scholarly journals Designing New Financial Instruments to Work in the Asian Markets

2018 ◽  
Vol 7 (3.15) ◽  
pp. 201
Author(s):  
Peter Viktorovich Akinin ◽  
Valentina Petrovna Akinina ◽  
Inna Olegovna Alimova ◽  
Yuliya Olegovna Boldareva ◽  
Natalya Valeryevna Viderker
Keyword(s):  
Financial Markets ◽  
Financial Engineering ◽  
New Products ◽  
Far East ◽  
Financial Instruments ◽  
Dominant Group ◽  
Financial Instrument ◽  
Financial Products ◽  
The Far East ◽  
Wide Range

This article is the methodology for analyzing the design of new financial instruments associated with the ongoing revolutionary changes in the financial system, the development of financial engineering, which led to the spread of new products that had become available to a wide range of consumers.Let us select the following tasks:– to determine the objective need to study the main characteristics of new modified innovative financial products (structured);– to justify the need to create a completely new financial product determined by the dominant group of goods [typical of the financial markets of the Far East], taking into account their specificity and the change of orientation towards the Asian markets, by the increasing activity in the Eastern vector and by the ability to trade in the national currency;– to propose and test the methodology for creating a structured financial instrument that meets modern geopolitical challenges, with the inclusion of the price calculated on the basis of the consensus forecast.  

scholarly journals Is principle based legislation smart choice for capital market’s regulation

2012 ◽  
Vol 1 (3) ◽  
pp. 107-113
Author(s):  
Borut Stražišar
Keyword(s):  
European Union ◽  
Financial Markets ◽  
Corporate Culture ◽  
Capital Markets ◽  
Global Financial Crisis ◽  
Legal Aspects ◽  
Financial Instruments ◽  
Financial Instrument ◽  
Financial Products ◽  
Legal Enforcement

Global financial crisis in 2008 posted numerous questions about the reasons and triggers. In past three years world’s economic literature has been full of academic articles analysing each reason or trigger and scientific explanations of possible connections. Majority outcome was, that key factor was excessive use of derivatives and synthetic financial products, which were under regulated or not regulated at all. The outcome was that countries with developed financial markets introduced new regulations and controls in the field of derivatives and synthetic financial products. Term “systemic risk” was introduced in global financial market. But will this approach really prevent such global crisis? Submission is divided in three parts. First part deals with the theory of principle based regulation. Principle based regulation was firstly introduced in UK and latter accepted by European Union in the field of capital markets. It was a way, together with the Lamfalussy process, to make EU regulation acceptable for all member states. Instead of detailed prescribed behaviour, legislation texts prescribe only desirable goals. Implementation is left to each state or, even worse, to each supervised subject. So the implementation should depend on the capital market’s development, capital product’s structure, tradition, investment companies’ size etc. From a distant view, principle based legislation could be seen as a great legislation writing’s technique. It could be seen as an effective solution to regulate a fast developing field without need to change the regulation. But is it true? Second part of the submission addresses the legal questions and problems, connected to the principle based regulation starting with the validity of regulations. Broad definitions in Market in financial instruments Directive (MiFID), introduced for fast adaptation to new financial products and instruments, are now turning into dinosaurs. Contrary to US’s fast action, European Union is still discussing whether spot forex trade is financial instrument or not. On the other hand, broad and unclear definitions, represents a friendly environment for new casino’s financial products. Even recognised financial instruments (like derivatives and synthetic financial instruments) are recognised as gambling contracts by national courts within European Union. Problems with legal enforcement of financial contracts are mentioned also in common law’s literature. There are numerous pages describing the economic and financial essence of each derivative or synthetic financial instrument. But the chapters, dealing with the legal aspects, are short and end with a similar advice: “due to small number of case law and the danger, that courts could interpret such contracts as a gambling contract, we strongly advise to settle all disputes outside the court.” In case of numerous defaults unenforceability of contracts could be the poison pill for the trust in capital markets. Accepted solutions could also be a problem for administrative or criminal sanctions. Broad and unclear definitions could violate the basic principle “nullum crimen sine lege praevia.” And least but not last, in modern financial world sins are made in interpretations of details and not of principles. Third part of submission deals with the necessary assumptions for a workable principle based legislation. It starts with basic legal culture and generally accepted rule of law. It deals with the corporate culture, consumer’s organizations, financial markets and capable supervisors. Only when all the actors perform their expected roles, the principle based legislation could work properly.

scholarly journals Analysing the Sway of Cash Instruments in the Indian Financial Market Context

2021 ◽  
Vol 10 (06) ◽  
pp. 01-04
Author(s):  
Bhumi Mehta
Keyword(s):  
Financial Market ◽  
Financial Instruments ◽  
Financial Instrument ◽  
Legal Documents ◽  
Financial Innovations ◽  
Monetary Value ◽  
Financial Products ◽  
Derivative Instruments ◽  
Different Types ◽  
Bill Of Exchange

There are basically four types of financial instruments viz. a bank deposit, a bill of exchange, a bond, and equity. As a result of a steady stream of financial innovations in today’s time, the market landscape is far less sparse-and far more complex to evaluate. Financial instruments are termed as the financial products which are tradable as packages of capital, each having their own unique characteristics and structure. The wide collection of financial instruments in today's marketplace allows for the efficient flow of capital amongst the world's investors. Financial instruments are legal documents that embody monetary value. There are a number of different types of documents that are properly identified as a financial instrument. There are different types of financial instrument, like cash instruments or derivative instruments.

Travelling through East and South East Asia with John Saboe

2020 ◽  
Vol 7 (2) ◽  
pp. 305-312
Author(s):  
Scott Sommers
Keyword(s):  
High School ◽  
East Asia ◽  
Far East ◽  
Working Life ◽  
Current Work ◽  
The Internet ◽  
South East Asia ◽  
The Far East ◽  
Wide Range ◽  
The World

John Saboe is one of the leading travel YouTubers on the internet, with dozens of podcasts dealing with a wide range of issues on travel throughout East Asia. His current work, The Far East Travels Podcast (https://fareasttravels.com/), receives thousands or even tens of thousands of views. He has been involved in broadcasting for most of his working life. Beginning in high school, John developed an interest spanning audio podcasts, digital podcasts and publishing a digital magazine, in addition to a background working in traditional radio and TV. He has taught at the Columbia Academy in Vancouver and currently runs training seminars in different aspects of internet broadcasting for customers all around the world.

The Comoro Islands: A Bibliographical Essay

1969 ◽  
Vol 12 (02) ◽  
pp. 131-137 ◽  
Author(s):  
Barbara Dubins
Keyword(s):  
Technological Progress ◽  
Far East ◽  
Agricultural Products ◽  
The Other ◽  
New Crops ◽  
Mozambique Channel ◽  
The Far East ◽  
Wide Range ◽  
Grande Comore ◽  
Comoro Islands

The Comoro Archipelago is situated at the head of the Mozambique Channel, midway between Cape Amber and Cape Delgado. The largest of the four islands, Great Comoro (or Grande Comore), 175 miles from Mozambique, is the northernmost island in the group. Mayotte (or Mayotta), the first of the islands to become a French colony, and the southernmost in the group, is the closest to Madagascar. To the northwest of Mayotte is Anjouan (or Johanna), referred to by authors, both ancient and modern, because of its fertility, as the “Pearl of the Comoro Islands”; immediately to the south of Great Comoro, and almost parallel with Anjouan, is Mohilla (or Moheli), the smallest island in the group. The population of the islands is a mixture of African, Arab, and Malagasy, numbering over 170,000 people, with the heaviest concentration on Anjouan. The exportation of agricultural products has always been the chief industry of the archipelago. Its location at the head of the Mozambique Channel, and the wide range of food products available, made the Comoro Islands a popular supply stop for ships bound for India and the Far East via the Mozambique Channel; for the ships of the British antislavery squadron; and for whalers fishing in the southern Indian Ocean. European technological progress and the opening of the Suez Canal combined to render this function obsolete. During the last half of the nineteenth century, Mayotte, which became a French colony in 1841, was a moderately successful sugar colony. Plantations were also opened on Anjouan and Mohilla, but it was not until after the establishment of a French protectorate over the other two islands in 1886 that plantation economies and new crops were introduced to the rest of the archipelago. Ylang-Ylang, a perfume essence, is the major export crop; sisal, vanilla, cocoa, and coffee are also exported. Coconuts are the only export commodity which has survived from the precolonial economy.

scholarly journals THE INFORMATION BASE OF SIBERIAN AND THE FAR EASTERN LIBRARIES’ LOCAL HISTORY ACTIVITY

2021 ◽  
pp. 82-91
Author(s):  
L. A. Mandrinina ◽  
V. V. Rykova
Keyword(s):  
Far East ◽  
Local History ◽  
Information Support ◽  
Eastern Region ◽  
Highly Qualified ◽  
The Far East ◽  
Wide Range ◽  
History Of ◽  
History Of Books ◽  
Far Eastern

The article provides a brief overview of library local lore activity with an emphasis on the local lore direction in book studies and bibliography of the Siberian- Far Eastern region; names organizations providing information support for local lore activities of libraries; lists local lore resources on the websites of regional libraries in Siberia and the Far East. Special attention is paid to the resources generated by the State Public Scientific Technological Library of Siberian Branch of the Russian Academy of Sciences, which is the center for information support of local history research in Asian Russia, and obtains unique techniques to create regional databases, as well as highly qualified specialists. It presents a list of databases providing information support of theoretical and practical aspects of local history activity in the regional libraries. Authors give a detailed description of DB “Scientific Sibirika”, which includes regional material on a wide range of local history: history, ethnography, economy, nature and natural resources of certain territories of Siberia and the Far East, Arctic. It is shown that theoretical and methodological research in the field of library local history, individual persons, are presented in the “professional” DB “Librarianship and bibliography in Siberia and the Far East”, which has a special heading “Local lore activities of libraries in Siberia and the Far East”; the bibliologic direction of local lore is implemented in the bibliographic DB “History of books and book business in Siberia and the Far East”. The paper concludes about the importance of library local history in the library activities, and the need to attract information resources of large libraries for more complete implementation of local history research.

scholarly journals The organizational basis of the construction of the Soviet militia and the problems of their implementation in the Far East (October 1917 ‒ the beginning of the 1920s)

2019 ◽  
Vol 19 (3) ◽  
pp. 274-282
Author(s):  
Тatyana А. Ornatskaya
Keyword(s):  
Far East ◽  
Russian Revolution ◽  
Party Leaders ◽  
The Far East ◽  
Wide Range ◽  
Temporary Suspension ◽  
Archival Documents ◽  
Soviet Russia ◽  
Far Eastern ◽  
Important Milestone

Introduction. Currently, the centenary of the Russian revolution is widely celebrated ‒ an important milestone providing an opportunity to draw a line and analyze the events of a century ago. Together there are centuries-old anniversaries and other state structures formed in Soviet Russia. Materials and Methods. The end of the XX century was marked by access of a wide range of researchers to departmental archival materials. Expanding the availability of archival documents allows to critically assessing the formation of the Soviet militia. The author, using a regional approach, reveals little-known pages of the first far Eastern militia. Results. The purpose of this study is to cover the first period, i.e. before the beginning of the Civil war in the region, the activities of Soviet militia officers the article highlights the difficulties of the organizational construction of the Soviet militia in the Far East. The author, noting the remoteness of the region, the small number of the party stratum, rampant banditry that did not allow implementing the principles of the Soviet construction of the militia, defined by the leadership of the country, highlights the process of formation of the Soviet militia apparatus. Discussion and Conclusions. In conclusion, it is concluded that the fall of Soviet power in the Far East predetermined the transition of party leaders to an illegal situation, and, consequently, the temporary suspension of the activities of the Soviet militia.

scholarly journals Рецензия на книгу Sablin I. The Rise and Fall of Russia’s Far Eastern Republic, 1905–1922.Nationalisms, Imperialisms, and Regionalisms in and after the Russian Empire

2020 ◽  
pp. 158-162
Author(s):  
И. К. Богомолов
Keyword(s):  
Civil War ◽  
Far East ◽  
Russian Empire ◽  
The Far East ◽  
Wide Range ◽  
The Russian Empire ◽  
Far Eastern

В рецензии рассматривается монография И. Саблина о возникновении и падении Дальневосточной республики (ДВР). Автор отмечает, что сама идея создания "буферного государства" была уникальной для революционной России, уникальной для большевиков, уникальной для региона. На основании широкого круга источников И. Саблин показывает, как идеологии, с которыми большевики изначально боролись – "левый либерализм", национализм и империализм – позволили им в итоге одержать верх на Дальнем Востоке и окончательно победить в Гражданской войне. The review considers the monograph by Ivan Sablin on the emergence and fall of the Far Eastern Republic (FER). The author notes that the very idea of creating a "buffer state" was unique for revolutionary Russia, unique for the Bolsheviks, unique for the region. Based on a wide range of sources Ivan Sablin shows how the ideologies with which the Bolsheviks initially fought – "left liberalism", nationalism and imperialism – allowed them to ultimately gain the upper hand in the Far East and finally win the Civil War.

scholarly journals AN OVERVIEW OF THE OPTIONS WITHIN AN ISLAMIC CONTEXT

2020 ◽  
Vol 5 (12) ◽  
pp. 1-27
Author(s):  
Hamidouche M’hamed
Keyword(s):  
Financial Markets ◽  
Stock Exchange ◽  
The Other ◽  
Financial Instruments ◽  
Random Yield ◽  
Financial Instrument ◽  
Equal Zero ◽  
Muslim Countries ◽  
The One ◽  
Reduced Risk

The investors search the financial instruments which contain least cost and reduced risk. As a recap, the financial instrument is negotiable contracts and they are two sorts, at the: • First, the traditional assets financials with that are negotiated in market of the stock exchange (shares, bonds, and the part in organism for collective investment in securities value …) or other cash instruments such as loans and deposits commercialize in the market; • Second, the derived financial product: there are two types of contracts, for the one a close position like (forwards, futures, swaps) and for the other one, the optional position likes options or warrants. So, all Islamic country observes that the option hasn’t legitimate in stock exchange and it has for originate most of the doctrine of Islam prohibit the transaction with all kinds of options,this implies a complete absence of options in the financial markets of Muslim countries and this context a random yield with in the money (ITM) of option equal zero.

scholarly journals Beyond frontiers: Ancient Rome and the Eurasian trade networks

2017 ◽  
Vol 8 (1) ◽  
pp. 3-9 ◽  
Author(s):  
Marco Galli
Keyword(s):  
Roman Empire ◽  
Far East ◽  
Ancient Rome ◽  
Trade Networks ◽  
The Far East ◽  
Wide Range ◽  
History Of ◽  
The 19Th Century ◽  
The Relationship ◽  
Trading Routes

During the second half of the 19th century, the Roman Empire was already considered one of the key players inside the Eurasian networks. This research focuses on four relevant points. From a historiographical perspective, the reconstruction of the trading routes represented a central theme in the history of the relationship between the Roman Empire and the Far East. Imagining a plurality of itineraries and combinations of overland and sea routes, it is possible to reconstruct a complex reality in which the Eurasian networks during the Early Roman Empire developed. As far as economics is concerned, new documentation demonstrates the wide range and the extraordinary impact of the Eastern products on Roman markets. A final focus on the process of Chinese silk unravelling and reweaving provides an important clue on how complex and absolutely not mono-directional were the interactions and the exchanges in the Eurasian networks during the first centuries of the Roman Empire.

scholarly journals THE RISK OF FINANCIAL NETWORKS IN THE CONTEXT OF CURRENT CHALLENGES

2020 ◽  
pp. 42-49
Keyword(s):  
Financial Markets ◽  
Network Architecture ◽  
Virtual Space ◽  
Information Networks ◽  
Financial Networks ◽  
Financial Risks ◽  
Financial Instruments ◽  
Financial Products ◽  
New Information ◽  
Current Context

In the current context of the redefinition of financial markets due to the challenges generated by the multi-polarity phenomenon, virtual space becomes the main trading place for financial products, and our role as a researcher is to identify new financial instruments appropriate to this reality, which is why we consider that a market trend financial is that of a new network architecture in the virtual financial space based on nodes of financial interference. Moreover, financial space is a monetary representation of all other areas that can be identified and defined in society, especially in the economy, and can be considered as a set of specific financial interconnections with defining characteristics that determine them. Along with the profound changes in the interconnection of the socio-economic entities, using the new information channels, more and more often in the discussions of the specialists and not only a number of monetary issues are debated, in its virtual aspect, respectively the financial risks related to the virtual space, as well as the degree of “mastery” of information networks. In this context, in this paper we will try to make a series of contributions on how this financial space is designed – as a complex network with an adequate degree of risk.

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