Contango and backwardation are about the relationship between the spot and forward price. If Forward is greater than Spot, it's contango (upward sloping forward curve)....
Asian options have terrific advantages over plain-vanilla options. Because an AVERAGE spot/strike price is used: (1) the option is less volatile which makes it cheaper,...
Salman Khan, a 33-year-old math and science whiz kid -- working out of his house in California's Silicon Valley -- may be revolutionizing how people...
The Gaussian copula was gainfully employed prior to the credit crisis, and it has pretty much been shamed. Mathematically, it's an elegant way to join...
Fronting is a defensive basketball technique used to guard against the pass between two offensive players. Guard a tall player with tips from an experienced...
Yesterday I talked about the conceptual difference between traditional duration and key rate shift; ie, duration assumes all rates shift in parallel, but a key...
