Even with the repeal of the 'Don't Ask, Don't Tell' (DADT) policy, the U.S. Army has seen increased cases of sexual harassment; sexual assault; and discrimination of gay, lesbian, and bisexual (GLB) service members by other service members. Despite this trend, few studies have explored the experiences of victims of sexual harassment and sexual assault of GLB recruits before, during, and after the repeal of the DADT policy. Using the bystander effect as the theoretical construct, the purpose of this phenomenological study was to explore the experiences and interactions with a sample of 11 drill sergeants (DSs) who witnessed GLB discrimination in order to gain insight on strategies to prevent sexual harassment and discrimination against GLB recruits. Interview data were inductively coded and subjected to a thematic analysis procedure. Key findings indicate that participants perceived a general support for GLB inclusion into the basic combat training environment, and participants were unaware of the high number of discharges of service members from the U.S. Army during the implementation of the DADT policy. Another important finding is that participants were supportive of GLB scenario-based training. Finally, the bystander effect was found to be the main reason participants failed to intervene when instances of discriminatory or abusive behavior was observed. Implications for positive social change can be realized in the U.S. Army through promoting awareness of GLB discrimination, its impact, and how DSs can lead the effort in preventing this sort of behavior against the GLB recruits. A key recommendation is for the U.S. Army to explore implementing scenario-based training for all recruits as part of this effort.

This dissertation consists of 3 essays that examine the impact of electronic screen trading in futures markets. The research provides empirical evidence on increasingly significant issues given the rapid global advances in technology used in securities markets. Each essay addresses the scarcity of conclusive research in order to aid researchers, regulators, exchange policy makers and systems builders as they confront issues related to electronic trading systems.

<p>This essay is about how to achieve the course goals of English A, at upper secondary school, by using literature. The novel Go Ask Alice is targeted and a number of exercises are presented as different examples of how to achieve course goals.</p>

Den här uppsatsen behandlar företag som är listade på Stockholmsbörsen som gjorde omvänd split mellan 1995 och 2004. Företagen är testade för abnormal avkastning kring tillkännagivandet av den omvända spliten, samt förändringar i köp-sälj ratio, handels volym och antalet handelsdagar där ingen handel skedde i aktien. Inga abnormala avkastningar eller signifikanta förändringar i köp-sälj ration eller handelsvolymen kunde hittas. Däremot så visar förändringen i antalet handelsdagar utan handel i aktien en försämring och antalet handelsdagar minskade i de aktier som genomgått en omvänd split. Detta medför att likviditeten minskade för de företag som genomförde en omvänd split. / This paper addresses reverse splits for firms trading on the Stockholm stock exchange between 1995 and 2004. The related sample are tested for abnormal returns surrounding the announcement day of the reverse split, as well as any changes in bid-ask spread, trading volume and the number of non-trading days. No findings of abnormal returns or significant changes in either bid-ask spread or trading volume could be found, while the number of non-trading days for the whole sample increased. This may suggest that the marketability decreased for the reverse splitting firms.

As one of the oldest and most innovative financial institutions, a clearinghouse efficiently clears and settles payments for equity transactions as well as other securities. However, this paper will only be concerned with common and preferred equity securities. The purpose of a clearinghouse is to reduce counterparty risk. It acts as an intermediary between two parties, so that the risk of one party failing to honor its contractual obligation is diminished. It reduces settlement risk through netting, the process of eliminating offsetting transactions, thus decreasing the amount of cash flow. I examine the impact of the New York Stock Exchange Clearinghouse upon its establishment in May 1892. Specifically, I analyze the clearinghouse’s effect on trading costs for different equity securities, scrutinizing the effects on bid-ask spreads. I find that once a firm joined the NYSE clearinghouse, both its relative and absolute bid-ask spreads are narrowed, representing an overall reduction in spreads of 5.28 percent.

The thesis is composed of two topics: A SOC design for one-time implantable spinal cord stimulation system ¡]SCS¡^, and the design of an inter-chip capacitance coupling circuit. In the first topic, the SOC design using wireless power and data transmission techniques for the SCS system is presented in this work. The proposed SOC can control 4 electrodes to generate different patterns of stimulation waves. It has multiple modes to drive whole the SCS system. Notably, the SOC contains a novel ASK demodulator which converts the ASK signals into digital signals reliably. The SOC is implemented using a typical 0.18-£gm 1P6M CMOS process. The chip area is only 1.71 * 1.41 mm2. Besides, the volume of the implantable SCS pulse generator utilizing this SOC is less than 24 cm3, and the power consumption is only 59.4 mW. In the second topic, a high-speed inter-chip capacitance coupling circuit is presented. Digital signals between two chips can be transceived through capacitive coupling of the proposed circuit. Notably, the transceivers are designed below the capacitors to attain the area reduction. It is an advanced application for high-speed wafer testing and 3D IC communication. A prototype chip is presented to achieve 2 Gbps on silicon using a typical 0.18 £gm 1P6M CMOS process. The chip area is 1045 ¡Ñ 894 £gm2. Besides, it only costs 21.47 mW in terms of power consumption. This capacitive coupling technique for high-speed digital circuit has great potential in the coming future.

Amplitude and Phase Shift Keying (APSK) format is one of the most attractive advanced modulation formats because of its good spectral efficiency. As the information bandwidth of the current optical fiber communication system is limited by the optical amplifier bandwidth, it is important to utilize the limited bandwidth effectively. This master thesis focuses on to study the transmission performance of the APSK format both theoretically and experimentally. At first, a theoretical study was conducted using a numerical simulation. As the Extinction Ratio (ER) of the Amplitude Shift Keying (ASK) signal affects the performances of both the ASK and the Phase Shift Keying (PSK) signals, the effect of the ER upon the transmission performance of the APSK format was studied. A clear trade-off between the performance of the ASK signal and the PSK signal due to the change of the ER was observed. Then, in order to improve the performance of the APSK format, a method to improve the transmission performance was proposed. This method was named as ¡§zero-nulling method¡¨, and it solved the trade-off issue caused by the ER. The effectiveness of this method was confirmed through the numerical simulation. Next, an experimental study was conducted. An experimental setup including 330km optical fiber transmission line was prepared, and it was used to confirm the results of the theoretical simulation. The performance trade-off between the ASK and the PSK signals due to the ER was confirmed experimentally. Finally, another experimental study was conducted. An experimental setup of 500km transmission line was used for this study. By adopting the recirculating loop experimental setup, the transmission length could be extended to a few thousand kilometers. The applicability of the ¡§zero-nulling method¡¨ was confirmed using this experimental setup.

<p>Den här uppsatsen behandlar företag som är listade på Stockholmsbörsen som gjorde omvänd split mellan 1995 och 2004. Företagen är testade för abnormal avkastning kring tillkännagivandet av den omvända spliten, samt förändringar i köp-sälj ratio, handels volym och antalet handelsdagar där ingen handel skedde i aktien. Inga abnormala avkastningar eller signifikanta förändringar i köp-sälj ration eller handelsvolymen kunde hittas. Däremot så visar förändringen i antalet handelsdagar utan handel i aktien en försämring och antalet handelsdagar minskade i de aktier som genomgått en omvänd split. Detta medför att likviditeten minskade för de företag som genomförde en omvänd split.</p> / <p>This paper addresses reverse splits for firms trading on the Stockholm stock exchange between 1995 and 2004. The related sample are tested for abnormal returns surrounding the announcement day of the reverse split, as well as any changes in bid-ask spread, trading volume and the number of non-trading days. No findings of abnormal returns or significant changes in either bid-ask spread or trading volume could be found, while the number of non-trading days for the whole sample increased. This may suggest that the marketability decreased for the reverse splitting firms.</p>

We study the intraday behavior of bid-ask spreads for actively traded TAIEX option in Taiwan. A study of quality of price quotation offered by market makers is important because the market makers have the responsibilities to keep trading costs low and promote price discovery. Due to the observed wider price quotation from market makers, we find that market makers offer inefficient price quotations to fulfill their obligations under requirement of market making. Moreover, ways of quotation market makers choose, indeed, affect the price quotation of market makers. We also find foreign institutional investors (QFIIs) and market makers bear lower execution cost when they deal on TAIEX option market. Overall, despite the large trading volume and increasing liquidity in TAIEX option, our results suggest that market makers do not play an important role to the market liquidity of TAIEX option market as we thought previously. / We study the intraday behavior of bid-ask spreads for actively traded TAIEX option in Taiwan. A study of quality of price quotation offered by market makers is important because the market makers have the responsibilities to keep trading costs low and promote price discovery. Due to the observed wider price quotation from market makers, we find that market makers offer inefficient price quotations to fulfill their obligations under requirement of market making. Moreover, ways of quotation market makers choose, indeed, affect the price quotation of market makers. We also find foreign institutional investors (QFIIs) and market makers bear lower execution cost when they deal on TAIEX option market. Overall, despite the large trading volume and increasing liquidity in TAIEX option, our results suggest that market makers do not play an important role to the market liquidity of TAIEX option market as we thought previously.

Essen, Univ., Diss--Duisburg, 2008.