2,771 research outputs found
On the cost of delayed currency fixing announcements
In Foreign Exchange Markets vanilla and barrier options are traded frequently. The market standard is a cutoff time of 10:00 a.m. in New York for the strike of vanillas and a knock-out event based on a continuously observed barrier in the inter bank market. However, many clients, particularly from Italy, prefer the cutoff and knock-out event to be based on the fixing published by the European Central Bank on the Reuters Page ECB37. These barrier options are called discretely monitored barrier options. While these options can be priced in several models by various techniques, the ECB source of the fixing causes two problems. First of all, it is not tradable, and secondly it is published with a delay of about 10 - 20 minutes. We examine here the effect of these problems on the hedge of those options and consequently suggest a cost based on the additional uncertainty encountered. --exotic options,currency fixings
Special Issue "Liver Cirrhosis and Hepatocellular Carcinoma: Pathogenesis, Diagnosis and Treatment"
Aura Satz in conversation with Christoph Cox, April/May 2017
A conversation between Aura Satz and Christoph Cox, exploring sirens and emergency signals, acoustic ecology, and economies of attention. Aura Satz is a film-maker and sound artist who has performed, exhibited and screened her work nationally and internationally, including at Tate Modern; Oberhausen Short Film Festival (Oberhausen); the Rotterdam Film Festival (Rotterdam); the New York Film Festival (NY); Gallery 44 (Toronto); InterCommunication Centre (Tokyo) and the Sydney Biennale. In 2012, she was shortlisted for the Samsung Art+ Award and the Jarman Award. She teaches at the Royal College of Art, London. She was in conversation with Christoph Cox, a philosopher, critic, and curator who teaches at Hampshire College in Amherst, Massachusetts. He is the author of Sonic Flux: Sound, Art, and Metaphysics (University of Chicago Press, forthcoming) and Nietzsche: Naturalism and Interpretation (University of California Press, 1999), and co-editor of Realism Materialism Art (Sternberg, 2015) and Audio Culture: Readings in Modern Music (Continuum, 2004/Bloomsbury, 2017). Cox is editor-at-large at Cabinet magazine. His writing has appeared in numerous journals including October, Artforum, Journal of the History of Philosophy, Journal of Visual Culture, The Review of Metaphysics. He has curated exhibitions at the Contemporary Arts Museum Houston, The Kitchen, CONTEXT Art Miami and other venues
Private Equity und Familienunternehmen: eine Untersuchung unter besonderer Berücksichtigung deutscher Maschinen- und Anlagenbauunternehmen
Despite the common view that there is inherently a relationship of confliction, it is now impossible to imagine the financing of family-owned enterprises in Germany without the alternative method of Private Equity financing. Based on a survey on Private Equity in family owned companies specialising in the mechanical engineering sector, this working paper identifies that Private Equity in general is not as unwanted as once assumed. Overall more than 3/4 of the surveyed companies do not exclude investment capital. However, the study demonstrates that the time of large buy-outs is arguably up, and minority capital has now come into vogue. This working paper examines, from the viewpoint of the managing directors of the studied companies, the conceptions and beliefs held by such persons about Private Equity. Generally speaking, besides loss of control, managing directors primarily fear Private Equity because of exaggerated returns on investment at the expense of the long-term development of the company. On the other hand, this paper also highlights that managing directors expect that Private Equity can have a positive element as it can enable bank independence, especially at a time when it becomes increasingly difficult to maintain creditworthiness. Further, this paper analyses the relationship between the managing director of the family enterprise and the Private Equity investor. Because of the special situation of the managing director in a family owned company, trust between that person and the Private Equity investor is one of the most important factors. If there is a lack of trust the business relation is troubled from the start. --Private equity,buyout,family owned enterprises,minority capital,credit crisis,MBO,MBI,return on investments,LBO,leveraged finance,M&A
MicroRNAs im Stuhl als Biomarker für chronisch entzündliche Darmerkrankungen
MicroRNAs in faeces as Biomarkers for Inflammatory Bowel DiseasesIrene Raphaela Theresa BreunigIn a pilot study we compared and optimized different methods of RNA extraction from stool samples in order to obtain high RNA purity. The best results were obtained by RNA purification using Norgen columns after phenol-chloroform extraction. We then performed the first miRNA screen in faeces of IBD patients and controls using Nanostring technology. Hereby we found specific miRNAs with higher and lower presence in faeces of patients. They were subsequently measured by qPCR in a larger cohort with different subgroups of IBD patients, CDI patients and controls.miR-223 and miR1246 were both highly present in faeces. In ulcerative colitis they presented significantly higher levels than in controls and correlated with the well-established markers of inflammation CRP and Calprotectin, as well as with clinical IBD activity scores. miR-1246 was also higher in CDI patients and hence seems to be an unspecific marker of colon inflammation. However, miR-223 was not elevated in this group despite important level of inflammation and therefore has a certain specificity for UC. This will need to be confirmed in further studies.miRNA profiles of IBD patients had an important interindividual variability, as well as disease behaviour and response to medication are different between individuals and difficult to predict. In a follow-up study miRNA profiles will be investigated before treatment onset in order to assess if distinct miRNA patterns can be used as indicators for treatment response
Cycle time estimation using artificial neural networks
author: Christoph Gerhold, BScMasterarbeit Universität Innsbruck 201
Cycle time estimation using artificial neural networks
author: Christoph Gerhold, BScMasterarbeit Universität Innsbruck 201
Cycle time estimation using artificial neural networks
author: Christoph Gerhold, BScMasterarbeit Universität Innsbruck 201
Mass spectrometry screening of mitochondrial DNA modifiers by using TALE-guided protein-biotinylation in human cells
Author Christoph Zinöcker, BScMasterarbeit Universität Linz 2023Arbeit gesperr
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