Download or read book Cme Vulnerability The The Impact Of Negative Oil Futures Trading written by George Xianzhi Yuan and published by World Scientific. This book was released on 2020-10-23 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 2020, the global lockdowns caused by the COVID-19, or coronavirus, pandemic had resulted in a sharp drop in demand for crude oil. This impact was so severe that on April 8, 2020, a proposal to update the Chicago Mercantile Exchange Holdings Inc. (CME) trading rule to permit negative prices was applied to CME's WTI Oil futures contracts; this led to a novel phenomenon in which the closing clearing price of WTI Oil May future was $-37.63/barrel based on fewer than 400 contracts' trading volume in the last three minutes, reflecting less than 0.2% of the total trading contracts volume on April 20, 2020. This occurrence of negative closing clearing price for CME's WTI Oil futures trading, cannot be explained simply by just the principle of supply and demand; instead, it highlights vulnerabilities caused by CME's allowance of negative price trading (based on its trading platform), a decision which brings potential and fundamental challenges to the global financial system.This event challenges not just our basic concepts of 'value' and trading 'price' of commodities and goods that underline our understanding of the framework for the invisible hand and general equilibrium theory in economics established by a few generations of scholars since Adam Smith in 1776 for market economies, but also have wider implications on the fundamentals that underpin our ideas of value and labor in the organization, activity, and behavior of civilizations and individual liberties.The scope of this book is limited to covering the impact of the negative oil futures derivatives' trading between April 20 and 21, 2020. This book focuses on exploring the issues, challenges, and possible impacts on global financial markets due to the negative clearing prices of WTI Oil futures contracts and related problems from different perspectives. Topics covered include the responsibilities and liabilities of the CME; critique to the fundamental theory of economics and the modern understanding of value and labor; and challenges to the global financial systems and businesses and introduction to new methods of application.
Download or read book The CME Vulnerability written by George Xian-Zhi Yuan and published by . This book was released on 2020 with total page 251 pages. Available in PDF, EPUB and Kindle. Book excerpt: "In 2020, the global lockdowns caused by the COVID-19, or coronavirus, pandemic had resulted in a sharp drop in demand for crude oil. This impact was so severe that on April 8, 2020, a proposal to update the Chicago Mercantile Exchange Holdings Inc. (CME) trading rule to permit negative prices was applied to CME's WTI oil futures contracts; this led to a novel phenomenon in which the closing clearing price of WTI oil May future was $-37.63/barrel based on fewer than 400 contracts' trading volume in the last three minutes, reflecting less than 0.2% of the total trading contracts volume on April 20, 2020. This occurrence of negative closing clearing price for CME's WTI oil futures trading, cannot be explained simply by just the principle of supply and demand; instead, it highlights vulnerabilities caused by CME's allowance of negative price trading (based on its trading platform), a decision which brings potential and fundamental challenges to the global financial system. This event challenges not just our basic concepts of "value" and trading "price" of commodities and goods that underline our understanding of the framework for the invisible hand and general equilibrium theory in economics established by a few generations of scholars since Adam Smith in 1776 for market economies, but also have wider implications on the fundamentals that underpin our ideas of value and labor in the organization, activity, and behavior of civilizations and individual liberties. The scope of this book is limited to covering the impact of the negative oil futures derivatives' trading between April 20 and 21, 2020. This book focuses on exploring the issues, challenges, and possible impacts on global financial markets due to the negative clearing prices of WTI oil futures contracts and related problems from different perspectives. Topics covered include the responsibilities and liabilities of the CME; critique to the fundamental theory of economics and the modern understanding of value and labor; and challenges to the global financial systems and businesses and introduction to new methods of application"--
Download or read book Handbook of Financial Stress Testing written by J. Doyne Farmer and published by . This book was released on 2022-04-14 with total page 729 pages. Available in PDF, EPUB and Kindle. Book excerpt: Discover current uses and future development of stress tests, the most innovative regulatory tool to prevent and fight financial crises.
Download or read book International Conference on Management and Engineering CME 2014 written by Alex Kong and published by DEStech Publications, Inc. This book was released on 2014-06-02 with total page 1908 pages. Available in PDF, EPUB and Kindle. Book excerpt: The aim objective of CME 2014 is to provide a platform for researchers, engineers, academicians as well as industrial professionals from all over the world to present their research results and development activities in Information Management, Innovation Management, Project Management and Engineering. This conference provides opportunities for the delegates to exchange new ideas and application experiences face to face, to establish business or research relations and to find global partners for future collaboration. Submitted conference papers will be reviewed by technical committees of the Conference.
Download or read book Social Vulnerability to Disasters written by Deborah S.K. Thomas and published by CRC Press. This book was released on 2013-05-09 with total page 526 pages. Available in PDF, EPUB and Kindle. Book excerpt: With chapters that incorporate additional perspectives on social vulnerability, this second edition focuses on the social construction of disasters, demonstrating how the characteristics of an event are not the only reason that tragedies unfurl. It incorporates disaster case studies to illustrate concepts, relevant and seminal literature, and the most recent data available. In addition to highlighting the U.S. context, it integrates a global approach and includes numerous international case studies. The book highlights recent policy changes and current disaster management approaches and infuses the concept of community resilience and building capacity throughout the text.
Download or read book The Art of Network Penetration Testing written by Royce Davis and published by Manning Publications. This book was released on 2020-12-29 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Art of Network Penetration Testing is a guide to simulating an internal security breach. You’ll take on the role of the attacker and work through every stage of a professional pentest, from information gathering to seizing control of a system and owning the network. Summary Penetration testing is about more than just getting through a perimeter firewall. The biggest security threats are inside the network, where attackers can rampage through sensitive data by exploiting weak access controls and poorly patched software. Designed for up-and-coming security professionals, The Art of Network Penetration Testing teaches you how to take over an enterprise network from the inside. It lays out every stage of an internal security assessment step-by-step, showing you how to identify weaknesses before a malicious invader can do real damage. Purchase of the print book includes a free eBook in PDF, Kindle, and ePub formats from Manning Publications. About the technology Penetration testers uncover security gaps by attacking networks exactly like malicious intruders do. To become a world-class pentester, you need to master offensive security concepts, leverage a proven methodology, and practice, practice, practice. Th is book delivers insights from security expert Royce Davis, along with a virtual testing environment you can use to hone your skills. About the book The Art of Network Penetration Testing is a guide to simulating an internal security breach. You’ll take on the role of the attacker and work through every stage of a professional pentest, from information gathering to seizing control of a system and owning the network. As you brute force passwords, exploit unpatched services, and elevate network level privileges, you’ll learn where the weaknesses are—and how to take advantage of them. What's inside Set up a virtual pentest lab Exploit Windows and Linux network vulnerabilities Establish persistent re-entry to compromised targets Detail your findings in an engagement report About the reader For tech professionals. No security experience required. About the author Royce Davis has orchestrated hundreds of penetration tests, helping to secure many of the largest companies in the world. Table of Contents 1 Network Penetration Testing PHASE 1 - INFORMATION GATHERING 2 Discovering network hosts 3 Discovering network services 4 Discovering network vulnerabilities PHASE 2 - FOCUSED PENETRATION 5 Attacking vulnerable web services 6 Attacking vulnerable database services 7 Attacking unpatched services PHASE 3 - POST-EXPLOITATION AND PRIVILEGE ESCALATION 8 Windows post-exploitation 9 Linux or UNIX post-exploitation 10 Controlling the entire network PHASE 4 - DOCUMENTATION 11 Post-engagement cleanup 12 Writing a solid pentest deliverable
Download or read book The DHS Cybersecurity Mission written by United States. Congress. House. Committee on Homeland Security. Subcommittee on Cybersecurity, Infrastructure Protection, and Security Technologies and published by . This book was released on 2012 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Cyberspace and Cybersecurity written by George Kostopoulos and published by CRC Press. This book was released on 2017-10-23 with total page 297 pages. Available in PDF, EPUB and Kindle. Book excerpt: Providing comprehensive coverage of cyberspace and cybersecurity, this textbook not only focuses on technologies but also explores human factors and organizational perspectives and emphasizes why asset identification should be the cornerstone of any information security strategy. Topics include addressing vulnerabilities, building a secure enterprise, blocking intrusions, ethical and legal issues, and business continuity. Updates include topics such as cyber risks in mobile telephony, steganography, cybersecurity as an added value, ransomware defense, review of recent cyber laws, new types of cybercrime, plus new chapters on digital currencies and encryption key management.
Download or read book Discrimination Vulnerable Consumers and Financial Inclusion written by Cătălin-Gabriel Stănescu and published by Routledge. This book was released on 2020-12-28 with total page 291 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book addresses the questions of discrimination, vulnerable consumers, and financial inclusion in the light of the emerging legal, socioeconomic, and technological challenges. New technologies – such as artificial intelligence-driven consumer credit risk assessment and Fintech platforms, the changing nature of vulnerability due to the ongoing COVID-19 pandemic, as well as the sophistication of digital technologies, which help circumvent legal barriers and protections – necessitate the continuous study of the existing legal frameworks and measures that are capable of tackling these challenges. Organized in two major parts, the first addresses, from multiple national angles, the idea of a human rights approach to consumer law, in order to replace the mantra of economic efficiency that characterizes financial services with those of human dignity and freedom from discrimination and from debt-induced servitude. The second tackles the challenges posed by increased usage of technology in connection with financial services, which tends to solve, but also creates, additional issues for consumers in general, and for vulnerable groups in particular.
Download or read book Department of Homeland Security Appropriations for 2006 written by United States. Congress. House. Committee on Appropriations. Subcommittee on Homeland Security and published by . This book was released on 2005 with total page 1636 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Financialization and the World Economy written by Gerald A. Epstein and published by Edward Elgar Publishing. This book was released on 2005-01-01 with total page 472 pages. Available in PDF, EPUB and Kindle. Book excerpt: The final section offers ideas for policy responses, including capital controls and securities transaction taxes."--BOOK JACKET.
Download or read book Cyber Security Policy Guidebook written by Jennifer L. Bayuk and published by John Wiley & Sons. This book was released on 2012-04-24 with total page 293 pages. Available in PDF, EPUB and Kindle. Book excerpt: Drawing upon a wealth of experience from academia, industry, and government service, Cyber Security Policy Guidebook details and dissects, in simple language, current organizational cyber security policy issues on a global scale—taking great care to educate readers on the history and current approaches to the security of cyberspace. It includes thorough descriptions—as well as the pros and cons—of a plethora of issues, and documents policy alternatives for the sake of clarity with respect to policy alone. The Guidebook also delves into organizational implementation issues, and equips readers with descriptions of the positive and negative impact of specific policy choices. Inside are detailed chapters that: Explain what is meant by cyber security and cyber security policy Discuss the process by which cyber security policy goals are set Educate the reader on decision-making processes related to cyber security Describe a new framework and taxonomy for explaining cyber security policy issues Show how the U.S. government is dealing with cyber security policy issues With a glossary that puts cyber security language in layman's terms—and diagrams that help explain complex topics—Cyber Security Policy Guidebook gives students, scholars, and technical decision-makers the necessary knowledge to make informed decisions on cyber security policy.
Download or read book The Parliamentary Debates Hansard written by Great Britain. Parliament. House of Lords and published by . This book was released on 2010 with total page 1566 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Aging and Money written by Ronan M. Factora and published by Springer Nature. This book was released on 2021-02-24 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book aims to disseminate and share knowledge about financial exploitation of elders with the purpose of protecting those individuals in our society who are most vulnerable to financial abuse and mistreatment. It instructs practicing clinicians in identification of risk factors, recognition of signs, and implementation of screening methods to protect their patients. This updated edition expands upon and advances the earlier text by including the most recent research and methods used to assess risk of financial exploitation, as well as updates in how the law approaches such cases. It also highlights ways in which community awareness can aid in identifying those most at risk, effectively protecting the elderly community, advocating for those victimized, and pursuing perpetrators to the fullest extent of the law. Professionals from law enforcement, medical clinics, financial institutions, and the legal field are now tasked with acting on suspected situations thanks to increasing recognition of financial abuse and mistreatment of an aging population. This book also guides professionals on how to discuss this information with potential victims. This second edition of Aging and Money expands the knowledge base to highlight the perspectives of different disciplines including professionals in medicine, law, the financial industry, and social services who play an important role in investigating and preventing financial abuse of the elderly.
Download or read book Computer Incident Response and Product Security written by Damir Rajnovic and published by Pearson Education. This book was released on 2010-12-06 with total page 406 pages. Available in PDF, EPUB and Kindle. Book excerpt: Computer Incident Response and Product Security The practical guide to building and running incident response and product security teams Damir Rajnovic Organizations increasingly recognize the urgent importance of effective, cohesive, and efficient security incident response. The speed and effectiveness with which a company can respond to incidents has a direct impact on how devastating an incident is on the company’s operations and finances. However, few have an experienced, mature incident response (IR) team. Many companies have no IR teams at all; others need help with improving current practices. In this book, leading Cisco incident response expert Damir Rajnovi ́c presents start-to-finish guidance for creating and operating effective IR teams and responding to incidents to lessen their impact significantly. Drawing on his extensive experience identifying and resolving Cisco product security vulnerabilities, the author also covers the entire process of correcting product security vulnerabilities and notifying customers. Throughout, he shows how to build the links across participants and processes that are crucial to an effective and timely response. This book is an indispensable resource for every professional and leader who must maintain the integrity of network operations and products—from network and security administrators to software engineers, and from product architects to senior security executives. -Determine why and how to organize an incident response (IR) team -Learn the key strategies for making the case to senior management -Locate the IR team in your organizational hierarchy for maximum effectiveness -Review best practices for managing attack situations with your IR team -Build relationships with other IR teams, organizations, and law enforcement to improve incident response effectiveness -Learn how to form, organize, and operate a product security team to deal with product vulnerabilities and assess their severity -Recognize the differences between product security vulnerabilities and exploits -Understand how to coordinate all the entities involved in product security handling -Learn the steps for handling a product security vulnerability based on proven Cisco processes and practices -Learn strategies for notifying customers about product vulnerabilities and how to ensure customers are implementing fixes This security book is part of the Cisco Press Networking Technology Series. Security titles from Cisco Press help networking professionals secure critical data and resources, prevent and mitigate network attacks, and build end-to-end, self-defending networks.
Download or read book Federal Register written by and published by . This book was released on 2012-12 with total page 486 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Liability for Damage to Public Natural Resources Standing Damage and Damage Assessment written by Edward Brans and published by Kluwer Law International B.V.. This book was released on 2001-10-17 with total page 480 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book focuses on liability for damage to those natural resources that are of interest to the public and are protected by national, European or international law. It provides an overview of the law of the United States and of certain EU Member States on the recovery of damages for injury to natural resources. The international civil liability conventions that cover environmental harm and the recently published European Commission's White Paper on environmental liability are also discussed. The on-going development in various international forums of treaties or protocols dealing with liability for environmental damage are analyzed, as are the principles developed by the UNEP Working Group established in response to the 1990 Gulf War to advise the UNCC on claims for damage to natural resources. The book addresses assessment and valuation issues, the issue of standing in cases of injury to (un)owned natural resources, and the determination of ways to repair, restore and compensate for natural resource injuries and the associated loss of ecological and human services. It also explains why such a difference exists between the US and most European jurisdictions and inter-national liability conventions as to the recovery of damages for injury to natural resources.
