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This book constitutes the proceedings of the 6th International Workshop on Enterprise Applications and Services in the Finance Industry, FinanceCom 2012, held in Barcelona, Spain, on June 10, 2012.

The workshop spans multiple disciplines, including technical, service, economic, sociological, and behavioral sciences. It reflects on technologically enabled opportunities, implications, and changes due to the introduction of new business models or regulations related to the financial services industry and the financial markets.

The seven papers presented were carefully reviewed and selected from numerous submissions. The topics covered are: news and text analysis; algorithmic and high-frequency trading; and the role and impact of technology.




This book constitutes the proceedings of the 6th International Workshop on Enterprise Applications and Services in the Finance Industry, FinanceCom 2012, held in Barcelona, Spain, on June 10, 2012.

The workshop spans multiple disciplines, including technical, service, economic, sociological, and behavioral sciences. It reflects on technologically enabled opportunities, implications, and changes due to the introduction of new business models or regulations related to the financial services industry and the financial markets.

The seven papers presented were carefully reviewed and selected from numerous submissions. The topics covered are: news and text analysis; algorithmic and high-frequency trading; and the role and impact of technology.




This book constitutes the proceedings of the 6th International Workshop on Enterprise Applications and Services in the Finance Industry, FinanceCom 2012, held in Barcelona, Spain, on June 10, 2012.

The workshop spans multiple disciplines, including technical, service, economic, sociological, and behavioral sciences. It reflects on technologically enabled opportunities, implications, and changes due to the introduction of new business models or regulations related to the financial services industry and the financial markets.

The seven papers presented were carefully reviewed and selected from numerous submissions. The topics covered are: news and text analysis; algorithmic and high-frequency trading; and the role and impact of technology.


Content:
Front Matter....Pages -
Front Matter....Pages 1-1
Investigating the Impact of Media Sentiment and Investor Attention on Financial Markets....Pages 3-19
Towards Automated Event Studies Using High Frequency News and Trading Data....Pages 20-41
The Role of Misbehavior in Efficient Financial Markets: Implications for Financial Decision Support....Pages 42-58
Front Matter....Pages 59-59
Humans vs. Algorithms – Who Follows Newcomb-Benford’s Law Better with Their Order Volume?....Pages 61-70
The Effect of Single-Stock Circuit Breakers on the Quality of Fragmented Markets....Pages 71-87
Front Matter....Pages 89-89
A Case Study in Using ADAGE for Compute-Intensive Financial Analysis Processes....Pages 91-111
XBRL: Impacts, Issues and Future Research Directions....Pages 112-130
Back Matter....Pages -


This book constitutes the proceedings of the 6th International Workshop on Enterprise Applications and Services in the Finance Industry, FinanceCom 2012, held in Barcelona, Spain, on June 10, 2012.

The workshop spans multiple disciplines, including technical, service, economic, sociological, and behavioral sciences. It reflects on technologically enabled opportunities, implications, and changes due to the introduction of new business models or regulations related to the financial services industry and the financial markets.

The seven papers presented were carefully reviewed and selected from numerous submissions. The topics covered are: news and text analysis; algorithmic and high-frequency trading; and the role and impact of technology.


Content:
Front Matter....Pages -
Front Matter....Pages 1-1
Investigating the Impact of Media Sentiment and Investor Attention on Financial Markets....Pages 3-19
Towards Automated Event Studies Using High Frequency News and Trading Data....Pages 20-41
The Role of Misbehavior in Efficient Financial Markets: Implications for Financial Decision Support....Pages 42-58
Front Matter....Pages 59-59
Humans vs. Algorithms – Who Follows Newcomb-Benford’s Law Better with Their Order Volume?....Pages 61-70
The Effect of Single-Stock Circuit Breakers on the Quality of Fragmented Markets....Pages 71-87
Front Matter....Pages 89-89
A Case Study in Using ADAGE for Compute-Intensive Financial Analysis Processes....Pages 91-111
XBRL: Impacts, Issues and Future Research Directions....Pages 112-130
Back Matter....Pages -
....
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