This is the only comprehensive UK-published guide to short-term trading, combining detailed reference information with the author's advice on strategy and tactics. Every serious trader in the UK needs this book - not a nice-to-have, but a must-have! The 10 key things you will learn: - Detailed description of the different trading platforms (SEAQ, SETS, SETSmm, SEATS Plus) on the London Stock Exchange. - How to deal inside the spread in market making stocks and get the best price. - How auctions work on the London Stock Exchange platforms. - The importance of direct market access for active traders. - The secrets of programme trading, index arbitrage and block deals. - How the cash, futures, lending and derivatives markets interact. - The secrets and risks of short selling. - Which directors' deals to follow and which are irrelevant. - How to make money from takeover situations. - Secret strategies from an established and successful trader.
A hands on guide to web scraping and text mining for both beginners and experienced users of R Introduces fundamental concepts of the main architecture of the web and databases and covers HTTP, HTML, XML, JSON, SQL. Provides basic techniques to query web documents and data sets (XPath and regular expressions). An extensive set of exercises are presented to guide the reader through each technique. Explores both supervised and unsupervised techniques as well as advanced techniques such as data scraping and text management. Case studies are featured throughout along with examples for each technique presented. R code and solutions to exercises featured in the book are provided on a supporting website.
As the country that inspires the world with ‘gross national happiness’ development philosophy, Bhutan is striving to pursue its economic growth while committing to its core values of inclusive and green development. Even with robust economic growth rates, Bhutan’s dependence on imports and hydropower revenues drives the country to search for self-reliant option to fuel the economy while further decarbonizing the economy. Electric vehicle is being explored as one of the key policies to introduce green mobility, reduce fossil fuel imports and put the country firmly on a green growth path. Globally, electric vehicles market and technology are still in the nascent stage but are developing rapidly. The automotive industry has adopted electrification as a pillar of future drive train technology. EV uptake is expected to increase significantly with ongoing improvements in technology and resulting cost decreases in the global market. This report aims to help Bhutan think through various technical and policy issues of introducing electric vehicles in its own context. It analyses a variety of factors that will impact adoption of electric vehicles from technical, market and financial feasibility to consumer awareness and stakeholders’ capacity. It also addresses several policy questions which are at the heart of public debate such as affordability of the government to undertake the program, economic costs and benefits, distributional impact, fiscal, and macroeconomic implications. Drawing from vast international experiences, the report examines in great technical details how global cutting-edge technology like electric vehicles could be pursued in the context of developing economies with different socio-economic characteristics and constraints compared to advanced economies. It will help readers better grasp the technical, financial, economic and social challenges as well as opportunities in initiating electric vehicles program and provide practical recommendations that will be useful for policy makers in designing their own EV initiative.
Modelling Single-name and Multi-name Credit Derivatives presents an up-to-date, comprehensive, accessible and practical guide to the pricing and risk-management of credit derivatives. It is both a detailed introduction to credit derivative modelling and a reference for those who are already practitioners. This book is up-to-date as it covers many of the important developments which have occurred in the credit derivatives market in the past 4-5 years. These include the arrival of the CDS portfolio indices and all of the products based on these indices. In terms of models, this book covers the challenge of modelling single-tranche CDOs in the presence of the correlation skew, as well as the pricing and risk of more recent products such as constant maturity CDS, portfolio swaptions, CDO squareds, credit CPPI and credit CPDOs.
Create world-class Zoho CRM solutions tailored to be a game changer for your business and transform the way you collect, manage, and use customer data Key FeaturesUnlock the full potential of advanced Zoho CRM features to supercharge your business solutionsCustomize your Zoho CRM solutions to achieve scalable and long-term customer engagementStreamline your entire business for digital transformation by integrating CRM with different Zoho products and applicationsBook Description Zoho CRM is one of the most user-friendly, configurable, and competitively priced CRM systems for managing all your customer relationships. When tailored effectively to your business, it empowers your team to work smarter and helps your business to achieve more profitable and scalable growth. This book will show you how to make the most of Zoho CRM to increase productivity. You'll start by learning about the foundation modules of Zoho CRM such as Leads, Deals, Contacts, and Accounts, and understand their functionalities that enable you to build effective solutions. Then, you'll explore innovative workflows that will help you to save time and make sure that your sales teams are proactively managing opportunities and clients. The book also focuses on Zoho Marketplace, as well as how to extend the functionality of Zoho CRM using custom functions. You'll cover real-world use cases that will inspire you to extend your Zoho adoption by integrating Zoho CRM with other Zoho apps such as Zoho Campaigns, Zoho Forms, Zoho Survey, and SalesIQ. Finally, you'll discover best practices for adapting and evolving your CRM solutions and maintaining your CRM to achieve continuous improvement. By the end of this CRM book, you'll have set up a CRM solution that will be fit for the next 10 years of business growth. What you will learnManage customer relationships and acquire new customers quicklyUnderstand the importance of Leads, Deals, Contacts, and Accounts modulesUse game-changing workflows and automation to manage opportunities and clientsExplore how custom functions can extend the functionality of your CRMIntegrate Zoho CRM with other Zoho apps such as Zoho Campaigns, Forms, Survey, and CreatorDiscover how to keep your CRM fit for the future and achieve continuous growthWho this book is for This book is for you if you're a business manager or a business owner interested in learning how the Zoho platform can help transform your business and are looking to gain a practical understanding of how to choose an app from the vast array of Zoho products. Whether you're new to Zoho or have basic experience and want to learn more about its features and apps, this book can help you. Expert Zoho users who want to develop custom solutions for their business will also find this book useful. Foundational knowledge of CRM concepts is expected to get the most out of this book.
This book prescribes rapid revolution in principal sectors of this African economy through radical paradigm changes. And the resultant comprehensive transformation will guarantee significantly higher productivities and double digit annual economic growth. Included in this paradigm shift is the joint reindustrialization of the African economy and the US ailing industries via a new Strategic trans-Atlantic Alliance modeled on the balanced Euro-US cooperation after World War II. But it first takes readers through a thorough evaluation of the familiar subject - corruption - which haunts Nigeria, the principal economy in the continent. The fundamental difference with other texts on the subject is that this book identifies the most debilitating variant of that corruption. That variant causes massive capital flight from a post-colonial "soft economy" that is neither capitalist nor socialist. The Nigerian corruption thrives on the native Philosophy of Commission hardened by intractable "tribalism" that coagulated and ossified with the imports substitution pattern preferred by European firms since independence. The book then proceeds to earn its priced revolutionary credential by inventing very novel scientific methods that will skillfully turn this insidious source of structural rigidity and arrested development into a force for economic growth. A new apex political leadership culture is recommended and to be fortified with a unifying lingua franca. An inter-ethnic marriage melting-pot is advised for intensified nigerianization of Nigerian youths at birth. Spiritual diversity is envisaged to significantly diminish religious intolerance and sectarian violence. Modern bureaucracy and inward-looking tourism are reformulated to reduce effervescent insecurity and minimize capital flight. The resultant economic stability will enlarge domestic/foreign investment inflow; and will reverse the current dis-industrialization, and massive job loss, and the conditions of under-full employment. Technological Functionalism, Economic pan-Africanism, and the Alternative Policy of Inputs Substitution are among the several brand new blueprints that this book offers for the extensive transformation of Africa's economy into the robust emerging economy that will rival its counterparts in India and China in the immediate future.
Biodiversity loss is one of the major resource problems facing the world, and the policy options available are restricted by inappropriate economic tools which fail to capture the value of species and their variety. This study describes in non-technical terms how cost-benefit analysis techniques can be applied to species and species loss, and how they provide a measure of the efficiency of conservation measures. Only when conservation can be shown to pass such a basic economic test, the authors claim, will it be incorporated into policies.;David Pearce has also written Blueprint for a Green Economy.
In this important new text, Holland seeks to explain, by means of social scientific and philosophical inquiry, the difficulties that researchers often experience when attempting to integrate knowledge from different academic disciplines, either individually or as part of a team of subject specialists. It is argued that the difficulty of integrating knowledge from different academic disciplines is the result of, firstly, an inadequate justification of the nature of scientific integration and differentiation and, secondly, the dominance of disciplinary specialization in scientific inquiry. By focusing on both the theoretical justification for, and the practical feasibility of, integrating knowledge through interdisciplinary research, this book asks what properties of reality make the integration of knowledge from different academic disciplines possible and to what extent it is feasible to integrate knowledge through interdisciplinary research within a traditional, disciplinary context. Accordingly the text is both philosophical and social scientific in content: philosophical in the sense that it presents a theory of causal determination, which will help researchers to understand how reality is both differentiated and interconnected; social scientific in the sense that it presents the results of three case studies of collaborative interdisciplinary research projects. The book is heavily informed by the philosophy of critical realism. The philosophical argument about the possibility of integration and specialization in science draws explicitly on some of the key concepts of critical realism – particularly those comprising the theory of ‘integrative pluralism’ – while critical realist assumptions underpin the social scientific argument about the causal influence of the social system of knowledge production. By exploring researchers’ conceptions of knowledge and of reality on the one hand and their decisions about what sort of knowledge to produce on the other, Holland shows how the difficulty of scientific integration is both a problem of knowledge and a problem of knowledge production. This book is essential reading for students and academics interested in the emerging topic of knowledge integration and interdisciplinarity.
Playing the REITs GAME. Asia's New real Estate Investment Trusts. A comprehensive guide to the history as well as detailing a thorough portrait of the fundamentals of the evolving REITs market in Asia. A wealth of information, this book highlights some of the winners, the losers, the shortfalls and the opportunities of this exciting and rewarding sector. It also provides an insight into the various regional markets and lists the REIT products available today. —Danny Mohr, Executive Director, REITs Asia, CB Richard Ellis REITs are fast becoming a growing force in Asia and this book explains what any investor needs to look for. Together with its well researched background to the evolution of REITs in Asia, it is also a fascinating read of industry professionals. —Guy Hollis, International Director, International Capital Group, Jones Lang LaSalle, Hong Kong A must-read for anyone interested in playing the REITs game in Asia. Well written, easy to read, comprehensive and yet concise. Case studies add color and flavor to the development of REITs in various Asian Countries. —Wen Khai Meng, Chief Executive Officer CapitaLand Commercial Limited CapitaLand Financial Limited The rapid growth of REITs has brought efficiency, liquidity and transparency to Asia's real estate markets. Dominic Whiting's book manages to capture the mood of investors and practitioners during this exciting period of change and gives a detailed blow-by-blow account of the story so far. Playing the REITs Game examines the sector from a wide variety of perspectives and will help introduce the sector to a wider audience. —Chris Reilly, CFA, Director of Property, Asia, Henderson Global Investors
Managing productivity and profitability in retailing has taken on a particular role since the onset of the recession of the late 1980s. Productivity can be improved simply by rationalising low performing stores, merchandise ranges and by reducing the number of suppliers and employees. However, this is not necessarily a long term solution. The purpose of this text is to propose a means by which a more proactive approach may be taken to improving both productivity and profitability. The book develops a model based upon management ratios typically used in retailing businesses for planning and control purposes. The model encourages the use of existing performance data to evaluate overall company productivity and profitability together with performance characteristics of individual functions. An additional feature of the approach is the facility to explore the impact of changes to the retail offer suggested by customer research responses. To facilitate the use of the concepts and the model used, a disk is also available, containing the application of the model to a number of the case studies and a facility for the user to input their own data.
This short book will explain DMA trading on the LMAX exchange. It will explain what DMA is, how it works, and how you can get the best out of it. You don't need to know anything about trading to read this book and even if you do have experience of trading, it should still help refresh your knowledge and introduce you to trading on LMAX. It will explain the basics of contracts for difference (CFDs) and DMA as well as how to trade in LMAX's marketplace. LMAX was created in order to give traders an alternative way of accessing markets.
In this paper, we study the optimal mix of monetary and macroprudential policies in an estimated two-country model of the euro area. The model includes real, nominal and financial frictions, and hence both monetary and macroprudential policy can play a role. We find that the introduction of a macroprudential rule would help in reducing macroeconomic volatility, improve welfare, and partially substitute for the lack of national monetary policies. Macroprudential policy would always increase the welfare of savers, but their effects on borrowers depend on the shock that hits the economy. In particular, macroprudential policy may entail welfare costs for borrowers under technology shocks, by increasing the countercyclical behavior of lending spreads.
This book reconstructs the life and workings of the Appianus estate in the Fayum district of Egypt under Roman rule in the third century AD. Basing his study on the extensive documentary evidence of the Heroninos archive, consisting of hundreds of letters and accounts on papyrus, Dr Rathbone examines the nature of rural society at the time.
Sub-Saharan Africa's natural resource-rich countries have poor human development. Children in these countries are more likely to die before their first birthday, more likely to be stunted, and less likely to attend school than children in other countries with similar income. Despite the current price downturn, extractives will remain an important part of Sub-Saharan Africa's growth story—using resource rents wisely remains a long term challenge. Governments must choose how to allocate resource rents between spending, investing in human or physical capital, or investing in global financial assets. The return to investing in physical and human capital will be high in countries where the capital stock is low. Moreover, higher levels of human capital make investments in physical capital more productive, which suggests that the optimal portfolio will involve investing in both. Human capital should be prioritized in many of Sub-Saharan Africa’s resource-rich countries because of the low starting point. Investing effectively in human capital is hard because it involves delivering services, which means coordinating a large number of actors and activities. Three dimensions of governance are key: institutions, incentives and information. Decentralization and leveraging the private sector are entry points to reforming institutional structures. Revenues from natural resources can fund financial incentives to strengthen performance or demand. Producing information, making it available, and increasing social accountability helps citizens understand their rights and hold governments and providers accountable. Improving the quality of education and health services is central to improving human capital. Two additional areas are promising. First, early child development—mother and newborn health, and early child nutrition, care, and education—improves outcomes in childhood and later on. Second, cash transfers—either conditional or unconditional—reduce poverty, increase household investments in child education, nutrition, and health, and increase the investment in productive assets which foster further income generation.
In this eBook, you will learn how it can be possible to: - anticipate future price movements using charts and the LMAX order book; - ride very short-term momentum in the market; - set prices on LMAX; and - use fundamental information to make trading decisions.
From the invention of the alphabet to the explosion of the internet, Dominic Wyse takes us on a unique journey into the process of writing. Starting with seven extraordinary examples that serve as a backdrop to the themes explored, it pays particular attention to key developments in the history of language, including Aristotle's grammar through socio-cultural multimodality, to pragmatist philosophy of communication. Analogies with music are used as a comparator throughout the book, yielding radically new insights into composition processes. The book presents the first comprehensive analysis of the Paris Review interviews with the world's greatest writers such as Louise Erdrich, Gabriel Garcia Márquez, Ted Hughes, and Marilynne Robinson. It critically reviews the most influential guides to styles and standards of language, and presents new research on young people's creativity and writing. Drawing on over twenty years of findings, Wyse presents research-informed innovative practices to demonstrate powerfully how writing can be learned and taught.
The BBC1 consumer affairs programme Don't Get Done, Get Dom is now in its fourth series, and has over 1 million regular viewers. The show is aired morning weekdays on a six-week run. Consumer rights champion Dominic Littlewood takes on big companies and stands up for the man in street when they've been short-changed. Dom brings his expertise in buying and selling and man-on-a-mission energy to this book, laying down some easy-to-follow principles that will help people to find bargains, negotiate the best deals and beat the credit crunch. It is full of sound advice for making the most of your money and encapsulates the techniques Dom has perfected in his years as a haggling hero. This timely and much-needed book will appeal not only to viewers of the show but to all money-conscious consumers.
A practical guide to the principles and methods of cost analysis as a managerial tool for improving the efficiency of hospitals. Addressed to managers and administrators, the manual aims to equip its readers with the knowledge and skills needed to calculate the costs of different activities or departments, analyse their significance, and use this information to manage resources wisely. Throughout, recommendations and advice are specific to the different purposes of cost analysis and the different types of decisions commonly facing managers. The manual, which is intended for use as a training tool, was finalized following extensive field testing in workshops in Bangladesh, Egypt, and Zimbabwe. Methods of cost-finding and cost analysis are thoroughly explained and illustrated with practical examples and model step-by-step procedures for performing calculations. Since hospital accounting systems in developing countries may have gaps or inaccuracies, the manual gives particular attention to reliable methods for estimating costs when existing data are problematic. The manual opens with an explanation of the many advantages of using cost-finding and cost analysis as managerial tools. These include the provision of data needed for informed decisions on operations and infrastructure investment, the planning of future budgets, the establishment of charges for patient services, and the development of mechanisms for ensuring that costs do not exceed available revenues and subsidies. Against this background, the core of the manual is presented in three chapters. The first and most extensive chapter explains how to allocate costs to cost centres and how to compute unit costs. Information and examples are presented according to seven steps. Each is discussed in terms of the types of data needed, how component cost items should be treated, and how costs can be computed in particular situations or cases. Practical examples are used to illustrate the types of questions addressed in cost analysis and the value of this information in guiding decisions. Chapter two explains how cost data can be used to improve the management of an individual hospital. Information is intended to guide decisions at both the cost centre, or department, level and the hospital level. Managerial tasks covered include budgeting, profitability, efficiency improvements, contracting outside services or producing in-house, and assessing fiscal solvency. Chapter three considers the use of cost data in managing national and regional hospital systems. Specific applications include improvements in the referral system, the appropriate use of different providers of services, and the comparison of similar hospitals to identify inefficiencies or sources of waste. The manual concludes with a series of practical exercises, followed by explanations of their answers.
The Millennium Development Goals adopted by United Nations member states in 2000 were meant to improve a variety of situations affecting the well-being of their inhabitants by 2015: poverty, hunger, education, disease, gender equality and environmental sustainability. In this book, Chukwuebuka Dominic Onyechi evaluates the performance of Nigeria with respect to achieving these goals.He describes the challenges faced by the country and evaluates its successes and failures goal by goal to establish what worked, what didn't, and why.
Tried-and-tested methods for financial institution success in a risky economy Written by a partner of McKinsey & Company, the world’s largest and most influential management consulting firm, this book offers wisdom from the cumulative experience of thousands of financial firms in successful risk management. You’ll find out how to make these winning strategies work for your company’s success and learn what you must know to cope with the uncertainties of tomorrow’s headlines. Facing Up to the Risks: Covers the ramifications of the S & L debacle, the Third World debt crisis, the fall of the Iron Curtain, and other major events with an impact on the financial community Provides four critical skills that can make or break a financial firm and five proven strategies for successful risk management Based on a major research project, on years of international consulting experience, and on contributions from over 40 experts around the globe Facing Up to the Risks shows you how to embrace today’s risks in ways that will help your company prosper and flourish in the ’90s.
A manager argued that he could either increase his business unit's margins or its sales, but not both. His chief executive reminded him of the time when people lived in mud huts and faced the stark choice between light and heat: punch a hole in the side of your hut and you let the daylight in but also the cold, or block up all the openings and you stay warm but sit in darkness. The invention of glass made it possible to overcome the dilemma—to let in the light but not the cold. How then, he asked his manager, will you resolve your dilemma between no sales or no margin improvement? Where is the glass? —From the Introduction "To win, leaders have to push their companies beyond trade-offs. They must find strong growth at premium returns, not one or the other. They must deliver great results today and build for the future at the same time, not push for earnings that can't be sustained. The Three Tensions is about having both at the same time, more of the time. I recommend it to any manager serious about winning." —James Kilts, former chairman, CEO, and president, The Gillette Company "Leadership can't be just about telling people what you expect of them. The Three Tensions sets out a range of helpful tactics leaders can adopt to really engage their people in the search for good performance on many fronts." —Andrew Cosslett, chief executive, InterContinental Hotels Group PLC "The Three Tensions speaks to fundamental management issues, perhaps the most fundamental. Managers looking for new ideas on how to improve performance will find it very stimulating. I found my own thinking very much influenced by it." —John Roberts, professor of economics, strategic management, and international business, Stanford Business School
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