Measuring the summary informativeness of orders and trades

Improved preservation of order flow history from the automation of derivative trading platforms suggests that traders are potentially learning from the recent history of both order and trade parameters. Consequently, a model to measure price discovery should encapsulate the dynamic interaction between the price-size coordinates of orders and trades. The Hasbrouck (1991) model is extended to measure the summary informativeness of order size and trade size. The two models are used to test for price discovery improvements in the FTSE 100 index futures market from order flow consolidation post deletion of its E-mini counterpart. The informativeness of trades has declined sharply, while the informativeness of orders has risen significantly in the post deletion sample.

Plasticized single conductung polyelectrolytes based on poly (AMPS)

Poly(2-acrylamido-2-methyl-propane-1-sulphonic acid), poly(AMPS), has been ion exchanged with lithium and sodium to form alkali metal ion conducting polyelectrolytes. In the pure form these materials are rigid and would thus show limited conductivity. However addition of water or dimethylsulphoxide, as plasticizers, increases the conductivity by several orders or magnitude. The thermal analysis and NMR relaxation studies of these systems suggest that the increase in conductivity is as a direct result of increased ion mobility although the FTIR evidence still suggests significant ion association consistent with weak electrolytes. Although the Tg's of the sodium form of the polymer were higher, this system displayed higher conductivities than lithium which can be explained by a greater degree of ion dissociation and hence a larger number of charge carriers in the case of sodium poly(AMPS).

NMR determination of ionic structure in plasticized polyether-urethane polymer electrolytes

Solid polymer electrolytes based on amorphous polyether-urethane networks combined with lithium or sodium salts and a low molecular weight cosolvent (plasticizer) have been investigated in our laboratories for several years. Conductivity enhancements of up to two orders of magnitude can be obtained whilst still retaining solid elastomeric properties. In order to understand the effects of the plasticizers and their mechanism of conductivity enhancement, multinuclear NMR has been employed to investigate ionic structure in polymer electrolyte systems containing NaCF₃SO₃, LiCF₃SO₃ and LiClO₃ salts.

With increasing dimethyl formamide (DMF) and propylene carbonate (PC) concentration the increasing cation chemical shift with fixed salt concentration indicates a decreasing anion-cation association consistent with an increased number of charge carriers. ¹³C chemical shift data for the same systems suggests that whilst DMF also decreases cation-polymer interactions, PC does the opposite, presumably by shielding cation-anion interactions. Temperature dependent ⁷Li spin-lattice relaxation times indicate the expected increase in ionic mobility upon plasticization with a shift of the T₁ minimum to lower temperatures. The magnitude of T₁ at the minimum increases upon addition of DMF whereas there is a slight decrease when PC is added. This also supports the suggestion that the DMF preferentially solvates the cation whereas the action of PC is limited to coulomb screening, hence freeing the anion.

Towards a better understanding of 'delocalized charge' in ionic liquid anions

One of the main characteristics that are attributed to ionic liquids (especially those with a low melting point) is that the anions comprising the ionic liquids possess a certain degree of charge delocalization as compared to anions in traditional molten salts. Based on the proton affinity equilibrium we proposed a new energetic criterion that can be used as a measure of charge delocalization. The proposed proton affinity comparison quantifies the extent to which ionic liquid anions are delocalized. Thus it should lead to a better understanding towards the design of task-specific ionic liquids. Therefore, this criterion can be applied to newly designed anions to assure that the extent of charge delocalization falls within the same range of values on the proton affinity scale as other commonly used ionic liquid anions.

Nanoparticle enhanced conductivity in organic ionic plastic crystals : space charge versus strain induced defect mechanism

High conductivity in solid-state electrolytes is a critical requirement for many advanced energy and other electrochemical applications. Plastic crystalline materials have shown promise in this regard, and the inclusion of nanosized inorganic particles in both amorphous and crystalline materials has indicated order of magnitude enhancements in ion transport induced by space charge or other defect enhancement. In this paper we present conductivity enhancements in the plastic crystal N,N‘-ethylmethylpyrrolidinium bis(trifluoromethanesulfonyl)amide ([C₂mpyr][NTf₂]) induced by nanosized SiO₂ particles. The addition of the nanoparticles dramatically increases plasticity and ion mobility. Positron annihilation lifetime spectroscopy (PALS) measurements indicate an increase in mean defect size and defect concentration as a result of nanoparticle inclusion. The scaling of the conductivity with size suggests that a “trivial space charge” effect is operable, although a strain induced enhancement of defects (in particular extended defects) is also likely given the observed increase in plasticity.

Electrowetting measurements with mercury showing mercury/mica interfacial energy depends on charging

We demonstrate that the interfacial energy between mercury and mica is a function of charge on the mercury surface, decreasing with increasing positive charge. The contact angle of mercury on mica has been measured as a function of potential applied to the mercury, which forms the working electrode of a cell containing either KC1 or NaF electrolyte solution. At high negative applied potentials, a stable aqueous film exists between the mercury and mica surface. As potential is made less negative, the film collapses and mercury partial1 wets the mica at a critical potential, close to the electrocapillary maximum. Upon increasing the potential further (making the Hg surface more and more positive), the contact angle measured within the mercury continually decreases. Electrowetting with mercury is not unexpected since its interfacial tension with the aqueous phase is known to be a function of applied potential. However, the observed decrease goes against the trend expected from the Young equation if only this effect is considered. To explain the data we must allow the mercury/mica interfacial tension also to vary with applied potential. This variation indicates that the mercury surface is positively charged by contact with mica, consistent with known contact electrification between these two materials. The inherent charges at the mercury interfaces with mica and electrolyte solution result in contact angle changes of some tens of degrees with a change in applied potential of half a volt orders of magnitude less than the potentials required to effect comparable changes in other electrowetting systems.

Elves processing Christmas orders in an office SFX

A sound design that animates elves working in an office processing Christmas orders.

Investigating nanoparticle-substrate interaction in LSPR biosensing using the image-charge theory

Localized surface plasmon resonance (LSPR) has been used to develop optical biosensors. Tuning the resonance wavelength to detect target biomolecules with a particular dipolar resonance is essential when designing LSPR biosensors. In this paper, the interaction of nanoparticles (NPs) with glass substrate (SiO2) for LSPR wavelength is investigated using the concept of the image-charge theory. Using the FDTD method, it is shown how the NP and substrate size change the plasmon wavelength. Next, this phenomenon is interpreted using the analytical electrostatic eigenvalue method.

A new route to prepare multiresponsive organogels from a block ionomer via charge-driven assembly

We report a novel route to prepare multiresponsive organogels through charge-driven assembly between a block ionomer and a diblock copolymer. The ionic complex aggregates to form spherical cores, which are connected by the middle block of the block ionomer to form gels. The organogels are responsive to acids, amines and salts.