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Trading strategies with market impact constraints – A case study at SEB

Purpose of the master thesis is to develop an algorithmic trading model for a single asset, which is well functioning on the Scandinavian market. Deliverables: The main focus has been towards creating an indicating model to quantify market impact, cost of trading and model an efficient trading frontier. Methodology: Initially we focused on research papers and literature within our specific field t

Squishy constructions. A critical study on the ‘client’ in the client-consultant relationship

Purpose: To gain a deeper understanding of consultancy by 1) emphasising the role of the client and 2) highlighting the paradoxical and dynamic nature of the client, as a discursive construction process made by consultants. Design/methodology/approach: The research is based on a performative approach to language and in depth interviews with 16 consultants serve as an empirical illustration of cons

Financing EPA: The fiscal impact of EPA on ECOWAS

The European Union (EU) and the Africa, Caribbean and Pacific (ACP) countries have been negotiating Economic Partnership Agreements (EPAs) since 2002. The EPAs are intend to replace present agreements which due to its discriminatory element against other developing countries, not are compatible with the WTO regulations. The liberalisation of the EPAs has triggered some concerns regarding the risk

Decoding Insider Information on the Swedish Stock Market

This study aims to classify insiders of firms listed on the OMX Stockholm stock exchange into two groups, one group whose trading contain strong predictive power of the future returns of the firms stock and one group whose trading contain as little predictive power as possible. The abnormal returns of these two groups of insiders are then compared. The abnormal returns are estimated using an event

QUOTATIONS - Mapping out abnormal return opportunities on the Stockholm Exchange 1994-2006

The purpose of this study is to investigate, at the Stockholm Exchange during the period 1994 to 2006, whether certain quotations with particular characteristics can be said to produce positive abnormal returns relatively larger than others. We measure the initial return as well as the mid and long run abnormal returns for firms quoted on the Stockholm Exchange during 1994 and 2006 based on quotat

Åh nej, varför sa jag så?!: En anpassning och utprovning av den svenska versionen av testet Faux pas

Syftet med föreliggande studie var att anpassa och att utprova det neuropsykologiska instrumentet Faux pas på en frisk svensk undersökningsgrupp (N=47), med en svensk version av testet. Intraklasskorrelationen visade ”excellent” interbedömarreliabilitet mellan studiens två bedömare. Undersökningsgruppens resultat visade sig vara jämbördiga med tidigare studiers kontrollgruppers resultat avseende dThe aim of the current study was to test and adapt the neuropsychological instrument Faux pas in a group of healthy Swedish adults (N=47), with a Swedish version of the test. Intraclass correlation showed an excellent inter-rater reliability between two raters. Results in this study are considered to be equal to results from previous studies regarding the detection aspect of Faux pas. The relation

The Proposed Regulation on a Common European Sales Law (CESL) as an Alternative to the Convention on the International Sale of Goods (CISG) in Transnational Business-to-Business Transactions?

The Commission has put forth a proposal for a Regulation on a Common European Law of Sales (CESL). It is envisaged – as of now – as an optional second regime within each member state‘s law, electable for transnational consumer contracts and contracts among traders, as long as one of them is a small or medium-sized enterprise. The intention is to provide contractors with a level playground of one l

Role of the Gly460Trp polymorphism of the alpha-adducin gene in primary hypertension in Scandinavians

Previous studies have suggested that the Trp460 allele of the Gly460Trp polymorphism in the alpha-adducin gene is associated with salt sensitivity and primary hypertension. The present study was undertaken to evaluate if the Trp460 allele of this polymorphism is associated with primary hypertension in Scandinavians. To address this issue, 294 patients with primary hypertension and 265 normotensive

First human transplantation of a nonacceptable donor lung after reconditioning ex vivo.

Purpose. This article describes an ex vivo method to recondition and transplant rejected donor lungs. Description. A 19-year-old man was brain dead after a traffic accident. A roentgenogram showed bilateral lung contusion. He had ongoing intratracheal bleeding. After optimizing ventilator treatment and suctioning the airways, PaO2 was 9 kPa (67.5 mm Hg) on FiO(2) = 0.7. The lungs were rejected by

Montelukast in the treatment of asthma and beyond

Asthma is a chronic inflammatory disease affecting over 300 million people worldwide. The common association with allergic rhinitis and the presence of proinflammatory cells and mediators in the circulation of patients qualify asthma as a systemic disease. This characteristic and the fact that the gold-standard therapy for persistent asthma, inhaled corticosteroids, cannot suppress all components

A TCR alpha chain transgene induces maturation of CD4- CD8- alpha beta+ T cells from gamma delta T cell precursors

The proportion of CD4- CD8- double-negative (DN) alpha beta T cells is increased both in the thymus and in peripheral lymphoid organs of TCR alpha chain-transgenic mice. In this report we have characterized this T cell population to elucidate its relationship to alpha beta and gamma delta T cells. We show that the transgenic DN cells are phenotypically similar to gamma delta T cells but distinct f

Expression of prostate-specific antigen (PSA) and human glandular kallikrein 2 (hK2) in ileum and other extraprostatic tissues

Prostate-specific antigen (PSA) is a widely used marker for prostate cancer. In the literature, there are reports of nonprostatic expression of PSA that potentially can affect early diagnosis. However, the results are scattered and inconclusive, which motivated us to conduct a more comprehensive study of the tissue distribution of PSA and the closely related protein human glandular kallikrein 2 (h

Admissible monetary aggregates for the euro area

We use the Fleissig and Whitney [Fleissig, A.R., Whitney, G.A., 2003. A new PC-based test for Varian's weak separability conditions. Journal of Business and Economics Statistics 21 (1), 133-144] weak separability test to determine admissible levels of monetary aggregation for the Euro area. We find that the Euro area monetary assets in M2 and M3 are weakly separable and construct admissible Divisi

What is ideal genetic counselling? A survey of current international guidelines

The objective of this article is to review guidelines that address counselling in the context of genetic testing in order to summarise what aspects of counselling they consider most important, and to examine how they construct the ideal of genetic counselling. Guidelines were collected by examining the websites of different international professional, political, ethical and patient organisations,

Impact of chronic heart failure on elderly persons' daily life: A validation study.

Background Knowledge about how elderly persons perceive the impact of chronic heart failure (CHF) on daily life is important when planning nursing care. For this purpose, disease specific instruments are needed. However, few instruments have been developed or tested specifically on elderly persons. Aim To validate a Swedish version of the Minnesota Living with Heart Failure Questionnaire (LHFQ)

Improved receiver coil for upper thoracic spine imaging in a vertical magnetic field

To improve image quality in the upper thoracic spine, an anatomically shaped copper wire loop coil, made to fit over the patient's shoulders, was constructed. The coil was permanently mounted on a foam-rubber vest to facilitate attachment to the patient. Phantom and in vivo studies of the performance of the coil in healthy volunteers showed as much as a two times greater signal-to-noise ratio rela