I could start you on a simple way to price a vertical. Do you know what a BOX is?
Forgot this: Most people focus on the first two because the third takes work and effort.
One way is to leg into the spread. This can be tough when the options series aren't liquid. Another way would be to use a scanner to search for...
They have entered into other lines of e-finance. I think their mortgage business is doing really well. As far as the broker side, I would think...
you are better off shorting a stock rather than creating a synthetic short using options. Dividends and interest are calculated into the option...
A proper answer to your question would be rather long. At the rate Metoox is going, he could take a couple of years. After driving for 15 hours...
A bunch of French traders went on strike in 98 when the Matif went electronic.
FOC/LIT RATE SHEET Effective Date: 08/26/02 Interest Rate Change Old New Change Broker Dealer Rate 2.4375 2.5000 0.0625...
It doesn't seem that option MM clearing firms and groups underneath them pursue novice traders who could put up their own capital. Despite Don...
Mid-am is part of the CBOT. Everybody knew this was coming. My impression is that it was the brokers who were the biggest opponents of...
Sorry, I kind of fucked that up. I went back and got the same right answer you did. My mind was focusing on a some different issues of the cost...
Reading through the stories makes me think that the Eurex is going to make a move in the U.S. The key point here is that their renegotiated...
From their letters page:...
From another one of their websites, I found this: Link:...
This explains some of it. From:...
Doh! I thought it was just the OM software. Looking through the site again, I cleared up an issue which was debated on another thread. So,...
The Eurex already has a presence for trading interest rate products here in the U.S. Also, it wouldn't surprise me if Euronext looks to make a...
I was specifically refering to what Maverick said about clearing firms using the ten-year bond. I know some people advocate using this in models....
It's not the ten year note which is used. They use short term rates. Here are the ones from today. The long BD rate hovers around 2.5%...
When this thing launches, there will be six options exchanges. How many can be supported even in a good market?
Separate names with a comma.