Financial Markets - Science topic

Financial inclusion means that individuals and businesses have access to and use affordable financial products and services that meet their needs, which are delivered in a responsible and sustainable way. Financial inclusion is a catalyst for achieving seven of the 17 Sustainable Development Goals (SDGs)

It was argued that an expanding financial inclusion should contribute to the development of the financial market?

كيف يتم تصنيفها

ما هو الفرق ؟

The most effective types of indicators to measure the performance of the stock market

ما هي العوامل

Since the commodity crisis of the 1970s, financial markets have been deregulated in many respects. The Bretton Woods international monetary system based on USD dollar parity collapsed (gold parity for the USD dollar was abolished). In the 1990s, many issues of the operation of deposit-credit commercial banks and investment banks were deregulated again.

It was made possible for the two types of banking to merge. This had its effects in generating the global financial crisis of 2007-2009. Due to the deregulation of financial markets, systemic credit risk increased significantly. The importance of improving the credit risk management process implemented in financial institutions, including commercial and investment banks, also increased. In many countries, the practice of money printing without coverage of manufactured products was practised, leading to increased inflation and, in some countries, to the occurrence of hyperinflation. Too low interest rates and government guarantees and other elements of a soft monetary policy led to too cheap money, too high a level of credit for economic activity and too high a level of credit risk, a decline in the repayment of bank loans and, as a consequence, to financial, economic and debt crises, etc. Derivatives specifically generated for this purpose, including credit derivatives such as subprime bonds, CDOs, etc., sold by investment banks to successive investors to generate additional money for unreliably (with practically no credit checks) granted mortgages, led to the major global financial crisis of 2008 in 2007-2009. I have been researching this issue. I have included the conclusions of my research in articles which, when published, I posted on my profile of this Research Gate portal. I invite research collaboration. I would like to hear your views on this issue.

In view of the above, the following question is topical:

What do you think about this topic?

Please reply,

I invite you all to discuss,

Thank you very much,

Greetings,

Dariusz Prokopowicz

Dear Researchers, Scientists, Friends,

Financial markets operate in a dynamic and complex environment in which both government regulation and self-regulation mechanisms play a key role. Countries introduce regulations on the functioning of banks, stock exchanges and investment funds, but some theories suggest that over-regulation can undermine the innovation and efficiency of financial markets. On the other hand, self-regulatory mechanisms, e.g. clearing institutions and liquidity rules, can stabilise markets, but without state supervision, there is a risk of abuse and speculation. For the purposes of this discussion, I have formulated the following research thesis: state regulation is crucial for the stability of financial markets, but excessive intervention can lead to a reduction in their effectiveness and innovation. Accordingly, this is a fundamental question of economic policy and financial stability affecting global capital markets. This problem can be analysed in the context of various financial crises, e.g. the 2008 crisis, where the lack of regulation of the derivatives market led to disastrous consequences. At the same time, research on economies with varying degrees of regulation can indicate which combination of state intervention and self-regulatory mechanisms provides the best market stability.

My articles below are related to the above issues in some aspects:

I have described the key aspects of the monetary policy pursued by central banks in recent years in the following article:

I have described the issue of economic globalisation as a significant factor in the systemic transformation of banking in Poland in the following article:

I described crisis management in a company in the article:

CRISES IN THE ENVIRONMENT OF BUSINESS ENTITIES AND CRISIS MANAGEMENT

I have described the key issues of anti-crisis state intervention in my article below:

And what do you think about this?

What is your opinion on this matter?

Please answer,

I invite everyone to the discussion,

Thank you very much,

Best regards,

I invite you to scientific cooperation,

Dariusz Prokopowicz

Does the development of autonomous decision-making systems based on artificial intelligence and big data analytics in financial institutions improve transaction security and market stability, or does it increase the risk of unpredictable crashes?

Financial institutions are increasingly implementing technologies based on artificial intelligence and big data analytics for real-time decision-making, trade automation and anomaly detection. However, the growing dependence on autonomous decision-making systems raises concerns about possible algorithmic errors, lack of human control and the risk of stock market crashes caused by AI malfunctions.

The use of artificial intelligence in finance can result in significant improvements in the efficiency and transparency of transactions, but these systems are not without their flaws. Errors in AI models, unforeseen interactions of algorithms on stock exchanges or market manipulation can lead to destabilisation. Well-known cases such as the so-called flash crashes show that even small algorithmic errors can have catastrophic consequences. The question is therefore whether the development of autonomous financial systems should be strictly regulated or whether they should be given more freedom to optimise the markets.

Autonomous decision-making systems may improve transaction security and minimise the risk of financial fraud. However, over-reliance on algorithms can lead to unpredictable market fluctuations and increase the risk of financial crises. Therefore, appropriate regulations and supervisory systems can enable the safe use of autonomous technologies in finance.

I have described the key issues of the opportunities and threats of the development of artificial intelligence technologies in my article below:

OPPORTUNITIES AND THREATS TO THE DEVELOPMENT OF ARTIFICIAL INTELLIGENCE APPLICATIONS AND THE NEED FOR NORMATIVE REGULATION OF THIS DEVELOPMENT

The issue of the role of information, information security, including business information transferred via social media, and the application of Industry 4.0/5.0 technologies to improve systems for the transfer and processing of data and information in social media is described in the following articles:

THE QUESTION OF THE SECURITY OF FACILITATING, COLLECTING AND PROCESSING INFORMATION IN DATA BASES OF SOCIAL NETWORKING

APPLICATION OF DATA BASE SYSTEMS BIG DATA AND BUSINESS INTELLIGENCE SOFTWARE IN INTEGRATED RISK MANAGEMENT IN ORGANISATION

The importance of Big Data Analytics technology in business management

Growing importance of ICT, Industry 4.0 and Big Data Analytics as key determinants of the development of The Financial Industry 4.0

Business Intelligence analytics based on the processing of large sets of information with the use of sentiment analysis and Big Data

The Big Data technologies as an important factor of electronic data processing and the development of computerised analytical platforms, Business Intelligence

The Technological Solutions Big Data and the Importance of Business Analysis According to the Business Intelligence Formula

And what do you think about this?

What is your opinion on this matter?

Please answer,

I invite everyone to the discussion,

Thank you very much,

Best regards,

I invite you to scientific cooperation,

Dariusz Prokopowicz

The Covid-19 pandemic has resulted in the acceleration of the digitization and Internetization of various aspects of the business activities of companies and enterprises, Internet-implemented processes for the sale of products and services, Internet-implemented payments and settlements, Internet-implemented marketing communications with customers, and so on. Much earlier, in the 1990s, in some countries, the first companies began to develop their business activities, including the sale of certain products and/or services via the Internet, the first Internet businesses began to operate, Internet startups, dotcoms growing rapidly, portals offering Internet information services, earning money from the sale of Internet advertising, and so on. At that time, electronic banking was already developing rapidly, offering its banking services remotely, first to institutional clients, and then to individual clients, to citizens. Electronic banking initially providing remote banking services in the form of so-called home banking, and then at the turn of the century transformed into online banking and then into mobile banking. Successively, therefore, the electronification, digitization and Internetization of banking is progressing year by year. In some countries, as early as the late 1990s, there were already considerations about the future of Internet banking development. The possibility of a full transition of banking to online banking was considered, as well as the full replacement of money existing in traditional form, i.e. in the form of banknotes and coins, to the form of electronic money. Already at that time there were theories suggesting that soon, in a few years, all banking will become Internet banking, that physically existing bank branches will disappear completely, physically existing money will disappear from citizens' wallets and will be completely replaced by its electronic counterpart. A continuation of this kind of considerations is the transition of central banks to a kind of form of electronic central banking and the replacement of traditional money with digital currency generated and introduced into the economy by central banks within the framework of shaped monetary policy. In a situation where the progressive processes of digitization and internetization would also apply to central banking then monetary policy could also be subject to these processes. Well, during the Covid-19 pandemic, there was also an increased interest in the development of central bank digital currencies (CBDCs) in some countries. Some countries have attempted to introduce digital currencies of central banks. An interesting issue is the possibility of involving Blockchain technology in the development of systems based on central banks' digital currencies, which could ensure a high level of security for these digital currencies. However, both the positive aspects of the introduction of central banks' digital currencies for the formation of monetary policy, which would also be implemented more digitally, are still not fully recognized. The negative aspects of the introduction of financial systems and their development based on central banks' digital currencies are also not diagnosed. It is not fully explored what new risks in financial markets can be generated by the introduction of central banks' digital currencies. It is not known how the introduction of digital currencies of central banks could affect the stability of financial systems, the situation in financial markets and the macroeconomic stability of the economy as a whole.

I have described the key issues of the central banking problem in my articles below:

Synergy of post-2008 Anti-Crisis Policy of the Mild Monetary Policy of the Federal Reserve Bank and the European Central Bank

Analysis of the effects of post-2008 anti-crisis mild monetary policy of the Federal Reserve Bank and the European Central Bank

A safe monetary central banking policy as a significant instrument for liquidity maintenance in the financial system

ACTIVATING INTERVENTIONIST MONETARY POLICY OF THE EUROPEAN CENTRAL BANK IN THE CONTEXT OF THE SECURITY OF THE EUROPEAN FINANCIAL SYSTEM

Anti-crisis state intervention and created in media images of global financial crisis

I invite you to get acquainted with the issues described in the above-mentioned publications and to scientific cooperation in these issues.

In view of the above, I address the following question to the esteemed community of scientists and researchers:

What do you think about this topic?

What is your opinion on this issue?

Please answer,

I invite everyone to join the discussion,

Thank you very much,

Best wishes,

Dariusz Prokopowicz

Traditional approaches to forecasting financial markets often rely on time-series algorithms to analyze candlestick chart data. I am exploring the potential of computer vision techniques to directly identify and classify complex patterns in candlestick charts.

Specifically, I am looking for:

Any shared experiences, references, or suggestions on how to effectively implement this approach would be greatly appreciated!

The main purpose of a central bank's activities is to take care of the value of money, its stability against other currencies and the security of the banking system. However, since the 1970s, since the period of the rise of monetarism developed in accordance with Milton Fredman's concept of monetarism, the increase in the scale of economic globalisation, the transition of international monetary systems from the USD-based system, the system established after the Second World War in Bretton Woods to a system of free market exchange rates, the abandonment in the USA of gold parity with the USD currency, the growth of multinational corporations, the increased importance of speculative financial transactions carried out on foreign capital markets, including securities markets, etc. Central banks are also involved in the processes of stabilising the economy as part of anti-crisis programmes and protecting national labour markets, with the aim of limiting the scale of the increase in unemployment. In some countries, these new, additional central bank functions are added to the legal regulations shaping the functioning of the central bank. In some countries, the issue of linking the central bank's monetary policy is implemented informally.

For years, the central bank in Poland has also been conducting speculative transactions on international financial markets using various currencies and securities. For many previous years, the bank generated a net profit of PLN 9-10 billion of which 95 per cent of this profit was transferred to the state budget by the politically connected central bank to the government, instead of feeding the central bank's reserves and increasing the security of the financial system. For 2021, the central bank in Poland, i.e. the National Bank of Poland, generated as much as PLN 11 billion in net profit thanks to speculative transactions on the international financial markets, almost all of which went to the state budget rather than to central bank reserves, as usual. The annual profit generated by the central bank in Poland until 2021 was a consequence of, among other things, the monetary policy pursued by the bank, which consisted in successive depreciation of the domestic currency PLN against other currencies. However, for 2022, the National Bank of Poland unexpectedly raked in a historically record loss of PLN 17 billion. Could it be that the speculative transactions carried out in 2022 on the international financial markets turned out to be wrong this time? In addition, another key question arises: to what extent will this kind of situation result in a decrease in the level of security of the entire banking system?

In view of the above, I address the following question to the esteemed community of scientists and researchers:

And what is your opinion on this?

What is your opinion on this subject?

Please respond,

I invite you all to discuss,

Thank you very much,

Best wishes,

Dariusz Prokopowicz

Financial markets are platforms where individuals trade various financial instruments. it is divided into the following categories: the capital market and the money market. under the capital market are the bond market which is the government securities traded for a long term. and also the stock market which involves the trading of shares either from a primary or secondary market. Under the money market are the Repo markets which are also known as the overnight markets and also the Forex markets.

over the years, people remain ignorant about this information. how would a country, especially a developing country use financial markets to increase economic growth?

Dear Prospective Researcher,

I am seeking a Research Assistant who can commit 3 hours daily to projects related to corporate finance and/or financial markets. The ideal candidate should have a minimum of 2 SSCI articles as main author in the relevant domain.

Best regards,

Is any validated questionnaire available to measure "House money effect" bias in the financial market (Likert scale)?

As the indebtedness of the state's public finance system has increased in many countries in recent years, it is increasingly important to consider what categories of risks this may lead to. The increase in the indebtedness of the system of state public finances has occurred mainly in connection with, on the one hand, objective factors such as the occurrence of financial and economic crises that are difficult to predict in advance, and, on the other hand, is the result of misguided economic policies, mistakes made in the framework of the management of the system of state public finances, the formation of the central budgets of the state and/or the financial budgets of local government units, the budgets of state public institutions, etc. Mistakes made in the framework of the formation of fiscal policy are due to, among other things, the mismatch of the expenditure side with the revenue side of the state budget and the specific structure of budget expenditures and receipts. On the other hand, the extent to which the mistakes made will manifest themselves and generate problems in public finances and the financial risks resulting therefrom is also largely likely to result from the economic and financial crises that are appearing with increasing frequency. Over the past few decades of time, the frequency and scale of emerging economic, financial, energy and other crises have been steadily increasing. The financial crisis of the late 20th century generated by the overvaluation and stock market crash of Internet dotcom stocks. Then the global financial crisis of 2008 derived from overly lax monetary policies, overly relaxed mortgage lending policies and moral gambling by financial institutions involved in the process of financing these loans carried out mainly through the issuance and sale of subprime bonds. After a little more than a decade, a pandemic economic crisis emerges in 2020, which is originally derived from the occurrence of panic in the capital markets, when the World Health Organization on March 11, 2020 declares the Covid-19 pandemic state and then the economic crisis and recession of the economy is aggravated by the introduced lockdowns imposed on economic entities operating in selected, service sectors of the economy and the so-called national quarantines also introduced in some countries. During the Covid-19 pandemic in some countries, in order to limit the scale of the increase in unemployment, historically record amounts of added money were introduced into the economy, which is described as a kind of interventionist financial anti-crisis measure. However, the inevitable result of this kind of ultra-lenient fiscal policy and at the same time the relaxed monetary policy also applied at the time with interest rates lowered by central banks was a strong increase in inflation. The increase in inflation caused an increase in the cost of economic activity and a decrease in the economic process activity of companies and enterprises. Then anti-inflationary central banks raised interest rates. The result was an increase in the cost of borrowed money in loans, advances and Treasury debt securities. This then generated a significant decline in the level of investment in many sectors of the economy, a process that worked most rapidly and on the largest scale in the cyclical sectors, i.e., the housing sector, for example. The decline in investment in the housing sector was also associated with a decline in the creditworthiness of potential borrowers interested in buying an apartment or house on credit. In 2022, there was an energy crisis, which was initially inspired by the outbreak of war in Ukraine and then by a strong increase in energy commodity prices. The energy crisis was particularly profound in those countries where, as in Poland, for example, the processes of green energy transition were carried out on a limited scale resulting in energy generation still from conventional combustion energy based on burning fossil fuels, mainly coal and/or lignite. The result of the economic crises of 2020-2022 was the occurrence of economic recession in a large part of the countries in the first half of 2023. During all these crises, many countries anti-crisis increased spending from the state's public finance system, and this despite the decline in tax revenues to the state budget. Thus, the obvious result of these processes and anti-crisis state financial interventionism was an increase in debt in the public finance systems of many countries. By 2024, in some countries, inflation had fallen around the inflation target and the rate of economic growth began to slowly recover from crisis and recessionary levels. However, the level of debt growth in a country's public finance system has been particularly high during this period, and it will probably take many years to reduce this level of debt to a level considered safe on an indicator basis (3 percent budget deficit to GDP and 50 percent public debt to GDP) even with certain restrictive fiscal policies and tightening monetary policy. The key issue of the problem of the growth of the debt of the public finance system of the state is that it is not a current problem, but, first of all, it is a prospective problem, the scale of which will grow in the future over the next decades of time, and not only in underdeveloped and developing countries but also in highly developed countries. The reason is the progressive process of changes in the demographic structure of society commonly referred to as population aging. Therefore, in the future, the scale of the risk of an increase in the indebtedness of the system of public finances of the state, the occurrence of a debt crisis of public finances and the deconstructive action of this process will unfortunately increase.

I have also described many of these above-mentioned aspects in my publications posted on my profile of this Research Gate portal.

I am researching this issue. I have published the results of my research in several publications, including the following chapters in a monograph:

“Recent economic crises and the prospective climate crisis of the 21st century and the green transformation of the economy” (Recent economic crises and the prospective climate crisis of the 21st century and the green transformation of the economy).

“Economic and financial crises in the 21st century and the anti-crisis state interventionism that prevents them” (Economic and financial crises in the 21st century and the anti-crisis state interventionism that prevents them)

The key issues of the problematic sources of Poland's exceptionally deep energy cross in 2022 are described in my co-authored article below:

POLAND'S 2022 ENERGY CRISIS AS A RESULT OF THE WAR IN UKRAINE AND YEARS OF NEGLECT TO CARRY OUT A GREEN TRANSFORMATION OF THE ENERGY SECTOR

I described the issue of the importance of activating entrepreneurship and innovation of business entities for economic development in the article:

In view of the above, I address the following question to the esteemed community of scientists and researchers:

What do you think about this topic?

What is your opinion on this issue?

Please answer,

I invite everyone to join the discussion,

Thank you very much,

Thank you,

Best regards,

Dariusz Prokopowicz

Hi

I am trying to run TVP VAR model by Antonakakis, N., Chatziantoniou, I., & Gabauer, D. (2020). Refined measures of dynamic connectedness based on time-varying parameter vector autoregressions. Journal of Risk and Financial Management, 13(4), 84. and Spillover Asymmetry Measure (SAM) model by Baruník, J., Kočenda, E. and Vácha, L., (2016) Asymmetric connectedness on the U.S. stock market: Bad and good volatility spillovers Journal of Financial Markets, 27, 55–78.

I am not able to understand the codes given in the help section in R studio. It would be a great help if anyone can assist me in this regard.

Thanks

Pratibha

Research scholar

I want the data on India VIX (Volatility Index), Bank NIFTY, NIFTY 50 and some other India Stock market data for my research.

However, on the NSE website I can find only data since 2013.

When I check into historical data, it shows no data available.

Any help would be appreciated.

Researchers of financial markets in India- please help.

Is this universally true: "Nuclear Uncertainty Threaten Financial Markets? The Attention Paid to North Korean Nuclear Threats and Its Impact on South Korea's Financial Markets... Moreover, the investor attention paid to the nuclear risk reduced stock prices, especially in the banking industry, during the entire sample period" (https://onlinelibrary.wiley.com/doi/abs/10.1111/asej.12142, First published: 25 March 2018).

If it was not, how about working together for being updated?

Write your own opinion to make the article for better understanding

If so can we apply the approach for Market Regime Detection?

Market regime detection is an important problem in finance, as it involves identifying shifts in the behavior of financial markets over time. Understanding these shifts can help investors to manage risk and develop more effective trading strategies. The research paper "Causal deconvolution by algorithmic generative models" describes a method for inferring causal relationships between variables using algorithmic generative models. This study proposes to apply this method to the problem of market regime detection, with the aim of identifying causal relationships between different market variables and detecting changes in market regimes.

First of all, what is the most optimal way to represent market information in a cell configuration?

Then, how do we auto-discover and extract features from such space-time diagrams?

I am seeking professional input on addressing climate change. In my work, I have seen decades of debate or hesitation of buy in by financial markets to actually address the main problem at play: the anthropogenic over-production of carbon dioxide and destruction of planetary carbon sinks. When we address this anthropogenic problem we say human-caused climate change or global warming or climate crisis. So far, despite saying we need to change, little action, especially in finance, takes place, especially on the scale needed. Often, the problem itself is too confusing and too large of a problem to really tackle a solution that is obvious and measurable.

My scope of work is looking at changing the common vernacular use of climate change to address the exact problem at hand: the anthropogenic over-production of dissolved CO2 gas into the atmosphere and destruction of planetary carbon sinks. The goal is to call that Global Carbon Crisis vs. what we have been calling it with confusion, climate change. After all, climate change has been an ongoing, natural process since the advent of polar ice caps.

The additional piece I am looking to address is the effective measurability which is already an infrastructure in place, called the Global Carbon Index. Essentially measuring a specific location CO2 production by contrast to overall global production at time of measurement.

What I am hoping to accomplish is a discussion if climate change to address this real problem should be used any more and why or why not. Also, to discover if fellow researchers feel this work is warranted to develop a systematic means to solve this difficult problem to assist buy in with financial incentives by using a defined unit of measure, the Global Carbon Index, to incentivize or discourage current production.

On Monday 13.03.2023, the situation shaping the capital markets was influenced by the developing news in many media that one of the largest banks in the USA, i.e. Silicon Valley Bank, had declared bankruptcy. The collapsed SVB bank was taken over by the state-owned Federal Deposit Insurance Corporation (FDIC, Federal Deposit Guarantee Corporation) on Friday 10.03.2023 after the bank was unable to pay out money to customers withdrawing their deposits in a panic. SVB is the 16th largest bank in the US and has served a significant proportion of Silicon Valley startups, companies and funds. Silicon Valley Bank was the largest collapse in the banking sector since the 2008 Lehman Brothers collapse and the onset of the 2007-2009 global financial crisis. At the end of 2022, SVB had more than $209 billion in assets. But the collapse of Silicon Valley Bank (SVB) is not the end of the problems in the financial markets. On Monday 13.03.2023, news hit the media that another bank is failing. Customers worried about their deposits also called many of their other banks to check that their money was safe. This second spectacular failure in the financial system is New York's Signature Bank, which was shut down by state market regulators on Sunday. According to the Reuters news agency, this is the third largest bank failure in US history. It is also another spectacular bankruptcy of a major financial institution overseas in just a few days. New York-based Signature Bank is a US financial institution that, at the end of 2022, had customer deposits worth almost USD 89 billion and USD 110.36 billion in assets. According to published official figures, almost a quarter of these funds came from cryptocurrencies. This raises a key issue to be resolved regarding the extent to which credit procedures and the credit risk management process at financial institutions have improved over the last 15 years, i.e. after the onset of the 2007-2009 global financial crisis. I have described the determinants and root factors of the 2007-2009 global financial crisis, including the mistakes made in credit risk management, in my articles on this issue, which I posted on my profile of this Research Gate portal after publication. I would like to invite those conducting research on this issue to join me in research collaboration on issues and factors for improving the credit risk management process in financial institutions.

In view of the above, I would like to address the following questions to the esteemed community of scholars and researchers:

What do you think about this topic?

What is your opinion on this subject?

Please respond,

I invite you all to discuss,

The following articles are related to the above issues in some respects:

Comparisons of the monetary policy of the central banks of the Federal Reserve Bank and the European Central Bank and the National Bank of Poland

ACTIVATING INTERVENTIONIST MONETARY POLICY OF THE EUROPEAN CENTRAL BANK IN THE CONTEXT OF THE SECURITY OF THE EUROPEAN FINANCIAL SYSTEM

Analysis of the effects of post-2008 anti-crisis mild monetary policy of the Federal Reserve Bank and the European Central Bank

Synergy of post-2008 Anti-Crisis Policy of the Mild Monetary Policy of the Federal Reserve Bank and the European Central Bank

Determinants of credit risk management in the context of the development of the derivatives market and the cyclical conjuncture economic processes

IMPROVING MANAGING THE CREDIT RISK IN CONDITIONS SLOWING ECONOMIC GROWTH

THE IMPLEMENTATION OF AN INTEGRATED CREDIT RISK MANAGEMENT IN OPERATING IN POLAND COMMERCIAL BANKS

Importance and implementation of improvement process of prudential instruments in commercial banks on the background of anti-crisis socio-economic policy in Poland

GLOBALISATION AND NORMATIVE DETERMINANTS OF THE IMPROVEMENT OF BANKING CREDIT RISK MANAGEMENT IN POLAND

I invite you to collaborate with me on research projects.

Thank you very much,

Warm regards,

Dariusz Prokopowicz

in most of studies in financial market, risk management and pricing, the recherchers propose models and measurement techniques, and they do not construct assumptions and report variables like other quantitative studies.

They are the two schools of thought when it comes to analysing financial markets

In the past, already since the commodity crises of the 1970s, the period of the beginning of the development of various new types of derivatives, the increase in the scale of deregulation and liberalization of the operation of financial markets, the change of international monetary systems through the replacement of the Bretton Woods system with free exchange rate systems, the scale of instability in financial markets, including capital markets, currency markets, stock exchanges has increased significantly. During the global financial crisis of 2007-2009, data emerged confirming the facts of speculative activities by some investment banks, which increased the scale of development of the aforementioned crisis. Also, at the beginning of March 2020, when the World Health Organization declared the state of the global epidemic, i.e. the so-called SARS-CoV-2 (Covid-19) coronavirus pandemic, this fact also triggered a strong increase in the volatility of asset valuations in the capital markets. When new events suddenly appear that generate uncertainty, fear then financial risks, credit risks, currency risks, liquidity risks, debt risks, etc.increase, which causes an increase in volatility in financial markets. Institutions that take advantage of this kind of situation, institutions that have sensitive information, use this kind of information and, on the basis of this information, carry out insider trading in certain capital markets are an example of imperfect functioning of financial markets. Such instances of imperfect functioning of financial markets, including capital markets, should be detected and limited by institutions established for this purpose, such as the Securities Commission, the Financial Supervision Commission, the Banking Supervision Commission, etc. The functioning of financial markets should be improved, and the rules, standards and procedures of individual institutions and segments of financial markets should be perfected. When it is the so-called small, small stock market investors then it is assumed that this is a positive factor in ensuring a certain level of liquidity in the capital market. However, when transactions are carried out by large financial institutions, including banks and investment funds with the involvement of large financial resources in an amount, for example, comparable to the value of the state budget of a small country, then there are quandaries about the possibility of deliberate not only exploitation of situations of instability in financial markets, but also about possible actions that amplify or even inspire these instabilities. For example, military actions and failures of critical infrastructure installations, high-risk system infrastructure, energy sector infrastructure can be factors that cause a significant increase in asset price volatility in capital markets, including energy commodity prices on commodity exchanges and securities prices on stock exchanges. A recent example would be failures, perhaps sabotage actions carried out on pipelines filled with natural gas causes destabilization in energy commodity price markets. This causes the currencies of small economies, i.e. Poland, for example, to fall. In addition, a significant increase in interest rates on the currencies of large economies like the US and the EU increases the scale of the decline in the currency of a small, developing economy and one that is highly exposed to the energy crisis. In addition, the war in Ukraine is taking place next to Poland. In addition, large, internationally operating investment banks can take advantage of this situation to conduct profitable speculative transactions using currencies characterized by a high level of exchange rate volatility and susceptibility to certain defined influencing factors. A decline in the exchange rate of the Polish national currency PLN will cause additional difficulties in the central bank's anti-inflationary, interventionist monetary policy. The topic of the need to improve the issues of the functioning of financial markets, including the improvement of the rules, standards and procedures for the operation of individual institutions and segments of financial markets is still relevant.

In view of the above, I address the following question to the esteemed community of researchers and scientists:

What are your thoughts on this topic?

What is your opinion on this issue?

Please answer,

I invite everyone to join the discussion,

Thank you very much,

The following articles are related to the above issues in some respects:

Comparisons of the monetary policy of the central banks of the Federal Reserve Bank and the European Central Bank and the National Bank of Poland

Analysis of the effects of post-2008 anti-crisis mild monetary policy of the Federal Reserve Bank and the European Central Bank

ACTIVATING INTERVENTIONIST MONETARY POLICY OF THE EUROPEAN CENTRAL BANK IN THE CONTEXT OF THE SECURITY OF THE EUROPEAN FINANCIAL SYSTEM

IMPACT OF THE CORONAVIRUS PANDEMIC (COVID-19) ON FINANCIAL MARKETS AND THE ECONOMY

CRISES IN THE ENVIRONMENT OF BUSINESS ENTITIES AND CRISIS MANAGEMENT

Anti-crisis state intervention and created in media images of global financial crisis

THE POST-COVID RISE IN INFLATION: COINCIDENCE OR THE RESULT OF MISGUIDED, EXCESSIVELY INTERVENTIONIST AND MONETARIST ECONOMIC POLICIES

I invite you to collaborate with me on research projects.

Warm regards,

Dariusz Prokopowicz

What is the technique which I use to convert the annual ESG score data to (Monthly, weekly, or daily data) with good accuracy?

AND how can I apply via Python?!

Though it has been a few decades since Chaos Theory made its way into Economics and Finance through the works of Baumol & Benhabib, Alison Butler, David Levy, Philip Mirowski, Michael McKenzie, Robert Gilmore and Blake LeBaron

(among others), it is observed that most of the mainstream economics and finance journals are reserved towards publishing empirical papers on chaos in financial markets. Publications to this end are very few and most of them are published in a handful of journals.

As I am looking forward to write empirical papers examining the evidence of chaos in commodity markets, I wish to know the odds of my work seeing the light of the day. Any useful suggestion/information in this regard would be highly appreciated.

About Lend Tech (Lending Technologies) as one of the Fin Tech sections, do you know an article or scientific report to introduce? To discuss and conclude on the following topics.

Ways of developing Lend Tech, its effects, Its dimensions, Difficulties, challenges, opportunities it can create in the financial market, its effects on investment and so on.

thanks.

When we forecast financial markets (such as stock returns), we may use a variable without transformation (i.e., level). However, a growing body of research uses first difference, log difference, regression residual, regression slope, and time trend instead of the level. That is, markets react to new or future information (innovations) instead of the expected information (such as the level). Please provide more explanations and discussions.

i have to compute the average return of Nifty-50 Index of indian stock market for the financial year april,2016 to march,2017.

i calculated daily returns and took the average of the daily returns. but, it is just 1.34% because, abnormal positve and negative returns during the period

How to prepare a smoothened series of nifty returns and to compute year average of the index.

thanks in advance

In my current research, I'm trying to describe the thinking of the people during the financial crack of 1929 in the united states, mainly in the times where the stock market bubble began its gestation.

Hello, is there any way to obtain the Kyle lambda or a price impact parameter starting from the bid-ask spread if the traded volumes are not available? Unfortunately Refinitiv does not offer the OTC transactions data. Therefore, for corporate bonds we have plenty of information on bid-ask spread, but most of them have no volume. I am aware of the Back and Baruch (2004) paper (https://www.jstor.org/stable/3598909), however it gives an approximation of the Kyle lambda using the bid-ask spread when volumes are known.

Thanks a lot

I am learning ml, data science for data crunching of financial market data for my trading in financial market . I want to make a terminal which takes live data from NSE and do certain task(some calculation , graph representations ,ml model to run on data )but don't know is it possible with ml and python or have to go through whole software development road . so pls help me to figure out what i need to learn for this and how to do this .

Respectfully

Does the influence, type, scope of economic and economic information on the current situation on the financial markets and the condition of macroeconomic determinants describing the entire economy and how they are presented in the media can have a significant impact on investors, especially the so-called small investors, including households, on investment decisions made on the capital markets and thus on the future situation on these markets?

The key issue is social psychology, the psychology of investors operating on capital markets, the ability to influence stock market trends by providing key information in the media on the macroeconomic situation of the country and information provided by rating agencies, large banks and investment funds, central banks, financial supervisors, research institutes and government agencies.

Is it possible to use the available classic and new media, including the Internet by large commercial financial institutions for their own needs, eg attempt to trigger certain changes in stock exchange trends by providing economic information to the media that may affect investment decisions made by investors?

Are there known, diagnosed, investigated such situations?

Do you agree with my opinion on this matter?

In view of the above, I am asking you the following question: Can economic news in the media influence the psychology of investor behavior in the capital markets?

Please reply

I invite you to the discussion

Thank you very much

This issue is described in the following publication:

I invite you to discussion and cooperation.

Best wishes

What kind of scientific research dominate in the field of global financial crisis?

In my opinion, globalization is leading to the Integration of Business Cycles.

In this way, globalization may deepen economic crises, including the global financial and debt crisis. An example was the global financial crisis, which appeared in mid-September 2008.

At that time bankruptcy was announced by one of the largest investment banks in the world.

As a result of unreliable credit risk management procedures, billions of USD of financial losses have been generated.

It turned out that the unwritten rule no longer works, that "big can not fall". However, it is the emergence of ever larger international corporations and financial institutions that is one of the main determinants of the processes of economic globalization that have been progressing in recent years these processes continue.

(The continuation of these considerations can be found in the comments below).

Do you agree with my opinion?

Please reply

I conduct research in key aspects of this issue. The results of these tests are described in the following publications:

I invite you to discussion and cooperation.

Best wishes

Is the globalization of information related to the growing share of the Internet in the global dissemination of information on the situation on financial markets also related to economic globalization?

Dear Researchers, Scientists, Friends,

Key determinants of the impact of economic and informational globalization on international financial markets include the liberalization of capital flows, the deregulation of financial markets, and technological advancements in telecommunications and information technology, which have lowered transaction costs and increased the speed of information flow. Development factors include the growth of cross-border investments, the integration of financial markets, the emergence of new financial instruments, and the increase in the number of international financial institutions. Conditions for stability and efficiency include the harmonization of financial regulations at the international level, effective supervision of markets and financial institutions, and the transparency of capital flows. Problems include increased exchange rate volatility, the risk of contagion from financial crises, speculative capital flows, regulatory challenges related to financial innovations and dark pools, and the potential increase in inequality between countries. New research areas focus on the impact of fintech and cryptocurrencies on global capital flows, the role of artificial intelligence in algorithmic trading and market stability, the consequences of geopolitical fragmentation for financial markets, and the significance of sustainable finance and ESG investments in the context of global capital markets.

What is your opinion on this issue?

Please reply

Thank you very much

Dear Friends and Colleagues of RG

I invite you to discussion and cooperation.

Thank you very much

Best wishes,

Dariusz Prokopowicz

What kind of information in the field of financial market psychology is in your opinion the most important, which should be taken into account when conducting technical analyzes of the valuation of securities listed on the stock exchange in order to achieve the best results from investing activities?

Please reply

Best wishes

Could you please explain it in simple words in terms of trade competitiveness pressure, multinationalization of production and integration of financial markets. Also, exchange rates of state's currency.

Hi everyone! I would like to write my bachelor's thesis on a topic that's currently relevant in the sphere of finance, marketing or computer science (or if it's possible a topic concerning all the three fields of interest). Those fields are the same upon which my bachelor is based (Bachelor of Science in Economics, Management and Computer Science).

I've some broad ideas about the topics, for example: the link between brand equity and financial performance; the effects of aggressive marketing on financial markets; the new generation of traders (covid has increase the number of retail investors with no previous experience); machine learning applied to behavioral finance (I really enjoy those last two topics but have no idea on how to connect them).

Obviously any kind of suggestions, regarding new topic (broad or specific) or the development of cited ones would be greatly appreciated.

Thank you in advance!

Hello,

I am estimating a time series of S&P 500 stock returns from 2013-2020 (monthly data) with OLS (specifically using CAPM, Fama French 3-factor and Cahart 4-factor models).There is a structural break in March (big fall in the stock prices) and April (big rise in stock prices) in 2020 because of the uncertainty on the financial markets. The dependent variable is monthly stock returns. I have tried to include dummy variables (one for the downturn and one for the up turn) to go around the problem with the structural breaks, however they are not significant (or significant, but often with the wrong coefficient sign: positive sign when downturn in March and negative when upturn in April). The reason for this is that one of the independent variables in the model (market risk premium) already accounts for the big fall in March and the rise in April.

Now, it seems like it does not make any sense to include dummy variables in my case. However, I'm in doubt whether it gives my model any major problems that an already included independent variable (market risk premium) takes this into account? Is it fine just to estimate my model as it is, or does this structural break give any (major) problems (econometrically) that I don't account for?

Thank you very much in advance!

Sincerely,

Edin

The above discussion inspired me to the following considerations: Well, since the development of the deregulation process, the increase in the globalization of financial markets, the introduction to the financial markets of many derivatives without full supervision by financial supervision institutions, i.e. since the 1970s the frequency has increased and the scale of emerging financial and economic crises in various parts of the world. At the same time, perhaps the business cycles are increasingly influenced by the monetary policy of central banks and fiscal policies of governments mainly of the world's largest economies. The result may be a growing discrepancy, a growing disproportion between the macroeconomic situation and the situation of a particular national economy or global economy, including economic growth, etc., and the situation on capital markets, including securities markets.

What do you think about this topic?

What is your opinion on this topic?

Do you agree with me on the above matter?

In the context of the above issues, I am asking you the following question:

Please reply

I invite you to discussion

Thank you very much

Best wishes

I will be grateful for your answers. Or if you have any suggestions in the field of finance, banking.

Could you know what are Historical diseases / pandemics in the past reflected on Global economy and Financial markets in the past?

like Spanish influenza that spread in 1918 and reached peak in 1920 impacted on the global economy?

There were another pandemics in the past had significant impact on the global economy and/or financial markets ?

There were many and many pandemics (e.g., Ebola, SARS 2003, H1N1, .... etc)

So, which one or more of them have significant impact on Economy / financial market even globally or in specific countries (i.e., SARS 2003 impacted on China's Economy)

Kindly, Let's share and discuss

Thanks in advance

Ahmed

Does the global financial crisis of 2008 still have significant importance on capital markets attributed to behavioral psychology of the behavior of investors operating in these markets?

Are the determinants of behavioral investors' factors still strong in recent years on the largest stock exchanges in the world, including the importance of financial market psychology in interpreting changes in stock exchange trends in these markets?

Please reply

I invite you to the discussion

Thank you very much

Best wishes

Dear Community,

Could you please suggest to me some journals that study emergent countries and/or emergent financial markets ?

I thank you all in advance.

here I wanted to study each dimension of marketing efforts that online retailers use to reduce customers perceived risk categories as follows;

Financial marketing efforts like COD, payment options, least price guarantee, sales, discounts, buy one get two, etc

product/physical marketing effort like try and buy offer, no question return policy, quality assurance policy,etc

time/delivery marketing effort like fast delivery, order tracking, choice of delivery time,etc

here am I right to use term "marketing efforts" for those statements?

or can I get any measuring scale which can incorporate all prevailing offers that online retailers provide to their customers?

or how my study be designed to study those all offers and schemes by online retailers from how much they value to customers?

Do the significant revaluation of stock quotes on stock exchanges occurring every few or a dozen years is an objective specific feature of this type of financial market or rather it is imperfection of these markets resulting from too high a level of liberalization and deregulation of the mechanisms of these markets, including the reduction control functions of financial supervision institutions?

Since the 1970s, the functioning of individual segments of financial markets has been successively liberalized and deregulated, including primarily the issue of investment banking, international markets and exchange rate systems, rating agencies, financial adversity institutions and financial entities and instruments operating on the securities market. During this time, the scale of the re-valuation of valuations of securities, derivatives, commodities and other assets on the capital markets reached ever higher levels, then spectacularly transformed into a strong decline in these valuations leading to a financial and economic crisis. The last financial crisis in 2008 in many respects, including numerous negative aspects, generated the unruly records characterizing the highest level of investment risk and the scale of financial losses generated by many commercial financial institutions and industrial corporations, which then under the active, interventionist, anti-crisis monetary policy of banking were financed indirectly by public finance funds. Due to this cyclical nature of capital markets, characterized by the growing amplitude of economic fluctuations during periods of bull market and bear market at high levels of overvaluation and investment risk levels and deeper global financial and economic crises, large financial institutions, including investment banks, are becoming larger entities and costs neutralizing the negative aspects of crises is paid off by the whole society, especially by the relatively less-earning middle class.

In the light of the above, encouraging discussion, I turn to you with the following question: Has the time finally come to reform the functioning process and the system of financial markets by restoring former control functions of financial supervision institutions that have been abolished, reduced since the 1970s?

Are increasingly deep financial crises derived from the liberalization and deregulation of financial markets?

Please, answer, comments. I invite you to the discussion.

Application of Big data analytics in banking and financial markets

What are the possible factors that should be considered to explore the impact of COVID-19 on Financial markets and eventually on economy of a country.

How to measure the political situation of a country to understand its impact on the country's economy and financial market.

I need some panel data with some variables. Because I have to prepare for class projects. If someone gives panel data, I will be thankful to you.

Hi everyone,

I have a daily, hourly, and weekly dataset of a stock chart that consists of date and price.

I would like to develop a program that takes some part of the daily dataset for example (for example 20 days) and finds similar charts in hourly, daily, weekly, etc datasets for me. What I mean by similar is the shape of the chart, not the prices. For example, we may have the same pattern in $10-$100 as the $800-$1500. I think it's about the computer vision field.

I actually look for fractals in the charts, self-similar data. Cause I believe what's going on now, somewhere happened before.

I hope I explained my purpose clearly.

Could anyone please recommend appropriate tools to use or any good introductory books/websites/tutorials?

Thank You

There are main categories of financial markets like stock markets, bond Markets, sukuk, .. Etc

Kindly, could you write what are all other categories of financial markets with the main references which discuss the details of financial markets or something if them

Thanks for your kind consideration

Regards

Ahmed

We are looking at a pandemic that will have consequences both in the short and medium and long term. In particular, we need to understand the reaction of financial markets to an event that affects the whole world and not individual countries, as has happened in past years.

📷

I use Spectral Kurtosis and Kurtogram to study the turbulence of financial markets. I would like your advice concerning the intuition behind Spectral Kurtosis and Kurtogram.

- Financial Crisis

- Kurtogram

- Spectral Kurtosis

It is required to update the project of the Financial Market of the country.

Sometime our education system is working as sensex or NIFTY in financial market. After some years a mixed model emerges and we blindly follow it and do experiments in education and after few years, the person (mix model)may be outdated and we a mob or crowd follow new one?????

What is the potential channel through which monetary policy affects the risk and uncertainty in the financial market?

Do the responses of financial market risk and uncertainty respond to monetary policy differently in different monetary policy regimes?

The financial markets have crashed assuming the worst possible impacts on world economies. Is this an overreaction? Are we going to see mass unemployment and several years to recovery?

Esteemed colleagues,

I am working on a new project related to financial frictions. Since financial frictions refer to when financial markets are imperfect evidenced by tighter credit constraints can "lending rate" or "interest spread" be used as proxies?

I will appreciate constructive feedback and suggestions.

Thanks.

Ngozi

Addressing climate change stimulated international financial organizations and institutions to provide the necessary financing for green financing that tries to counter severe climate change and try to adapt to it.

Anyone expert in bussines studies who can guide me that what is the best way to get started in financial market bussines and how could I educate myself and as biginner what would be your advise to me that how could I take initiative in stock market business.

There is a really strange phenomenon in Chinese stock markets. When the regulation institution decides to get some new companies listed (it is noteworthy that IPO has to get permission from Securities Regulatory Commission in China), the stock market drastic falls and the Chinese investors sell out their stocks crazily.

Some argue that more stocks listed means that more money is needed by the market, but the supply is constant in the short term. So the stock price falls. But I don't think it explains well what we observe.

In connection with the use of computerized, automated transaction systems, does the scale of the issue of the psychology of securities markets decrease?

Please reply

Best wishes

Financial inclusion ... is a big concept ... that can give us a lot of indicators .... I think that indicator is linked to many variables

1- Financial stability

2 - The efficiency of financial markets

3. Sustainable development

Economic development

In addition to the determinants ........... waiting for your discussion

Do you prefer to run money in banks through deposit and get interest or invest money in financial markets through the available financial instruments?

are you interested in analysis of financial market? So let us know for you what is the best scientific method for capturing liquidity on financial market?

Why is the impact of financial institutions inclusion /access and efficiency is positive on Investment but the impact of financial markets inclusion/ access and efficiency is negative on Investment in many developing countries?