• On the EUR side, a recalibration approach with clean discounting has been introduced for EONIA to ESTR transition since 2 October 2019. (wbstraining.com)
  • Syndicated loans make up only 1.7% of the nearly $200 trillion debt market that is tied to the London Interbank Offered Rate (LIBOR), a figure that includes derivatives, loan, securities and mortgages. (bankdirector.com)
  • In 2017, the ARRC identified the Secured Overnight Financing Rate (SOFR) as the rate that represents best practice to replace LIBOR in USD derivative and other financial contracts. (bankdirector.com)
  • The group now oversees the implementation of the Paced Transition Plan and coordinates with cash and derivatives markets as they address the risk that LIBOR may not exist beyond 2021. (bankdirector.com)
  • This includes minimizing the potential disruption associated with LIBOR's potential phase-out and supporting a voluntary transition away from LIBOR. (bankdirector.com)
  • With the economic shock brought on by the coronavirus pandemic being felt globally, one thing remains clear: the transition from LIBOR to risk-free rates must continue if financial institutions are to meet the current deadline at the end of 2021. (nortonrosefulbright.com)
  • Understandably, banks have been focusing on supporting borrowers during the pandemic, but as the 'new normal' starts to emerge, they are beginning to refocus their attention and resources to managing the transition from LIBOR. (nortonrosefulbright.com)
  • In 2017, the Financial Conduct Authority, the U.K. authority that oversees the London interbank offered rate ("LIBOR"), announced that LIBOR may be phased out after the end of 2021. (chapman.com)
  • The behavior of the system around the critical point is characterized by the order parameter (OP). Second-order phase transition displays continuity in the OP while exhibiting a discontinuity in the derivative of the OP. On the other hand, first-order transition is known to possess a discontinuous OP around the transition point. (nature.com)
  • During a transition, the heat capacity may become infinite, jump abruptly to a different value, or exhibit a "kink" (i.e. a discontinuity in its derivative. (kids.net.au)
  • Driven nonlinear resonators provide a fertile ground for phenomena related to phase transitions far from equilibrium, which can open opportunities unattainable in their linear counterparts. (nature.com)
  • In this framework, we show that a cascade event is a phase-space transition from an equilibrium state with high energy to an equilibrium state with lower energy, which can be suitably described in a closed form using a global Hamiltonian-like function. (northwestern.edu)
  • Nonperturbative approaches become increasingly important in various fields of physics, such as equilibrium and non-equilibrium phase transitions, quantum gravity, nanoscience, etc. (frontiersin.org)
  • We report the eutectic equilibrium-phase diagram of the binary mixture, which is found to be characterized by an experimental eutectic composition of 0.18 molar fraction of nordazepam, with a eutectic melting point of Te = 395.4 ± 1.2 K. The two compounds are barely miscible in the crystalline phase. (bvsalud.org)
  • The properties of phases are largely independent of the underlying microscopic physics, so that the same types of phases arise in a wide variety of systems. (kids.net.au)
  • 20. A. V. Emelyanenko, Molecular-ststistical approach to a behaviour of ferroelectric, antiferroelectric and ferrielectric smectic phases in the electric field. (msu.ru)
  • 22. A.V. Emelyanenko, Theory for the evolution of ferroelectric, antiferroelectric, and ferrielectric smectic phases in the electric field. (msu.ru)
  • The mechanism of the known ferroelectric phase transition of (C₃NO₂H₇)₃CaCl₂ (TSCC) was studied in detail using both X-ray and neutron diffraction data. (st-andrews.ac.uk)
  • Whilst none of the TSCC derivatives had ferroelectric properties, diffraction experiments were limited to a low temperature of 90 K and there could be additional phase transitions below this point. (st-andrews.ac.uk)
  • For instance, in phase transition-based detectors and transition-edge sensors 27 , the reset time (return time to the critical bias point) can be significantly reduced using an ultrafast nonlinear process compared to thermodynamic transitions. (nature.com)
  • Equivalently, two states of a system are in the same phase if they can be transformed into each other without abrupt changes in any of their thermodynamic properties. (kids.net.au)
  • Due to this non-analyticity, the free energies on either side of the transition are two different functions, so one or more thermodynamic properties will behave very differently after the transition. (kids.net.au)
  • In practice, each type of phase is distinguished by a handful of relevant thermodynamic properties, out of all the possible properties one could imagine. (kids.net.au)
  • 14. A. V. Emelyanenko, Complex smectic phases: threshold phenomena and application prospects. (msu.ru)
  • Phases are emergent phenomena produced by the self-organization of a macroscopic number of particles. (kids.net.au)
  • There is a corollary to the emergent nature of phase phenomena, known as the principle of universality . (kids.net.au)
  • Assessing the impact of SARS-CoV-2 infection on the dynamics of dengue and HIV via fractional derivatives. (cdc.gov)
  • In these funds, the fund manager buys stocks that are expected to go up and enters into derivative contracts to sell short on stocks that are expected to go down in the future. (livemint.com)
  • They expect to make money from these derivative contracts, so as to increase overall returns of the fund, especially in a bear or the sideways market. (livemint.com)
  • If the price of a bag of groceries goes from $20 to $100, the entire mountain of contracts (derivatives) collapses and the banks go bust. (blogspot.com)
  • And this is why a few tens of billions in usage by the BRIC countries is a DEADLY threat to the $2.2 Quadrillion in derivative contracts. (blogspot.com)
  • begingroup$ This is, to me, the most impressive occurrence of a derivative of high order so far. (mathoverflow.net)
  • We also predict the occurrence of first-order spectral phase transitions in coupled OPOs. (nature.com)
  • We show that Hermitian Matrix Models with arbitrary degree of nonlinearity support the occurrence of a new type of phase transition described by a dispersive shock solution of a nonlinear dispersive hydrodynamic system. (gla.ac.uk)
  • Both the UK and US plan to phase out IBOR and move to a new benchmark - known as alternate reference rates (ARR) - by the end of 2021. (ey.com)
  • Trillions of dollars of debt and derivatives products are likely to continue referencing IBOR after 2021, but IBORs and ARRs are different. (ey.com)
  • While firms are pivoting away from IBORs, trillions of dollars of debt and derivatives products will continue to reference the index after the 2021 deadline. (ey.com)
  • We experimentally demonstrate such a phase transition in a quadratic OPO. (nature.com)
  • Experimentally, studies on the interaction between hydrogen and fullerenes have been focused on the chemical process of hydrogenation, with the products C 60 H X and C 70 H X being of fundamental interest as a model for other fullerene derivatives [ 7 , 8 ]. (hindawi.com)
  • The objectives of Phase I are (1) to construct a proof-of-principle generator for operation at 125 kV, (2) to experimentally demonstrate that a uniform, high energy ion beam can be generated, and (3) to develop the conceptual design for a Phase II laboratory prototype DNG system. (nsf.gov)
  • The mechanically obtained mixtures were melted and supercooled to study the glass-transition and molecular-relaxation dynamics of amorphous mixtures at the corresponding concentration. (bvsalud.org)
  • Q . What are examples of applications that depend on 4th-derivatives (snap/jounce) or higher? (mathoverflow.net)
  • Examples : structural properties, phase transitions, electronic band structure and electronic charge density plots in real systems, comparison to experiments. (ens.fr)
  • The most familiar examples of phases are solids , liquids , and gases . (kids.net.au)
  • Familiar examples of phase transitions are melting (solid to liquid), freezing (liquid to solid), boiling (liquid to gas), and condensation (gas to liquid. (kids.net.au)
  • We show that the divergent susceptibility of the critical point is accompanied by spontaneous symmetry breaking and distinct phase noise properties in the two regimes, indicating the importance of a beyond nonlinear bifurcation interpretation. (nature.com)
  • The spin-lattice relaxation time of positive polarons in C-PCPDTBT at low temperature ( T = 80 K) is found to be more than two orders or magnitude longer than in the Si-bridged polymer derivative. (uni-potsdam.de)
  • Curcumin has significantly higher glass transition temperature Tg (≈ 347 K) than the polymer matrix (≈274-277 K depending on the molecular weight), and dispersions displayed Tg's intermediate between those of the pure amorphous components, implying that curcumin acts as an effective antiplasticizer for PADAS. (bvsalud.org)
  • In addition, both the pristine polymer and the dispersion exhibited an interfacial Maxwell-Wagner relaxation, likely due to spatial heterogeneities associated with phase disproportionation in this polymer. (bvsalud.org)
  • As clients integrated with SEFs, the phased approach of implementation by the Commodity Futures Trading Commission has led to an orderly transition into electronic trading of derivatives. (tradeweb.com)
  • We defined early phase research as basic or discovery research (T0-T1) and late phase research as applied and implementation research, surveillance, and development of evidence-based guidelines (T2-T4). (cdc.gov)
  • Additionally, papers that could apply to multiple topic areas, and did not have a primary focus in any single topic above, were placed in the "other" category.Early phase translation (T0-T1) studies correspond to basic and discovery studies, while Late phase translation (T2-T4) studies report on surveillance, applied and implementation research and the development of evidence-based guidelines. (cdc.gov)
  • Zhao and coworkers report that a particular Scandium organometallic buckyballs can bind as many as 11 hydrogen atoms per transition metal, which gives the maximum retrievable H 2 storage density 9 wt% [ 14 ]. (hindawi.com)
  • In systems that are too small -- even, say, a thousand atoms -- the distinction between phases disappears, since the appearance of non-analyticity in the free energy requires a huge, formally infinite, number of particles to be present. (kids.net.au)
  • We describe and explain a concentration-driven transition in the contact angles of liquids on mixed monolayers. (nyu.edu)
  • While absorption spectroscopy can be used for liquid and solid phase analysis, it is arguably best suited for gas-phase analysis, as free gases are characterized by extremely sharp absorption lines, typically 100 - 10000 times sharper than those encountered in liquids and solids (as schematically illustrated in the figure on the front cover). (lu.se)
  • The results demonstrate that it transforms to a CaIrO 3 - type post-perovskite phase above 63 GPa at 1800 K. The density increase is 1.5% at the transition pressure. (degruyter.com)
  • In the physical sciences , a phase is a set of states of a macroscopic physical system that have relatively uniform chemical composition and physical properties (i.e. density , crystal structure , index of refraction , and so forth. (kids.net.au)
  • Clearly, in order to cancel the QCD vacuum contribution, QCD, formed during the QCD phase transition epoch, a positive contribution to the vacuum energy density should be formed at the same QCD energy scale QCD. (lu.se)
  • In contrast, infectious diseases and environmental/occupational exposures reflected much higher proportions of early phase research. (cdc.gov)
  • More than 30 liquidity providers and over 550 institutional clients have traded across Tradeweb derivatives platforms for interest rate and credit default swap indices, accessing liquidity through request-for-quote (RFQ), request-for-market (RFM), click-to-trade (streaming prices) and order book trading protocols. (tradeweb.com)
  • Damage to organs during transplantation occurs in 2 phases: the warm ischemic phase and the cold ischemic phase. (medscape.com)
  • House (RH) , the word (or a derivative) occurs 29 times in 340 pages. (lu.se)
  • Pure gas-phase measurements are often easy to quantify as they generally obey the Beer-Lambert law. (lu.se)
  • The upcoming phase-out of the interbank lending rate (IBOR) means big changes to financial services - but few firms are prepared. (ey.com)
  • Specifically, an optical security system embodying phase-encoding will be conceptualized as encryption means in conjunction with biometric measurements, with the general objective of producing an automatic, tamper-proof security system. (nsf.gov)
  • Less familiar phases include the paramagnetic and ferromagnetism phases of magnetic materials. (kids.net.au)
  • It is therefore not surprising that weightlifting derivatives are commonly incorporated into athletes' training programs. (lww.com)
  • It is very likely that phase-encoded encryption schemes could solve both those problems. (nsf.gov)
  • The gluon condensate directly influences properties of the quark-gluon plasma and its hadronisation, as well as dynamics of the QCD phase transition. (lu.se)
  • The bulk modulus was determined to be K 0 = 192(±5) GPa with a fixed pressure derivative of the bulk modulus, K', of 4. (degruyter.com)
  • On the other hand, the ferromagnetic phase of a magnetic material is distinguished from the paramagnetic phase by the presence of bulk magnetization without an applied magnetic field. (kids.net.au)
  • The order parameters, defined as derivatives of the free energy with respect to the coupling constants can be obtained as a solution of the Toda lattice equations. (gla.ac.uk)
  • And the torsion of a curve in $\mathbb{R}^3$ can be expressed using 3rd derivatives. (mathoverflow.net)
  • Mathematical description of the phase transition curve near the critical point Tomasz Su/lkowski Applicationes Mathematicae 34 (2007), 341-347 MSC: 34A34, 34C60, 80A17. (impan.pl)
  • They've set the benchmark rate for lending on an unsecured basis, underpinning the worldwide trade in financial products - from bonds and loans to derivatives and mortgage-backed securities. (ey.com)
  • Looking at the most recent period of fluctuation, the long-short funds only fell 4.5% compared to an 11% decline in long-only products during the corrective phase of market over the nine months until July 2022. (livemint.com)
  • The different phases of a system may be represented using a phase diagram . (kids.net.au)
  • The β → α phase transition and diffusion of the hydrogen in nanocrystalline vanadium films were investigated. (journaltocs.ac.uk)
  • The derivative of the electrical resistance of the saturated film revealed the broad β → α phase transition about 390 K. The diffusion coefficient of the hydrogen was obtained from the approximation of the time dependence of the increase of the electrical resistance of the non-saturated part of the film by an analytical expression. (journaltocs.ac.uk)
  • Phase transition marks a universal qualitative regime change in system properties as the control parameter is varied around a critical/transition point 26 . (nature.com)
  • Long-chain thiol derivatives can be used in model surfaces to attain control of surface roughness and chemical properties. (nyu.edu)
  • Newborn Screening is perhaps the most classic example of established public health applications of human genomics in practice, and accordingly, this topic had the highest proportion (86%) of late-phase studies (T2-T4). (cdc.gov)
  • The breaking of H-H bond is concerted with the formation of two C-H bonds on two adjacent C 60 in solid phase. (hindawi.com)
  • The breaking of the H-H bond is concerted with the formation of two C-H bonds on two adjacent carbon nanotubes in solid phase, facilitated by the application of high pressure which shortens the interstitial distance between nanotubes. (hindawi.com)
  • The basic principle of direct absorption spectroscopy is simple: light with a frequency close to a transition frequency of the atom or molecule of interest is sent through the sample and the intensity of the light transmitted through the sample is detected (see Fig. 1). (lu.se)
  • second-order transition' in IUPAC Compendium of Chemical Terminology , 3rd ed. (iupac.org)
  • The covariant derivative appearing above is given by \((D_\mu q)^i=\partial_\mu q^i+gA_\mu^a R^a_{ij}q^j\ ,\) where \(R^a\) is a generator of \(SU(N)\) in the fundamental representation to which the quarks belong. (scholarpedia.org)
  • The overall objective of the proposed project (Phases I and II) is to demonstrate the feasibility of the DNG concept. (nsf.gov)
  • This Small Business Innovation Research Phase I project will demonstrate a new class of optical devices that will form the heart of a low-cost, versatile, field-usable environmental monitoring system to be developed in Phase II. (nsf.gov)
  • The EU BMR will have severe impacts on derivative market, e.g. on the EUR, GBP, SEK and DKK, from January 2022. (wbstraining.com)
  • When a system goes from one phase to another, there will generally be a stage where the free energy is non-analytic. (kids.net.au)
  • At the ideal transition point, their size would be infinite, but before that can happen the fluctuations will have become as large as the system itself. (kids.net.au)
  • Thus, phases in a real system are only well-defined away from phase transitions, and how far away it needs to be is dependent on the size of the system. (kids.net.au)
  • This Small Business Innovation Research Phase I project involves research on development and application of an optical data acquisition system, I/O devices, and optical data analysis and recognition. (nsf.gov)
  • The concept will be rapidly prototyped for a proof-of-concept experiment, for feasibility evaluation, and for providing a preliminary design and demonstration plan for Phase II, which will involve development, building, and testing of a brass-board model of the optical security system. (nsf.gov)
  • compressibility , and so forth -- may be expressed in terms of the free energy and its derivatives . (kids.net.au)
  • One might ask why real systems exhibit phases, since they are not actually infinite. (kids.net.au)
  • The structure of the compound was determined between 300 and 20 K to investigate potential phase transitions as suggested in the literature. (st-andrews.ac.uk)
  • proposed the mechanism of H 2 molecule dissociative chemisorption on the close cousin of fullerenes, carbon nanotubes, in solid phase under high pressure [ 16 ]. (hindawi.com)
  • With the increased expectation of some IBORs discontinuation, the overnight benchmark changes and the increasing regulatory requirements related to benchmarks, a clear quantitative finance perspective on the impacts for derivatives is becoming paramount. (wbstraining.com)
  • According to GlobalData, Phase II drugs for Malaria have a 50% phase transition success rate (PTSR) indication benchmark for progressing into Phase III. (pharmaceutical-technology.com)
  • In this interactive webinar we will discuss recent updates from a loans, derivatives and regulatory perspective, as well as talk about some of the key risks and challenges from a disputes viewpoint. (nortonrosefulbright.com)
  • Tradeweb Markets builds and operates many of the world's most efficient financial marketplaces, providing market participants with greater transparency and efficiency in fixed income and derivatives. (tradeweb.com)
  • Here, we show that optical parametric oscillators (OPOs) can undergo second-order phase transitions in the spectral domain between degenerate and non-degenerate regimes. (nature.com)
  • multistability, phase transitions (switching) and hysteresis, a primitive form of memory . (scholarpedia.org)
  • form highly frustrated lattices of molecular dimers in which strong correlations give rise to Mott insulating states situated close to the metal-to-insulator phase boundary. (mdpi.com)
  • In the first two weeks of September, more than 110 institutional derivatives trading clients executed over $230 billion in global interest rate swaps on Tradeweb's request-based (RFQ) SEF. (tradeweb.com)
  • Which high-degree derivatives play an essential role? (mathoverflow.net)
  • Q . Which high-degree derivatives play an essential role in applications, or in theorems? (mathoverflow.net)
  • Inclusion of the catch phase during the CK does not provide any additional stimulus in terms of mean force or work during the load-absorption phase compared with the CPK, although the CPK may be beneficial in training rapid force absorption because of high force and a short duration. (lww.com)
  • Since launching derivatives trading in 2005, nearly $15 trillion in notional volume and over 210,000 trades have been executed on the Tradeweb Markets RFQ and central limit order book (CLOB) derivatives platforms. (tradeweb.com)
  • Although phases are conceptually simple, they are hard to define precisely. (kids.net.au)
  • For all major currencies, new benchmarks have been proposed and the market are in a transition phase. (wbstraining.com)
  • Market share for electronic trading of interest rate derivatives has increased from less than ten percent of overall volume before SEFs to about half of all IRS trades today. (tradeweb.com)
  • Each transition has its own idiosyncrasies and a common transition approach cannot be expected. (wbstraining.com)
  • 1. A. V. Emelyanenko and M. A. Osipov, Influence of dimerization on the nematic-isotropic phase transition in strongly polar liquid crystals. (msu.ru)
  • 2. A. V. Emelyanenko and M. A. Osipov, Nematic-isotropic phase transition in polar liquid crystals. (msu.ru)
  • 7. A. V. Emelyanenko and M. A. Osipov, Origin of spontaneous polarization, tilt, and chiral structure of smectic liquid-crystal phases composed of bent-core molecules: A molecular model. (msu.ru)
  • 15. A. V. Emelyanenko, Unified theory for the phase transitions in liquid crystals. (msu.ru)
  • NEW YORK, NY (September 17, 2014) - Tradeweb Markets, the leading global provider of fixed income and derivatives marketplaces, announced that average daily trading volume on TW SEF for interest rate swaps (IRS) has increased twenty-fold to more than $20 billion in the first two weeks of September compared to the first two weeks of trading on swap execution facilities (SEFs) in October. (tradeweb.com)