Hedging the Risk of Delayed Data in Defaultable Markets

We investigate hedging the risk of delayed data in certain defaultable securities through the local risk minimization approach. From a financial point of view, this indicates that in addition to the risk of default, investors also face incomplete accounting data. In our analysis, the delay is modelled by a random time change, and different levels of information, including the full market’s, management’s, and investors’ information, are distinguished. We obtain semi-explicit solutions for pseudo locally risk minimizing hedging strategies from the perspective of investors where the results are presented according to the solutions of partial differential equations. In obtaining the main results of this paper, we apply a filtration expansion theorem that determines the canonical decomposition of stopped special semimartingales in an enlarged filtration of investors’ information.     

Prussian Blue Modified Carbon Ionic Liquid Electrode: Electrochemical Characterization and Its Application for Hydrogen Peroxide and Glucose Measurements

Prussian blue modified carbon ionic liquid electrodes (PB‐CILEs) were fabricated using chemical and electrochemical procedures. Chemically fabricated PB‐CILE exhibited an excellent sensitivity (0.0866 μA μM^?1), low detection limit (0.01 μM) and two linear ranges (0.01–1 and 1–600 μM) toward hydrogen peroxide. Then, glucose oxidase (GOx) was immobilized on the surface of PB‐CILE to fabricate glucose biosensor using three different procedures involving cross linking with glutaraldehyde (GLU) and bovine serum albumin (BSA), entrapment into the Nafion matrix and covering with a sol‐gel layer. Glucose biosensor fabricated using cross linking procedure showed the best sensitivity (0.0019 μA μM^?1) and operational stability for glucose.     

Efficient in-depth trapping with an oil-immersion objective lens

Maximum trapping efficiency in optical tweezers occurs close to the coverslip because spherical aberration owing to a mismatch in the refractive indices of the specimen (water) and the immersion oil dramatically decreases the trap efficiency as the trap depth increases. Measuring the axial trap efficiency at various tube lengths by use of an oil-immersion objective has shown that such an aberration can be balanced by another source of spherical aberration, leading to a shift in the position of the maximum efficiency in the Z direction. For a 1.1 microm polystyrene bead we could achieve the maximal efficiency at a depth of 70 microm, whereas the trap was stable up to a depth of 100 microm.     

Microwave Assisted,Solvent Free One Pot Synthesis of Nitriles from Aryl Aldehydes on Melamin Formaldehyde as Solid Support

Various aryl aldehydes underwent prompt one pot conversion into the corresponding nitriles in high yields by reacting with hydroxylamine hydrochloride supported on melamine formaldehyde under microwave irradiation in the presence of ammonium acetate as catalyst.     

Photochemical Synthesis of 2-Alkylidene-4-pyrrolin-3-ones

Irradiation (λ =313 nm) of the 4-pyrrolin-3-ones 1a–1c in acetone-, 3-pentanone-and cyclopentanone solution affords the title compounds 2 , formally via H-abstrac-tion by the excited ketone and recombination of the radical pair formed.     

Bis[N,N′‐bis(2‐nitrocinnamaldehyde)phenylenediimine]copper(I) Perchlorate

The complex [Cu(nitroca₂ph)₂]ClO₄, where nitroca₂ph is N,N′‐bis(2‐nitrocinnamaldehyde)phenylenediimine, crystallizes in the triclinic space group with a = 13.167(1), b = 13.209(1), c = 14.465(1) Å, α = 83.209(9)°, β = 68.438(2)°, γ = 70.803(2)°, V = 2209.4(3) ų, Z = 2, D_calc = 1.527 mg/m³. The coordination polyhedron about the Cu(I) atom is best described as a distorted tetrahedron. 2‐nitroca₂en acts as a bidentate ligand coordinating via two N atoms to the copper. The four Cu–N distances are 2.04 (2), 2.038(2), 2.046(2), and 2.062(2) Å.     

Coordination chemistry of a terpyridine-tris(pyrazolyl) ditopic ligand

A new ditopic ligand, 4'-(4-(2,2,2-tris(1H-pyrazol-1-ido)ethoxymethyl)phenyl)-2,2':6',2'-terpyridine (pzt), has been prepared and its coordination chemistry studied. Metal ions with a preference for octahedral geometry form ML(2) complexes that are readily isolated and characterised, with the metal ion being bound to the terpyridine sites of both ligands. Other metal ions bind to the terpyridine site of just one ligand. In the case of silver(i), a dinuclear M(2)L(2) complex has been isolated in which each silver ion is coordinated to the terpyridine site of one ligand and to a single pyrazolyl donor group from the second ligand. Evidence for binding of metal ions to the tris(pyrazolyl) binding site was obtained by electrospray mass spectrometry and NMR techniques. The free ligand and three metal complexes, including the disilver complex, have been characterised by X-ray crystallographic techniques.     

Analysis of ethanol and methanol in human body fluids by headspace solid phase microextraction coupled with capillary gas chromatography.

A new method for extraction and analysis of ethanol and methanol in human whole blood, urine and saliva samples based on headspace solid phase microextraction (SPME) using silver sulfide (Ag(2)S) and polyvinyl chloride (PVC) coated on silver wire is described. Unlike commercial fibers, which are coated on fused silica, the proposed fiber has a metallic base to which the coating adheres very strongly. Due to metallic base, this fiber is very durable and is thermally stable up to 250 degrees C. After optimization of coating composition and microextraction conditions, the fiber was used for sampling of methanol and ethanol from human body fluids prior to capillary gas chromatographic analysis. The high recovery (>94%), low detection limits (5.6 mg/L for ethanol and 12.8 mg/L for methanol) and excellent linearity (>0.9900) of calibration graphs made the proposed method suitable for this purpose.     

Foliations transverse to fibers of Seifert manifolds

In this paper we prove the conjecture of Jankins and Neumann [JN2] about rotation numbers of products of circle homeomorphisms, which together with other results of [EHN] and [JN2] (mentioned below) implies that a Seifert manifold admits foliations tranverse to its fibers only if it admits such foliations with a projective transverse structure. 1991Mathematics Subject Classification: Primary 55R05, 57R30, Secondary 47A35, 57M99, 58F11. Partially supported by a Sloan Doctoral Dissertation Fellowship, and by the Technion-Israel Institute of Technology.