysis of the Stock/Forex markets and apply it to a variable in physics-the solar activity. This method is invented and used exclusively for economic analysis and its application to a physical problem produced unexpected results. We found that the Japanese candlesticks are convenient tool in the analysis of the variables in the physics of the Sun. Based on our observations, we differentiated a new cycle in the solar activity.

Dineva, C.; Atanasov, V.

2013-09-01

114

High-order fuzzy time-series based on multi-period adaptation model for forecasting stock markets  

NASA Astrophysics Data System (ADS)

Stock investors usually make their short-term investment decisions according to recent stock information such as the late market news, technical analysis reports, and price fluctuations. To reflect these short-term factors which impact stock price, this paper proposes a comprehensive fuzzy time-series, which factors linear relationships between recent periods of stock prices and fuzzy logical relationships (nonlinear relationships) mined from time-series into forecasting processes. In empirical analysis, the TAIEX (Taiwan Stock Exchange Capitalization Weighted Stock Index) and HSI (Heng Seng Index) are employed as experimental datasets, and four recent fuzzy time-series models, Chen’s (1996), Yu’s (2005), Cheng’s (2006) and Chen’s (2007), are used as comparison models. Besides, to compare with conventional statistic method, the method of least squares is utilized to estimate the auto-regressive models of the testing periods within the databases. From analysis results, the performance comparisons indicate that the multi-period adaptation model, proposed in this paper, can effectively improve the forecasting performance of conventional fuzzy time-series models which only factor fuzzy logical relationships in forecasting processes. From the empirical study, the traditional statistic method and the proposed model both reveal that stock price patterns in the Taiwan stock and Hong Kong stock markets are short-term.

Chen, Tai-Liang; Cheng, Ching-Hsue; Teoh, Hia-Jong

2008-02-01

115

Comparing Tehran STOCK Exchange as AN Emerging Market with a Mature Market by Random Matrix Approach  

NASA Astrophysics Data System (ADS)

We analyze cross-correlation between return fluctuations of stocks of an emerging market by using random matrix theory (RMT). We test the statistics of eigenvalues of cross-correlation (C) between stocks of the Tehran Price Index (TEPIX) as an emerging market and compare these with a mature market (US market). According to the "null hypothesis," a random correlation matrix constructed from mutually uncorrelated time series, the deviation from the Gaussian orthogonal ensemble of RTM is a good criterion. We find that a majority of the eigenvalues of C fall within the bulk (RMT bounds between ?+ and ?-) for the eigenvalues of the random correlation matrices. Further, we find that the distribution of eigenvector components for the eigenvectors corresponding to the largest deviating eigenvalues, display systematic deviations from the RMT prediction. Analyzing the components of the deviating eigenvectors by Inverse Participation Ratio, leads us to know that the largest eigenvalue corresponds to an influence common to the whole market. Our analysis of the other deviating eigenvectors shows distinct industries, whose identities corresponds to the structure of the Iran business environment.

Namaki, A.; Raei, R.; Jafari, G. R.

116

ONLINE COMMUNITIES FOR CUSTOMER RELATIONSHIP MANAGEMENT ON FINANCIAL STOCK MARKETS - A CASE STUDY FROM A PROJECT AT THE BERLIN STOCK EXCHANGE  

Microsoft Academic Search

Retail trading on financial exchanges is always intermediated by banks. Thus, a direct link between exchange and retail investors does not exist. However, financial exchanges offer services to retail investors. Thus, from a marketing perspective, retail investors are their direct customers. Caused by the bank-intermediated transaction chain on financial retail exchanges a direct customer relationship management (CRM) among exchanges and

Christoph Lattemann; Stefan Stieglitz

117

76 FR 46866 - Self-Regulatory Organizations; Chicago Stock Exchange, Incorporated; Notice of Filing of Proposed...  

Federal Register 2010, 2011, 2012, 2013

...Exchange proposes to amend Article 20, Rule 9 (Cancellation of Transactions...proposes to amend CHX Article 20, Rule 9 (Cancellation of Transactions...Rel. No. 34-54185 (July 20, 2006), 71 FR 42693 (July...amount of shares actually changing hands in the marketplace. Since...

2011-08-03

118

75 FR 55389 - Self-Regulatory Organizations; National Stock Exchange, Inc.; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...Proposed Rule Change To Amend Rule 11.13 Regarding Maximum Permissible Response Time...NSX is proposing to amend NSX Rule 11.13(b)(2) concerning the time within which...Exchange is proposing to amend its Rule 11.13(b)(2) concerning the time within...

2010-09-10

119

76 FR 36596 - Self-Regulatory Organizations; Chicago Stock Exchange, Inc.; Order Approving a Proposed Rule...  

Federal Register 2010, 2011, 2012, 2013

...proposed to make additional rules subject to punishment under its MRP. These rules relate to...the Exchange of a request to withdraw capital contribution (Article 3, Rule 6(b...impact on efficiency, competition, and capital formation. See 15 U.S.C....

2011-06-22

120

78 FR 9092 - Self Regulatory Organizations; Chicago Stock Exchange, Inc.; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...nullify transactions based on Article 20, Rule 10(a)-(h...m. Eastern Time. See CHX Article 20, Rule 1(b...Exchange to determine whether Article 20, Rule 10 is necessary once...which it was filed, or such shorter time as the Commission...

2013-02-07

121

78 FR 60945 - Self-Regulatory Organizations; Chicago Stock Exchange, Inc.; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...effectiveness to limit application of Article 20, Rule 10(c)(4) to...will continue to be subject to Article 20, Rule 10(c)(1) through...Exchange to determine whether Article 20, Rule 10 is necessary once...which it was filed, or such shorter time as the Commission...

2013-10-02

122

78 FR 8673 - Self-Regulatory Organizations; Chicago Stock Exchange, Inc.; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...Accordingly, the Exchange amended Article 20, Rule 2 as follows...circuit breakers provisions of Article 20, Rule 2: to ensure that...which it was filed, or such shorter time as the Commission may...proposed rule change, or such shorter time as designated by the...

2013-02-06

123

The differing privacy concerns regarding exchanging electronic medical records of internet users in Taiwan.  

PubMed

This study explores whether Internet users have different privacy concerns regarding the information contained in electronic medical records (EMRs) according to gender, age, occupation, education, and EMR awareness. Based on the Concern for Information Privacy (CFIP) scale developed by Smith and colleagues in 1996, we conducted an online survey using 15 items in four dimensions, namely, collection, unauthorized access, secondary use, and errors, to investigate Internet users' concerns regarding the privacy of EMRs under health information exchanges (HIE). We retrieved 213 valid questionnaires. The results indicate that the respondents had substantial privacy concerns regarding EMRs and their educational level and EMR awareness significantly influenced their privacy concerns regarding unauthorized access and secondary use of EMRs. This study recommends that the Taiwanese government organizes a comprehensive EMR awareness campaign, emphasizing unauthorized access and secondary use of EMRs. Additionally, to cultivate the public's understanding of EMRs, the government should employ various media, especially Internet channels, to promote EMR awareness, thereby enabling the public to accept the concept and use of EMRs. People who are highly educated and have superior EMR awareness should be given a comprehensive explanation of how hospitals protect patients' EMRs from unauthorized access and secondary use to address their concerns. Thus, the public can comprehend, trust, and accept the use of EMRs, reducing their privacy concerns, which should facilitate the future implementation of HIE. PMID:22527781

Hwang, Hsin-Ginn; Han, Hwai-En; Kuo, Kuang-Ming; Liu, Chung-Feng

2012-04-20

124

76 FR 61457 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing of Proposed Rule...  

Federal Register 2010, 2011, 2012, 2013

...Current Methodology For Determining When To Halt Trading in All Stocks Due to Extraordinary...current methodology for determining when to halt trading in all stocks due to extraordinary...current methodology for determining when to halt trading in all stocks due to...

2011-10-04

125

76 FR 61450 - Self-Regulatory Organizations; National Stock Exchange, Inc.; Notice of Filing of Proposed Rule...  

Federal Register 2010, 2011, 2012, 2013

...Current Methodology for Determining When To Halt Trading in All Stocks Due to Extraordinary...current methodology for determining when to halt trading in all stocks due to extraordinary...current methodology for determining when to halt trading in all stocks due to...

2011-10-04

126

78 FR 8662 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...for Methodology for Determining When to Halt Trading in All Stocks Due to Extraordinary...for methodology for determining when to halt trading in all stocks due to extraordinary...the methodology for determining when to halt trading in all stocks due to...

2013-02-06

127

Correlation structures in short-term variabilities of stock indices and exchange rates  

NASA Astrophysics Data System (ADS)

Financial data usually show irregular fluctuations and some trends. We investigate whether there are correlation structures in short-term variabilities (irregular fluctuations) among financial data from the viewpoint of deterministic dynamical systems. Our method is based on the small-shuffle surrogate method. The data we use are daily closing price of Standard & Poor's 500 and the volume, and daily foreign exchange rates, Euro/US Dollar (USD), British Pound/USD and Japanese Yen/USD. We found that these data are not independent.

Nakamura, Tomomichi; Small, Michael

2007-09-01

128

75 FR 52383 - Self-Regulatory Organizations; BATS Exchange, Inc.; NASDAQ OMX BX, Inc.; Chicago Board Options...  

Federal Register 2010, 2011, 2012, 2013

...International Securities Exchange LLC; The NASDAQ Stock Market LLC; National Stock Exchange, Inc.; New York Stock...Securities Exchange LLC (``ISE''), The NASDAQ Stock Market LLC (``Nasdaq''), National Stock Exchange,...

2010-08-25

129

Can the Industry Index Become Another Market Variable? Empirical Evidence from the Listed Banks in Shanghai Stock Exchange  

Microsoft Academic Search

To identify the variables that explain the rate of return of stock, Sharpe developed a simplified single-index model in 1963, and thereafter more models, such as multi-factor model, were constructed to explain the relationship. According to common sense, we can find the common movement of stocks prices in the same industry. Several researchers have found and examined it. In this

Fengjun Liu

2011-01-01

130

75 FR 28845 - Self-Regulatory Organizations; National Stock Exchange, Inc.; Notice of Filing of a Proposed Rule...  

Federal Register 2010, 2011, 2012, 2013

...Proposed Rule Change To Establish a Trading Halt for Individual Stocks Contained in the...is proposing to establish a trading halt for individual stocks contained in the...Rule 11.20A applies to market-wide halts whereas proposed new Rule 11.20B...

2010-05-24

131

76 FR 51076 - Self-Regulatory Organizations; The NASDAQ Stock Market LLC; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...Self-Regulatory Organizations; The NASDAQ Stock Market LLC; Notice of Filing and Immediate...on August 8, 2011, The NASDAQ Stock Market LLC (``Exchange''), filed...Securities Exchange LLC, The NASDAQ Stock Market LLC, New York Stock Exchange...

2011-08-17

132

76 FR 10631 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...1) \\1\\ of the Securities Exchange Act of 1934...filed with the Securities and Exchange Commission...the Risk Management Gateway (``RMG'') fee...4\\ See Securities Exchange Act Release...notes that NYSE Arca, Inc. (``NYSE...

2011-02-25

133

Taiwan’s industrial robots  

Microsoft Academic Search

Examines the growth in the use of, and versatility of industrial robots worldwide and looks at the current situation in Taiwan, which is reported to have the highest annual growth rate of robots. With a shortage of manpower, Taiwan sees automation as its best alternative, particularly in the automotive industry. Discusses robot research and development in Taiwan and compares it

Chiu-Chi Wei

1995-01-01

134

Fuzzy time-series based on Fibonacci sequence for stock price forecasting  

NASA Astrophysics Data System (ADS)

Time-series models have been utilized to make reasonably accurate predictions in the areas of stock price movements, academic enrollments, weather, etc. For promoting the forecasting performance of fuzzy time-series models, this paper proposes a new model, which incorporates the concept of the Fibonacci sequence, the framework of Song and Chissom's model and the weighted method of Yu's model. This paper employs a 5-year period TSMC (Taiwan Semiconductor Manufacturing Company) stock price data and a 13-year period of TAIEX (Taiwan Stock Exchange Capitalization Weighted Stock Index) stock index data as experimental datasets. By comparing our forecasting performances with Chen's (Forecasting enrollments based on fuzzy time-series. Fuzzy Sets Syst. 81 (1996) 311 319), Yu's (Weighted fuzzy time-series models for TAIEX forecasting. Physica A 349 (2004) 609 624) and Huarng's (The application of neural networks to forecast fuzzy time series. Physica A 336 (2006) 481 491) models, we conclude that the proposed model surpasses in accuracy these conventional fuzzy time-series models.

Chen, Tai-Liang; Cheng, Ching-Hsue; Jong Teoh, Hia

2007-07-01

135

75 FR 58452 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...Effectiveness of Proposed Rule Change To Add Certain Rules to the List of Exchange Rule...Exchange proposes to amend NYSE Rule 476A to add certain rules to its List of Exchange Rule...Exchange proposes to amend NYSE Rule 476A to add certain rules to its Minor Rule...

2010-09-24

136

A multi-agent based simulated stock market - testing on different types of stocks  

Microsoft Academic Search

Previously, we have developed a multiagent based simulated stock market where artificial stock traders coevolve by means of individual and social learning and learn to trade stock profitably. We tested our model on a single stock (British Petroleum) from the LSE (London Stock Exchange) where our artificial agents demonstrated dynamic learning behaviours and strong learning abilities. We extend our previous

Graham Kendall; YanSu

2003-01-01

137

78 FR 3064 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...Participants in the Exchange's Medallion Signature Program From $1,000 per Year to...participants in the Exchange's medallion signature program from $1,000 per year to...paid by participants in the medallion signature program (``MSP'') maintained...

2013-01-15

138

75 FR 41560 - Self-Regulatory Organizations; New York Stock Exchange LLC and NYSE Amex LLC; Notice of Filing...  

Federal Register 2010, 2011, 2012, 2013

...which includes matching initial trade submissions, correction processing, omnibus processing, and questioned trade (``QT'') resolution for trades that take place on the Exchanges. The OCS system is used by the Exchanges' members in their...

2010-07-16

139

75 FR 51512 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing of Proposed Rule...  

Federal Register 2010, 2011, 2012, 2013

...Exchange in order that they may locate their electronic servers in close physical proximity to the Exchange's trading...Installation of one $200 per server. server in User's cabinet. Service encompasses...

2010-08-20

140

77 FR 65040 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...Paragraph (c)(3) Addressing the Authority of the Exchange or Archipelago Securities LLC To Cancel Orders When a Technical or Systems...c)(3) that addresses the authority of the Exchange or Archipelago Securities LLC (``Arca Securities'') to cancel...

2012-10-24

141

78 FR 58587 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...the Unavailability of Exchange-Provided Cell Phones on September 11, 2013 September...the unavailability of Exchange-provided cell phones on September 11, 2013. The text...requirements related to using personal cell phones during the temporary...

2013-09-24

142

77 FR 63406 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...transaction for all MOC and LOC orders from any member organization executing an ADV of MOC/LOC activity on the Exchange...transaction for all other MOC and LOC orders...Exchange proposes to include an additional credit per...

2012-10-16

143

78 FR 62825 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...the Unavailability of Exchange- Provided Cell Phones Beginning on October 10, 2013 Until the Earlier of When Cell Phone Service Is Restored or October 11...the unavailability of Exchange-provided cell phones beginning on October 10, 2013...

2013-10-22

144

75 FR 21094 - Self-Regulatory Organizations; New York Stock Exchange LLC; Order Approving Proposed Rule Change...  

Federal Register 2010, 2011, 2012, 2013

...basis (the ``Pilot Program''). The proposed...See Securities Exchange Act Release No...the Proposal The Exchange proposes to make its Pilot Program permanent. Prior...in the case of foreign private...

2010-04-22

145

75 FR 21071 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...Which the Exchange Must Terminate Its Affiliation With NYFIX Securities Corporation April...date by which it must terminate its affiliation with NYFIX Securities Corporation...marking the beginning of the Exchange's affiliation with NYFIX Millennium and NYFIX...

2010-04-22

146

77 FR 56895 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...eliminate the step-up rate for non-Floor broker transactions. The Exchange proposes to make...The Exchange proposes to eliminate this step-up rate so that member organizations...Specifically, the Exchange believes that eliminating the step-up rate would simplify...

2012-09-14

147

78 FR 59992 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...Listing Standard for Reverse Merger Companies Set Forth in Section 102.01F of The Exchange's...listing standard for Reverse Merger Companies set forth in Section 102.01F of the Exchange's...The Exchange has prepared summaries, set forth in sections A, B, and C...

2013-09-30

148

76 FR 82339 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...letter to an Exchange Selection Panel (``ESP'') expressing a preference for a DMM...the Exchange proposes to permit the ESP to consider, as part of the selection process...the issuer would be non-binding on the ESP. The Exchange previously allowed a...

2011-12-30

149

77 FR 2585 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...Providing Liquidity on the Exchange and To Delete References to Round and Odd Lot Transactions...providing liquidity on the Exchange and to delete references to round and odd lot transactions...providing liquidity on the Exchange and to delete references to round and odd lot...

2012-01-18

150

78 FR 15394 - Self-Regulatory Organizations; New York Stock Exchange LLC; Order Approving Proposed Rule Change...  

Federal Register 2010, 2011, 2012, 2013

...member of the NAC, the Exchange's proposed rule would...person could not claim bias or prejudgment on the part of the CRO, the Exchange Board of Directors...to waiving claims of bias and replace them with references to the CRO, the Exchange Board of...

2013-03-11

151

75 FR 32831 - Self-Regulatory Organizations; The Chicago Stock Exchange, Inc.; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...to Exchange Participants for SRO Fees and DEA Examinations June 3, 2010. Pursuant to...to Exchange Participants for SRO Fees and DEA Examinations. The text of this proposed...The Exchange also proposes to reduce the DEA Examinations Fee under Section J.4....

2010-06-09

152

78 FR 29165 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing of Proposed Rule...  

Federal Register 2010, 2011, 2012, 2013

...That Will Be Posted on the Exchange's Web Site; and (ii) Adopt as New Rules Certain...that will be posted on the Exchange's Web site; and (ii) adopt as new rules certain...change is available on the Exchange's Web site at www.nyse.com, at the...

2013-05-17

153

78 FR 51788 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of and Order Granting...  

Federal Register 2010, 2011, 2012, 2013

...that will be Posted on the Exchange's Web site; and (ii) Adopt As New Rules Certain...that will be posted on the Exchange's Web site; and (ii) adopt as new rules certain...that will be posted on the Exchange's Web site; and (ii) adopt as new rules...

2013-08-21

154

76 FR 17728 - Self-Regulatory Organizations; Chicago Stock Exchange, Inc.; Notice of Filing and Order Granting...  

Federal Register 2010, 2011, 2012, 2013

...of a Proposed Change to Rules Regarding Proxy Voting by Participants March 24, 2011...to amend Article 8, Rule 14 regarding proxy voting by Participants which hold stock...to amend Article 8, Rule 14 regarding proxy voting by Participants which hold...

2011-03-30

155

77 FR 71853 - Self-Regulatory Organizations; BATS Exchange, Inc.; NASDAQ OMX BX Inc.; Chicago Board Options...  

Federal Register 2010, 2011, 2012, 2013

...Chicago Board Options Exchange, Incorporated; The NASDAQ Stock Market LLC; New York Stock Exchange LLC; NYSE Arca LLC...Exchange, Incorporated (``CBOE''), The NASDAQ Stock Market LLC (``Nasdaq''), New York Stock Exchange...

2012-12-04

156

CORPORATE GOVERNANCE AND MARKET IMPACT OF THE FINANCIAL HOLDING COMPANY ACT: EVIDENCE FROM TAIWAN  

Microsoft Academic Search

This paper investigates how the passage of Taiwan's Financial Holding Company (FHC) Act in 2001 has affected stock prices of various financial institutions in Taiwan, and how corporate governance factors may explain changes in their market values following the deregulation. No significant abnormal returns were found on any of the three stock sub-portfolios. The major benefits from the product-line diversification

Dar-Hsin Chen; Leonard Branson; Shin-Ling Huang

157

75 FR 10855 - Self-Regulatory Organizations; New York Stock Exchange, LLC; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...Proposed Rule Change Amending NYSE Rule 476 To Add a Provision for Violations Relating to Failing...Exchange proposes to amend NYSE Rule 476 to add a provision for violations relating to failing...Exchange'') proposes to amend Rule 476 to add a provision for violations relating to...

2010-03-09

158

75 FR 58455 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing of a Proposed Rule...  

Federal Register 2010, 2011, 2012, 2013

...Rule Change Amending Rule 104 To Adopt Pricing Obligations for Designated Market Makers...Exchange proposes to amend Rule 104 to adopt pricing obligations for Designated Market Makers...Exchange proposes to amend Rule 104 to adopt pricing obligations for DMMs. Under the...

2010-09-24

159

76 FR 32248 - Self-Regulatory Organizations; New York Stock Exchange LLC; Order Granting Approval of Proposed...  

Federal Register 2010, 2011, 2012, 2013

...among other things, that the Exchange's rules be...impediments to and perfect the mechanism of a free and open market and a national market system, and...protect investors and the public interest. The...expand exchange trading for debt securities with a...

2011-06-03

160

78 FR 51251 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...organization executes an ADV of MOC and LOC activity on the Exchange...sides) for all MOC and LOC orders. The Exchange proposes to add an additional fee tier for...organization executing an ADV of MOC and LOC activity on the...

2013-08-20

161

78 FR 51781 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...the Exchange proposes to make certain technical corrections to clarify its fee schedule...The proposed technical corrections to the fee schedule will...Theory of Railway Rates,'' Quarterly Journal of Economics V(4) 438, 465...

2013-08-21

162

77 FR 57625 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing of Proposed Rule...  

Federal Register 2010, 2011, 2012, 2013

...election, the Exchange offers either market analytics or Web- hosting products and services...permit a Tier One issuer to choose market analytics products and services as an alternative...receive market surveillance or market analytics products and services. With...

2012-09-18

163

76 FR 12161 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...re-priced, will be used as the limit order price for purposes of calculating any Minimum Triggering Volume Quantity (``MTV'') applicable to such orders. See Exchange Rule 1600(b)(2)(E) and (c)(3)(B)(ii)(I). See...

2011-03-04

164

78 FR 16561 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...wash sales'' that may occur as a result of the velocity of trading in today's high-speed marketplace. Commonly, member organizations...connections into the Exchange due to capacity and speed-related demands. Orders routed by member...

2013-03-15

165

77 FR 20870 - Self-Regulatory Organizations; New York Stock Exchange LLC; Order Approving a Proposed Rule...  

Federal Register 2010, 2011, 2012, 2013

...organization. The Exchange proposed to amend Supplementary Material .30(c) of Rule 402 to provide that when securities are callable in part under the Rule, a member organization may not allocate any called securities to the account of an affiliate...

2012-04-06

166

76 FR 38232 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...program that permitted Arca Securities, acting as the outbound router for NYSE Arca, Inc., to route PO Plus Orders to NYSE...applicable to the Exchange and virtually identical to the inbound router rule text already implemented for another...

2011-06-29

167

76 FR 49520 - Self-Regulatory Organizations; Chicago Stock Exchange, Inc.; Notice of Filing of Proposed Rule...  

Federal Register 2010, 2011, 2012, 2013

...Finally, the Exchange is proposing an Interpretation and Policy to define the elements of an adequate information barrier procedure for purposes of new Rule 5. Proposed Interpretation and Policy...

2011-08-10

168

78 FR 62889 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing of Proposed Rule...  

Federal Register 2010, 2011, 2012, 2013

...Exchange proposes to include corporate governance tools and advisory services...Enhanced Package''), corporate governance tools with a commercial value...companies are eager to understand corporate governance best practices and to...

2013-10-22

169

77 FR 77166 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...Proposed Rule Change Extending the Bond Trading License and the Bond Liquidity Provider Pilot Program...proposed rule change from interested persons...Exchange proposes to extend the bond trading license and the Bond...

2012-12-31

170

76 FR 79726 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...Proposed Rule Change Extending the Bond Trading License and the Bond Liquidity Provider Pilot Program...proposed rule change from interested persons...Exchange proposes to extend the bond trading license and the Bond...

2011-12-22

171

Does Trading Volume Contain Information to Predict Stock Returns? Evidence from China's Stock Markets  

Microsoft Academic Search

This paper examines empirical contemporaneous and causal relationships between trading volume, stock returns and return volatility in China's four stock exchanges and across these markets. We find that trading volume does not Granger-cause stock market returns on each of the markets. As for the cross-market causal relationship in China's stock markets, there is evidence of a feedback relationship in returns

Cheng F. Lee; Oliver M. Rui

2000-01-01

172

77 FR 67053 - Self-Regulatory Organizations; New York Stock Exchange LLC; Order Granting Approval of Proposed...  

Federal Register 2010, 2011, 2012, 2013

...election, the Exchange offers either market analytics or Web-hosting products and services...permit a Tier One issuer to choose market analytics products and services as an alternative...Tier One the option of receiving market analytics products and services in addition...

2012-11-08

173

77 FR 47471 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...proprietary trading unit of a member organization (``SLP-Prop'') and an SLP registered as a market maker at the Exchange...calculation. \\7\\ This calculation includes shares of both an SLP-Prop and an SLMM of the same member...

2012-08-08

174

78 FR 8677 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...trading pause by the primary market and subsequent transactions...Exchange believes the benefits to market participants from the more...shall be taken in a timely fashion, generally within thirty...disseminating the price bands and other market centers. Accordingly,...

2013-02-06

175

78 FR 38420 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...NYSE Rule 1000 To Increase the Price Threshold for Those Securities Ineligible for Automatic...NYSE Rule 1000 to increase the price threshold for those securities ineligible for automatic...Exchange believes that increasing the dollar threshold for high-priced securities would...

2013-06-26

176

75 FR 26825 - Self-Regulatory Organizations; New York Stock Exchange, LLC; Order Approving Proposed Rule Change...  

Federal Register 2010, 2011, 2012, 2013

...Federal Register Volume 75, Number 91 (Wednesday, May 12, 2010...Make Permanent a Unit-of-Count Metric Alternative for NYSE...change to make the unit-of-count metric a permanent alternative...the Proposal A. Unit-of-Count The Exchange proposes to...

2010-05-12

177

76 FR 1653 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...Limit-On-Close (``LOC'') orders in NYSE-listed...organizations that execute an average daily trading volume...million shares of MOC/LOC activity on the Exchange...organizations that execute an ADV of greater than 14 million shares of MOC/LOC activity on the...

2011-01-11

178

77 FR 67431 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...at-the-close (``LOC'') orders from any member...organizations that execute an average daily trading volume...organizations that do not execute an ADV of MOC and LOC activity on the Exchange...transaction fee for MOC and LOC orders from an ADV of at least 14...

2012-11-09

179

76 FR 29806 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing of Proposed Rule...  

Federal Register 2010, 2011, 2012, 2013

...00 to the Listed Company Manual That Sets Forth Certain Complimentary Products and...by adding a new Section 907.00 that sets forth certain complimentary products and...The Exchange has prepared summaries, set forth in Sections A, B, and C...

2011-05-23

180

76 FR 30418 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing of Proposed Rule...  

Federal Register 2010, 2011, 2012, 2013

...Proposed Rule Change Amending NYSE Rule 70.40(3) to Permit Member Organizations...The Exchange proposes to amend NYSE Rule 70.40(3) to permit member organizations...Purpose NYSE proposes to amend NYSE Rule 70.40(3) to permit member...

2011-05-25

181

78 FR 37265 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...barriers consisting of eight foot walls providing visual and sound insulation to reduce the likelihood that trading screens can be viewed...will continue to execute a very small volume of predominantly cotton options. In light of these facts, the Exchange believes...

2013-06-20

182

77 FR 63370 - Self-Regulatory Organizations; Chicago Stock Exchange, Inc.; Notice of Filing of Proposed Rule...  

Federal Register 2010, 2011, 2012, 2013

...the issuer or its parent or subsidiary in...three fiscal years, with exceptions for payments...required to comply with sections (a...Unif. Ltd. P'ship Act sections 102...proposed rule change in relation to the Exchange's...requirements are consistent with the...

2012-10-16

183

78 FR 49785 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...Proposed Rule Change Amending Section 902.03 of the Listed Company Manual To Specify...Exchange proposes to amend Section 902.03 of the Listed Company Manual (the ``Manual...non-substantive changes to Section 902.03. The text of the proposed rule change...

2013-08-15

184

78 FR 20983 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...provide NYSE Trades Digital Media in a context in which a trading...the future as NYSE RRP Digital Media, but there will be no substantive...only the permitted distribution channels. The Exchange will propose pricing for NYSE Trades Digital Media and NYSE RRP Digital Media...

2013-04-08

185

78 FR 54704 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...CSP Access'') available at a 40 Gb bandwidth because, at least initially, User demand...connections would be at 40 Gb, because 40 Gb bandwidths are not currently offered for SFTI and...Users to upgrade to the proposed higher- bandwidth connections, the Exchange proposes...

2013-09-05

186

77 FR 42024 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...regard, CSIII and CSIV are no longer in effect on the Exchange.\\11\\ Additionally...to move the fee schedule references to CSI and CSII under one heading...and CSIV and putting the text describing CSI and CSII under one heading is...

2012-07-17

187

76 FR 49513 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing of Proposed Rule...  

Federal Register 2010, 2011, 2012, 2013

...under the Securities Act of 1933 (the ``Securities...cases a private company effects an exchange offer or other...with respect to a number of reverse merger companies...fraud or subject to other concealed and undisclosed legal...problems. For purposes of proposed Section...

2011-08-10

188

Taiwan's Identity Challenge  

Microsoft Academic Search

Taiwan’s geo-strategic position and its domestic political development have been in conflict throughout its modern, post-Chinese civil war history. Taiwan’s geo-strategic position, defined by its oppositional relationship to China, has ensured that Taiwan and the cross-strait relations have remained a global flash point for close to 60 years. For the first 40 years, Taiwan’s goal to reclaim China has underpinned

Malcolm Cook

2005-01-01

189

Returns and Volatility of Eurozone Energy Stocks  

Microsoft Academic Search

This paper constitutes a first analysis on stock returns and stock return volatility of energy corporations from the Eurozone. According to our results, the gas market does not play a role for the pricing of Eurozone energy stocks. However, changes in the Euro to U.S. Dollar exchange rate as well as developments at the money and especially at the oil

Ulrich Oberndorfer

2008-01-01

190

Computerized stock screening rules for portfolio selection  

Microsoft Academic Search

Recent studies have uncovered several systematic patterns that increase the probability that individual investors can select stock portfolios with excess returns. This study tests the feasibility of using a commercially available computerized stock screening program for investors to take advantage of these patterns. The screening program searches the three major exchanges and selects stocks on both fundamental and technical indicators:

Steven C. Gold; Paul Lebowitz

1999-01-01

191

Country Analysis Briefs: Taiwan.  

National Technical Information Service (NTIS)

Located across the Taiwan Strait from mainland China, Taiwan is an important economic and trading center, with one of the busiest ports in the world (Kaohsiung). As Taiwan lacks sufficient domestic energy sources, it is almost totally dependent on energy ...

2008-01-01

192

78 FR 21675 - Self-Regulatory Organizations; The NASDAQ Stock Market LLC; Order Approving, on an Accelerated...  

Federal Register 2010, 2011, 2012, 2013

...Self-Regulatory Organizations; The NASDAQ Stock Market LLC; Order Approving, on an Accelerated...On March 5, 2013, The NASDAQ Stock Market LLC (``NASDAQ'' or ``Exchange...NASDAQ OMX PHLX LLC, the Nasdaq Stock Market LLC, and National Stock...

2013-04-11

193

Determinants of the Components of the Bid-Ask Spreads on the London Stock Exchange: The Case of Changes in Trading Regimes  

Microsoft Academic Search

We look into the components of the bid-ask spread and their determinants for FTSE100 and FTSE250 stocks under different trading regimes. We find that the asymmetric component of the spread for FTSE100 stocks is higher under a quote driven market. Also stock volatility appears to affect the asymmetric component to a greater extent when the market is quote driven. We

Evangelos Giouvris; George Philippatos

194

75 FR 3774 - Self-Regulatory Organizations; The NASDAQ Stock Market LLC; Notice of Filing of Proposed Rule...  

Federal Register 2010, 2011, 2012, 2013

...Self-Regulatory Organizations; The NASDAQ Stock Market LLC; Notice of Filing of Proposed...December 30, 2009, The NASDAQ Stock Market LLC (the ``Exchange'' or...19b-4 thereunder,\\5\\ The NASDAQ Stock Market LLC (the ``Exchange''...

2010-01-22

195

Journal of the Fisheries Society of Taiwan, Volume 26, No. 1, March 1999.  

National Technical Information Service (NTIS)

Contents: Environmental Factors and the Spatial Distribution of Mcrofauna in Marine Seiment Southwest of Taiwan; Ontogenetic Changes of Sound Production in Japanese Croaker, Argyrosomus japonicus (Sciaenidae); Examining the Effects of Stocking Density and...

S. Y. Shiau

1999-01-01

196

Journal of the Fisheries Society of Taiwan, Volume 30, No. 1, March 2003.  

National Technical Information Service (NTIS)

Contents: Major Viral Diseases of Penaeus monodon in Taiwan; Automatic Manipulation System for Mass Propagation and Chromosome Manipulation of the Small Abalone, Haliotis diversicolor: Preliminary Results; Effects of Stocking Density on Growth, Survival, ...

2003-01-01

197

Journal of the Fisheries Society of Taiwan, Vol 25, No. 2, June 1998.  

National Technical Information Service (NTIS)

Contents: Comparison of Multivariate Allometric Coefficients in Red-Spot Prawn (Metapenosis barbata) from Adjacent Waters off Taiwan; The Mathematical Catch Model of Pots for Yellow Sea Bream; Estimation the Stock Size and Fishing Mortality of Sakura Shri...

S. Y. Shiau

1998-01-01

198

Journal of the Fisheries Society of Taiwan, Volume 32, No. 2, June 2005.  

National Technical Information Service (NTIS)

Contents: Three Species of Nothobomolchus Vervoort, 1962 (Copepoda: Bomolochidae) Parasitic on Marine Fishes Landed at Dong-shih Fishing Port in Central Taiwan; The Effects of Feeding Frequency, Stocking Density and Fish Size on Growth, Food Consumption, ...

S. T. Jiang

2005-01-01

199

Daily variation and predicting stock market returns for the frankfurter börse (stock market)  

Microsoft Academic Search

In this article we test the random walk hypothesis in the German daily stock prices by means of a unit root test and the development of an ARIMA model for prediction. The results show that the time series of daily stock returns for a stratified random sample of German firms listed on the stock exchange of Frankfurt exhibit unit roots.

Jeffrey E. Jarrett; Janne Schilling

2008-01-01

200

The Stock Market Game: A Simulation of Stock Market Trading. Grades 5-8.  

ERIC Educational Resources Information Center

|This guide to a unit on a simulation game about the stock market contains an instructional text and two separate simulations. Through directed lessons and reproducible worksheets, the unit teaches students about business ownership, stock exchanges, benchmarks, commissions, why prices change, the logistics of buying and selling stocks, and how to…

Draze, Dianne

201

77 FR 8312 - Self-Regulatory Organizations; NASDAQ Stock Market LLC; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...Self-Regulatory Organizations; NASDAQ Stock Market LLC; Notice of Filing and Immediate...January 31, 2012, The NASDAQ Stock Market LLC (``NASDAQ'' or ``Exchange...Proposed Rule Change The NASDAQ Stock Market LLC proposes to modify...

2012-02-14

202

77 FR 3024 - Self-Regulatory Organizations; NASDAQ Stock Market LLC; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...Self-Regulatory Organizations; NASDAQ Stock Market LLC; Notice of Filing and Immediate...on January 6, 2012, The NASDAQ Stock Market LLC (``NASDAQ'' or ``Exchange...Proposed Rule Change The NASDAQ Stock Market LLC proposes to relocate...

2012-01-20

203

78 FR 21996 - Self-Regulatory Organizations; The NASDAQ Stock Market LLC; Order Granting Accelerated Approval...  

Federal Register 2010, 2011, 2012, 2013

...Self-Regulatory Organizations; The NASDAQ Stock Market LLC; Order Granting Accelerated...On March 14, 2013, The NASDAQ Stock Market LLC (``Exchange'') filed...Senior Vice President, The NASDAQ Stock Market LLC, dated April 5,...

2013-04-12

204

The protective effect of taking care of grandchildren on elders' mental health? Associations between changing patterns of intergenerational exchanges and the reduction of elders' loneliness and depression between 1993 and 2007 in Taiwan  

PubMed Central

Background The 20th century’s rapid industrialization and urbanization brought important social changes to Taiwan, including an increased number of elders living alone, which has increased risk of depression for the elderly. This study aimed to evaluate the changing pattern regarding the effect of intergenerational exchanges on elders’ depressive symptoms from 1993 to 2007. Methods Data from the second-, fourth- and sixth-wave surveys of the Study of Health and Living Status of the Middle-Aged and Elderly in Taiwan were analyzed. This study collected elders’ individual sociodemographic characteristics, their self-reported health status and their intergenerational exchanges, including living with partners or with their children and their provision of care for their grandchildren. Information about elders’ depression was evaluated using the 5-item Epidemiological Studies Depression Scale (CES-D). Changes in elders’ intergenerational exchanges and depressive symptoms were compared during these study periods (chi-square test). Then, logistic regression was performed to determine how significantly elders’ intergenerational exchanges were associated with their depressive symptoms across the three years 1993, 1999 and 2007. Results The prevalence of elders living with partners decreased from 1993 to 2007 by 19%, and that of living with their children decreased from 1993 to 2007 by 7%. Conversely, the percentage of elders providing care for grandchildren dramatically increased, from 9% in 1993 to 21% in 2007. Elderly people had significantly fewer depressive symptoms in 2007 than in 1993. After adjusting for confounders, those living without a partner, living without children or providing no grandchild care had a greater risk of feeling lonely and being depressed. However, during the period 1993 to 2007, the impact on elders’ depression and loneliness of co-residing with a partner or with children decreased at the same time that the impact of their provision of grandchild care increased. In 2007, elders who provided no grandchild care were significantly more likely to feel lonely and sad as well as to have high CES-D scores; these strong associations were not found in 1993 and 1999. Conclusions This study illustrates how taking care of grandchildren protects against depression and loneliness in elderly Taiwanese. We argue the need, in an aging society, for improving intergenerational interaction and recommend careful evaluation of the interaction between population policies and those of social welfare, such as child care.

2013-01-01

205

Stock Options  

Microsoft Academic Search

\\u000a The participation of employees in the company’s economic success serves to bring the interests of the employees in line with\\u000a the interests of the shareholders in increasing the profit of the company. Stock options and other equity awards may help\\u000a to create an entrepreneurial spirit within the company’s workforce increasing the motivation and loyalty of the staff. Since\\u000a stock options

Martin Heinsius; Pascal R. Kremp

206

An Internet multicast system for the stock market  

Microsoft Academic Search

We are moving toward a distributed, international, twenty-four hour, electronic stock exchange. The exchange will use the global Internet, or internet technology. This system is a natural application of multicast because there are a large number of receivers that should receive the same information simultaneously. The data requirements for the stock exchange are discussed. The current multicast protocols lack the

Nicholas F. Maxemchuk; David H. Shur

2001-01-01

207

Nanotechnologies in Taiwan.  

National Technical Information Service (NTIS)

The purpose of our visit was to promote the Taiwan AFOSR Nanoscience Initiative and encourage white papers for review and consideration of rfp (request for proposal) from the institutions visited. The goal of the Taiwan AFOSR Nanoscience Initiative is to ...

F. L. Madarasz

2002-01-01

208

Wealth Effects on Consumption in Taiwan: An Application of the Multivariate Markov Regime-Switching Model  

Microsoft Academic Search

“The buffer stock theory” derived from the intertemporal utility maximization predicts that an increase in wealth will dampen the motive for precautionary savings and therefore reduce consumption’s over-sensitivity with respect to income changes. Since over the last forty years Taiwan has more than once experienced sharp rises in the values of stock market and real estate, the goal of this

Ching-Fan Chung; Vei-Lin Chan; Kuang-Liang Chang

2004-01-01

209

Evolution in intergenerational exchanges between elderly people and their grandchildren in Taiwan; data from a multiple round cross-sectional study from 1993 to 2007  

PubMed Central

Background This study aimed to evaluate social evolution in Taiwan in recent decades using the changing pattern of care provided by grandparents for their grandchildren as an indicator. Methods Data from the second, fourth and sixth wave surveys of the Study of Health and Living Status of the Middle-Aged and Elderly in Taiwan were used for the analysis. This survey collected individual characteristics, including age, gender, education, ethnicity, dwelling place, living with partners, co-resident with children, employment status, self-reported health status and their provision of care for their grandchildren. Information about the attitudes toward National Health Insurance (NHI) was further collected in a questionnaire of 1999 following the implementation of NHI in 1995. By elders, we mean persons 60 or more years old. By grandchildren, we mean persons under 16 years of age. First, changes in individual characteristics were compared during these study periods (chi-square test). Then the logistic regression was performed to determine how significantly elders' grandchild-care behavior was associated with their individual characteristics. Results The percentage of elders providing grandchild care increased from 7.7% in 1993 to 13.6% in 1999, and then to 19.4% in 2007. By analysis, significant association was found between behavior in taking care of grandchildren and individuals of lower age, grandmothers, those living with partners or co-residing with children, those unemployed and those with better self-reported health status. And the effect of year was confirmed in the multivariable analysis. Conclusions This study pointed out the changing pattern of elders' behavior in taking care of their grandchildren as the main indicator and their related individual characteristics. We argue the need for improving social security policies in an ageing society. We suggest that the interaction between population policies and those of social welfare, including policies for health care and childcare, should be carefully evaluated.

2011-01-01

210

Taiwan: Background Notes Series.  

ERIC Educational Resources Information Center

|Concise background information on Taiwan is provided. The publication begins with a profile of Taiwan, discussing the people, geography, political establishment, and economy. A map of the country is provided. The bulk of the publication then provides more detailed information on Taiwan's people, geography, history, administration, political…

Reams, Joanne Reppert

211

Taiwan, Rose or Thorn.  

National Technical Information Service (NTIS)

The ramifications of the present status quo and the future of Taiwan as it affects the major powers of the Western Pacific is examined. A free Taiwan versus a Chinese Taiwan is examined in relation to Japanese, Russian, Chinese, and US national interests ...

C. Q. Shelton

1974-01-01

212

The Workforce Education and Development in Taiwan  

ERIC Educational Resources Information Center

Workforce education and development (WED) can be broadly defined as those formal, informal and nonformal activities that prepare people for work. In Taiwan, it includes technological and vocational education (TVE), human resource development (HRD), public vocational training and adult education. In order to promote information exchanges and…

Lee, Lung-Sheng

2012-01-01

213

A forecasting approach for stock index future using grey theory and neural networks  

Microsoft Academic Search

Previously used quantitative indices for predicting stock prices are not really suitable, and the requirement for a large amount of input data slows down the convergence of a neural network model. Therefore, this research attempts to develop a better prediction model by the integration of neural network technique and grey theory for the SIMEX Taiwan stock index future. In this

Sheng-Chai Chi; Hung-Pin Chen; Chun-Hao Cheng

1999-01-01

214

76 FR 35498 - Self-Regulatory Organizations; The NASDAQ Stock Market LLC; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...Self-Regulatory Organizations; The NASDAQ Stock Market LLC; Notice of Filing...on May 31, 2011, The NASDAQ Stock Market LLC (``NASDAQ...Commission precedent and economic theory.\\11...markets such as International Stock Exchange (``ISE''),...

2011-06-17

215

Stock Market Crash of 1929: Irving Fischer was Right.  

National Technical Information Service (NTIS)

In the fall of 1929, the market value of all shares listed on the New York Stock Exchange fell by 30 percent. Many analysts then and now take the view that stocks were then overvalued and the stock market was in need of a correction. But Irving Fisher arg...

E. R. McGrattan E. C. Prescott

2001-01-01

216

Predicting the bear stock market: Macroeconomic variables as leading indicators  

Microsoft Academic Search

This paper investigates whether macroeconomic variables can predict recessions in the stock market, i.e., bear markets. Series such as interest rate spreads, inflation rates, money stocks, aggregate output, unemployment rates, federal funds rates, federal government debt, and nominal exchange rates are evaluated. After using parametric and nonparametric approaches to identify recession periods in the stock market, we consider both in-sample

Shiu-Sheng Chen

2009-01-01

218

Barnacle fouling impedes the gaseous exchange and food production of the mangroves Kandelia obovata , a dominant mangrove species in Hong Kong and Taiwan  

Microsoft Academic Search

Barnacle fouling has shown to impede gas exchange ability of mangroves. Fouled mangrove plants may therefore obtain less carbon\\u000a dioxide and water for photosynthesis, resulting in reduced food and chloroplasts production, but such hypothesis remains untested.\\u000a The objective of the present study compared the stomata density (essential for obtaining carbon dioxide and water molecules)\\u000a and leaf chlorophyll concentration (essential for

S. W. Li; Benny K. K. Chan; Nora F. Y. Tam

2009-01-01

219

The Index cohesive effect on stock market correlations  

NASA Astrophysics Data System (ADS)

We present empirical examination and reassessment of the functional role of the market Index, using datasets of stock returns for eight years, by analyzing and comparing the results for two very different markets: 1) the New York Stock Exchange (NYSE), representing a large, mature market, and 2) the Tel Aviv Stock Exchange (TASE), representing a small, young market. Our method includes special collective (holographic) analysis of stock-Index correlations, of nested stock correlations (including the Index as an additional ghost stock) and of bare stock correlations (after subtraction of the Index return from the stocks returns). Our findings verify and strongly substantiate the assumed functional role of the index in the financial system as a cohesive force between stocks, i.e., the correlations between stocks are largely due to the strong correlation between each stock and the Index (the adhesive effect), rather than inter-stock dependencies. The Index adhesive and cohesive effects on the market correlations in the two markets are presented and compared in a reduced 3-D principal component space of the correlation matrices (holographic presentation). The results provide new insights into the interplay between an index and its constituent stocks in TASE-like versus NYSE-like markets.

Shapira, Y.; Kenett, D. Y.; Ben-Jacob, E.

2009-12-01

220

Renewable energy in Taiwan  

Microsoft Academic Search

With limited indigenous conventional energy resources, Taiwan imports over 99% of its energy supply from foreign countries, mostly from the Middle East. Developing independent renewable energy resources is thus of priority concern for the Taiwanese government. A medium subtropical island surrounded by the Pacific Ocean, Taiwan has enormous potential to develop various renewable energies, such as solar energy, biomass energy,

Falin Chen; Shyi-Min Lu; Eric Wang; Kuo-Tung Tseng

2010-01-01

221

Maternity Leave in Taiwan  

ERIC Educational Resources Information Center

|Using the first nationally representative birth cohort study in Taiwan, this paper examines the role that maternity leave policy in Taiwan plays in the timing of mothers returning to work after giving birth, as well as the extent to which this timing is linked to the amount of time mothers spend with their children and their use of breast milk…

Feng, Joyce Yen; Han, Wen-Jui

2010-01-01

222

Construction and Evaluation of an IT Role Model Website for Women and Adolescent Girls in Taiwan  

Microsoft Academic Search

This study constructed and evaluated an IT r ole model website developed based on the role modeling theory for women and adolescent girls in Taiwan. This website not only introduces Taiwan's female role models in IT to women and adolescent girls, but also provides women in IT professions with an online platform to share and exchange their working experience. Content

Pi-Chi Chen; Pei-Chi Chan

223

78 FR 23487 - Certain Outbound Property Transfers by Domestic Corporations; Certain Stock Distributions by...  

Federal Register 2010, 2011, 2012, 2013

...Domestic Corporations; Certain Stock Distributions by Domestic Corporations; Correction...certain nonrecognition exchanges, or to distributions of stock of certain foreign corporations...corporation in certain nonrecognition distributions. The final regulations also...

2013-04-19

224

Wavelet neural networks for stock trading  

NASA Astrophysics Data System (ADS)

This paper explores the application of a wavelet neural network (WNN), whose hidden layer is comprised of neurons with adjustable wavelets as activation functions, to stock prediction. We discuss some basic rationales behind technical analysis, and based on which, inputs of the prediction system are carefully selected. This system is tested on Istanbul Stock Exchange National 100 Index and compared with traditional neural networks. The results show that the WNN can achieve very good prediction accuracy.

Zheng, Tianxing; Fataliyev, Kamaladdin; Wang, Lipo

2013-05-01

225

Internet Daily Stock Report  

NSDL National Science Digital Library

The Internet Daily Stock Report contains a daily market recap and morning report on how Internet related stocks are faring. Provided by Internet World, it also contains an Internet stock index of over twenty companies, with names, stock symbols, and business type. Hypertext links to the home pages of those companies are provided.

226

The three-factor model and artificial neural networks: predicting stock price movement in China  

Microsoft Academic Search

Since the establishment of the Shanghai Stock Exchange (SHSE) in 1990 and the Shenzhen Stock Exchange (SZSE) in 1991, China’s\\u000a stock markets have expanded rapidly. Although this rapid growth has attracted considerable academic interest, few studies\\u000a have examined the ability of conventional financial models to predict the share price movements of Chinese stock. This gap\\u000a in the literature is significant,

Qing Cao; Mark E. Parry; Karyl B. Leggio

2011-01-01

227

Liver Disease on Taiwan.  

National Technical Information Service (NTIS)

Review of 762 liver biopsies from 2 Chinese military hospitals on Taiwan over a 5 year period revealed the major distribution of clinically manifested liver diseases to be as follows: hepatitis (presumable viral) 42%; cirrhosis 19%; and primary carcinoma ...

P. C. Chu S. C. Sun W. H. Liang J. W. Fresh

1965-01-01

228

Taiwan Space Programs  

Microsoft Academic Search

Taiwan space programs consist of FORMOSAT-1, -2, and -3, sounding rockets, and international cooperation. FORMOSAT-1, a low-earth-orbit (LEO) scientific experimental satellite, was launched on January 26, 1999. It circulates with an altitude of 600 km and 35 degree inclination around the Earth every 97 minutes, transmitting collected data to Taiwan's receiving stations approximately six times a day. The major mission

Jann-Yenq Liu

2008-01-01

229

26 CFR 1.897-6T - Nonrecognition exchanges applicable to corporations, their shareholders, and other taxpayers, and...  

Code of Federal Regulations, 2013 CFR

...portion of note received in exchange for real property]), $600,000 of the stock in exchange for real property ($900,000 [total value...portion of stock received in exchange for real property]). All three amounts...

2013-04-01

230

Structure Stock Valuation Models.  

National Technical Information Service (NTIS)

The classic valuation theory for stocks is considered from the point of view that investors systematically predict the future based on currently available financial data and therefore current stock prices should be a function of these data. Within the con...

D. M. Kreps

1974-01-01

231

26 CFR 1.367(b)-4 - Acquisition of foreign corporate stock or assets by a foreign corporation in certain...  

Code of Federal Regulations, 2013 CFR

...are the same as Example 3, except that USP, a domestic corporation, owns the controlling...reorganization, DC exchanges its FC2 stock for USP stock. (ii) Result . Because DC receives stock of a domestic corporation, USP, in the section 354 exchange, the...

2013-04-01

232

Predictability of stock markets with disequilibrium trading. A commentary paper  

Microsoft Academic Search

The paper focuses on the problem of predictability of stock market returns with disequilibrium trading. It is shown that the predictability of returns may be the consequence of quantity constraints appearing in the markets due to the imposition of administrative restrictions on trade. A relevant test of predictability for the Warsaw Stock Exchange (WSE) based on information referring to disequilibrium

Pawel Mi?ob?dzki

2004-01-01

233

Asymmetry of Returns in the Australian STOCK Market  

NASA Astrophysics Data System (ADS)

We use econophysics techniques to investigate the characteristics of the distribution of returns from the All Ordinaries Index and from optimal portfolios constructed from individual stocks on the Australian Stock Exchange. We find in general that the tails of the distributions are asymmetric and that the negative tail favours a power-law behaviour while the positive tail is more Gaussian.

Gunner, Susan M.; Brooks, Louise; Storer, Robin G.

234

Real estate and stock returns: a multivariate VAREC model  

Microsoft Academic Search

In this paper, we examine dynamic relationships among three housing market variables and a stock market index in a multivariate vector autoregressive error correction (VAREC) model. It is first found that, in the USA, sales and the median sales price of the existing single-family homes and the 30-year mortgage rate have unit roots, while the New York Stock Exchange (NYSE)

Aman Ullah; Zhong-guo Zhou

2003-01-01

235

Athens and Lisbon Stock Markets: A thermodynamic approach  

Microsoft Academic Search

In this work, we present the results of our analysis in the stock markets of Greece and Portugal. We recognize exponential laws at both Athens Stock Exchange General Index (GD) and Lisbon's Main Index. This fact stimulates us to apply formalisms taken from physics about the study of macroscopic properties. Especially, we introduce the implication of Newton's law of cooling

A. GKRANAS; V. L. RENDOUMIS; H. M. POLATOGLOU

236

The Housing market Disequilibrium Dynamics and Pricing in Advance:The case of Taiwan  

Microsoft Academic Search

The main purpose of this study is to investigate first the vacant status and the dynamic disequilibrium characteristics of the housing market in Taiwan and then construct a new dynamic disequilibrium modified stock-flow structural model based on that in order to capture the price adjustment mechanism of the market in disequilibrium. To this end , we shall adopt the pricing

Shyang-Hwa Wu; Sun-Tien Wu

237

Low Incidence of Erythrocyte G-6-P Deficiency in Aborigines of Taiwan.  

National Technical Information Service (NTIS)

The aboriginal people of Taiwan, who are believed to be of Indonesian or Proto-Malayan stock currently occupy mountainous areas in the eastern two-thirds of the island. The combined population of the nine principal tribes is approximately 200,000; a tenth...

R. Q. Blackwell B. N. Blackwell L. Yen H. F. Lee

1969-01-01

238

Genotoxicity of Fumes from Heated Cooking Oils Produced in Taiwan  

Microsoft Academic Search

Epidemiologic investigations of lung cancer among Taiwanese nonsmoking women have found that exposure to fumes from cooking oils may be an important risk factor. Fume samples from three different commercial cooking oils (lard, soybean, and peanut oils) often used in Taiwan for preparing Chinese meals were collected for genotoxicity analysis in SOS chromotest and sister chromatid exchange (SCE) assays. The

Pei-Fen Wu; Tai-An Chiang; Ying-Chin Ko; Huei Lee

1999-01-01

239

Discounts On Illiquid Stocks: Evidence From China  

Microsoft Academic Search

This paper provides evidence on the significant impact of illiquidity or non-marketability on security valuation. A typical listed company in China has several types of share outstanding: (i) common shares that are only tradable on stock exchanges, (ii) restricted institutional shares (RIS) that are not tradable and can only be tansferred privately or through irregularly scheduled auctions, and (iii) state

Zhiwu Chen; Peng Xiong

2001-01-01

240

78 FR 19037 - Self-Regulatory Organizations; The NASDAQ Stock Market LLC; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...Organizations; The NASDAQ Stock Market LLC; Notice of Filing and Immediate...11, 2013, The NASDAQ Stock Market LLC (``NASDAQ'' or...the Exchange systems shall not route buy (sell) interest to an away market displaying a sell (buy)...

2013-03-28

241

78 FR 38755 - Self-Regulatory Organizations; The NASDAQ Stock Market LLC; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...SR-NASDAQ-2013-083] Self-Regulatory Organizations; The NASDAQ Stock Market LLC; Notice of Filing and Immediate Effectiveness of...is hereby given that, on June 13, 2013, The NASDAQ Stock Market LLC (``NASDAQ'' or ``Exchange'') filed...

2013-06-27

242

Dollar and the stock market: An approach using Haar wavelet  

NASA Astrophysics Data System (ADS)

This paper presents a methodology to detect significant changes in the price of U.S. dollar in regarding to the stock exchange using the Haar wavelet as well as statistical analyzes of several parameters. The data used arise of information provided by the stock market, both for the U.S. dollar and for the stock market. The results show that the applied methodology through Haar wavelet, are able to inform in advance the trend of the stock market through a single variable, the U.S. dollar.

Belardi, Aldo Artur; Aguiar, Renato A.

2012-08-01

243

Statistical Analysis by Statistical Physics Model for the STOCK Markets  

NASA Astrophysics Data System (ADS)

A new stochastic stock price model of stock markets based on the contact process of the statistical physics systems is presented in this paper, where the contact model is a continuous time Markov process, one interpretation of this model is as a model for the spread of an infection. Through this model, the statistical properties of Shanghai Stock Exchange (SSE) and Shenzhen Stock Exchange (SZSE) are studied. In the present paper, the data of SSE Composite Index and the data of SZSE Component Index are analyzed, and the corresponding simulation is made by the computer computation. Further, we investigate the statistical properties, fat-tail phenomena, the power-law distributions, and the long memory of returns for these indices. The techniques of skewness-kurtosis test, Kolmogorov-Smirnov test, and R/S analysis are applied to study the fluctuation characters of the stock price returns.

Wang, Tiansong; Wang, Jun; Fan, Bingli

244

Introduced Leishmaniasis on Taiwan.  

National Technical Information Service (NTIS)

Leishmaniasis is not known to be indigenous to Taiwan but a number of imported cases of visceral as well as post-kala-azar dermal leishmaniasis have been seen. Only two autochthonous cases of cutaneous-subcutaneous diseases have been documented in aborigi...

J. H. Cross J. J. Gunning D. J. Drutz J. C. Lien

1985-01-01

245

Technology Education in Taiwan.  

ERIC Educational Resources Information Center

Technology education focusing on technological literacy is provided to Taiwanese students in grades 1-11, primarily through the secondary school subject Living Technology (LT). Taiwan's newly promulgated national curriculum for grades 1-9 has integrated LT with natural science for the key learning area (KLA) Natural Science and Living Technology.…

Lee, Lung-Sheng Steven

246

Medical education in Taiwan.  

PubMed

Taiwan's medical education system bears a close relationship with its colonial and post-colonial history. Since the late nineteenth century, Western medicine, Chinese medicine, and the practice of the other forms of traditional healing have encountered complex transactions with the state and one another, eventually evolving into the present medical system. Nowadays, the mainstream form of medical education in Taiwan is a 7-year Western program; other forms of medical education include a 5-year graduate program and traditional medicine programs. Challenged by the National Health Insurance that emphasizes cost management since 1995 and criticized by the US National Committee on Foreign Medical Education and Accreditation in 1998, medical education reform was implemented by the Taiwan Medical Accreditation Council established in 2000. The reform tries to bring humanities into various aspects of medical education, including student recruitment, curriculum, licensing, and continuing education. Similar to other modernization projects, the reform transplants the American and British standards to Taiwan. These changes hope to insure the reflective capabilities in physicians on the welfare of patients. However, frustration of current and future physicians may be deepened if the reform is insensitive to local issues or incapable of addressing new global tendencies. PMID:22364449

Chou, Jen-Yu; Chiu, Chiung-Hsuan; Lai, Enoch; Tsai, Duujian; Tzeng, Chii-Ruey

2012-01-01

247

Collective behavior of stock price movements in an emerging market  

NASA Astrophysics Data System (ADS)

To investigate the universality of the structure of interactions in different markets, we analyze the cross-correlation matrix C of stock price fluctuations in the National Stock Exchange (NSE) of India. We find that this emerging market exhibits strong correlations in the movement of stock prices compared to developed markets, such as the New York Stock Exchange (NYSE). This is shown to be due to the dominant influence of a common market mode on the stock prices. By comparison, interactions between related stocks, e.g., those belonging to the same business sector, are much weaker. This lack of distinct sector identity in emerging markets is explicitly shown by reconstructing the network of mutually interacting stocks. Spectral analysis of C for NSE reveals that, the few largest eigenvalues deviate from the bulk of the spectrum predicted by random matrix theory, but they are far fewer in number compared to, e.g., NYSE. We show this to be due to the relative weakness of intrasector interactions between stocks, compared to the market mode, by modeling stock price dynamics with a two-factor model. Our results suggest that the emergence of an internal structure comprising multiple groups of strongly coupled components is a signature of market development.

Pan, Raj Kumar; Sinha, Sitabhra

2007-10-01

248

Collective behavior of stock price movements in an emerging market.  

PubMed

To investigate the universality of the structure of interactions in different markets, we analyze the cross-correlation matrix C of stock price fluctuations in the National Stock Exchange (NSE) of India. We find that this emerging market exhibits strong correlations in the movement of stock prices compared to developed markets, such as the New York Stock Exchange (NYSE). This is shown to be due to the dominant influence of a common market mode on the stock prices. By comparison, interactions between related stocks, e.g., those belonging to the same business sector, are much weaker. This lack of distinct sector identity in emerging markets is explicitly shown by reconstructing the network of mutually interacting stocks. Spectral analysis of C for NSE reveals that, the few largest eigenvalues deviate from the bulk of the spectrum predicted by random matrix theory, but they are far fewer in number compared to, e.g., NYSE. We show this to be due to the relative weakness of intrasector interactions between stocks, compared to the market mode, by modeling stock price dynamics with a two-factor model. Our results suggest that the emergence of an internal structure comprising multiple groups of strongly coupled components is a signature of market development. PMID:17995069

Pan, Raj Kumar; Sinha, Sitabhra

2007-10-25

249

Fractal patterns in Stock Intertrading Times  

NASA Astrophysics Data System (ADS)

We study intertrades times (ITT) of stock trades of a range of companies included in the New York Stock Exchange's Trades and Quotes (TAQ) database. The time between transactions is an indicator of the dynamics of the market, and in the field of econometrics, intertrade durations play a key role in the understanding of the market activity and microstructure. Previous work has mainly focused on the properties of price changes of individual company stocks as well as global financial indices (e.g. SP500, DJ etc.). We hypothesize that there is a relation between the dynamics of price change and the trading activity. To investigate this relation we first study the statistical features of ITT data. The TAQ database covers all transactions on the NSE, AMEX, NASDAQ and the US regional exchanges. We have performed a preliminary analysis of 100 company stocks from a range of industries of the US economy selecting predominantly those companies which have large market capitalisations (MC). We focus on companies with large MC, since the dynamics of the price change and trading activity of stocks of such companies has a considerable impact on the market behaviour.

White, Ainslie; Lee, Youngki; Ivanov, Plamen Ch.

2003-03-01

250

Multidimensional stock network analysis: An Escoufier's RV coefficient approach  

NASA Astrophysics Data System (ADS)

The current practice of stocks network analysis is based on the assumption that the time series of closed stock price could represent the behaviour of the each stock. This assumption leads to consider minimal spanning tree (MST) and sub-dominant ultrametric (SDU) as an indispensible tool to filter the economic information contained in the network. Recently, there is an attempt where researchers represent stock not only as a univariate time series of closed price but as a bivariate time series of closed price and volume. In this case, they developed the so-called multidimensional MST to filter the important economic information. However, in this paper, we show that their approach is only applicable for that bivariate time series only. This leads us to introduce a new methodology to construct MST where each stock is represented by a multivariate time series. An example of Malaysian stock exchange will be presented and discussed to illustrate the advantages of the method.

Lee, Gan Siew; Djauhari, Maman A.

2013-09-01

251

2. General view of stockyards from livestock exchange building showing ...  

Library of Congress Historic Buildings Survey, Historic Engineering Record, Historic Landscapes Survey

2. General view of stockyards from livestock exchange building showing (l-r) Buckingham Road, cattle pens, and Stock yards Autopark. View to northeast. - South Omaha Union Stock Yards, 2900 "O" Plaza, Omaha, Douglas County, NE

252

75 FR 61175 - Polyvinyl Alcohol From Taiwan  

Federal Register 2010, 2011, 2012, 2013

...731-TA-1088 (Final)] Polyvinyl Alcohol From Taiwan AGENCY: United...less-than-fair-value imports from Taiwan of polyvinyl alcohol, provided for in subheading...of Commerce that imports of polyvinyl alcohol from Taiwan are being sold...

2010-10-04

253

76 FR 13660 - Polyvinyl Alcohol From Taiwan  

Federal Register 2010, 2011, 2012, 2013

...731-TA-1088 (Final)] Polyvinyl Alcohol From Taiwan Determination On...reason of imports from Taiwan of polyvinyl alcohol, provided for under subheading...by Commerce that imports of polyvinyl alcohol from Taiwan were being...

2011-03-14

254

Country Marketing Plan for Taiwan, FY 1993.  

National Technical Information Service (NTIS)

The report is a comprehensive marketing plan aimed at firms currently exporting to Taiwan, considering exporting to Taiwan, or considering establishing operations in Taiwan. It analyzes the country's business and economic climate, giving emphasis to marke...

1992-01-01

255

Information flow between composite stock index and individual stocks  

NASA Astrophysics Data System (ADS)

We investigate the strength and the direction of information transfer in the US stock market between the composite stock price index of stock market and prices of individual stocks using the transfer entropy. Through the directionality of the information transfer, we find that individual stocks are influenced by the index of the market.

Kwon, Okyu; Yang, Jae-Suk

2008-05-01

256

Expected stock returns and volatility  

Microsoft Academic Search

This paper examines the relation between stock returns and stock market volatility. We find evidence that the expected market risk premium (the expected return on a stock portfolio minus the Treasury bill yield) is positively related to the predictable volatility of stock returns. There is also evidence that unexpected stock market returns are negatively related to the unexpected change in

Kenneth R. French; G. William Schwert; Robert F. Stambaugh

1987-01-01

257

Temporal Assessment of Growing Stock, Biomass and Carbon Stock of Indian Forests  

Microsoft Academic Search

The dynamics of terrestrial ecosystems depends on interactions between carbon, nutrient and hydrological cycles. Terrestrial\\u000a ecosystems retain carbon in live biomass (aboveground and belowground), decomposing organic matter, and soil. Carbon is exchanged\\u000a naturally between these systems and the atmosphere through photosynthesis, respiration, decomposition, and combustion. Human\\u000a activities change carbon stock in these pools and exchanges between them and the atmosphere

R. K. Manhas; J. D. S. Negi; Rajesh Kumar; P. S. Chauhan

2006-01-01

258

Stocks.com  

NSDL National Science Digital Library

Stocks.com is a large metasite of investment resources from CyberFinancialNet, Inc. The searchable list spans topics of stocks and bonds, online investment services, and international government sites. Services on-site include a company data search engine and investment portfolio (registration required).

259

Modeling stock pinning  

Microsoft Academic Search

This paper investigates the effect of hedging strategies on the so-called pinning effect, i.e. the tendency of stock's prices to close near the strike price of heavily traded options as the expiration date nears. In the paper we extend the analysis of Avellaneda and Lipkin, who propose an explanation of stock pinning in terms of delta hedging strategies for long

Marc Jeannin; Giulia Iori; David Samuel

2008-01-01

260

A Stock Market Project.  

ERIC Educational Resources Information Center

|Offers a field-tested stock market unit designed to develop mathematical skills involving fractions and decimals, basic understanding of the stock market, and hypothesis testing skills in real world situations. Includes tables displaying questions, tally sheets, and instructions, as well as a list of related activities. (MDH)|

Anderson, Christine; Cook, Stan

1990-01-01

261

Onychomycosis in Taiwan.  

PubMed

The pathogens of onychomycosis have implications in choosing therapy. We aimed to survey the pathogens of onychomycosis in Taiwan and further analyse the distribution of pathogens in various conditions. We also compared the distribution of pathogens in Taiwan with those in various countries. This study included 182 cases of onychomycosis who attended our clinic between January and December 2001. Histopathologic examination and fungus culture of the nail specimens were performed to confirm the diagnosis and identify the pathogens. The pathogens were dermatophytes in 101 patients (55.5%), Candida in 66 (36.3%), and non-dermatophyte moulds in 16 (8.2%). Candida was more frequently seen in patients older than 60 years (40.9%), females with fingernail onychomycosis (66.7%) or combined fingernail and toenail onychomycosis (58.3%), and presence of paronychia (57.9%). Dermatophytes are the predominant pathogens in temperate Western countries; meanwhile, Candida and non-dermatophyte moulds are prevailing in Mediterranean and tropical countries including Taiwan. Clinicians should appreciate that the pathogens of onychomycosis may vary in different patient groups and geographical locations, and choose optimal antifungal agents accordingly. PMID:16033611

Wang, S H; Chi, C C

2005-08-01

262

Management and Performance of Taiwan’s Waste Recycling Fund  

Microsoft Academic Search

Taiwan’s resource recycling program was formally established in 1989, starting with the mandatory recycling of polyethylene terephthalate bottles. The number of mandatory regulated materials was extended to 8 categories with 27 items by 2002. Because of false data reporting, financial scandal, lack of transparency of the system, and the demand from parliament, the recycling policy has gradually changed from entirely

Kuo-Shuh Fan; Chun-Hsu Lin; Tien-Chin Chang

2005-01-01

263

Classifying Initial Returns of Electronic Firm_s IPOs Using Entropy Based Rough Sets in Taiwan Trading Systems  

Microsoft Academic Search

This paper deals with forecasting initial returns in initial public offerings (IPOs) market in Taiwan's stock trading systems using rough set theory. It is very important for investors that correctly predict initial returns from trading systems. In this paper, we use a new approach, an entropy-based fuzzy discretization, for enhancing rough set classifier. The enhanced rough set theory involves two

Ching-Hsue Cheng; You-Shyang Chen; Jr-Shian Chen

2007-01-01

264

Heterogeneous information-based artificial stock market  

NASA Astrophysics Data System (ADS)

In this paper, an information-based artificial stock market is considered. The market is populated by heterogeneous agents that are seen as nodes of a sparsely connected graph. Agents trade a risky asset in exchange for cash. Besides the amount of cash and assets owned, each agent is characterized by a sentiment. Moreover, agents share their sentiments by means of interactions that are identified by the graph. Interactions are unidirectional and are supplied with heterogeneous weights. The agent's trading decision is based on sentiment and, consequently, the stock price process depends on the propagation of information among the interacting agents, on budget constraints and on market feedback. A central market maker (clearing house mechanism) determines the price process at the intersection of the demand and supply curves. Both closed- and open-market conditions are considered. The results point out the validity of the proposed model of information exchange among agents and are helpful for understanding the role of information in real markets. Under closed market conditions, the interaction among agents' sentiments yields a price process that reproduces the main stylized facts of real markets, e.g. the fat tails of the returns distributions and the clustering of volatility. Within open-market conditions, i.e. with an external cash inflow that results in asset price inflation, also the unitary root stylized fact is reproduced by the artificial stock market. Finally, the effects of model parameters on the properties of the artificial stock market are also addressed.

Pastore, S.; Ponta, L.; Cincotti, S.

2010-05-01

265

Private Placement Stock Pricing in Chinese Stock Market  

Microsoft Academic Search

We consider the problem of stock pricing in private placement in Chinese stock market. Inherent value and price discount are two critical factors that determine the stock price in private placement. Inherent value of stock is the basis of price and trade restriction result in price discount. This paper develops a pricing model for private placement in China. We introduce

Xu Zhaoyu; An Shi

2009-01-01

266

Stock markets are not what we think they are: the key roles of cross-ownership and corporate treasury stock  

NASA Astrophysics Data System (ADS)

We describe, document and statistically test three mechanisms by which corporations can influence or even control stock prices: (i) Parent and holding companies wield control over other publicly traded companies. (ii) Through clever management of treasury stock based on buyback programs and stock issuance, stock price fluctuations can be amplified or curbed. The shock of September 11, 2001 is used to test this effect. (iii) Finally, historical evidence shows that there is a close interdependence between the level of stock prices on the one hand and merger and acquisition activity on the other hand: on average, a 10% increase in the number of mergers brings about a 3% increase in the overall level of stock prices. If one adds up buybacks, initial public offerings and takeover transactions, all of which depend upon strategic decisions taken by corporate management, they represent on average 7.2% of the trade on the New York Stock Exchange over the period 1987-2003 (as much as 12% in specific years such as 1988). This perspective, in which the Boards of Directors of major companies "shepherd" the market, offers a natural interpretation of the so-called "herd behavior" observed in stock markets. The traditional view holds that, by driving profit expectations, corporations have an indirect role in shaping the market. In this paper, we suggest that over the last decades they became more and more the direct moving force of stock markets.

Roehner, Bertrand M.

2005-03-01

267

Cross-Border Listings and Price Discovery: Evidence from U.S.-Listed Canadian Stocks  

Microsoft Academic Search

We examine the contribution of cross-listings to price discovery for a sample of Canadian stocks listed on both the Toronto Stock Exchange (TSE) and a U.S. exchange. We find that prices on the TSE and U.S. exchange are cointegrated and mutually adjusting. The U.S. share of price discovery ranges from 0.2 percent to 98.2 percent, with an average of 38.1

Cheol S. Eun; Sanjiv Sabherwal

2003-01-01

268

78 FR 41489 - Self-Regulatory Organizations; The NASDAQ Stock Market LLC; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...Self-Regulatory Organizations; The NASDAQ Stock Market LLC; Notice of Filing and Immediate...given that, on June 27, 2013, The NASDAQ Stock Market LLC (``NASDAQ'' or ``Exchange...Securities Products, weight of component stocks of an index or portfolio, averaging...

2013-07-10

269

78 FR 15995 - Self-Regulatory Organizations; the NASDAQ Stock Market LLC; Notice of Filing of Proposed Rule...  

Federal Register 2010, 2011, 2012, 2013

...Self-Regulatory Organizations; the NASDAQ Stock Market LLC; Notice of Filing of Proposed...given that on March 5, 2013, The NASDAQ Stock Market LLC (``NASDAQ'' or ``Exchange...and Straddle State in the Underlying NMS stock: (i)-(ii) No change. (iii)...

2013-03-13

270

78 FR 17251 - Self-Regulatory Organizations; The NASDAQ Stock Market LLC; Notice of Filing of Proposed Rule...  

Federal Register 2010, 2011, 2012, 2013

...Self-Regulatory Organizations; The NASDAQ Stock Market LLC; Notice of Filing of Proposed...that, on March 14, 2013, The NASDAQ Stock Market LLC (``NASDAQ'' or ``Exchange...and Straddle State in the Underlying NMS stock: (i)-(iii) No change. (iv)...

2013-03-20

271

76 FR 59466 - Self-Regulatory Organizations; The NASDAQ Stock Market LLC; Order Disapproving a Proposed Rule...  

Federal Register 2010, 2011, 2012, 2013

...Self-Regulatory Organizations; The NASDAQ Stock Market LLC; Order Disapproving...January 10, 2011, The NASDAQ Stock Market LLC (``NASDAQ...NASDAQ's ``joint products'' theory is fundamentally flawed, and...multiple exchanges that trade NMS stocks, or that utilize market...

2011-09-26

272

76 FR 48186 - Self-Regulatory Organizations; The NASDAQ Stock Market LLC; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...Self-Regulatory Organizations; The NASDAQ Stock Market LLC; Notice of Filing and Immediate...on July 27, 2011, The NASDAQ Stock Market LLC (the ``Exchange'' or...that are active in both the NASDAQ Stock Market and the NASDAQ Options...

2011-08-08

273

76 FR 13982 - Antidumping Duty Order: Polyvinyl Alcohol From Taiwan  

Federal Register 2010, 2011, 2012, 2013

...A-583-841] Antidumping Duty Order: Polyvinyl Alcohol From Taiwan AGENCY: Import...an antidumping duty order on polyvinyl alcohol (PVA) from Taiwan. DATES...investigation of PVA from Taiwan. See Polyvinyl Alcohol From Taiwan: Final...

2011-03-15

274

Taiwan’s 1991 second national assembly election  

Microsoft Academic Search

The author assesses Taiwan’s fifth competitive national election and its first ever nonsupplementary election. The electorate\\u000a picked a “new” National Assembly, absent those elected on the mainland before 1949 or later appointed to fill vacancies. The\\u000a election was a major victory for the ruling Nationalist Party or Kuomintang (KMT) affording it perhaps its first real mandate\\u000a — a product of

John F. Copper

1992-01-01

275

Volatility Spillovers between the US and China Stock Markets: Structural Break Test with Symmetric and Asymmetric GARCH Approaches  

Microsoft Academic Search

The paper examines the short-run spillover effects of daily stock returns and volatilities between the Standard & Poor's (S&P) 500 stock index in the US and the Shanghai Stock Exchange (SSE) index in China. First, we find that a structural break occurred in the SSE stock return mean in December 2005. Second, by analyzing modified general autoregressive conditional heteroscedasticity (GARCH)(1,1)-M

Gyu-Hyen Moon; Wei-Choun Yu

2010-01-01

276

Progress and Prospect of Physics Research and Education in Taiwan  

NASA Astrophysics Data System (ADS)

Started about two decades ago, the global trend of shifting industrial manufacture power from western developed countries toward developing countries in Asia has in turn become the impetus in building up physical science and research in these areas. A very good example is the remarkable progress of physical research and education in Taiwan, in terms of quantity and quality. The continuous elevation of Taiwan's high education into graduate level plus the government's strong commitment to research and development on a level of 2.62 % GDP have led to an impressive physics program with an annual budget ˜32 million USD from National Science Council in supporting 568 PIs. The investigation scope encompasses high energy and astrophysics, nano and condensed matter, and semiconductor, optoelectronic physics, etc. The former is vigorously conducted via international collaborative efforts of LHC, KEK, ALMA, Pan-STARRS, etc. The latter is driven by vital Taiwan high tech industry mostly semiconductor IC and optoelectronics flourished during this period. The early trend of outflows of BS physics majors to western world for advanced studies has reversed dramatically. Nearly 80% of the BS students continue their MS and PhD degrees in Taiwan, attracted by lucrative job markets of high tech industry. In addition, healthy inflow of high-quality science manpower of well trained PhDs and senior scholars returning to homeland has strengthened the competitiveness. Overall, the physics community in Taiwan is thriving. The annual Physical Society meeting is expanding at a rate of 6%, reaching ˜1800 attendants and 1200 papers, and dedicated to promotions of female physicists and students. The publication quantity of Taiwan in top journals of PRs and PRL is ranked among top 20^th for all fields of physics, and ranked the 6^th in APL. Clearly Taiwan has now emerged as a strong power in applied science, not limited by its population size. Concerted efforts on scientific exchanges are being taken to connect to international societies. The bright outlook of physical science and its vital power in Taiwan is anticipated to provide a stimulus to benefit South East Asia, and have far-reaching impacts on China and worldwide.

Raynien Kwo, J.

2010-03-01

277

Industry Sector Analysis, Taiwan: Cosmetics.  

National Technical Information Service (NTIS)

The market survey covers the cosmetics market in Taiwan. The analysis contains statistical and narrative information on projected market demand, end-users; receptivity of Taiwanese consumers to U.S. products; the competitive situation, and market access (...

1993-01-01

278

The Political Environment on Taiwan.  

National Technical Information Service (NTIS)

This paper examines the political framework within which foreign businessmen operate on Taiwan. In brief, the government supervises the economy and the foreign businessman more closely than has been the case in, for example, Singapore and Hong Kong. On th...

M. Pillsbury

1975-01-01

279

Liver Disease Survey on Taiwan.  

National Technical Information Service (NTIS)

The results of a review of liver biopsy tissue from 220 Chinese jaundiced individuals on Taiwan showed that the three most common diseases were viral hepatitis, postnecrotic cirrhosis, and hepatocarcinoma. The results of transaminase tests are given for 4...

S. C. Sun W. C. Cooper R. K. Gershon J. W. Fresh

1965-01-01

280

Taiwan and ROC: A critical analysis of President Chen Shui-bien's construction of Taiwan identity in national speeches  

Microsoft Academic Search

Names used to address Taiwan – such as taiwan and zhonghuamingguo (Republic of China [ROC]) – are symbols defining Taiwan's political realities, each with their own unique historical significance. Since his election in 2000, Taiwan's president Chen Shui-bien has had to alternate between taiwan and ROC to strike a balance among conflicting ideas about Taiwan's national identity. The act is

Hui-Ching Chang; Rich Holt

2009-01-01

281

Complex stock trading network among investors  

NASA Astrophysics Data System (ADS)

We provide an empirical investigation aimed at uncovering the statistical properties of intricate stock trading networks based on the order flow data of a highly liquid stock (Shenzhen Development Bank) listed on Shenzhen Stock Exchange during the whole year of 2003. By reconstructing the limit order book, we can extract detailed information of each executed order for each trading day and demonstrate that the trade size distributions for different trading days exhibit power-law tails and that most of the estimated power-law exponents are well within the Lévy stable regime. Based on the records of order matching among investors, we can construct a stock trading network for each trading day, in which the investors are mapped into nodes and each transaction is translated as a direct edge from the seller to the buyer with the trade size as its weight. We find that all the trading networks comprise a giant component and have power-law degree distributions and disassortative architectures. In particular, the degrees are correlated with order sizes by a power-law function. By regarding the size of executed order as its fitness, the fitness model can reproduce the empirical power-law degree distribution.

Jiang, Zhi-Qiang; Zhou, Wei-Xing

2010-11-01

282

NASDAQ Stock Market  

NSDL National Science Digital Library

The NASDAQ Stock Market is available via the Web. The no-nonsense page offers 15 minute delayed stock quotes and includes options for a full quote: best bid, best asked, today's high, low, last sale, previous days close, net change and share volume. Also available are multi quotes for up to five companies at once, index activity, which lets you choose companies based on subject type, the NASDAQ 100 Index, and a most active list -- dollar volume, share volume, 10 most advanced and declined. You can look up companies by name or symbol and company stock information is accompanied by a hypertext connection to that company's page, as well as a connection to the SEC EDGAR database. http://www.nasdaq.com/ Less graphical: http://www.nasdaq.com/dyn/html2/IndexPrompt.stm

283

An Empirical Study of Volatility Predictions: Stock Market Analysis Using Neural Networks  

Microsoft Academic Search

\\u000a Volatility is one of the major factor that causes uncertainty in short term stock market movement. Empirical studies based\\u000a on stock market data analysis were conducted to forecast the volatility for the implementation and evaluation of statistical\\u000a models with neural network analysis. The model for prediction of Stock Exchange short term analysis uses neural networks for\\u000a digital signal processing of

Bernard Fong; Alvis Cheuk M. Fong; G. Y. Hong; Louisa Wong

2005-01-01

284

Why Do Markets Move Together? An Investigation of U.S.Japan Stock Return Comovements  

Microsoft Academic Search

This article explores the fundamental factors that affect cross-country stock return correlations. Using transactions data from 1988 to 1992, the authors construct overnight and intraday returns for a portfolio of Japanese stocks using their NYSE-traded American depository receipts and a matched-sample portfolio of U.S. stocks. They find that U.S. macroeconomic announcements, shocks to the yen\\/dollar foreign exchange rate and Treasury

G. Andrew Karolyi; Rene M. Stulz

1996-01-01

285

Process for stabilizing lube base stocks derived from bright stock  

Microsoft Academic Search

An improved process is described for stabilizing a nitro-aromatic-containing lubricating oil base stock derived from a hydrocracked bright stock, comprising: (a) contacting the hydrocracked bright stock with hydrogen in the presence of a catalyst having hydrodenitrification activity under conditions effective to reduce the nitrogen content of the stock and to minimize cracking to produce a substantially nitrogen-free product; and (b)

1986-01-01

286

12 CFR 950.11 - Capital stock requirements; unilateral redemption of excess stock.  

Code of Federal Regulations, 2010 CFR

...false Capital stock requirements; unilateral redemption of excess stock. 950...11 Capital stock requirements; unilateral redemption of excess stock. (a...capital stock in the Bank. (b) Unilateral redemption of excess capital...

2010-01-01

287

12 CFR 950.11 - Capital stock requirements; unilateral redemption of excess stock.  

Code of Federal Regulations, 2010 CFR

...false Capital stock requirements; unilateral redemption of excess stock. 950...11 Capital stock requirements; unilateral redemption of excess stock. (a...capital stock in the Bank. (b) Unilateral redemption of excess capital...

2009-01-01

288

The regulation of new media in Taiwan  

Microsoft Academic Search

This paper discusses the development of the new media in Taiwan, and the related regulatory issues debated by government officials, academicians, and the telecommunications industry. The cable laws, satellite policy, and telecommunications law emerging in Taiwan are looked at.

Bonnie Peng

1994-01-01

289

Stock Issues in Aristotle's Rhetoric  

ERIC Educational Resources Information Center

|Defines "stock issue" by the manner in which they function in Aristotle's theory, reviews examples of modern theories of stock issues, examines previous investigations of the "Rhetoric," and analyzes Aristotle's approach to this aspect of argumentation. (MH)|

Harpine, Bill

1977-01-01

290

A stock market theory of culture: a view from the Latin American neoliberal transition  

Microsoft Academic Search

Comparatively focusing on the cultural representations of two historic stock market crashes (fin de siècle Argentina and Chile in the early 1980s), this article explores the stock market theory of value that emerges out of a reactionary nineteenth century critique of exchange value and the so-called new economic paradigm based on information technology.

Alessandro Fornazzari

2009-01-01

291

The role of trades in price convergence: A study of dual-listed Canadian stocks  

Microsoft Academic Search

We examine the role of trades in restoring price parity for equities trading in multiple markets. Using a sample of stocks trading on the Toronto Stock Exchange and on the NYSE, AMEX or NASDAQ, we contrast price convergence when market makers (a) observe only lagged quotes from both markets and (b) also observe local order flow. Traditional error correction model

Aditya Kaul; Vikas Mehrotra

2007-01-01

292

Political news and stock prices: The case of Saddam Hussein contracts  

Microsoft Academic Search

This paper studies the association between the market's expectations of Saddam Hussein's fall from power, as reflected in “Saddam contract” prices, and stock prices, oil prices and exchange rates. During the war, a rise in the probability of Saddam's fall, which also indicated a speedy end to the war, was positively and significantly associated with stock prices, strengthened the dollar

Yakov Amihud; Avi Wohl

2004-01-01

293

An investigation of the unconditional distribution of South African stock index returns  

Microsoft Academic Search

This article investigates the distribution of four broad stock indexes and four futures indexes on the Johannesburg Stock Exchange (JSE). It finds that the broad indexes are skewed and highly leptokurtic. Whereas the All Share, Industrial and Financial Indexes are negatively skewed, the Gold Index is positively skewed. In addition, the skewness is not only present in the tails, but

O. Beelders

2003-01-01

294

Risk factors in stock returns of Canadian oil and gas companies  

Microsoft Academic Search

This paper uses a multifactor market model to estimate the expected returns to Canadian oil and gas industry stock prices. Results are presented to show that exchange rates, crude oil prices and interest rates each have large and significant impacts on stock price returns in the Canadian oil and gas industry. In particular, an increase in the market or oil

Perry Sadorsky

2001-01-01

295

Stockings for the Artists  

ERIC Educational Resources Information Center

|During each of the holiday seasons, the author tries to come up with a lesson that will incorporate art history and have a holiday theme. One recent winter-holiday season, the author was thumbing through a catalog and saw a picture of note cards that had famous artists' stockings hanging on a mantel. This triggered an idea for the author's…

Goebel, Kim

2009-01-01

296

Stock Market Savvy.  

ERIC Educational Resources Information Center

|This issue of Keying In, the newsletter of the National Business Education Association, focuses upon teaching young adults how to develop both investment strategies and an understanding of the stock market. The first article, "Sound Investing Know-How: A Must for Today's Young Adults," describes how young adults can plan for their own financial…

Okula, Susan

2003-01-01

297

Medicago truncatula Stock Center  

Technology Transfer Automated Retrieval System (TEKTRAN)

As outlined in this chapter a number of genetic stock collections carry out activities that curate and supply a subset of the genetic and genomic resources in M. truncatula. While the activities of these centres are invaluable, they are not integrated and do not provide the full extent of resources ...

298

Internet Stock Options  

NSDL National Science Digital Library

Recently, in Red Herring, Charles Conn, CEO of Ticketmaster Online-City-Search explained the difficulties of hiring people in San Francisco: "Everyone seems to know someone whose company just got bought for millions of dollars," and according to Conn, job seekers in the Internet industry put stock options high on their list of benefits and incentives. This week's In The News examines stock options as they affect high-tech companies and their employees. On July 1, 1999, The San Francisco Chronicle reported that 42 local companies, mainly Internet start-ups, had gone public in the preceding six months with the astounding gain of 138 percent. Throughout the Silicon Valley, employees of computer companies are hedging their bets, hoping that the companies they work for will be the next eBay or Amazon. However, the chances of striking it rich through Internet stock options are slim. High-tech employees move from company to company looking for better options at promising start-ups, while computer companies improve their option packages in order to entice their workers to stay. The seven resources discussed provide news, articles, and background information on the lures and pitfalls of Internet stock options.

Missner, Emily D.

299

Investigation of Flood Inundation Probability in Taiwan  

Microsoft Academic Search

Taiwan is located at a special point, which is in the path of typhoons from northeast Pacific Ocean. Taiwan is also situated in a tropical-subtropical transition zone. As a result, rainfall is abundant all the year round, especially in summer and autumn. For flood inundation analysis in Taiwan, there exist a lot of uncertainties in hydrological, hydraulic and land-surface topography

Chia-Ho Wang; Yen-Wei Lai; Tsang-Jung Chang

2010-01-01

300

Evaluating a stock-for-debt swap: the proper framework  

SciTech Connect

The most-appropriate technique for analyzing stock-for-debt exchanges (on the value of which there has been considerable recent controversy) depends on the objectives of the company considering such an exchange. This article clarifies the possible purposes to be served by the transaction and a method for determining how well a given purpose will be served. Secondarily, it explains what rate of return is required on the gain from the transaction to avoid shareholder penalization. 2 tables.

Finnerty, J.D.

1982-08-05

301

Evaluating a stock-for-debt swap: the proper framework  

Microsoft Academic Search

The most-appropriate technique for analyzing stock-for-debt exchanges (on the value of which there has been considerable recent controversy) depends on the objectives of the company considering such an exchange. This article clarifies the possible purposes to be served by the transaction and a method for determining how well a given purpose will be served. Secondarily, it explains what rate of

1982-01-01

302

Amplified imitation in percolation model of stock market  

NASA Astrophysics Data System (ADS)

The herd behavior of the Cont-Bouchaud model is amplified by allowing clusters to copy decisions of some other cluster in the next time step. The results of the model are compared to data from the Warsaw Stock Exchange. It follows that the mechanism of the amplified imitation could be responsible for the sell decision on a poorly developed, emergent market.

Makowiec, D.; Gnaci?ski, P.; Miklaszewski, W.

2004-01-01

303

Largest Taiwan SPM terminal installed  

SciTech Connect

This paper reports on the largest Taiwan single-point mooring (SPM) terminal. Chinese Petroleum Corp. (CPC) last year installed and commissioned Taiwan's SPM terminal. This, the third of four planned SPM terminals, is unloading 100,000-300,000 dwt crude-oil tankers 5 miles offshore Kaohsiung, Taiwan, on the southwest coast of the Republic of China. Construction on the fourth SPM terminal, for unloading naphtha and diesel gas oil from 20,000 -100,000 dwt tankers, began late last year. The third terminal consists of a catenary anchor leg mooring (CALM) system, a 56-in, (1,422 mm) OD crude-oil pipeline and a 16-in. (406 mm) OD fuel-oil pipeline. The subsea pipelines extend from the CALM installed in a water depth of 118 ft to an existing shore tank farm tie-in valve station.

Schultz, A.R. (Intec Engineering Inc., Houston, TX (US))

1992-02-17

304

Association Between Stock Market Liquidity and Some Selected on Indian Stock Market Macroeconomic Variables : A Case Study  

Microsoft Academic Search

This paper attempts to empirically study the relationship between Index of Industrial Production, Consumer Price Index, Exchange Rate of Indian Rupee against the US Dollar, Gold price and Money Supply with the Stock Market Liquidity. Using two widely used proxies to liquidity that is Turnover Ratio and Amivest Liquidity Ratio and applying long-run static model and Error Correction Model, the

Som Sankar Sen; Santanu Kumar Ghosh

2008-01-01

305

Dominating Clasp of the Financial Sector Revealed by Partial Correlation Analysis of the Stock Market  

PubMed Central

What are the dominant stocks which drive the correlations present among stocks traded in a stock market? Can a correlation analysis provide an answer to this question? In the past, correlation based networks have been proposed as a tool to uncover the underlying backbone of the market. Correlation based networks represent the stocks and their relationships, which are then investigated using different network theory methodologies. Here we introduce a new concept to tackle the above question—the partial correlation network. Partial correlation is a measure of how the correlation between two variables, e.g., stock returns, is affected by a third variable. By using it we define a proxy of stock influence, which is then used to construct partial correlation networks. The empirical part of this study is performed on a specific financial system, namely the set of 300 highly capitalized stocks traded at the New York Stock Exchange, in the time period 2001–2003. By constructing the partial correlation network, unlike the case of standard correlation based networks, we find that stocks belonging to the financial sector and, in particular, to the investment services sub-sector, are the most influential stocks affecting the correlation profile of the system. Using a moving window analysis, we find that the strong influence of the financial stocks is conserved across time for the investigated trading period. Our findings shed a new light on the underlying mechanisms and driving forces controlling the correlation profile observed in a financial market.

Kenett, Dror Y.; Tumminello, Michele; Madi, Asaf; Gur-Gershgoren, Gitit; Mantegna, Rosario N.; Ben-Jacob, Eshel

2010-01-01

306

Dominating clasp of the financial sector revealed by partial correlation analysis of the stock market.  

PubMed

What are the dominant stocks which drive the correlations present among stocks traded in a stock market? Can a correlation analysis provide an answer to this question? In the past, correlation based networks have been proposed as a tool to uncover the underlying backbone of the market. Correlation based networks represent the stocks and their relationships, which are then investigated using different network theory methodologies. Here we introduce a new concept to tackle the above question--the partial correlation network. Partial correlation is a measure of how the correlation between two variables, e.g., stock returns, is affected by a third variable. By using it we define a proxy of stock influence, which is then used to construct partial correlation networks. The empirical part of this study is performed on a specific financial system, namely the set of 300 highly capitalized stocks traded at the New York Stock Exchange, in the time period 2001-2003. By constructing the partial correlation network, unlike the case of standard correlation based networks, we find that stocks belonging to the financial sector and, in particular, to the investment services sub-sector, are the most influential stocks affecting the correlation profile of the system. Using a moving window analysis, we find that the strong influence of the financial stocks is conserved across time for the investigated trading period. Our findings shed a new light on the underlying mechanisms and driving forces controlling the correlation profile observed in a financial market. PMID:21188140

Kenett, Dror Y; Tumminello, Michele; Madi, Asaf; Gur-Gershgoren, Gitit; Mantegna, Rosario N; Ben-Jacob, Eshel

2010-12-20

307

The Stock of Whales  

Microsoft Academic Search

IN an article on the ``Effect of Present-day Whaling on the Stock of Whales''1, Dr. Hamilton points out that in spite of a `rest' during the War, the Antarctic catch of blue whales in 1945-46 showed a scarcity of the largest animals, a reduced proportion of this species (30.7 per cent) in the total catch, and a reduced percentage of

N. A. Mackintosh

1948-01-01

308

Predicting the Stock Market  

Microsoft Academic Search

This paper presents a tuturial introduction to predictions of stock time series. Thevarious approaches of technical and fundamental analysis is presented and the predictionproblem is formulated as a special case of inductive learning. The problems withperformance evaluation of near-random-walk processes are illustrated with examplestogether with guidelines for avoiding the risk of data-snooping. The connections toconcepts like "the bias\\/variance dilemma", overtraining

Thomas Hellstrom; Kenneth Holmstrom

1998-01-01

309

Shear wave anisotropy beneath the Taiwan orogen  

NASA Astrophysics Data System (ADS)

Shear wave splitting in regional and teleseismic shear waves (ScS and S) has been analyzed for fast polarization directions and delay times at 33 short-period and 17 broad-band permanent and temporary seismic stations in the Taiwan region. The orientations of anisotropy for the Taiwan stations are generally parallel to the strike of the mountain belt, with a clockwise rotation following the trend of regional geologic fabric in north Taiwan. The delay times, on the other hand, vary greatly from 0.5 to 2.1 s; the largest values are from the southwestern Taiwan foothills, and an abrupt change in delay times is found in south Taiwan. The main source of shear wave splitting in Taiwan is compatible with an anisotropic region between 25 and 230 km depths. The observed splitting parameters are consistent with upper mantle anisotropy resulting from the collisional tectonics that built the Taiwan orogen.

Rau, R.-J.; Liang, W.-T.; Kao, H.; Huang, B.-S.

2000-04-01

310

Empirical behavior of a world stock index from intra-day to monthly time scales  

Microsoft Academic Search

Most of the papers that study the distributional and\\u000a fractal properties of financial instruments focus on stock prices or\\u000a foreign exchange rates. This typically leads to mixed results\\u000a concerning the distributions of log-returns and some multi-fractal\\u000a properties of exchange rates, stock prices, and regional\\u000a indices. This paper uses a well diversified world stock index as the\\u000a central object of analysis.

Wolfgang Breymann; D. R. Lüthi; Eckhard Platen

2009-01-01

311

26 CFR 1.1239-1 - Gain from sale or exchange of depreciable property between certain related taxpayers after...  

Code of Federal Regulations, 2010 CFR

...immediately before or immediately after the sale or exchange of depreciable property...to such transferor immediately after the sale or exchange of depreciable property...stock of the transferee immediately after the sale or exchange of depreciable...

2010-04-01

312

26 CFR 1.1239-1 - Gain from sale or exchange of depreciable property between certain related taxpayers after...  

Code of Federal Regulations, 2010 CFR

...immediately before or immediately after the sale or exchange of depreciable property...to such transferor immediately after the sale or exchange of depreciable property...stock of the transferee immediately after the sale or exchange of depreciable...

2009-04-01

313

The Exchange-Rate Risk Exposure of Asset Returns  

Microsoft Academic Search

Real exchange-rate changes affect bonds differently from stocks. Bonds, having relatively fixed income streams, reflect only an interest-rate effect; stocks reflect a conjunction of interest-rate and cash-flow effects. If exchange rate changes contain information about future interest rates and cash flows over more than one period, then using short horizons may not fully capture exchange exposure, which may explain why

Edward H. Chow; Wayne Y. Lee; Michael E. Solt

1997-01-01

314

Herbal Medicine Research in Taiwan*  

PubMed Central

Of all the countries in the world, why did you choose Taiwan to pursue your study? It is a question that I (comments of the first author) have answered a thousand times. My first visit to a laboratory at National Taiwan University opened my eyes to the possibilities of herbal medicine research, especially in the area of veterinary medicine. It became my ambition to link the knowledge of Traditional Chinese Medicine (TCM) and Ayurveda from the Indian subcontinent and their integration with other systems of medicine, including Western medicine (WM), to achieve the concept of Sustainable Medicine, firstly for animals and then for humans. The Ministry of Economic Affairs (MOEA) has implemented a technology development program to quickly establish the key technologies, and this is a moment of opportunity for Taiwan's traditional herbal medicine industry to upgrade and transform itself. This paper, initially intended to be a student's narration, has evolved into a multi-author treatise on the present state and likely future scenario of herbal medicine research in Taiwan.

Kaphle, Krishna; Wu, Leang-Shin; Yang, Nai-Yen Jack; Lin, Jen-Hsou

2006-01-01

315

Orientation and Mobility in Taiwan.  

ERIC Educational Resources Information Center

|This article describes a three-month orientation and mobility (O&M) program conducted for four potential teachers of individuals with blindness in Taipei (Taiwan). Challenges in residential areas, business areas, buildings, and use of mass transit are illustrated. Although the travel environments were more complex than those in the United States,…

Leja, James A.

1993-01-01

316

Kindergartener's Technology Education in Taiwan.  

ERIC Educational Resources Information Center

|According to the American Association for Advancement of Sciences, the National Academy of Engineering, and the International Technology Education Association (ITEA) and its Technology for All Americans Project (TfAAP), technology education should begin in kindergarten. Educators in Taiwan have also advocated beginning technology education in…

Lai, Chun-Chin

317

Sinonasal Metastatic Tumors in Taiwan  

Microsoft Academic Search

Background: To analyze the incidence of the metastatic tumors within sinonasal tract in Taiwan and review the data in the English literature. Methods: Retrospective reviewed of patients from 1990 to 2005 with a histologically proven diagnosis of metastatic malignancies in the sinonasal tract. Results: Among seventeen enrolled patients, 9 were men and 8 were women, with ages ranging from 24

Hsueh-Hsin Huang; Tuan-Jen Fang; Po-Hung Chang; Ta-Jen Lee

318

Convergence of fundamentalists and chartists’ expectations: An alarm for stock market crash  

NASA Astrophysics Data System (ADS)

We construct a network of the Tehran stock market based on the cross-correlation of trading volume of stocks both for fundamentalists and chartists. In order to investigate the dynamics of expectations of fundamentalists and chartists over time we introduced a homogeneity coefficient. Our results show that in the Tehran Stock Exchange (TSE) which is an emerging market, chartists in comparison with fundamentalists more strongly believe the stocks’ co-movements. We also found that in a bull market (booming period), the optimism of fundamentalists and chartists about the similarity of stocks’ performance diverge from each other while in a bear market (recession period) both groups of traders have approximately same level of pessimism about the simultaneous collapse of stock prices.

Bolgorian, Meysam; Raei, Reza

2010-09-01

319

[Expertise level of occupational health physician, implementation of occupational safety and health management system (OSHMS) and occupational safety and health activity level in Japan in the companies listed on Tokyo Stock Exchange first section].  

PubMed

By enforcement of the revised Japanese Industrial Safety and Health Law on April, 2006, the implementation of OSHMS seems to be expanding and encouraged. In OSHMS of Japan, however, the occupational health aspects have not been put into operated, while only occupational safety aspects have been prioritized. To clarify the issues to deploy OSHMS with occupational health aspects, we conducted a mail survey of 1,581 companies listed on the Tokyo Stock Market First Section in December, 2004. The effective responses were 267 (16.9%). The number of companies which had installed OSHMS, those that planned to install OSHMS and those had no plan for OSHMS were 62 (23.2%), 82 (30.7%) and 123 (46.1%), respectively. Only 12 companies include the complete OH activities in the installed OSHMS. A significant relationship was observed among expertise of OH physicians, actual role and responsibility of OH physicians, installation of OSHMS and OH services quality level. To deploy OSHMS well-balanced for health and safety aspects in present Japan, it was suggested that the education regarding OH operation in OSHMS was necessary to the person in charge of OSHMS in each company, and the participation by OH physicians to operate OSHMS, especially OH physicians with expertise, was essential. PMID:18170967

Ikeda, Yukiko; Kameda, Takashi; Shirakawa, Chie; Nagata, Tomohisa; Zama, Satoko; Kayashima, Koutarou; Kobayashi, Yuuichi; Mori, Koji

2007-12-01

320

Greed, fear and stock market dynamics  

NASA Astrophysics Data System (ADS)

We present a behavioral stock market model in which traders are driven by greed and fear. In general, the agents optimistically believe in rising markets and thus buy stocks. But if stock prices change too abruptly, they panic and sell stocks. Our model mimics some stylized facts of stock market dynamics: (1) stock prices increase over time, (2) stock markets sometimes crash, (3) stock prices show little pair correlation between successive daily changes, and (4) periods of low volatility alternate with periods of high volatility. A strong feature of the model is that stock prices completely evolve according to a deterministic low-dimensional nonlinear law of motion.

Westerhoff, Frank H.

2004-11-01

321

The network structure of big business in Taiwan  

Microsoft Academic Search

This paper takes a network approach to understanding ownership patterns and director interlocks in Taiwan. In particular,\\u000a this paper analyzes ties among Taiwan’s top 200 publicly listed companies in 1990 and 2000. The speed of change in Taiwan’s\\u000a economic organization during the period has been striking. Not only have the identities of many of Taiwan’s largest firms\\u000a changed, there seems

Jonathan Brookfield

2010-01-01

322

Short-sale constraints and stock returns  

Microsoft Academic Search

Stocks can be overpriced when short-sale constraints bind. We study the costs of short-selling equities from 1926 to 1933, using the publicly observable market for borrowing stock. Some stocks are sometimes expensive to short, and it appears that stocks enter the borrowing market when shorting demand is high. We find that stocks that are expensive to short or which enter

Charles M. Jones; Owen A. Lamont

2002-01-01

323

Queering Taiwan: in search of nationalism's other.  

PubMed

This article deals with the formation of Taiwan’s homosexual cultural politics in the 1990s, the impact and implications of which are yet to be examined within the larger context of Taiwan’s cultural and political development and ethnic relationships. It is argued that the rise of this cultural politics is both a reflection and a source of a growing sense of identity crisis on the island. By examining the configurations of “queer” in various discursive domains, this interdisciplinary study seeks to delineate the cross-referencing ideological network of this cultural movement and its entanglement with the complexity of Taiwan’s nationalism. At the same time, to the extent that this movement tends to present itself as a radical politics from a privileged epistemological and cultural standpoint, this claimed radicalism is also scrutinized for its problematics and ironies. PMID:21966703

Chen, Li-fen

2011-01-01

324

Current situation and industrialization of Taiwan nanotechnology  

Microsoft Academic Search

Nanotechnology is projected to be a very promising field, and the impact of nanotechnology on society is increasingly significant\\u000a as the research funding and manufactured goods increase exponentially. A clearer picture of Taiwan’s current and future nanotechnology\\u000a industry is an essential component for future planning. Therefore, this investigation studies the progress of industrializing\\u000a nanotechnology in Taiwan by surveying 150 companies.

Hsin-Ning Su; Pei-Chun Lee; Min-Hua Tsai; Kuo-Ming Chien

2007-01-01

325

75 FR 39067 - Self-Regulatory Organizations; Notice of Filing of Proposed Rule Change by New York Stock...  

Federal Register 2010, 2011, 2012, 2013

...Stock Exchange LLC Amending Rule 80C To Add Additional Securities to the Pilot Rule...The Exchange proposes to amend Rule 80C to add additional securities to the pilot rule...The Exchange proposes to amend Rule 80C to add securities included in the Russell...

2010-07-07

326

Margin exceedences for European stock index futures using extreme value theory  

Microsoft Academic Search

Futures exchanges require a margin requirement that ensures their competitiveness and protects against default risk. This paper applies extreme value theory in computing unconditional optimal margin levels for a selection of stock index futures traded on European exchanges. The theoretical framework focuses explicitly on tail returns, thereby properly accounting for large levels of risk in measuring prudent margin levels. The

John Cotter

2001-01-01

327

Margin Exceedences for European Stock Index Futures using Extreme Value Theory  

Microsoft Academic Search

Futures exchanges require a margin requirement that ensures their competitiveness and protects against default risk. This paper applies extreme value theory in computing unconditional optimal margin levels for a selection of stock index futures traded on European exchanges. The theoretical framework focuses explicitly on tail returns, thereby properly accounting for large levels of risk in measuring prudent margin levels. The

John Cotter

2000-01-01

328

Experimental Stocking of Striped Bass.  

National Technical Information Service (NTIS)

A portable field hatchery was assembled and operated in the Chesapeake Bay area. As a result of that hatchery a total of 7978 striped bass were stocked into Mississippi coastal streams. A total of 12,736 South Carolina striped bass were stocked into the c...

T. D. McIlwain

1974-01-01

329

Oil and the Stock Markets  

Microsoft Academic Search

The authors test whether the reaction of international stock markets to oil shocks can be justified by current and future changes in real cash flows and\\/or changes in expected returns. They find that, in the postwar period, the reaction of U.S. and Canadian stock prices to oil shocks can be completely accounted for by the impact of these shocks on

Charles M Jones; Gautam Kaul

1996-01-01

330

Stock risk mining by news  

Microsoft Academic Search

Due to the fast delivery of news articles by news providers on the Internet and\\/or via news datafeeds, it becomes an important research issue of predicting the risk of stocks by utilizing such textual information available in addition to the time series information. In the literature, the issue of predicting stock price up\\/down trend based on news articles has been

Qi Pan; Hong Cheng; Di Wu; Jeffrey Xu Yu; Yu Yiping Ke

2010-01-01

331

"Stocking Up" on Mathematics Skills.  

ERIC Educational Resources Information Center

|Described is a "stock market" game in which students can strengthen many mathematical concepts and skills while learning more about economics and world events. Background information on the stock market, directions for playing the game, a worksheet, and ways to integrate other curriculum areas are included. (KR)|

Bitner, Joe; Partridge, M. Elizabeth

1991-01-01

332

A test of the news model of stock price determination in an emerging market: the case of Kuwait  

Microsoft Academic Search

A news model of stock price determination is specified and estimated using the Kuwait Stock Exchange (KSE) index as the price variable over the period January 1996 to December 2004. Of the five explanatory news variables, only the news terms of the money supply and government revenue turned out to be significant and correctly signed. Some weaker evidence is found

Imad Moosa; Sulaiman Al-Abduljader

2010-01-01

333

Spin-offs to stock markets as a complementary form of entrepreneurship: Contrasting US, UK and Japanese experiences  

Microsoft Academic Search

This study explores the impact of the national institutional environment on the listing of firms on stock exchanges in Japan, the US, and the UK. In particular, the study compares the incidence of: (1) independent firm initial public offerings (IPOs); and (2) the subsidiaries of established corporations being spun-off to stock markets. An empirical analysis is conducted on a sample

Annaleena Parhankangas; Åsa Lindholm-Dahlstrand

2012-01-01

334

Spin-offs to stock markets as a complementary form of entrepreneurship: Contrasting US, UK and Japanese experiences  

Microsoft Academic Search

This study explores the impact of the national institutional environment on the listing of firms on stock exchanges in Japan, the US, and the UK. In particular, the study compares the incidence of: (1) independent firm initial public offerings (IPOs); and (2) the subsidiaries of established corporations being spun-off to stock markets. An empirical analysis is conducted on a sample

Annaleena Parhankangas; Åsa Lindholm-Dahlstrand

2011-01-01

335

MainXchange in the Classroom: The New Internet Stock Market Game. Teacher's Guide and Student Activities.  

ERIC Educational Resources Information Center

This teaching guide/student activities booklet, for grades 6-9 and 7-11, outlines an Internet-based stock exchange simulation that allows students to learn about the stock market in a fun format. The simulation (the "MainXchange") described in the booklet offers students the opportunity to engage in "real-life" investing, while exploring and…

1998

336

78 FR 35083 - Self-Regulatory Organizations; The NASDAQ Stock Market LLC; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...SR-NASDAQ-2013-080] Self-Regulatory Organizations; The NASDAQ Stock Market LLC; Notice of Filing and Immediate Effectiveness of...notice is hereby given that on May 24, 2013 The NASDAQ Stock Market LLC (``NASDAQ'' or the ``Exchange'')...

2013-06-11

337

The development of the Paris Bourse in the interwar period. What old and new stock indices tell us  

Microsoft Academic Search

We present new indices of the Paris stock exchange during the interwar period. We first discuss the conditions for stock market indices to be useful instruments both of long term capital productivity measure and of portfolio performance, especially for international comparisons. We show that previous indices were built in order to assess early business cycles theories and are not fitted

Pierre-Cyrille Hautcoeur; Muriel Petit-Konczyk

2004-01-01

338

The Taiwan Telemetered Seismographic Network  

Microsoft Academic Search

In 1972, the Taiwan Telemetered Seismographic Network (TTSN) was installed to monitor earthquakes occurring in an area from 21 to 26°N latitude and from 119 to 123°E longitude. The number of stations increased from six in 1972 to 24 in 1987. The stations are equipped with velocity-type seismometers with a natural frequency of 1 Hz. Since 1983, horizontal-component sensors have

Jeen Hwa Wang

1989-01-01

339

Distribution characteristics of stock market liquidity  

NASA Astrophysics Data System (ADS)

We examine the distribution characteristics of stock market liquidity by employing the generalized additive models for location, scale and shape (GAMLSS) model and three-minute frequency data from Chinese stock markets. We find that the BCPE distribution within the GAMLSS framework fits the distributions of stock market liquidity well with the diagnosis test. We also find that the stock market index exhibits a significant impact on the distributions of stock market liquidity. The stock market liquidity usually exhibits a positive skewness, but a normal distribution at a low level of stock market index and a high-peak and fat-tail shape at a high level of stock market index.

Luo, Jiawen; Chen, Langnan; Liu, Hao

2013-12-01

340

77 FR 33261 - Self-Regulatory Organizations; The NASDAQ Stock Market LLC; Notice of Filing of Proposed Rule...  

Federal Register 2010, 2011, 2012, 2013

...Self-Regulatory Organizations; The NASDAQ Stock Market LLC; Notice of Filing of Proposed Rule Change To Modify Its Corporate Governance Rules May 30, 2012. Pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 (``Act''),\\1\\...

2012-06-05

341

Democratic Reforms in Taiwan: Issues for Congress.  

National Technical Information Service (NTIS)

Taiwan, which its government formally calls the Republic of China (ROC), is a success story for U.S. interests in the promotion of universal freedoms and democracy. Taiwan's people and their leaders transformed politics from rule imposed from the outside ...

S. A. Kan

2010-01-01

342

Management of scrap computer recycling in Taiwan  

Microsoft Academic Search

It is estimated that approximately 300,000 scrap personal computers are generated each year in Taiwan [S.-L. Chang, A Study on the Scrap Computer Treatment Cost, Environment Protection Administration of Taiwan, December 1998 (in Chinese)]. The disposal of such a huge number of scrap computers presents a difficult task for the island due to the scarcity of landfills and incineration facilities

Ching-Hwa Lee; Ssu-Li Chang; King-Min Wang; Lih-Chyi Wen

2000-01-01

343

Energy conservation of buildings in Taiwan  

Microsoft Academic Search

This paper highlights the research projects on building energy conservation studies conducted by the authors recently. These projects were all sponsored by the Energy Commission of Taiwan in an effort to promote research activities on building energy conservation and to obtain database specifically for the Taiwan area, so that appropriate energy-related policies can be made on a sound basis. The

Kuan-hsiung Yang; R. L. Hwang

1995-01-01

344

Foreign factors in Taiwan's economic transformation  

Microsoft Academic Search

This paper aims to explore the foreign influences on Taiwan's economic transformation over the past 40 years. While exports have always been important in sustaining Taiwan's economic growth, the driving force behind exports has changed from inward investment to outward investment. The analysis carried out is from an international political economy perspective and takes a historical overview. It argues that

Min-Hua Chiang; Bernard Gerbier

2010-01-01

345

ED overcrowding in Taiwan: Facts and strategies  

Microsoft Academic Search

The objective of this study was to quantity the extent of emergency department (ED) overcrowding in Taiwan and to identify possible solutions. The ED log was reviewed for all patients who presented to the National Taiwan University Hospital's ED from January 16, 1996 through February 15, 1996. Charts from patients held longer than 72 hours were reviewed. Among 5,810 patients,

Fuh-Yuan Shih; Matthew Huel-Ming; Shyr-Chyr Chen; Hsio-Po Wang; Cheng-Chung Fang; Ren-Shi Shyu; Guan-Tarn Huang; Shih-Ming Wang

1999-01-01

346

3. General view of stockyards from livestock exchange building showing ...  

Library of Congress Historic Buildings Survey, Historic Engineering Record, Historic Landscapes Survey

3. General view of stockyards from livestock exchange building showing (l-r) Stock yards Autopark, motor truck cattle division, "O" Street viaduct, hog sheds, and motor truck #3. View to southeast. - South Omaha Union Stock Yards, 2900 "O" Plaza, Omaha, Douglas County, NE

347

A Neural Networks filtering mechanism for foreign exchange trading signals  

Microsoft Academic Search

Neural Networks have been successfully used in several financial applications. In the stock market and foreign exchange domains, Neural Networks have been used with considerable success to predict the future prices of stocks and currency pairs, their rate of return, risk analysis, and several other features that might be of benefit. In this paper, we present a methodology to filter

Abdulah Kayal

2010-01-01

348

Professional knowledge creation in the hospital sector: a qualitative study in Taiwan.  

PubMed

This paper aims to develop a professional knowledge creation model for the hospital sector. For this purpose, we qualitatively explore the determinants and process of knowledge creation in the hospital sector. Drawing from organization theory, we develop a hospital's professional knowledge creation model and develop three propositions first. We further explore the theoretical model at organization level by case study in Taiwan. The findings suggest that the hospital's professional knowledge creation is influenced by knowledge stock, social ties and isomorphic pressures as propositions argued. However, hospitals' attempts to keep aligned with their highly institutionalized environments may pay more attention to both existing knowledge stock and the process of professional knowledge creation for their survival. Finally, it is hoped that the significances of this study will contribute to the development of hypotheses in the future quantitative study for building a generalized knowledge creation model for the hospital organization. PMID:20540081

Yang, Chen-Wei; Fang, Shih-Chieh; Lin, Julia L

349

Hoover's StockScreener  

NSDL National Science Digital Library

Hoover's, a company information publisher, provides this no nonsense site that allows users to enter ranges for any of twenty variables in the areas of ratios, company size, margins, growth rates, rates of return, and volatility. Any of four US national exchanges and over fifty product categories can be selected. Retrieval can be sorted by variable, and there are connections to selected company information, including URLs when available. Over 7,500 companies are in the database.

1997-01-01

350

5. General view of stockyards from livestock exchange building showing ...  

Library of Congress Historic Buildings Survey, Historic Engineering Record, Historic Landscapes Survey

5. General view of stockyards from livestock exchange building showing (l-r) hog division, sheep barn, horse barn. View to southwest. - South Omaha Union Stock Yards, 2900 "O" Plaza, Omaha, Douglas County, NE

351

Stocks low, marketers confident  

SciTech Connect

This has been a nerve wracking season as we looked at inadequate inventory spurring prices ever upward. We have watched the American Petroleum Association`s figures on refiner stocks with considerable dismay as they consistantly fell behind year ago inventory. The anxiety extended to how much oil was in marketers` bulkplants and finally in customer tanks. And so, we asked our reporting panel to help us get a fix on how much oil was available for our customers. We asked the questions in early November and so all our figures are for that month. First we asked the capacity of their bulk tanks. And then how many gallons they had on hand November 1, 1996 and the same date of 1995. From these figures, we were able to get estimates of oil inventories. Marketers bulk tanks were 47.5% filled on November 1 which meant that there was on hand at this level, 36 gallons of heating oil for each customer. At that point in the season, customer tanks were 58% filled which translated into 218 gallons.

Mantho, M. [ed.

1997-01-01

352

Stock Market Index Computer Programs.  

ERIC Educational Resources Information Center

|Provides two computer programs, written in BASIC, to calculate average stock market price levels. The programs allow students to work directly from the raw price data that appear daily in the financial news. Teaching suggestions are provided. (JDH)|

Rowley, Eric

1986-01-01

353

Restricted Stock: Regulations, Trends and Technologies  

Microsoft Academic Search

Restricted stock is front-page news. Microsoft, considered a leader in employee compensation, recently announced that it is discontinuing the use of stock options and switching to restricted stock for 50,000 employees. Why have major companies switched to restricted stock for employee compensation? The answer is complex, but it is an outgrowth of market conditions, regulation and public anger directed at

Gregory Besner

2004-01-01

354

Persistent collective trend in stock markets  

Microsoft Academic Search

Empirical evidence is given for a significant difference in the collective trend of the share prices during the stock index rising and falling periods. Data on the Dow Jones Industrial Average and its stock components are studied between 1991 and 2008. Pearson-type correlations are computed between the stocks and averaged over stock-pairs and time. The results indicate a general trend:

Emeric Balogh; Ingve Simonsen; Balint Zs. Nagy; Zoltan Neda

2010-01-01

355

Persistent collective trend in stock markets  

Microsoft Academic Search

Empirical evidence is given for a significant difference in the collective trend of the share prices during the stock index rising and falling periods. Data on the Dow Jones Industrial Average and its stock components are studied between 1991 and 2008. Pearson-type correlations are computed between the stocks and averaged over stock pairs and time. The results indicate a general

Emeric Balogh; Ingve Simonsen; Bálint Zs. Nagy; Zoltán Néda

2010-01-01

356

Average correlation and stock market returns  

Microsoft Academic Search

If the Roll critique is important, changes in the variance of the stock market may be only weakly related to changes in aggregate risk and subsequent stock market excess returns. However, since individual stock returns share a common sensitivity to true market return shocks, higher aggregate risk can be revealed by higher correlation between stocks. In addition, a change in

Joshua M. Pollet; Mungo Wilson

2010-01-01

357

INTERDEPENDENCE IN THE AMERICAN CONTINENT INTERDEPENDENCE IN THE AMERICAN CONTINENT INTERDEPENDENCE IN THE AMERICAN CONTINENT INTERDEPENDENCE IN THE AMERICAN CONTINENT STOCK MARKETS STOCK MARKETS STOCK MARKETS STOCK MARKETS  

Microsoft Academic Search

Abstract: Abstract: Abstract: Globalization has been stimulating the integration of the capital markets and, consequently, of the stock markets. Therefore it is important, for any planning, to study the relation between the domestic stock market and the international stock market, in order to verify the recent evolution and the efficiency of the stock markets, and to be able to predict

Lilian Schulz; André Assis de Salles

2006-01-01

358

Present-day Crustal Deformation of Taiwan  

NASA Astrophysics Data System (ADS)

Taiwan, seated at the junction of the Manila and the Ryukyu subduction systems, is a classical case of the ongoing arc-continent collision due to convergence between the Eurasian and the Philippine Sea plates. We analyzed 601 GPS observations in Taiwan to understand the kinematics of present-day crustal deformation of the Taiwan mountain belt. Horizontal GPS velocities, relative to the Chinese continental margin station, S01R, represent a fan-shaped pattern and gradually decrease northwestward from ~82 mm/yr in SE Taiwan to nearly no deformation in NW coastal area. Directions of the horizontal velocities are dominantly toward NW in central Taiwan and the clockwise rotation and counterclockwise rotation are occurring in northern and southern Taiwan, respectively. For stations between the Chishan fault and the western flank of the southern Central Range in southern Taiwan, most station velocities are consistent (51.9 ± 6.6 mm/yr) and, from east to west, the azimuths change gradually from 277° to 247°. In northern Taiwan, magnitudes of northwestward velocities are 0.3-7.8 mm/yr in NW part of this area and vectors of 9.3-41.2 mm/yr from 53° to 146° occur in the Ilan area. Three significant features are characterized based on the analyses of velocities and 3-D block modeling results. First, tectonic block rotations are mostly concentrated on the northern Taiwan, which correspond to the transition from the Ryukyu subduction to the Taiwan collision zone. The roll-back of Ryukyu trench and the opening of Okinawa trough are probably superposed on the arc-continent collision-induced rotation in northern Taiwan mountain belt. Second, block translations are mainly occurred in southern Taiwan. The interaction between the Peikang basement high and the westward propagation of the accretionary wedge results in the material across southern Taiwan to move toward WSW, sub-parallel to the southern edge of the continental margin, via the strain partitioning along several major structures. Third, high slip rate deficits are mainly derived along the active faults in the Ilan area and along the northern Longitudinal Valley fault, which may correspond to the areas with high earthquake potential.

Ching, K.; Rau, R.; Hu, J.; Lee, J.; Johnson, K. M.

2009-12-01

359

International Diffusion of Open Path FTIR Technology and Air Monitoring Methods: Taiwan (Republic of China)  

Microsoft Academic Search

International cooperation and diffusion of environmental technologies is a central goal of the U.S. EPA Environmental Technology Initiative, and is of great interest to many countries. One objective is to exchange knowledge and skills concerning new monitoring technologies. In this case, the technology was open path Fourier Transform Infrared Spectrometry (op-FTIR).Taiwan is a high-technology, newly industrialized country. Because of air

Steven P. Levine

1996-01-01

360

Southern Taiwan - an Evolving "Coastal Range"?  

NASA Astrophysics Data System (ADS)

As a part of the TAIGER research, existing tectonic concepts are continuously being reviewed in light of new data and for experimental design. One of the critical areas for understanding the tectonics of Taiwan is southern Taiwan. Seismicity and recent tomographic imaging confirm that the tectonics of Taiwan is controlled by the subduction and collision of two plates: the Philippine Sea plate (PSP) and the Eurasian plate (EUR). In northern and central Taiwan the PSP is in collision with EUR, and at the same time subducts northward under northern Taiwan [Wu et al., 2008]. Before the PSP subducts to sufficient depth, the collision of PSP and EUR produced the Foothills and the Central Range on the EUR and the Coastal Range on the PSP side. For southern Taiwan, with 22.7°N as a rough demarcation, the tectonic interpretation is at variance and still in debate. To the east of southern Taiwan the inactive andesitic volcanic islands of Lutao and Lanhsu mark the top of the Luzon arc, separated from Taiwan by a somewhat deformed fore-arc basin [McIntosh et al., 2005]. To its west the Manila Trench is the western limit of a series of trend-parallel small thrusts on the ocean floor [Lunberg et al., 1997]. As the Trench approaches the continental shelf from the south it gradually loses its bathymetric signature. Southern Taiwan itself is commonly viewed as a part of the accretionary prism, and yet is also considered a continuation of the Central Range, produced by the collision of the Luzon arc and continental shelf. Suppe [1981] and many others had long recognized the central Taiwan orogeny, as a result of the collision of the Luzon Arc with the EUR continental shelf and Central Range, is built from rocks of the continental shelf. Inspection of a map of bathymetry around Taiwan shows that the continental shelf turns noticeably westward offshore of southwestern Taiwan, and that southern Taiwan is situated off the continental shelf. The presence of the Benioff zone under southern Taiwan and the normal faulting earthquakes (M7) west of Hengchun in 2006 indicate that southern Taiwan is a part of the PSP that is moving over the subducting EUR. It appears that southern Taiwan has not yet fully engaged in collision with EUR. This interpretation implies that the high topography of southern Taiwan is not created in the same manner as the Central Range. But how was it created? Where is the boundary between the EUR and PSP on land? If southern Taiwan does move westward as a part of PSP then when it collides with the continental shelf it will become a part of a new coastal range. A reexamination is timely as new sea-land, local and teleseismic tomography, more detailed seismicity, and dense GPS data are becoming available, and when there are chances to enhance experiments early next year for testing ideas. References Lunberg et al., 1997. Tectonophysics 274, 5-23. McIntosh et al., 2005. Tectonophysics, 401,23-54. Suppe, J., 1981. Geol. Soc. China, Mem. 4, 67- 89. Wu et al., 2008. Manuscript submitted to JGR.

Wu, F. T.; McIntosh, K.; Lavier, L. L.

2008-12-01

361

Foreign exchange rate exposure of US multinational corporations: a firm-specific approach  

Microsoft Academic Search

We examine the relationship between changes in foreign exchange rates and stock prices of US MNCs. Using firm-specific foreign exchange indices, we find more firms with significant exposure than when a common foreign exchange rate index is used as in comparable studies. We find that the number of firms found to have significant foreign exchange exposure, as well as whether

Steve P. Fraser; Christos Pantzalis

2004-01-01

362

Fisheries, management and conservation of the whale shark Rhincodon typus in Taiwan.  

PubMed

The Taiwanese government introduced a catch-and-report system for the whale shark Rhincodon typus in 2001, and in the following year limited the total allowable catch (TAC) to 80 individuals. This limit was reduced over the following years, reaching a low of 30 individuals in 2007. In November 2007, a comprehensive ban on R. typus fishing came into effect and protection measures were adopted for the species. This study measured and recorded the total length (L(T) ), body mass and sex of 810 R. typus, using fisheries and other released data for the period 1995-2008. The mean L(T) of individuals caught from June to October was smaller than that for individuals caught from November to May. Mean annual catches in set nets were higher in south-western Taiwan than in other regions of Taiwan. The sex ratio showed that males were caught more frequently than females in Taiwanese waters, indicating sex segregation. For the first time, the stock structure, conservation and management regulation of R. typus in the north-west Pacific Ocean have been reviewed. The results provide a useful resource for future assessment of the possible development of R. typus ecotourism in Taiwan. PMID:22497399

Hsu, H H; Joung, S J; Liu, K M

2012-03-20

363

A sneeze in the U.S., a cough in Japan, but pneumonia in Taiwan? An application of the Markov-Switching vector autoregressive model  

Microsoft Academic Search

This paper examines the lead–lag relationships among the output of Taiwan, Japan and the U.S. Three testing methods are employed: the traditional linear Granger causality test, Hiemstra and Jones' [Hiemstra, C., Jones, J.D., 1994. Testing for linear and nonlinear Granger causality in the stock price-volume relation. Journal of Finance 49, 1639–1664] nonlinear Granger causality test and Warne's [Warne, A., 2000.

Shyh-Wei Chen; Chung-Hua Shen

2007-01-01

364

International exchange program: findings from Taiwanese graduate nursing students  

Microsoft Academic Search

This study explored Taiwanese graduate nursing students’ transcultural experiences in the United States during an international exchange program. A qualitative method with content analysis was used to analyze journal entries on perceptions of American culture, American nursing, and reflections on personal and professional growth written by nine graduate nursing students from Taiwan. The mean age of the participants was 32

Carol Shieh

2004-01-01

365

Taiwan: Facing the future with nuclear power  

SciTech Connect

The republic of China on Taiwan is located approximately 100 miles off the southeast coast of mainland China, between Japan and the Philippines, and has an area of 13,970 square miles. The island nation has a population exceeding twenty million people, with over five million living in the capital of Taipei, making Taiwan the second most densely populated country in the world. The country also has one of the world`s fastest growing economies, with major industries that include electronics, textiles, food processing, chemicals and plastics. Annual growth of Taiwan`s gross national product (GNP) has averaged more than 7 percent for the past several years, and the small island is now the twelfth largest trading nation in the world, with a GNP exceeding US$200 billion.

NONE

1994-07-01

366

Antimicrobial Resistance in Streptococcus pneumoniae, Taiwan  

Microsoft Academic Search

Taiwan has one of the highest levels of antibiotic-resistant pneumococcus in the world. Pneumococcal iso- lates not susceptible to penicillin first appeared in Taiwan in 1986; in 1995 an increase in the prevalence of nonsusceptibility to penicillins, extended-spectrum cephalosporins, trimethoprim-sulfamethoxazole, and macrolides as well as multidrug resistance began to be recognized. With the persistence of antibiotic selective pressure, resistance in

Po-Ren Hsueh; Kwen-Tay Luh

2002-01-01

367

Predictive Distribution of Hynobiid Salamanders in Taiwan  

Microsoft Academic Search

Pei-Fen Lee, Kuang-Yang Lue, and Shan-Huah Wu (2006) Predictive distribution of hynobiid salamanders in Taiwan. Zoological Studies 45(2): 244-254. The distribution patterns of hynobiid salamanders in Taiwan, based on species and species complex, i.e., Hynobius arisanensis, the H. formosanus-sonani complex, and Hynobius sp. 1 (an undescribed species), were studied using a wildlife distribution database and an environmental factor database with

Pei-Fen Lee; Kuang-Yang Lue; Shan-Huah Wu

2006-01-01

368

A STUDY OF THE DIVERSIFICATION OF CHINA'S FOREIGN RESERVES WITHIN A THREE-COUNTRY STOCK-FLOW CONSISTENT MODEL  

Microsoft Academic Search

ABSTRACTThe paper presents a three-country stock-flow consistent model, with one fixed exchange rate and two flexible exchange rates, in the tradition of portfolio balance models with imperfect asset substitutability. The model is applied to simulate the impact of the diversification of the foreign reserves of China, away from US dollars and towards euros. The simulation results show that China and

Marc Lavoie; Jun Zhao

2010-01-01

369

Insider employee stock option trading and stock prices  

Microsoft Academic Search

We examine the information content of insider employee stock option trading and its value to market investors using a US dataset. There should be no presumption that option trading would not convey valuable information and indeed, the exercise of option rights is likely to signal insider knowledge. Our results from Granger-causality tests suggest that the actions of directors, officers (senior

David G. McMillan; Manouchehr Tavakoli; Phillip J. McKnight

2012-01-01

370

Deformation and seismicity of Taiwan.  

PubMed

14C-dated Holocene coastal uplift, conventional and satellite geodetic measurements, and coseismic and aseismic fault slip reveal the pattern of distributed deformation at Taiwan resulting from convergence between the Philippine Sea plate and Eurasia; as in other subduction orogenic settings, the locus of strain release and accumulation is strongly influenced by changes in fault geometry across strike. Uplift evidence from the islands of Lutao and Lanhsu is consistent with progressive oblique collision between the Luzon arc and the Chinese continental margin. In the Coastal Range, geodetic and seismic records show that shortening is taken up serially by discontinuous slip on imbricate faults. The geodetic data point to net extension across the Central Range, but deformed Holocene shorelines in the Hengchun Peninsula at its southern extremity suggest that the extension is a superficial effect partly caused by blind reverse faulting. The fastest shortening rates indicated by geodesy are recorded on the Longitudinal Valley fault and across the Chukou fault within the fold-and-thrust belt. In the former, the strain is dissipated mainly as aseismic reverse and strike-slip displacement. In contrast, the fold-and-thrust belt has witnessed five earthquakes with magnitudes of 6.5 or above in the 20th century, including the 1999.9.21 Chi-Chi earthquake (magnitude approximately 7.6) on a branch of the Chukou fault. The neotectonic and geodetic data for Taiwan as a whole suggest that the fold-and-thrust belt will continue to host the majority of great earthquakes on the island. PMID:11016964

Vita-Finzi, C

2000-10-10

371

Taiwan: Biotechnology. Agrisure MIR604 Corn Receives Taiwan Approval, 2007. GAIN Report Number TW7037.  

National Technical Information Service (NTIS)

Taiwan grants an approval license to Agrisure MIR604 corn for food, feed and processing use. The license is valid for five years, effective October 22, 2007. Taiwan biotech regulations require a renewal process before the license expires. Licenses for RRS...

C. M. Perng

2007-01-01

372

The Leverage Degrees of Companies Traded in Istanbul Stock Exchange  

Microsoft Academic Search

The profitability of companies is related to the items of balance sheet and inco- me statement. The most important consideration for maximizing profit of companies is op- timization of these items composition. Undoubtedly, sales and financial costs constitute the most outstanding items in this composition. The historical performance of this two items which have a functional relationship to each other

Turgut Ozkan

2005-01-01

373

Recruitment and Parent Stock in Fishes.  

National Technical Information Service (NTIS)

The report contains lecture notes devoted to the general study of management of renewable resources with specific reference to recruitment and parent stock in fishes. Subjects encompassed are: nature of a fish stock; mechanisms of recruitment; stability o...

D. H. Cushing

1973-01-01

374

47 CFR 32.4530 - Treasury stock.  

Code of Federal Regulations, 2011 CFR

...COMMISSION (CONTINUED) COMMON CARRIER SERVICES UNIFORM SYSTEM OF ACCOUNTS FOR TELECOMMUNICATIONS COMPANIES Instructions for Balance Sheet Accounts § 32.4530 Treasury stock. This account shall include the cost of the company's own capital stock...

2011-10-01

375

47 CFR 32.4530 - Treasury stock.  

Code of Federal Regulations, 2012 CFR

...COMMISSION (CONTINUED) COMMON CARRIER SERVICES UNIFORM SYSTEM OF ACCOUNTS FOR TELECOMMUNICATIONS COMPANIES Instructions for Balance Sheet Accounts § 32.4530 Treasury stock. This account shall include the cost of the company's own capital stock...

2012-10-01

376

25 CFR 700.717 - Stocking rate.  

Code of Federal Regulations, 2013 CFR

...HOPI INDIAN RELOCATION COMMISSION OPERATIONS AND RELOCATION PROCEDURES New Lands Grazing § 700.717 Stocking rate. The Commissioner will determine livestock carrying capacity for each range unit and set the stocking rate and adjust that...

2013-04-01

377

Bayes Sequential Design of Stock Levels.  

National Technical Information Service (NTIS)

Bayesian determination of optimal stock levels is studied for the case of Poisson distribution of the demand variable, and prior gamma distribution of the expected demand. Bayes sequential procedure is derived, assuming that stock level can be adjusted at...

S. Zacks

1968-01-01

378

From local to global: the rise of AIM as a stock market for growing companies: a comprehensive report analysing the growth of AIM  

Microsoft Academic Search

In the light of a great deal of negative press activity and factual inaccuracies presented in the media, The London Stock Exchange approached LSE Enterprise to commission an independent research study, which would analyse and comment on the Alternative Investment Market (AIM), London's stock market for small or growing businesses. This report, which looked extensively at the statistical data available,

Sridhar Arcot; Julia Black; Geoffrey Owen

2007-01-01

379

Exchange bias  

Microsoft Academic Search

We review the phenomenology of exchange bias and related effects, with emphasis on layered antiferromagnetic (AFM)–ferromagnetic (FM) structures. A compilation of materials exhibiting exchange bias and some of the techniques used to study them is given. Some of the applications of exchange bias are discussed. The leading theoretical models are summarized. Finally some of the factors controlling exchange bias as

J. Nogués; Ivan K Schuller

1999-01-01

380

Sentiment classification for stock news  

Microsoft Academic Search

Web news articles play an important role in stock market. Sentiment classification of news articles can help the investors make investment decisions more efficiently. In this paper, we implemented an approach of Chinese new words detection by using N-gram model and applied the result for Chinese word segmentation and sentiment classification. Appraisal theory was introduced into sentiment analysis and Naive

Yang Gao; Li Zhou; Yong Zhang; Chunxiao Xing; Yigang Sun; Xianzhong Zhu

2010-01-01

381

Money and the Stock Market  

Microsoft Academic Search

Quarterly data for the period from 1961 to 1986 suggest that the real quantity of money (defined as M2) demanded relative to income is positively r elated to the deflated price of equities (Standard and Poor's composi te) three quarters earlier and negatively related to the contemporane ous real stock price. The positive relation appears to reflect a weal th

Milton Friedman

1988-01-01

382

Corporate focus and stock returns  

Microsoft Academic Search

Greater corporate focus is consistent with shareholder wealth maximization. Diseconomies of scope in the 1980s are confirmed by a trend towards focus or specialization, a positive relation between stock returns and focus increases, and the failure of diversified firms to exploit financial economies of scope (coinsurance of debt or reliance on internal capital markets). Large focused firms were less likely

Gregg A. Jarrell

1995-01-01

383

Sports Sentiment and Stock Returns  

Microsoft Academic Search

This paper investigates the stock market reaction to sudden changes in investor mood. Motivated by psychological evidence of a strong link between soccer outcomes and mood, we use international soccer results as our primary mood variable. We find a significant market decline after soccer losses. For example, a loss in the World Cup elimination stage leads to a next-day abnormal

ALEX EDMANS; DIEGO GARCÍA; ØYVIND NORLI

2007-01-01

384

Earnings Quality and Stock Returns  

Microsoft Academic Search

An exclusive focus on bottom-line income misses important information about the quality of earnings. Accruals (the difference between accounting earnings and cash flow) are reliably, negatively associated with future stock returns. Earnings increases that are accompanied by high accruals, suggesting low-quality earnings, are associated with poor future returns. We explore various hypotheses -- earnings manipulation, extrapolative biases about future growth,

Konan Chan; Louis K. C. Chan; Narasimhan Jegadeesh; Josef Lakonishok

2001-01-01

385

26 CFR 1.422-2 - Incentive stock options defined.  

Code of Federal Regulations, 2010 CFR

...2010-04-01 2010-04-01 false Incentive stock options defined. 1.422-2 Section 1...INCOME TAX (CONTINUED) INCOME TAXES Certain Stock Options § 1.422-2 Incentive stock options defined. (a) Incentive stock...

2010-04-01

386

26 CFR 1.422-2 - Incentive stock options defined.  

Code of Federal Regulations, 2010 CFR

...2009-04-01 2009-04-01 false Incentive stock options defined. 1.422-2 Section 1...INCOME TAX (CONTINUED) INCOME TAXES Certain Stock Options § 1.422-2 Incentive stock options defined. (a) Incentive stock...

2009-04-01

387

78 FR 3399 - Draft 2012 Marine Mammal Stock Assessment Reports  

Federal Register 2010, 2011, 2012, 2013

...fin whale, western North Atlantic stock; sei whale, Nova Scotia stock; minke whale Canadian east coast stock; sperm...Nmin and PBR. The abundance estimate for sei whale, Nova Scotia stock, in the draft 2012 SAR (77 FR 47043,...

2013-01-16

388

Wisconsin's Lake Michigan Salmonid Stocking Program, August 1999.  

National Technical Information Service (NTIS)

This stocking summary is based on stocking receipts compiled by Wisconsin DNR staff at the Great Lakes Research Facility in Milwaukee. A stocking receipt was completed each time hatchery fish were stocked into Lake Michigan. Copies of these receipts were ...

T. Burzynski

1999-01-01

389

A New Record of Ceratophyllid Flea (Siphonaptera) from Taiwan.  

National Technical Information Service (NTIS)

Twenty species of fleas hitherto recorded from Taiwan are listed. Nosopsyllus nicanus Jordan, 1937, is recorded for the first time from Rattus norvegicus and Rattus rattus tanezumi captured in the Taipei area, Taiwan. The male and female specimens are des...

J. C. Lien P. C. Fan

1971-01-01

390

New Dryinidae from Sulawesi and Taiwan (Hymenoptera: Chrysidoidea)  

Microsoft Academic Search

The following new species of Dryinidae are described: Anteon heppneri and martiale from Taiwan; Anteon cerberum, flaccum and subdignum; Thaumatodryinus noyesi; Dryinus alboniger and mansus from Sulawesi. The male of Lonchodryinus sinensis Olmi is described from Taiwan.

M. Olmi

1992-01-01

391

75 FR 15726 - Polyvinyl Alcohol From Taiwan; Determination  

Federal Register 2010, 2011, 2012, 2013

...Preliminary) (Remand)] Polyvinyl Alcohol From Taiwan; Determination...reason of imports from Taiwan of polyvinyl alcohol provided for in subheading 3905...of allegedly LTFV imports of polyvinyl alcohol from...

2010-03-30

392

Multifractal analysis of Chinese stock volatilities based on the partition function approach  

NASA Astrophysics Data System (ADS)

We have performed a detailed multifractal analysis on the 1-min volatility of two indexes and 1139 stocks in the Chinese stock markets based on the partition function approach. The partition function ?q(s) scales as a power law with respect to the box size s. The scaling exponents ?(q) form a nonlinear function of q. Statistical tests based on bootstrapping show that the extracted multifractal nature is significant at the 1% significance level. The individual securities can be well modeled by the p-model in turbulence with p=0.40±0.02. Based on the idea of ensemble averaging (including quenched and annealed average), we treat each stock exchange as a whole and confirm the existence of multifractal nature in the Chinese stock markets.

Jiang, Zhi-Qiang; Zhou, Wei-Xing

2008-08-01

393

Predicting stock volatility using after-hours information: Evidence from the NASDAQ actively traded stocks  

Microsoft Academic Search

We use realized volatilities based on after-hours high frequency stock returns to predict next day stock volatility. We extend the GARCH model to include additional information: the whole after hours period, the preopen realized variance, the postclose realized variance, and the overnight squared return. For the thirty most active NASDAQ stocks, we find that most of the stocks exhibit positive

Chun-Hung Chen; Wei-Choun Yu; Eric Zivot

2012-01-01

394

LETTER: Synchronization model for stock market asymmetry  

Microsoft Academic Search

The waiting time needed for a stock market index to undergo a given percentage change in its value is found to have an up down asymmetry, which, surprisingly, is not observed for the individual stocks composing that index. To explain this, we introduce a market model consisting of randomly fluctuating stocks that occasionally synchronize their short term draw-downs. These synchronous

Raul Donangelo; Mogens H. Jensen; Ingve Simonsen; Kim Sneppen

2006-01-01

395

Synchronization Model for Stock Market Asymmetry  

Microsoft Academic Search

The waiting time needed for a stock market index to undergo a given percentage change in its value is found to have an up-down asymmetry, which, surprisingly, is not observed for the individual stocks composing that index. To explain this, we introduce a market model consisting of randomly fluctuating stocks that occasionally synchronize their short term draw-downs. These synchronous events

Raul Donangelo; Mogens H. Jensen; Ingve Simonsen; Kim Sneppen

2006-01-01

396

27 CFR 24.217 - Vinegar stock.  

Code of Federal Regulations, 2010 CFR

...Firearms 1 2009-04-01 2009-04-01 false Vinegar stock. 24.217 Section 24.217 Alcohol...Production of Other Than Standard Wine § 24.217 Vinegar stock. Vinegar stock may be produced on bonded wine...

2009-04-01

397

27 CFR 24.217 - Vinegar stock.  

Code of Federal Regulations, 2010 CFR

...Firearms 1 2010-04-01 2010-04-01 false Vinegar stock. 24.217 Section 24.217 Alcohol...Production of Other Than Standard Wine § 24.217 Vinegar stock. Vinegar stock may be produced on bonded wine...

2010-04-01

398

Efficient Circulation of Railway Rolling Stock  

Microsoft Academic Search

Railway rolling stock (locomotives, carriages, and train units) is one of the most significant cost sources for operatorsof passenger trains, both public and private. Rolling stock costsare due to material acquisition, power supply, and material maintenance. The efficient circulation of rolling stock material is therefore one of the objectives pursued. In this paper we focus on the circulation of train

A. Alfieri; R. Groot; L. Kroon; L. Schrijver

2002-01-01

399

Efficient Circulation of Railway Rolling Stock  

Microsoft Academic Search

Railway rolling stock (locomotives, carriages, and train units) is oneof the most significant cost sources for operatorsof passenger trains,both public and private. Rolling stock costsare due to materialacquisition, power supply, and material maintenance. The efficientcirculation of rolling stock material is therefore one of theobjectives pursued. In this paper we focus on the circulation of trainunits on a single line. In

Arianna Alfieri; Rutger Groot; Leo Kroon; Lex Schrijver

2002-01-01

400

Economic determinants of emerging stock market interdependence  

Microsoft Academic Search

There is a wealth of literature on how integrated stock markets are, but very few studies attempts to determine why stock markets are integrated. However, it is arguably even more important to understand the driving forces behind stock market relationships than to know whether they exist. Such an understanding will provide a better grasp of the functioning of the global

Elna Pretorius

401

Economic determinants of emerging stock market interdependence  

Microsoft Academic Search

There is a wealth of literature on how integrated stock markets are, but very few studies attempts to determine why stock markets are integrated. However, it is arguably even more important to understand the driving forces behind stock market relationships than to know whether they exist. Such an understanding will provide a better grasp of the functioning of the global

Elna Pretorius

2002-01-01

402

Seasonal Predictability of Stock Market Returns  

Microsoft Academic Search

This paper focuses on the seasonal predictability of stock market returns. we investigate the statistical significance of predicting stock returns from several calendar dummies. Our main findings, using monthly stock market returns from Belgium. Germany, the Netherlands, UK and US, are that the January effect disappears over time, but a strong support is found for the Sell-in-May effect. This implies

W. Marquering

2002-01-01

403

Online Stock Market Games for High Schools.  

ERIC Educational Resources Information Center

|Identifies a Web site providing information about stock market simulations for high school economics courses. Divides the information into two tables: (1) the structure of online stock market games; and (2) the determination of portfolio values of online stock market games. States that changes and updates are available at Web sites. (JEH)|

Lopus, Jane; Placone, Dennis

2002-01-01

404

Issuing stock recommendations: Theory and evidence  

Microsoft Academic Search

In this paper, we investigate determinants of the market impact of stock recommendations issued by sell-side financial analysts. We propose a simple framework for understanding the process that financial analysts use to issue stock recommendations. The framework yields three testable predictions: The market impact of stock recommendations increases with analysts' perceived ability and investors' uncertainty about firm value, and decreases

Xia CHEN; Qiang CHENG

2003-01-01

405

Stock Market Cycles and Future Trend Estimation  

Microsoft Academic Search

Contemporary period was an unprecedented growth of stock markets in both developed economies and in emerging ones. The process of financial development has led to substantial changes in the behavior of the stock markets. Recent articles have been oriented to determine the relationship between financial liberalization and stock market cycles (Edwards et al. 2003; Kaminsky and Schmukler 2003). These articles

Carmen-Maria Angyal

2012-01-01

406

Forecasting and stock obsolescence in whisky production  

Microsoft Academic Search

A neglected aspect of inventory management is stock loss caused by breakage, theft, deterioration or obsolescence. Such loss requires financial write-offs that affect financial indicators of a firm's overall inventory management effectiveness. Stock loss or damage related to finished goods is easier to identify than obsolete or dead stock, and firms often focus on finished goods due to their high

David B. Grant; Chariklia Karagianni; Mei Li

2006-01-01

407

Government Partisanship, Elections and the Stock Market  

Microsoft Academic Search

We construct a model of speculative trading to examine how the mean and volatility of stock prices is affected both by government partisanship and by traders' expectations of electoral victory by the right- wing or left-wing party. Our model predicts that rational expectations of higher inflation under left-wing administrations lowers the volume of stocks traded in the stock market. The

British Stock Returns; David Leblang; Bumba Mukherjee

408

Money and capital as competing media of exchange  

Microsoft Academic Search

We construct a model where capital competes with fiat money as a medium of exchange, and establish conditions on fundamentals under which fiat money can be both valued and socially beneficial. When the socially efficient stock of capital is too low to provide the liquidity agents need, they overaccumulate productive assets to use as media of exchange. When this is

Ricardo Lagos; Guillaume Rocheteau

2008-01-01

409

Money and capital as competing media of exchange  

Microsoft Academic Search

We construct a model where capital competes with fiat money as a medium of exchange, and we establish conditions on fundamentals under which fiat money can be both valued and socially beneficial. When the socially efficient stock of capital is too low to provide the liquidity agents need, they overaccumulate productive assets to use as media of exchange. When this

Ricardo Lagos; Guillaume Rocheteau

2004-01-01

410

Money and capital as competing media of exchange  

Microsoft Academic Search

We construct a model in which capital competes with fiat money as a medium of exchange, and establish conditions on fundamentals under which fiat money can be both valued and socially beneficial. When the socially efficient stock of capital is too low to provide the liquidity agents need, they overaccumulate productive assets to use as media of exchange. When this

Ricardo Lagos; Guillaume Rocheteau

2006-01-01

411

What University Governance Can Taiwan Learn from the United States?  

ERIC Educational Resources Information Center

Due to changes from centralization to marketization, Taiwan's university governance must increase its effectiveness. The purpose of this paper was to introduce trends in and issues of Taiwan's university governance, describe university governance in the United States, and draw implications that Taiwan's university governance needs to learn from…

Lee, Lung-Sheng; Land, Ming H.

2010-01-01

412

The development and regulation of occupational exposure limits in Taiwan  

Microsoft Academic Search

The occupational exposure limits (OELs) in Taiwan was promulgated in 1974 and has been revised five times since then. Many of the OELs were adopted from the most recent ACGIH TLVs and US OSHA PELs. A total of 483 chemicals were listed in the current Taiwan OELs Standard. The procedures of OELs development in Taiwan include the IOSH organized a

Tung-Sheng Shih; Kuen-Yuh Wu; Hong-I Chen; Cheng-Ping Chang; Ho-Yuan Chang; Yi-Shiao Huang; Saou-Hsing Liou

2006-01-01

413

A Study on School Leaders' Ethical Orientations in Taiwan  

Microsoft Academic Search

The purpose of this study is to explore the ethical orientations of Taiwan's school leaders by means of a questionnaire survey of 573 school leaders. A multidimensional ethical framework, including utilitarianism, justice, care, critique, and virtue, was used. The results demonstrate that the most frequent ethical orientation of Taiwan's school leaders is justice. Second, the ethical orientation of Taiwan's school

Feng Feng-I

2011-01-01

414

Combating cybercrime across the Taiwan Strait: investigation and prosecution issues  

Microsoft Academic Search

Reports have shown that Taiwan and China are attractive targets for cybercriminals. The special political situation between the two countries has encouraged numerous cyber-attacks across the Taiwan Strait. Establishing an efficient investigation and prosecution system is important to deter criminals from further exacerbating this unsatisfactory situation. This paper discusses issues of cybercrime investigation and prosecution across the Taiwan Strait. Based

Yao Chung Chang

2011-01-01

415

Combating cybercrime across the Taiwan Strait: investigation and prosecution issues  

Microsoft Academic Search

Reports have shown that Taiwan and China are attractive targets for cybercriminals. The special political situation between the two countries has encouraged numerous cyber-attacks across the Taiwan Strait. Establishing an efficient investigation and prosecution system is important to deter criminals from further exacerbating this unsatisfactory situation. This paper discusses issues of cybercrime investigation and prosecution across the Taiwan Strait. Based

Yao Chung Chang

2012-01-01

416

Large-scale seismic test program at Hualien Taiwan  

Microsoft Academic Search

The large scale seismic test (LSST) program at Hualien, Taiwan, is a follow-on to the soil-structure interaction (SSI) experiments at Lotung, Taiwan. The planned SSI studies are performed at a stiff soil site in Hualien, Taiwan, that historically has had slightly more destructive earthquakes in the past than Lotung. The objectives of the LSST program are as follows: to obtain

H. L. Graves; H. T. Tang; Y. C. Liao

1996-01-01

417

What Can Taiwan (and the United States) Expect from Japan?  

Microsoft Academic Search

In the 1990s and into the new century, increased Japanese sympathy toward Taiwan and antipathy toward mainland China led to a series of moves to improve treatment of Taiwan, including enhanced transporta- tion links, a higher level and frequency of official contacts, posting of a military attaché, and expressions of support for Taiwan's participation in regional and international organizations. Nevertheless,

Gregory W. Noble

2005-01-01

418

Macroeconomic uncertainty and conditional stock-price volatility in frontier African markets : Evidence from Ghana  

Microsoft Academic Search

Purpose – The purpose of this paper is to analyse the impact of macroeconomic uncertainty on stock-price volatility in Ghana. Design\\/methodology\\/approach – The method of analysis is in two stages. The first stage estimates univariate volatility models for each macroeconomic variable; namely consumer price index (proxy for inflation), exchange rate, money supply, interest rates, oil price, gold price, and cocoa

Charles K. D. Adjasi

2009-01-01

419

26 CFR 1.1502-35 - Transfers of subsidiary stock and deconsolidations of subsidiaries.  

Code of Federal Regulations, 2013 CFR

...S common stock it acquired in Year 2 to PS, a partnership, in exchange for a 20 percent...Immediately after the contribution to PS, S is a member of the P group. In Year 5, P sells its interest in PS for $20. (ii) Application of...

2013-04-01

420

The exposure of shipping firms’ stock returns to financial risks and oil prices: a global perspective  

Microsoft Academic Search

Shipping is an industry that is highly geared towards international trade and therefore, would seem to be highly susceptible to fluctuations in macroeconomic factors. This article investigates the impact of exchange rates, interest rates and oil prices on stock returns of 143 shipping companies from 16 countries. We also investigate the factors which determine the extent to which firm are

Ahmed A. El-Masry; Mojisola Olugbode; John Pointon

2010-01-01

421

Taxation influences upon the market in venture capital trust stocks: theory and practice  

Microsoft Academic Search

Individuals investing in a venture capital trust (VCT) IPO listed on the London Stock Exchange receive a number of conditional tax incentives; the time-related nature of the associated conditions can create a ‘lock-in effect’. By deriving and testing a model of the value of these incentives we examine how they influence investors’ pricing and trading decisions. This paper contributes to

Kevin Holland; Richard H. G. Jackson

2011-01-01

422

The Calendar Effects and Anomalies on Ukrainian Stock Market: Theory and Empirical Evidence  

Microsoft Academic Search

The theoretical aspects of calendar effects and anomalies on the Ukrainian stock market and the empirical evidence of daily, monthly and quarterly returns of PFTS-index and their volatility are examined. A strong evidence of a calendar effect i.e. December effect on Ukrainian PFTS exchange was found. It can be explained due to the cyclical character of some industries, cyclical shares

Bohdan Petrushchak

2011-01-01

423

Taxation Influences upon the Market in Venture Capital Trust Stocks: Theory and Practice  

Microsoft Academic Search

Individuals investing in a Venture Capital Trust IPO listed on the London Stock Exchange receive a number of conditional tax incentives; the time related nature of the associated conditions can create a 'lock-in effect'. By deriving and testing a model of the value of these incentives we examine how they influence investors' pricing and trading decisions. This paper contributes to

Kevin Holland; Richard H. G. Jackson

2004-01-01

424

Day of the week effects: new evidence from an emerging stock market  

Microsoft Academic Search

The primary objective is to investigate day of the week effects in an emerging stock market of a developing country, namely Turkey. Empirical results verify that although day of the week effects are present in Istanbul Securities Exchange Composite Index (ISECI) return data for the period January 1988 to August 1994, these effects change in direction and magnitude through time.

Ercan Balaban

1995-01-01

425

Taper Angle Evolution in Taiwan Accretionary Wedge  

NASA Astrophysics Data System (ADS)

Liwen Chena,b, Wu-Cheng Chia, Char-Shine Liuc aInstitute of Earth Sciences, Academia Sinica, Taipei, Taiwan bInstitute of Geosciences, National Taiwan University, Taipei, Taiwan cInstitute of Oceanography, National Taiwan University, Taipei, Taiwan The critical taper model, originally developed using onland Taiwan as an example, is governed by force balance of a horizontal compressional wedge. This model has been successfully applied to many mountainous regions around the world. Among them, Taiwan is located in an oblique collision between the Luzon Arc and the Chinese Passive margin. Previous critical taper angle studies of Taiwan are mainly focusing on utilizing land data. In this study we want to extend these studies to offshore region from the subduction zone to collision zone. Here we study the varying taper angles of the double-vergent wedge derived from 1,000 km of reflection seismic profiles in both the pro-wedge and retro-wedge locations. These profiles were collected in the last two decades. For the retro-wedge, the topography slope angle changes from 2 to 8.8 degrees; some of the steep slope suggests that some part of the retrowedge is currently in a super-critical angle state. Such dramatic changes in taper angle probably strongly affect regional sedimentary processes, including slumping, in addition to structural deformation. These complex processes might even help develop a mélange or re-open a closed basin. We are currently working on studying the taper angle evolution of the pro-wedge from subduction to arc-continent collision zone in the offshore region. Though further works are needed, our preliminary results show that the evolution of wedge angles and the geometry of the wedge are closely linked and inseparable. The structures of the subducting plate might have strong influence on the deformation style of the over-riding plate. It would be interesting to combine the angle variation with the structure interpretation of the accretionary wedge, both in the pro- and retro-wedge regions. And the results might help us to better understand the evolution of Taiwan Accretionary Prism.

Chen, L.; Chi, W.; Liu, C.

2011-12-01

426

Management of scrap computer recycling in Taiwan.  

PubMed

It is estimated that approximately 300,000 scrap personal computers are generated each year in Taiwan [S.-L. Chang, A Study on the Scrap Computer Treatment Cost, Environment Protection Administration of Taiwan, December 1998 (in Chinese)]. The disposal of such a huge number of scrap computers presents a difficult task for the island due to the scarcity of landfills and incineration facilities available locally. Also, the hazardous materials contained (i.e., phosphor coatings of cathode ray tubes (CRTs), batteries, polychlorinated biphenyl capacitors, mercury-containing parts, liquid crystal display, high-lead content CRT funnel glass, and plastic containing flame-retardant bromine, etc.) in the scrap computers may seriously pollute the environment if they are not properly disposed of. Therefore, the EPA of Taiwan declared scrap personal computers the producer's recycling responsibility as of July 1997. Under this decree, the manufacturers, importers and sellers of personal computers have to properly recover and recycle the scrapped computers which they originally sell. On June 1, 1998, a producer responsibility recycling program for scrap computers was officially implemented in Taiwan. Under this program, consumers can bring their unwanted personal computers to the designated collection points and receive reward money. Currently, only six computer items are mandated to be recycled in this recycling program. They are notebooks, monitors, hard disks, power supplies, printed circuit boards and main frame shells. This article outlines the current scrap computer recycling system in Taiwan. PMID:10751692

Lee, C H; Chang, S L; Wang, K M; Wen, L C

2000-04-28

427

Evolution of Taiwan's health care system.  

PubMed

This study aims to present an overview of the evolutionary policy process in reforming the health care system in Taiwan, through dissecting the forces of knowledge, social-cultural context, economic resources and political system. We further identify factors, which had a significant impact on health care reform policies in Taiwan through illustrative policy examples. One of the most illuminating examples highlighted is the design and implementation of a single-payer National Health Insurance (NHI) program in 1995, after nearly five years of planning efforts (1988-1993) and a two-year legislative marathon. The NHI is one of the most popular social programs ever undertaken in the history of Taiwan, which greatly enhances financial protection against unexpected medical expenses and assures access to health services. Nonetheless, health care reform still has an unfinished agenda. Despite high satisfaction ratings, Taiwan's health care system today is encountering mounting pressure for new reforms as a result of its rapidly aging population, economic stagnation, and imbalanced NHI checkbook. Although there may exist some heterogeneous system characteristics and challenges among different health care systems around the world, Taiwan's experiences in reforming its health care system for the past few decades may provide valuable lessons for countries going through rapid economic and political transition. PMID:20199715

Rachel Lu, Jui-Fen; Chiang, Tung-Liang

2010-03-04

428

A controllable laboratory stock market for modeling real stock markets  

NASA Astrophysics Data System (ADS)

Based on the different research approaches, econophysics can be divided into three directions: empirical econophysics, computational econophysics, and experimental econophysics. Because empirical econophysics lacks controllability that is needed to study the impacts of different external conditions and computational econophysics has to adopt artificial decision-making processes that are often deviated from those of real humans, experimental econophysics tends to overcome these problems by offering controllability and using real humans in laboratory experiments. However, to our knowledge, the existing laboratory experiments have not convincingly reappeared the stylized facts (say, scaling) that have been revealed for real economic/financial markets by econophysicists. A most important reason is that in these experiments, discrete trading time makes these laboratory markets deviated from real markets where trading time is naturally continuous. Here we attempt to overcome this problem by designing a continuous double-auction stock-trading market and conducting several human experiments in laboratory. As an initial work, the present artificial financial market can reproduce some stylized facts related to clustering and scaling. Also, it predicts some other scaling in human behavior dynamics that is hard to achieve in real markets due to the difficulty in getting the data. Thus, it becomes possible to study real stock markets by conducting controlled experiments on such laboratory stock markets producing high frequency data.

An, Kenan; Li, Xiaohui; Yang, Guang; Huang, Jiping

2013-10-01

429

Artificial neural network model of the hybrid EGARCH volatility of the Taiwan stock index option prices  

NASA Astrophysics Data System (ADS)

This investigation integrates a novel hybrid asymmetric volatility approach into an Artificial Neural Networks option-pricing model to upgrade the forecasting ability of the price of derivative securities. The use of the new hybrid asymmetric volatility method can simultaneously decrease the stochastic and nonlinearity of the error term sequence, and capture the asymmetric volatility. Therefore, analytical results of the ANNS option-pricing model reveal that Grey-EGARCH volatility provides greater predictability than other volatility approaches.

Tseng, Chih-Hsiung; Cheng, Sheng-Tzong; Wang, Yi-Hsien; Peng, Jin-Tang

2008-05-01

430

Pattern Prediction in Stock Market  

Microsoft Academic Search

In this paper, we have presented a new approach to predict pattern of the financial time series in stock market for next 10\\u000a days and compared it with the existing method of exact value prediction [2, 3, and 4]. The proposed pattern prediction technique\\u000a performs better than value prediction. It has been shown that the average for pattern prediction is

Saroj Kaushik; Naman Singhal

2009-01-01

431

Time Dependent Fluid Occurrence Offshore Taiwan  

NASA Astrophysics Data System (ADS)

Time Dependent Fluid Occurrence Offshore Taiwan Liwen Chenab, Wu-Cheng Chia, Char-Shine Liuc (mma@earth.sinica.edu.tw)(wchi@gate.sinica.edu.tw) ; aInstitute of Earth Sciences, Academia Sinica, Taipei, Taiwan bInstitute of Geosciences, National Taiwan University, Taipei, Taiwan ; cInstitute of Oceanography, National Taiwan University, Taipei, Taiwan Earthquake-induced groundwater flows have been observed recently. Such fluid flow might temporarily change the temperature field in the crust. Here we used seismically detected gas hydrate under seafloor to study the temperature fields at a few hundred meters subbottom depth before, and after the 2006 Henchuan earthquake (Mw7.0). We used the hydrate-related bottom-simulating-reflector (BSR) in seismic profiles to study the effects of gas/fluid migration on the BSR attributes. We have conducted two seismic experiments before and after the earthquake across the same transects near the hypocenter of the earthquake using similar air gun arrays and streamers. By analyzing this unique dataset, we found enhanced BSR reflectivity in average after the earthquake (~0.03), but the Sea-floor reflectivity is very similar (~0.5). We also found changed amplitudes versus offset (AVO) in the dataset (the gradient of reflection coefficient versus the angles was ~-0.34). We interpret these results as a consequence of earthquake-induced gas and fluid migration, bringing the gases underneath the BSR, thus the enhanced reflection coefficients. Next we will explore new methods to use the BSR as a flow meter. Using time-dependent seismic attribute analyses across transects before and after a large earthquake, we found strong evidences of earthquake-related fluid migrations and possibly associated temperature perturbations. This is among the first studies to document such feature in the offshore region.

Chen, L.

2010-12-01

432

Stock Market Crashes, Precursors and Replicas  

NASA Astrophysics Data System (ADS)

We present an analysis of the time behavior of the S&P500 (Standard and Poors) New York stock exchange index before and after the October 1987 market crash and identify precursory patterns as well as aftershock signatures and characteristic oscillations of relaxation. Combined, they all suggest a picture of a kind of dynamical critical point, with characteristic log-periodic signatures, similar to what has been found recently for earthquakes. These observations are confirmed on other smaller crashes, and strengthen the view of the stockmarket as an example of a self-organizing cooperative system. Nous présentons une analyse du comportement de l'indice boursier americain S&P500 avant et après le crach d'octobre 1987. Nous identifions des motifs précurseurs ainsi que des oscillations de relaxation et des signatures de réplique après le crash. Ces caractéristiques suggèrent toutes ensemble que ce crash peut être vu comme une sorte de point critique dynamique, possédant des signatures spécifiques log-périodiques, comme on l'a découvert précédemment pour les tremblements de terre. Ces observations sont confirmées sur d'autres crashs plus petits et renforcent le concept d'un marché mondial vu comme un exemple de système auto-organisé complexe.

Sornette, Didier; Johansen, Anders; Bouchaud, Jean-Philippe

1996-01-01

433

Clinical perspectives of childhood tuberculosis in Taiwan.  

PubMed

Tuberculosis (TB) is an important public health issue in Taiwan and worldwide. Taiwan has made major progress in combating TB in the past 40 years. However, childhood TB still constitutes a significant challenge in disease control. From January to mid December 2011, 369 new cases of pediatric TB were confirmed. The relatively low case number and variable clinical presentations made it difficult for early detection. Latent TB infections in children also pose further complexity in clinical management. Knowledge of the clinical features of active and latent TB infection is crucial for efficient TB control. PMID:22248826

Ho, Tzong-Shiann; Wang, Shih-Min; Shen, Ching-Fen; Lee, Kuan-Hsien; Liu, Ching-Chuan

2011-12-27

434

Major arc-forearc detachment system in the active Taiwan arc-continent collision, eastern Taiwan  

Microsoft Academic Search

It has long been known that continental-margin detachments are a dominant feature in the Taiwan arc-continent collision, as well as in most compressive sediment-rich mountain belts. Thrust faults that are bedding-parallel in the hanging wall are widespread throughout western Taiwan and lie within structural settings that indicate large cumulative displacements, >100km shortening of the continental margin. The 1999 M7.8 Chi-Chi

J. Suppe; S. Carena; Y. Wu; S. Nagai; C. Chen

2010-01-01

435

Leadership, regime security, and China's policy toward Taiwan: prospect theory and Taiwan crises  

Microsoft Academic Search

Traditional analyses of Taiwan crises have relied mainly on deterrence theory for their explanatory power. This approach fails to account for China's risk-taking behavior, which can be explained by prospect theory. We suggest that Chinese leaders are more likely to use more risky military coercion against Taiwan's pro-independence movements within a domain of losses, i.e., when their regime faces serious

Kai He; Huiyun Feng

2009-01-01

436

Taiwan Biobank: a project aiming to aid Taiwan's transition into a biomedical island.  

PubMed

Essentially, the term 'biobank' can be defined in different ways. Taking the UK Biobank's experience as the main example, the Taiwan Biobank aims to collect the DNA of a large group of people on the population base and track their health and lifestyle for at least 10 years. It is hoped that the information collected, regarding the mechanisms underlying how genes and environmental factors interact with each other to make us ill, will benefit the society in various ways, including the exploration of a new generation of treatments, support to preventive medicine discovery and also the possible benefits for the promotion of evolving public health-related industries in Taiwan. However, the involvement of large-scale population base gene data collection also triggered serious ethical, legal and social issues. In Taiwan, the challenge is even more serious than for any other biobanking experiences that have occurred previously. Among all the ethical, legal and social issues, the convergence of aboriginal people protection provided under Taiwan's Constitution imposes on the research team an obligation to create an innovative Ethical & Legal Governance Framework adaptable to the unique social background of Taiwan, including a workable public consultation/communication mechanism. In early 2005, the creation of the 'Taiwan Biobank' has been included as a part of Taiwan's strategic development in promoting the country as an island of biomedicine. In this report, the ideology, the goals and special features, government strategy, visions and, in particular, the ethical, legal and social issue planning of the Taiwan Biobank will be briefly introduced and reviewed. PMID:18370851

Fan, Chien-Te; Lin, Jui-Chu; Lee, Chung-His

2008-02-01

437

Intra-group and inter-group trading differentiation analysis: A new approach for detecting the effect of trading volume on stock market fluctuations  

NASA Astrophysics Data System (ADS)

Analyzing statistical properties of stock market data using statistical physics has received much attention from physicists and economists in recent years. Although some statistical characteristics of stock market data such as power-low tails of stock returns have become established fact, behavior of other related variables such as trading volume are less studied. In this paper, in order to examine the impact of trading volume on statistical properties of stock market returns, different trading behavior of different traders in Tehran Stock Exchange is analyzed. We define a new coefficient which measures the equilibrium between these different forces affecting the market at any given trading day. By adjusting market returns by this coefficient, we also assessed the impact of these forces on the statistical properties of stock market returns.

Bolgorian, Meysam

2011-11-01

438

Uranium isotope separation by continuous anion exchange chromatography  

Microsoft Academic Search

This paper reports a process for producing nuclear quality Uranium 235 (U²³⁵) from a substantially impure feed stock containing a mixture of uranium isotopes, including U²³⁵, forming a stationary phase from an anion exchange resin in the annulus of a rotating annular chromatograph; feeding the feed stock to the stationary phase to load less than 10% of the stationary phase;

T. S. Snyder; H. M. Ferrari

1992-01-01

439

Correlation and volatility in an Indian stock market: A random matrix approach  

NASA Astrophysics Data System (ADS)

We examine the volatility of an Indian stock market in terms of correlation of stocks and quantify the volatility using the random matrix approach. First we discuss trends observed in the pattern of stock prices in the Bombay Stock Exchange for the three-year period 2000 2002. Random matrix analysis is then applied to study the relationship between the coupling of stocks and volatility. The study uses daily returns of 70 stocks for successive time windows of length 85 days for the year 2001. We compare the properties of matrix C of correlations between price fluctuations in time regimes characterized by different volatilities. Our analyses reveal that (i) the largest (deviating) eigenvalue of C correlates highly with the volatility of the index, (ii) there is a shift in the distribution of the components of the eigenvector corresponding to the largest eigenvalue across regimes of different volatilities, (iii) the inverse participation ratio for this eigenvector anti-correlates significantly with the market fluctuations and finally, (iv) this eigenvector of C can be used to set up a Correlation Index, CI whose temporal evolution is significantly correlated with the volatility of the overall market index.

Kulkarni, Varsha; Deo, Nivedita

2007-11-01

440

CAN BUSINESS CYCLES ARISE IN A TWO-REGIONAL MODEL WITH FIXED EXCHANGE RATES?  

Microsoft Academic Search

The two-regional five dimensional model describing the devel- opment of income, capital stock and money stock, which was introduced by T. Asada in (A Two-regional Model of Business Cycles with Fixed Exchange Rates: A Kaldorian Approach, Discuss. Paper Ser., No. 44, Chuo University, Tokyo, Japan, 2003) is analysed. Sufficient conditions for the existence of one pair of purely imaginary eigenvalues

Peter Malick; Rudolf Zimka

2009-01-01

441

77 FR 16106 - Self-Regulatory Organizations; International Securities Exchange, LLC; Notice of Filing of...  

Federal Register 2010, 2011, 2012, 2013

...Exchange, LLC; Notice of Filing of Proposed Rule Change To Amend ISE Rule 722 (Complex Orders) To Provide Its Members With a Choice in Executing Broker-Dealers for the Stock Leg(s) of Stock-Option Orders March 13, 2012. Pursuant to Section...

2012-03-19

442

Bioenergy from landfill gas (LFG) in Taiwan  

Microsoft Academic Search

Greenhouse gases (GHGs) emissions are becoming significant energy and environmental issues relating to municipal solid waste (MSW) deposited in landfills in Taiwan. The nation, although not a Party to the Montreal Protocol and Kyoto Protocol, has diligently striven to mitigate and phase out them. The landfill gas (LFG), which is now considered as a renewable energy with emphasis on electricity

W. T. Tsai

2007-01-01

443

Review of Taiwan's climate policy after Copenhagen  

Microsoft Academic Search

The Copenhagen Accord in 2009 initiated new opportunities for international cooperation in reducing greenhouse gas (GHG) emissions. The purpose of this study was to review Taiwan's current climate policy and, in response to the Copenhagen Accord, to deliberate this policy in the light of new strategic thinking. The study proposes a two-stage approach with a dividing line in 2020. In

Chea Yuan Young; Wei Ming Huang

444

Measuring Automobile Insurance Fraud in Taiwan  

Microsoft Academic Search

Abstract Byconducting an extensive exploration on claim data, this paper attempts to investigate the fraud problem ,in Taiwan ,automobile ,physical damage ,insurance. Based on the different claim patterns between data in calendar year and policy year, excess claims are significantly identified in the last month ,of policy ,year. Censored regression provides robust estimation concerning the sources of the fraud payment.

Chu-Shiu Li; Chwen-Chi Liu; Sheng-Chang Peng

445

Risk Factors in Motorcyclist Fatalities in Taiwan  

Microsoft Academic Search

Objective: To assess the impact of the following factors on rider fatality: rider's age, gender, licensing status, accident liability, use of helmet, alcohol consumption, vehicle class, road conditions, presence of passengers, and passenger injuries.Methods: Data on motorcycle accidents in Taiwan between 2006 and 2008 was analyzed. A logistic regression model was used to establish a fatality risk model for motorcyclists,

Rong-Chang Jou; Tsu-Hurng Yeh; Rong-Sin Chen

2012-01-01

446

Taiwan and the geopolitics of late development  

Microsoft Academic Search

Through a case study of Taiwan, this paper seeks to address recent debates surrounding the transformation of developmental states in East Asia. Whilst a number of authors have cited the Taiwanese state as being both cautious and resilient in the midst of global restructuring, this paper seeks to critically engage with such arguments by highlighting the dynamic and mutually constitutive

Kevin Gray

2011-01-01

447

Urbanization and childhood leukaemia in Taiwan.  

PubMed

A log-linear regression model was applied to national cancer registry data on all childhood leukemia cases diagnosed and reported in Taiwan during 1979-90 in a study to measure the effects of age, level of urbanization, and calendar year upon the variation of childhood leukemia incidence rates between 1981 and 1990. Urban Taiwan underwent a period of rapid socioeconomic development during the 1980s. 1498 cases of leukemia among people under age 15 years were diagnosed during 1981-90 and reported to the Cancer Registry Center of Taiwan. 57.6% of these cases were acute lymphoblastic leukemia, 25.6% were nonlymphoblastic leukemia, and 16.8% were chronic leukemia and those unclassified. Acute lymphoblastic leukemia was the most common subtype in all age groups, with a pronounced peak at 0-4 years. The overall incidence rate of childhood leukemia in Taiwan increased by 20%. When compared to rural areas, metropolitan regions had a significantly higher incidence rate during the study period. That urban-rural difference was especially notable among children under age 5 years. Dose-response analysis further indicated that risk of childhood leukemia was monotonically associated with levels of urbanization. The significant gradient in the risk of childhood leukemia with urbanization was contributed solely by children aged 0-4 years. PMID:9758111

Li, C Y; Lin, R S; Lin, C H

1998-08-01

448

Recent status of Gracilaria cultivation in Taiwan  

Microsoft Academic Search

The recent decrease in Gracilaria culture production and value in Taiwan were evaluated from statistical data and from interviews with local fishermen. Reasons are: 1) during 1986–87, many Gracilaria culture ponds were transformed to grow grass shrimp (Penaeus monodon) in monoculture, but disease of the shrimp occurring soon after stopped such production and Gracilaria culture took over, but 2) due

Tetsuro Ajisaka; Young-Meng Chiang

1993-01-01

449

Managing forests for watershed protection in Taiwan  

Microsoft Academic Search

Few places in the world experience the severity of watershed management problems faced by Taiwan. The island is 74% mountainous with steep slopes and weak geologic formations. Each typhoon season brings torrential rainfall, resulting in frequent flooding, debris torrents, and landslides. On the other hand, seasonal water shortages occur in parts of the island, a problem that will become more

Shiang-Yue Lu; Jack D Cheng; Kenneth N Brooks

2001-01-01

450

Trading companies in Taiwan's fashion shoe networks  

Microsoft Academic Search

The Taiwanese export fashion shoe networks are composed of independent producers, suppliers, subcontractors, and trading companies. This paper explores the formation and governance of such networks, the underlying social relationships among participants, and the transformation of the networks as Taiwanese shoe companies moved across the Taiwan Straits to southern China in the late 1980s. The author argues for the key

You-tien Hsing

1999-01-01

451

Current Status of Antimicrobial Resistance in Taiwan  

Microsoft Academic Search

While some trends in antimicrobial resistance rates are universal, others appear to be unique for specific regions. In Taiwan, the strikingly high prevalence of resistance to macrolides and streptogramin in clinical isolates of gram-positive bacteria correlates with the widespread use of these agents in the medical and farming communities, respectively. The relatively low rate of enterococci that are resistant to

Po-Ren Hsueh; Cheng-Yi Liu; Kwen-Tay Luh

2002-01-01

452

Internet Addiction among High Schoolers in Taiwan.  

ERIC Educational Resources Information Center

The purpose of this study was to develop a reliable and valid measurement for the identification of Internet addictive high school students. There were 615 subjects selected by a stratified sampling from the population of Taiwanese 10th to 12th graders. The final version of the Internet Addiction Scale for Taiwan High Schoolers (IAST) contained 20…

Lin, Sunny S. J.; Tsai, Chin-Chung

453

Bone marrow transplantation in Taiwan: an overview.  

PubMed

In Taiwan, a country with 21 million people, 388 bone marrow transplants (BMTs), 308 allografts and 80 autografts, were performed in 5 BMT centers from November 1983 to October 1993. The commonest indications were leukemia, aplastic anemia, lymphoma and thalassemia. Campaigns promoting an unrelated marrow donor registry were started in August 1993 and recruited approximately 26,000 volunteers. A peripheral stem cell program is just beginning. The overall results of BMT in Taiwan are comparable to other countries. The complications of BMT are similar to Western series, except that acute GVHD was rarer in one large series; this observation needs further study. A particular indication for allogeneic BMT in Taiwan is thalassemia, accounting for 10% of all patients. Disease-free survival after BMT for thalassemia is 44%; graft rejection is the major cause of treatment failure. Another important issue is the role of hepatitis B virus (HBV) in BMT, since the prevalence of HBV infection in Taiwan is very high (> 90%). Abnormal liver function is currently the most common complication and might be related to HBV. Among nearly 100 allogeneic BMTs with HBV carriers as either donor or recipient, 2 patients (approximately 2%) died of HBV-related hepatic failure. Whether the HBV status of the donor and recipient is an important prognostic factor remains to be defined. PMID:7920298

Chen, Y C; Lin, K H; Huang, W S; Tang, J L

1994-06-01

454

Air quality and pollution control in Taiwan  

Microsoft Academic Search

Due to limited land and great emphasis on economic growth in the past, Taiwan has an extremely heavy environmental burden. Population density, factory density, as well as densities of motor vehicles are several times higher than those in the United States and Japan. According to the statistics of 1991, the Pollutant Standards Index (PSI) fell mostly in the “moderate” category,

Shu-Hwei Fang; Hsiung-Wen Chen

1996-01-01

455

Landslide Risk Assessment in Lushan Area, Taiwan  

Microsoft Academic Search

Risk assessment is an important part of landslide hazard management. In this study, the landslide risk assessment is developed using the following steps: landslide scope definition, hazard identification, potential analysis, consequence analysis and risk estimation. For the first step, the study area of the Lushan landslide in central Taiwan is identified, for which the types of landslide include several shallow

M.-L. Lin; S.-C. Lin; K.-L. Wang; L.-Y. Fei; C.-C. Chi; H.-H. Lin

2009-01-01

456

Modeling lunar calendar effects in Taiwan  

Microsoft Academic Search

The three most important Chinese holidays, Chinese New Year, the Dragon- boat Festival, and Mid-Autumn Holiday have dates determined by a lunar calendar and move between two solar months. Consumption, production, and other economic behavior in countries with large Chinese population including Taiwan are strongly affected by these holidays. For example, production accelerates before lunar new year, almost completely stops

Jin-Lung Lin; Tian-Syh Liu

2002-01-01

457

Modeling lunar calendar effects in taiwan  

Microsoft Academic Search

The three most important Chinese holidays, Chinese New Year, the Dragon- boat Festival, and Mid-Autumn Holiday have dates determined by a lunar calendar and move between two solar months. Consumption, production, and other economic behavior in countries with large Chinese population including Taiwan are strongly affected by these holidays. For example, production accelerates before lunar new year, almost completely stops

Jin-Lung Lin; Tian-Syh Liu

2003-01-01

458

Modeling Lunar Calendar Holiday Effects in Taiwan  

Microsoft Academic Search

Abstract The three most important Chinese holidays, Chinese New Year, the Dragon-boat Festival, and Mid- Autumn Holiday have dates determined by a lunar calendar and move between two solar months. Consumption, production, and other economic behavior in countries with large Chinese population including Taiwan are strongly affected by these holidays. For example, production accelerates be- fore lunar new year, almost

Jin-Lung Lin; Tian-Syh Liu

459

Increasing Ceftriaxone Resistance in Salmonellae, Taiwan  

PubMed Central

In Taiwan, despite a substantial decline of Salmonella enterica serotype Choleraesuis infections, strains resistant to ciprofloxacin and ceftriaxone persist. A self-transferable blaCMY-2-harboring IncI1 plasmid was identified in S. enterica serotypes Choleraesuis, Typhimurium, Agona, and Enteritidis and contributed to the overall increase of ceftriaxone resistance in salmonellae.

Su, Lin-Hui; Teng, Wen-Shin; Chen, Chyi-Liang; Lee, Hao-Yuan; Li, Hsin-Chieh; Wu, Tsu-Lan

2011-01-01

460

The Management of Foreign Workers in Taiwan  

Microsoft Academic Search

The Council of Labor Affairs (CLA), which is a branch of the Executive Yuan in Taiwan, has total responsibility for the admission into the island and the subsequent management of foreign workers, as stipulated within the Employment Service Act 1992, with such workers essentially comprising of white-collar or blue-collar workers. The Bureau of Vocational Training (BVT), one of the organizations

Joseph S. Lee

461

Outreaches on Space Sciences in Taiwan  

Microsoft Academic Search

We conduct a program of the outreach on space sciences for students of elementary and high schools in Taiwan. It consists of nine chapters including the space environment of the Sun, interplanetary space, and geospace, as well as the space technology of the rocket, satellite, space shuttle, space station, living in space, and observing the Earth from space. Each chapter

I. Lee; J. Y. Liu; T. Liu

2010-01-01

462

No Aboriginal Students left Behind in Taiwan  

ERIC Educational Resources Information Center

The project is motivated by Taiwan's huge gap of educational levels between the aborigines and the Hans. The low achievement of aboriginal students lies in factors related to problems in finance, health, and cultural difference, which contribute to their sense of self-deprecation. The purpose of the project is to provide early intervention and…

Wu, Sue-Jen; Hartzler-Miller, Cynthia

2005-01-01

463

Characteristics of landfill leachates in central Taiwan  

Microsoft Academic Search

Due to the complex nature of landfill leachates, the leachate treatment plants have difficulty to meet the current Taiwan EPA's effluent standards. Three typical types of landfills, closed landfill A, mixed landfill B (disposal of MSW with bottom ashes from MSW incinerators) and direct MSW landfill C, (disposal of MSW only), are investigated in this research in order to have

Huan-jung Fan; Hung-Yee Shu; Hsin-Sin Yang; Wen-Ching Chen

2006-01-01

464

PCBs in Donggang River Watershed sediments, Taiwan  

Microsoft Academic Search

Polychlorinated biphenyls (PCBs) were measured in the sediments of the Donggang River Watershed, one of the most polluted bodies of water in southern Taiwan. Field data showed that detectable concentrations of 121 PCB congeners were found and total PCBs were measured in 32 out of 33 samples, and 98 congeners were detected. The total concentrations of PCBs in the sediment

Chi Y. Hsieh; Chon L. Lee; Wen C. Kuo; Ting C. Chen; Yi K. Wang; Bo Y. Yu

2011-01-01

465

Assessment of renewable energy reserves in Taiwan  

Microsoft Academic Search

Since Taiwan imports more than 99% of energy supply from foreign countries, energy security has always been the first priority for government to formulate energy policy. The development of renewable energy not only contributes to the independence of energy supply, but also achieves benefits of economic development and environmental protection. Based upon information available to public, the present paper reassesses

Falin Chen; Shyi-Min Lu; Kuo-Tung Tseng; Si-Chen Lee; Eric Wang

2010-01-01

466

The Quality of Life in Taiwan  

ERIC Educational Resources Information Center

|The AsiaBarometer survey of 1,006 respondents shows that in Taiwan, people have access to modern utilities and digital media, signs of materialistic achievement, and yet are more concerned with physical security and financial safety than with personal growth. Regardless of their demographic backgrounds and value priorities, the Taiwanese, like…

Yao, Grace; Cheng, Yen-Pi; Cheng, Chiao-Pi

2009-01-01

467

Criminal judgments to medical malpractice in Taiwan  

Microsoft Academic Search

Our society is the only country that punishes physicians with medical malpractice by using criminal law as a routine, while most countries in this planet settle almost all medical disputes with civil action. In Taiwan, criminal suits account 79% of all medical malpractice law suits. The purpose of this trial is to investigate the reasons for the overruled criminal judgment

Pyng Jing Lin

2009-01-01

468

Enterovirus 71 Outbreaks, Taiwan: Occurrence and Recognition  

Microsoft Academic Search

Enterovirus 71 (EV71) caused a large outbreak in Taiwan in 1998 with 78 deaths, and smaller outbreaks recurred in 2000 and 2001. The outbreak was recognized because of a large number of hand, foot, and mouth disease cases and the rapid deaths of children with the disease. Virologic and pathologic studies indicated that EV71 was the most important agent relat-

Tzou-Yien Lin; Shiing-Jer Twu; Mei-Shang Ho; Luan-Yin Chang; Chin-Yun Lee

2003-01-01

469

Sustainability of Higher Education Institutions in Taiwan  

ERIC Educational Resources Information Center

|Purpose: The purpose of this paper is to provide the rationale and context for recent national policy and funded initiatives to support sustainability developments within higher education in Taiwan, including practical and educational aspects. Concrete examples and specific outcomes are reviewed, to produce a profile across the higher education…

Su, H. Jenny; Chang, Tzu-chau

2010-01-01

470

Chinese Parenting Reconsideration: Parenting Practices in Taiwan.  

ERIC Educational Resources Information Center

|This study examined authoritative and authoritarian parenting and specific parenting practices among Chinese mothers with preschoolers. The final sample consisted of 463 mothers with their 3 to 7 year-olds from 11 preschools, in Taiwan. Mothers completed a Chinese translation of the Parenting Behavior Questionnaire that assessed their parenting…

Chen, Fu-mei; Luster, Tom

471

Factors Related to Parenting Practices in Taiwan.  

ERIC Educational Resources Information Center

|This study examined factors related to authoritarian and authoritative parenting practices among 463 Chinese mothers with preschoolers in Taiwan. Questionnaire findings suggested that maternal depression, child temperament, and degree of parenting daily hassles might have cross-culturally universal influence on parenting practices. Chinese…

Chen, Fu-Mei; Luster Tom

2002-01-01

472

The Critical Path Program in Taiwan  

Microsoft Academic Search

Taiwan's Critical Path Program facilitates the development process for niche products of new drug and medical devices. The program fosters a favorable regulatory environment by establishing guidance systems and identifying selected index cases for successful stories through achievement-based proactive consultation. A total of 27 index cases were selected from a total of 68 cases submitted. Two index cases have been

Bing Bing Lin; Chih-Hwa Lin; Herng-Der Chern

2009-01-01

473

Self-Efficacy, Taiwan Elementary Teachers Perspective  

ERIC Educational Resources Information Center

This paper presents the results of a case study involving Taiwanese elementary teachers who teach science at the elementary grade school level. It advocates the position that a teacher's personal science efficacy belief influences his or her science teaching outcome expectations. It promotes the position that the success Taiwan has experienced in…

Jack, Brady M.; Liu, Chia-Ju; Chiu, Hoan-Lin

2005-01-01

474

Regime transition and the media in Taiwan  

Microsoft Academic Search

Taiwan's recent experience of political regime transition suggests the existence of a strong correlation between the promotion of free and diverse media and the level of political change. The government's efforts to create a more liberal media environment are commendable, but, owing to the structure of the market and ownership patterns, the party of government (the Kuomintang) maintains a powerful

Gary D. Rawnsley

1998-01-01

475

Sustainability of higher education institutions in Taiwan  

Microsoft Academic Search

Purpose – The purpose of this paper is to provide the rationale and context for recent national policy and funded initiatives to support sustainability developments within higher education in Taiwan, including practical and educational aspects. Concrete examples and specific outcomes are reviewed, to produce a profile across the higher education sector and its diverse range of institutions. Design\\/methodology\\/approach – The

H. Jenny Su; Tzu-chau Chang

2010-01-01

476

Sustainability of Higher Education Institutions in Taiwan  

ERIC Educational Resources Information Center

Purpose: The purpose of this paper is to provide the rationale and context for recent national policy and funded initiatives to support sustainability developments within higher education in Taiwan, including practical and educational aspects. Concrete examples and specific outcomes are reviewed, to produce a profile across the higher education…

Su, H. Jenny; Chang, Tzu-chau

2010-01-01

477

Women's Aspirations for Graduate Education in Taiwan  

ERIC Educational Resources Information Center

|This study investigates female undergraduates' aspirations for master's and doctoral degree programs in Taiwan's universalized and stratified higher education system. It considers the potential effects of economic prospects, parental attitudes, and gender values. First, graduate education is perceived as a means to enhance one's comparative…

Lin, Meng-Jie

2011-01-01

478

Stock Markets, Banks, and Economic Growth  

Microsoft Academic Search

December 1996Do well-functioning stock markets and banks promote long-term economic growth? Yes, but stock markets and banks differ in the financial services they provide.Using data on 49 countries from 1976 to 1993, the authors investigate whether measures of stock market liquidity, size, volatility, and integration in world capital markets predict future rates of economic growth, capital accumulation, productivity improvements, and

Ross Levine; Sara Zervos

1999-01-01

479

Money and Stock Prices: Economic Theory  

Microsoft Academic Search

\\u000a This chapter delivers theoretical aspects, which form the underlying basis for the empirical investigation of the relationship\\u000a between liquidity conditions and the stock market. The chapter is divided into three parts. The main part covers theoretical\\u000a considerations of why money might affect stock prices (Sect.?3.2). Since it is unclear from the outset whether causality runs\\u000a from money to stocks or

Marcel Wiedmann

480

Healthcare stocks expected to remain strong.  

PubMed

While healthcare stocks are likely to remain at the top of Wall Street's list of favorites, healthcare analysts and money managers say they don't expect to see the same quality of healthcare companies issuing stock the rest of the year. They say that in the coming months, more companies of lesser quality will sell stock at inflated prices, compared with their earnings. PMID:10110753

Pallarito, K

1991-05-27

481

The impact of futures trading on volatility of the underlying asset in the Turkish stock market  

NASA Astrophysics Data System (ADS)

This paper examines the impact of the introduction of stock index futures on the volatility of the Istanbul Stock Exchange (ISE), using asymmetric GARCH model, for the period July 2002 October 2007. The results from EGARCH model indicate that the introduction of futures trading reduced the conditional volatility of ISE-30 index. Results further indicate that there is a long-run relationship between spot and future prices. The results also suggest that the direction of both long- and short-run causality is from spot prices to future prices. These findings are consistent with those theories stating that futures markets enhance the efficiency of the corresponding spot markets.

Kasman, Adnan; Kasman, Saadet

2008-05-01

482

78 FR 20362 - Self-Regulatory Organizations; Chicago Board Options Exchange, Incorporated; Notice of Filing and...  

Federal Register 2010, 2011, 2012, 2013

...transaction fees that apply to merger strategies and short stock interest strategies as well as to reversals, conversions and jelly roll strategies (the ``Strategy Caps'').\\7\\ The Exchange proposes to count Mini fees towards the Strategy Caps...

2013-04-04

483

78 FR 60348 - Self-Regulatory Organizations; Miami International Securities Exchange LLC; Notice of Filing and...  

Federal Register 2010, 2011, 2012, 2013

...strategy; (ii) merger strategy; (iii) short stock interest strategy; (iv) reversal and conversion strategies; (v) jelly roll strategy; and (vi) similar strategies offered by an options exchange that are subject to a fee cap. Trading in...

2013-10-01

484

12 CFR 152.18 - Conversion from stock form depository institution to Federal stock association.  

Code of Federal Regulations, 2013 CFR

... 2013-01-01 2013-01-01 false Conversion from stock form depository institution to Federal...ASSOCIATIONS-INCORPORATION, ORGANIZATION, AND CONVERSION § 152.18 Conversion from stock form depository institution to...

2013-01-01

485

12 CFR 552.2-6 - Conversion from stock form depository institution to Federal stock association.  

Code of Federal Regulations, 2013 CFR

...6 2013-01-01 2012-01-01 true Conversion from stock form depository institution to Federal...ASSOCIATIONS-INCORPORATION, ORGANIZATION, AND CONVERSION § 552.2-6 Conversion from stock form depository institution to...

2013-01-01

486

Arabidopsis database and stock resources.  

PubMed

The volume of Arabidopsis information has increased enormously in recent years as a result of the sequencing of the reference genome and other large-scale functional genomics projects. Much of the data is stored in public databases, where data are organized, analyzed, and made freely accessible to the research community. These databases are resources that researchers can utilize for making predictions and developing testable hypotheses. The methods in this chapter describe ways to access and utilize Arabidopsis data and genomic resources found in databases and stock centers. PMID:24057361

Li, Donghui; Dreher, Kate; Knee, Emma; Brkljacic, Jelena; Grotewold, Erich; Berardini, Tanya Z; Lamesch, Philippe; Garcia-Hernandez, Margarita; Reiser, Leonore; Huala, Eva

2014-01-01

487

The Pay to Performance Incentives of Executive Stock Options  

Microsoft Academic Search

Detailed data about stock option contracts are used to measure and analyze the pay to performance incentives of executive stock options. Two main issues are addressed. The first is the pay to performance incentives created by the revaluation of stock option holdings. The findings suggest that if CEO stock holdings were replaced by the same ex ante value of stock

Brian J. Hall

1998-01-01

488

Application of Fuzzy Time Sequence in Stock Prediction  

Microsoft Academic Search

Nowadays, more and more people take part in the stock-market actively, and the stock prediction has been one of the hot topics. Fuzzy time series are used for forecasting price of the stock as the first time in this paper. According to history data of stock price, we could predict the stock price at next time or at multiple moments,

Kaiqi Zou; Beiyan Li

2008-01-01

489

75 FR 22842 - Polyethylene Retail Carrier Bags From Indonesia, Taiwan, and Vietnam  

Federal Register 2010, 2011, 2012, 2013

...Polyethylene Retail Carrier Bags From Indonesia, Taiwan, and Vietnam Determinations...material injury by reason of imports from Indonesia, Taiwan, and Vietnam of PRCBs that...by Commerce that imports of PRCBs from Indonesia, Taiwan, and Vietnam were being...

2010-04-30

490

75 FR 34282 - Federal Acquisition Regulation; FAR Case 2009-014, New Designated Country-Taiwan  

Federal Register 2010, 2011, 2012, 2013

...Taiwan (known in the World Trade Organization as ``the Separate Customs Territory of Taiwan, Penghu, Kinmen and Matsu (Chinese Taipei))'' as a designated country, due to the accession of Taiwan to membership in the World Trade Organization...

2010-06-16

491

78 FR 52213 - Certain Oil Country Tubular Goods From India, Korea, the Philippines, Saudi Arabia, Taiwan...  

Federal Register 2010, 2011, 2012, 2013

...Arabia, Taiwan, Thailand, Turkey, Ukraine, and Vietnam: Determinations On the...Arabia, Taiwan, Thailand, Turkey, Ukraine, and Vietnam of certain oil country tubular...Arabia, Taiwan, Thailand, Turkey, Ukraine, and Vietnam. Accordingly,...

2013-08-22

492

75 FR 30434 - Stainless Steel Plate From Belgium, Italy, Korea, South Africa, and Taiwan  

Federal Register 2010, 2011, 2012, 2013

...Stainless Steel Plate From Belgium, Italy, Korea, South Africa, and Taiwan AGENCY...on stainless steel plate from Belgium, Italy, Korea, South Africa, and Taiwan...on stainless steel plate from Belgium, Italy, Korea, South Africa, and Taiwan...

2010-06-01

493

75 FR 59744 - Stainless Steel Plate From Belgium, Italy, Korea, South Africa, and Taiwan  

Federal Register 2010, 2011, 2012, 2013

...Stainless Steel Plate From Belgium, Italy, Korea, South Africa, and Taiwan AGENCY...on stainless steel plate from Belgium, Italy, Korea, South Africa, and Taiwan...on stainless steel plate from Belgium, Italy, Korea, South Africa, and Taiwan...

2010-09-28

494

75 FR 81309 - Stainless Steel Plate from Belgium, Italy, Korea, South Africa, and Taiwan  

Federal Register 2010, 2011, 2012, 2013

...Stainless Steel Plate from Belgium, Italy, Korea, South Africa, and Taiwan AGENCY...on stainless steel plate from Belgium, Italy, Korea, South Africa, and Taiwan...on stainless steel plate from Belgium, Italy, Korea, South Africa, and Taiwan...

2010-12-27

495

76 FR 5562 - Polyvinyl Alcohol From Taiwan: Final Determination of Sales at Less Than Fair Value  

Federal Register 2010, 2011, 2012, 2013

...Administration [A-583-841] Polyvinyl Alcohol From Taiwan: Final Determination...has determined that imports of polyvinyl alcohol (PVA) from Taiwan are being...antidumping duty investigation of polyvinyl alcohol from Taiwan. See...

2011-02-01

496

78 FR 39256 - Polyvinyl Alcohol From Taiwan: Rescission of Antidumping Duty Administrative Review; 2012-2013  

Federal Register 2010, 2011, 2012, 2013

...Administration [A-583-841] Polyvinyl Alcohol From Taiwan: Rescission of...the antidumping duty order on polyvinyl alcohol (PVA) from Taiwan for the...CCPC to the Department, ``Polyvinyl Alcohol from Taiwan: Withdrawal...

2013-07-01

497

78 FR 20890 - Polyvinyl Alcohol From Taiwan: Preliminary Results of Antidumping Duty Administrative Review...  

Federal Register 2010, 2011, 2012, 2013

...Administration [A-583-841] Polyvinyl Alcohol From Taiwan: Preliminary Results...the antidumping duty order on polyvinyl alcohol (PVA) from Taiwan. The period...Duty Administrative Review: Polyvinyl Alcohol from Taiwan;...

2013-04-08

498

Modeling Stock Market Returns: To What Extent Can The United States' Stock Market Index Be Predicted?  

Microsoft Academic Search

Prior to the refutation of the random walk theory of stock market returns by Andrew Lo (1999) and others, the conventional belief was that stock markets followed a so-called random walk---namely a theory that stock market returns today could in no way be predicted using past information. Related to this assumption was the efficient market hypothesis that purports all past

Joseph W. Suah

499

An econometric analysis of Thai stock market in the context of global stock market integration  

Microsoft Academic Search

This thesis provides an econometric analysis of the Thai stock market in the context of global stock market integration. Chapter 3 examines whether stock prices for 16 countries are trend stationary or follow a random walk process using the Zivot and Andrews (1992) and Lumsdaine and Papell (1997) tests and monthly data spanning December 1987 to April 2007. With one

Surachai Chancharat

2008-01-01

500

Informativeness of Managerial Stock Ownership and Market Reaction to Stock Repurchase Announcements  

Microsoft Academic Search

This paper analyzes the role of managerial stock ownership in the alle-viation of information asymmetries between the ? rm and the market in the context of open-market stock repurchases. We develop a model of endogenous stock ownership and repurchase announcement decisions by the manager. The main prediction of the model is that higher managerial shareholdings prior to the repurchase announcement

Alexander Vedrashko; Ilona Babenko