Credit options – part 4
Leave your thoughtsThis post may appear to be something of a diversion from our central topic of credit options, but it is... View Article
Author Archives for Fmarketuser
Credit options – part 3
Leave your thoughtsValuation It is somewhat inevitable that a discussion on credit options will require some explanation of their valuation. We can... View Article
Credit options – part 2
Leave your thoughtsRecap In part 1, we focused on the features of credit indices, on which the options are most commonly based. ... View Article
Credit options – part 1
Leave your thoughtsUnderstanding Credit Default Swap Indices In this series of posts we will have a look at credit default options which... View Article
Foreign Exchange Swaps – part 4
Leave your thoughtsMoving the delivery date of a currency receivable The largest segment of the Foreign Exchange (FX) market is FX swaps.... View Article
Foreign Exchange Swaps – part 3
Leave your thoughtsThe FX basis The question we seek to address in this blog is which interest rates should you use to... View Article
Foreign Exchange Swaps – part 2
Leave your thoughtsIntroduction In the first post we reviewed the theoretical methods used to calculate a forward FX rate. This was some... View Article
Foreign Exchange swaps – part 1
Leave your thoughtsI always say that the three most difficult topics in finance to teach are index tranche investing (don’t ask), bond... View Article
Total return swaps
Leave your thoughtsDefintions A total rate of return swap is a fixed for floating swap in which cash flows are exchanged but... View Article
Caps and floors in a risk free rate (RFR) world
Leave your thoughtsDefinition An interest rate cap is an option structure whereby the buyer is protected against rates rising above a pre-agreed... View Article