I believe that I've found some errors in a paper published by Hull and White, or at the very least, I found some assertions that can be improved upon.
The trouble is I'm working off a preprint. The published article itself is $99. Jeez.... wtf!
Can some kind soul who's still in college and...
I'm filling out a job application at a major investment bank. One of the "canonical" banks people always blurt out when you ask them for an example of an IB.
You know the deal. You attach your resume and then get the pleasure of typing the whole thing again.
I'm working on my education...
Has anyone taken the PRM Certification in the past year or so?
I don't suppose there are any used copies of Professional Risk Managers' Handbook - 2015 Edition for sale? Strangely, I can't seem to find this book used.
Well, I'm now a master of science of financial engineering. Yay!!!
I do have a question about the sheepskin, though. I picked up my degree from the registrar, and it says:
The Bernard M. Baruch College
The City University of New York
blah blah blah confers upon:
Peter Jay Salzman
From: Par value - Wikipedia, the free encyclopedia
Isn't this misleading? If the bond pays coupons, there's a last coupon payment at maturity, and it certainly isn't "stated on the face of the bond".
Shouldn't the sentence be changed so:
This might be a good subject for a Capstone project. It's a great paper, but I think there are some lingering questions that are begging to be answered.
In case you haven't heard the news, Professor Neftci passed away yesterday in Geneva.
Professor Salih Neftci was born in Kirkuk from a family connected with oil fields but that had themselves emigrated from Turkmenistan... and he made his way to the highest circles of Istanbul, NY, London. He...
Suppose I have a base class Domain and derived class DomainFloating.
Domain is abstract, since it defines an interface:Domain.h:
virtual double deltaCentral() const = 0;
virtual double gammaCentral() const = 0;
virtual double uApprox() const = 0;
virtual double vApprox() const = 0...
Romania removes theory of evolution from school curriculum | International Humanist and Ethical Union
I understand how there can be a national debate on a "controversial" topic, but when an entire country strikes a major theory from its national curriculum, that just blows my mind.
There's going to be a conference on Algorithmic Trading at NYU's Courant Institute on Friday, October 3 2008, starting at 8:30am. The venue will be the Skirball Center
The conference's title is: "Algorithmic Trading: Dynamic Portfolios, Optimal Execution, and Risk" and the list of speakers...
Dunno if this is the right forum, but the question sprung into existence as a direct consequence of HW #1, so perhaps this is the right venue for a programmy type question.
"using namespace std;" brings in all kinds of stuff into the global namespace, ranging from file readers to iterators, to...
In Neftci's book "Principles of Financial Engineering" on pg 37, first paragraph he writes:
"The bid-ask spread suggests that the interest is the asking rate"
I don't understand this. First of all, what exactly is the bid-ask spread here? I would think the "bid" rate would be zero: if I...