Log In
Or create an account ->
Imperial Library
Home
About
News
Upload
Forum
Help
Login/SignUp
Index
Introduction Dynamic Hedging
General Risk Management
1 Introduction to the Instruments
Synthetic Securities
Time-Dependent Linear Derivatives
Noncontingent Time-Dependent Nonlinear Derivatives
Simple Options
Hard and Soft Optionality
Mirror Image Rule
American Options, Early Exercise, and Other Headaches (Advanced Topic)
Hard American Options
A Brief Warning about Early Exercise Tests
Forwards, Futures, and Forward-Forwards (Advanced Topic)
Credit
The Correlation between the Future and the Financing (Advanced Issue)
Forward-Forward
Applying the Framework to Specific Instruments
2 The Generalized Option
Step 2. The Type of Payoff: Continuous and Discontinuous
Step 3. Barriers
Step 5. Order of the Options
Step 6. Path Dependence
3 Market Making and Market Using
Commoditized and Nonstandard Products
Trading Risks in Commoditized Products
Profitability
Proprietary Departments
Tacit Rules in Market Making
Market Making and the Price for Immediacy
Market Making and Autocorrelation of Price Changes
Adverse Selection, Signaling, and the Risk Management of Market Makers
Value Trading versus the Greater Fool Theory
Monkeys on a Typewriter
More Modern Methods of Monitoring Traders
The ArcSine Law of the P/L
4 Liquidity and Liquidity Holes
Liquidity Holes
Liquidity and Risk Management
Barrier Options and the Liquidity Vacuum
One-Way Liquidity Traps
Limits and Market Failures
Liquidity and Triple Witching Hour
Liquidity and Option Pricing
5 Arbitrage and the Arbitrageurs
Mechanical versus Behavioral Stability
The Deterministic Relationships
Passive Arbitrage
An Absorbing Barrier Called the "Squeeze"
Arbitrage and the Accounting Systems
Other Nonmarket Forms of Arbitrage
← Prev
Back
Next →
← Prev
Back
Next →