The shift from defined benefit to defined contribution superannuation schemes within developed countries has correspondingly increased the importance of retirement savings and investment plans. Variable annuities (VAs) with guaranteed minimum benefits (GMBs) are gaining in popularity as products that can meet the demands of the ageing population. However, guaranteeing policyholders a minimum level of return
Contact CMCRC for this article Author(s): Wei Liu, Sanjay Chawla
The recent high profile court cases in the U.S., UK and China on high frequency trading (HFT) have further elevated the concerns about HFT. In particular, a core issue in the ongoing debate is the impact of HFT on market liquidity. Market participants have long argued that the liquidity provided by HFT traders is illusory
Contact CMCRC for this article Author(s): Timothy De Vries, Sanjay Chawla, Hui Ke
Contact CMCRC for this article Author(s): Timothy De Vries, Sanjay Chawla
Contact CMCRC for this article Author(s): Nguyen Lu Dang Khoa, Sanjay Chawla
Contact CMCRC for this article Author(s): Meng Xu, Michael Bain
Contact CMCRC for this article Author(s): Chao Luo, Yanchang Zhao, Dan Luo, Yuming Ou, Li Liu
Contact CMCRC for this article Author(s): Yuming Ou, Longbing Cao, Chao Luo and Li Liu
Contact CMCRC for this article Author(s): Yanshan Xiao, Feiqi Deng, Bo Liu, Shouqiang Liu, Dan Luo, Guohua Liang