Derivatemärkte bieten den Wirtschaftssubjekten verbesserte und erweiterte Möglichkeiten
zur Transformation von Risiken, die Separation einzelner Risikobestandteile und damit die …

This paper proposes a novel methodology for computing a cross capitalization-weighted
index, coined CCWI, that characterizes the most influential stocks that drive the index. The …

The use of Artificial intelligence (AI) in index tracking has in recent years gained a lot of
attention not only of researchers but also of the everyday person. The existing applications …

The world of Asset Allocation has changed during the last years and this change is just at
the beginning. Nowadays, the performances of many active funds are damaged by the …

The aim of this thesis is to analyze the efficiency of selected financial markets. The first and
the second paper concern the currency market. The first paper presents an inefficiency in the …

At the present time, there is a major trend in the financial markets of focusing on the common
factors rather than the individual characteristics of assets. This tendency can be seen in the …

Zusammenfassung In der Feinsteuerung der Risiken im Portfolio demonstrieren Optionen
und Futures die ganze Bandbreite ihrer Flexibilität–oder umgekehrt, wie sehr ein etwaiges …