What will the financial market of the future look like?

2000 ◽  
Vol 57 (2) ◽  
pp. 37-46 ◽  
Author(s):  
Amelia Fawcett
Keyword(s):  
2019 ◽  
Vol 8 (4) ◽  
pp. 3660-3664

In recent times the stock market is accepted as a tool to measure the economic condition of a nation. It is found that the Indian financial market as highly volatile due to the lower value of rupees in foreign exchange with the dollar. This motivated the researchers to measure the interdependencies of [Nifty 50 future (India), Nikkei 225(Japan), NASDAQ 100 Futures (USA), Dow Jones 30 (USA), SSEC (China), Hang Seng Future (Hong Kong), and FTSE 100 (London)]. The analysis covers monthly stock prices for a period of 10years from April 2008 to March 2018. The measurement of interdependencies is studied through granger causality and correlation after the confirmation of the non-normality of data and stationary of data. The result shows a high degree of correlation between NASDAQ and Dow Jones shows 98.76% followed by 96.89% between Nifty 50 future and NASDAQ. The co-movement result of Nifty 50 future through granger causality states Nifty 50 future can explain the future stock market of Nikkei (Japan) and SSEC (China) and the Hang Seng future (Hong Kong) has a bidirectional movement with Nifty 50 futures. The study is useful for the investors to identify the interdependencies of the indices and understand the movement in a significant manner.


Author(s):  
Arner Douglas W ◽  
Hsu Berry FC ◽  
Goo Say H ◽  
Johnstone Syren ◽  
Lejot Paul ◽  
...  

This chapter summarizes the main arguments and discussions of the book and presents an overview of major concerns for the future of Hong Kong’s financial markets. In addition to describing financial market law and practice in Hong Kong, this book has sought to point out related major issues, whether legal, economic, or cultural. Each chapter has concluded with an evaluation of Hong Kong’s financial markets, identifying weaknesses and where reform is most needed. This final chapter takes the analysis further, presenting an overview of major concerns for the future of Hong Kong’s financial markets and their legal and regulatory systems. These arise in two main respects: first, risks to be addressed out of concern for financial stability and the continued economic development of Hong Kong; and second, opportunities to enhance Hong Kong’s competitiveness as a financial centre, especially in the context of prospects for China and East Asia.


2017 ◽  
Vol 97 (2) ◽  
pp. 270-290
Author(s):  
Valentino Cattelan

Abstract This article deals with the nature of Islamic economics as a scientific paradigm which claims to be alternative to conventional economic thinking. To critically evaluate this claim, the work investigates the peculiar religious and moral principles that shape the idea of social justice in Islam. Subsequently, it outlines how Islamic economics derives from these principles a specific conceptualization of property rights and commercial relations that embraces parameters of (1) primacy of real economy; (2) transactional equilibrium; (3) and profit- and risk-sharing. By endorsing the conceptual autonomy of Islamic economics from conventional capitalism, the article also refers to the current emergence of the Islamic financial market at a global stage, and the possible implications for a plural financial system in the future.


2012 ◽  
Vol 16 (5) ◽  
pp. 752-776 ◽  
Author(s):  
Keiichiro Kobayashi ◽  
Tomoyuki Nakajima ◽  
Masaru Inaba

We develop business-cycle models with financial constraints, the driving force of which is news about the future (i.e., changes in expectations). We assume that an asset with fixed supply (“land”) is used as collateral, and firms need to hold collateral to finance their input costs. The latter feature introduces an interaction between the inefficiencies in the financial market and in the factor market. Good news raises the price of land today, which relaxes the collateral constraint. It, in turn, reduces the inefficiency in the labor market. If this force is sufficiently strong, the equilibrium labor supply increases. So do output, investment, and consumption. Our models also generate procyclical movement in Tobin's Q. We also show that when the news turns out to be wrong, the economy may fall into a recession.


DEVOSI ◽  
2021 ◽  
Vol 2 (2) ◽  
pp. 7-11
Author(s):  
Anna Sardiana ◽  
Puspita - ◽  
Zulfison - ◽  
Alvien Nur Amalia ◽  
Will Andilla Darniaty ◽  
...  

The majority of Indonesian are Muslim. As a country with the largest Muslim population, Indonesia has the potential to develop sharia economics and finance, especially in support of funding the priorities of development, such as infrastructure projects, education, and Agriculture. However, the development of sharia finance in Indonesia is not yet in accordance with expectations. This is reflected by the sharia financial market share including banking and insurance that is still relatively small, which is only reached 8.6 percent until January 2019, specifically for new Sharia banking reached 5.6 percent. Departing from this, it is proposed a community dedication to education regarding the Sharia financial economy. The event was held on 14-15 November 2019. The material presented in relation to values and principles of Sharia economics, and introduction of Sharia banking. Overall the event went smoothly. For the future this activity should be done continuously.


2020 ◽  
Vol 2 (7) ◽  
pp. 141-151
Author(s):  
A. G. GLEBOVA ◽  
◽  
Zh. V. IVANOVSKAYA ◽  
I. V. LUKASHENKO ◽  
◽  
...  

Subject/topic. Studying the ways and degree of national stock markets convergence in the Eurasian Economic Union. Goals/objectives. Analysis of the functioning of the stock markets of the countries of the Eurasian Economic Union in the light of the opportunities provided in the framework of creating a common exchange space in the future. According to the roadmap for creating a common financial market at the first stage of integration, regulatory documents will be adopted that define the mutual admission of professional participants to securities trading and unify listing procedures for issuers of EAEU member countries. Given the significant differentiation in the level of development of the exchange and post-trading infrastructure, a study of the attractiveness and analysis of problem areas for the participating countries was carried out in order to determine the optimal scenario for integration into the EAEU common exchange space. Methodology. The study used methods of comparison and analogy, scientific generalization and graphical analysis. Conclusions. The main result of the study is to identify factors contributing to the synergistic effect of the integration of stock markets of all EAEU member countries. The study showed that the important factors, along with the harmonization of legislation, are the formation of a developed exchange and post-trading infrastructure, the introduction of modern financial technologies, including cybersecurity issues, as well as the development of an integrated currency market.


Author(s):  
Vlasta Kašparovská

The content of this article is the evaluation of financial analysis in light of the actual requirement on methodology of banking performance. For the evaluation the criteria reflecting the requirements of those current management and also the requirements of the investors in the financial market was chosen.For the evaluation of financial analysis two models of pyramidal analysis indicators of the bank return on average equity (ROAE) are used. The first is Schierenbeck model and the second is Du Pont pyramidal model modified in accordance with the conditions of the banking company. In the context of legislative changes and market conditions it is not optimal to use financial analysis as the only me­tho­do­lo­gy for evaluation of banking performance. In the future it is necessary to see the point of the financial analysis as a resource for a more sophisticated measure of financial performance.


Author(s):  
Nidhi Phugat ◽  
Jaya Chitranshi

COVID-19 has been classified a WHO very hazardous pandemic, with millions of people being infected deceased in only a few months. Many pharmaceutical developers are researching a viral vaccine however there has been no reporting of progress. At the global level, the financial market is seriously affected by the virus and the government preventive actions. These preventative measures have resulted in numerous organizations throwing their staff away or imposing wage reductions. Dread of being infected with the virus, as well as fear that jobs will be lost and the future financial difficulties would degrade the mental health of the employees. This article also examines various settings in situations where different employees feel uneasy as a result of the COVID-19 outburst.


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