Successful exchange market interventions?

Optimal intervention in the foreign exchange market when interventions affect market dynamics

We address the problem of optimal Central Bank intervention in the exchange rate market when interventions create feedback in the rate dynamics. In particular, we extend the work done on optimal impulse control by Cadenillas and Zapatero (1999, 2000) to incorporate temporary market reactions to Bank interventions. We obtain new explicit optimal impulse control strategies that account for these ...

Bidding Strategy in Demand Response Exchange Market

Demand response (DR) has many beneficiaries in the electricity market. There are independent players who are interested in DR, which include: transmission system owners, distributors, retailers, and aggregators. In this paper DR is introduced as a tradable commodity that can be exchanged between DR buyers and sellers in a pool-based market which is called demand response exchange (DRX). DRX ope...

Government market interventions into rice wheat and cotton in iran

Evaluation Iran Capital Market Hedging using World Capital Market (Simultaneous Investment in Iran Stock Exchange Market & World Gold Market)

Hedging is one of the most important topics in investment field, which could be noticed from different points of view. We evaluate the role of gold relative to different indices in Tehran Security Exchange (TSE) as a representative of Iran Capital Market .In this topic gold charecterristics of “save haven” and “hedge” versus TSE are studided. Daily Price Returns of 21 TSE stock indices and dail...

Exchange Market Mechanisms without Money

We introduce and study the following exchange market mechanism problem without money: consider a set of agents who wish to obtain a set of items, and have a set of items to offer to others. An exchange market mechanism specifies for each agent a subset of items to give away, and another subset of items that he would receive in exchange. Each agent would like to maximize the number of items he r...