Before revision: This article makes use of the apparent indifference that the market has been devoting to the developments made on the fundamentals of quantitative finance, to introduce novel insight for better understanding market evolution. We show how these drops and crises emerge as a natural result of local economical principles ruling tradesbetween economical agents and present evidence that heavy-tails of the return distributions are bounded by constraints associated with the topology of agent relations .
After revision: This article makes use of the logarithmic return distributions have bounded heavy-tails of the return distributions are bounded by constraints associated with the topology of agent relations .