Features & Departments

Why Gold May Not Glitter
Gold bullion's traditional importance as a store of value has been challenged by several fundamental changes in the financial markets...by Ben Amoako-Adu and Brian F. Smith

Setting Investment Objectives
How useful is a CPI-related benchmark?..by Harry Satanove

What is VaR? Value at risk
How is Value at Risk calculated and implemented, and when is it of most value?..by Alan White

The 1999 Global Investment Conference

Going Global...by James Helik

Where Are The Opportunities?..by Peter Rathjens, Rupert Tate, Bruno Gerard, Ian Ainsworth, James Clunie, Bill Ziemba, et al.

Risk and Diversification...by Rajiv Silgardo, Asani Sarkar, Fred Francis, Mark Seasholes, Doug McCalla

The Macro Environment...by Nicholas Carn, Rory MacLeod and Maurice Levi

Trading in the Future

As recently as a decade ago it would have been easy to answer the questions: what is a stock exchange and how should trading be conducted. Rapid technological change, starting before the rise of the Internet, has caused many to reexamine the roles of regulators, traders, retail investors, liquidity and price discovery in equity, bond and futures markets.

The Launch of the CanPX Transparency System...by Ian Russell

Trading Technology: Moving from Faster to Better...by Robert Young

A Look At The Future...by Doug Steiner

Cooperation to Power New Canadian Trading System...by Marc Foreman

Managing The Entry of ATSs...by Eric Kirzner

The Future of Futures...by David Rudd Departments

Field Notes
Is the CAPM Testable?
The Capital Asset Pricing Model (CAPM) is central to financial economics, but can you test it?..by Robert Grauer

Editorial

Exchange