Explore the concept of underlying assets in derivatives trading, including options and futures contracts, and understand their critical role in financial markets.
Explore the intricacies of gamma, a second-order risk measure in options trading, explaining how it impacts an option's price sensitivity to movements in the underlying asset.
Delve into the world of look-alike contracts, their market role, advantages, criticisms, and regulatory insights. Learn how these OTC derivatives mimic physically settled futures.
Explore the concept of a 'leg' within multi-part trading strategies. Learn how legs function in derivative contracts and sophisticated trading setups to optimize profits in uncertain markets.
Explore the concept of roll backs, a derivatives trading strategy aimed at replacing existing positions with ones that have closer expiration dates, reducing market risk and enhancing portfolio management.
Dive into the core of financial engineering, exploring its implications in banking, trading, and risk management. Grasp the principles behind the introduction of advanced financial products and strategies.
Dive into the scandalous career of Jerome Kerviel, the trader who caused a staggering €4.9 billion loss at Société Générale through unauthorized trades.
Explore the complexities of rollover risk in debt refinancing and derivatives trading, and discover how economic conditions impact these financial strategies.