Recent content by cillianmccotter

Thread on the FRM subreddit suggesting technical issues with the computer based exam today provided by PSI... great...

Not surprised at all Tom given the difference in P1 vs P2 venue/testing format of CBT vs Hotel - I expected this to happen actually. Extremely disappointing that GARP haven't a) facilitated CBT for P2 this May or even b) pushed the May exam out to June/July i.e. a much sooner date when...

Just received an email confirmation about Part 2 postponement in Dublin until December :oops:

@Bluefox21 I just checked (I'm due to sit P1 and P2) and mines is the same as you've stated above. Poor again from both PSI/GARP to have this slip through - imagine may need to ring/email PSI to explain/clarify? Thanks for flagging that too, I probably should have checked soon given how fussy...

@Bluefox21 Bluefox, would be greatly appreciated if you could post in here (assuming the exam goes ahead) on Saturday evening to confirm you did indeed sit the exam. @Nicole Seaman - would Bluefox giving us a simple yes/no as to whether the exam went ahead be classified as "discussing" it, per...

Just realised now that CFA L1 went ahead back in February - run by Prometric (similar type outfit to PSI), and apparently higher education was deemed an acceptable reason at the time to travel outside the 5km restriction.. interesting.

I think P1 CBT has a better chance of going ahead given the different testing sites and dates etc. but honestly couldn't call P2. I had a look yesterday on the GARP portal and apparently the venue for P2 is the same Crowne Plaza Santry as where the new Hotel Quarantine is taking place?! I also...

Hi all Dublin takers - has anyone considered trying to switch venue for the exam to somewhere in the UK? I'm signed up for both parts but am not optimistic about the currently situation here. Thinking I could possibly try switch my exam site(s) to Edinburgh where it would be more likely to go...

@Tommccabe I'm going to try and sit both in May - how realistic a proposition that is, I'm not sure. P1 is CBT format so I'll be pretty miffed if I couldn't even sit that, given that it's GARP's and other institutions' answer to COVID and the pandemic, but with the way cases are in Ireland, I...

@Nicole Seaman Thank you for this - my interpretation of GARP's language sounds like it could do with some improvement!! :p I actually thought they meant a journey to the physical site - in my defense I think it could been worded more clearly on their end - website would have avoided any...

@Nicole Seaman Hi all - just to add some information from a recent query I had with GARP on this. When I saw the note on the BT forum saying that candidates had to go to the test site, I asked GARP if this was the case - I had already registered my sitting/time in the test site in Dublin. I...

I absolutely will keep you in the loop, and have been operating in the same manner as yourself i.e. studying as if it were to go ahead. Sorry If I gave you an unnecessary shock! I just couldn't believe it when the person used the word "unlikely".. in any case, I emailed GARP (not that I expect...

@ktrathen How do you think we are looking to have the exam(s) proceed in Melbourne next weekend? I called the MCEC today and the person on the phone said it was "unlikely" but that he couldn't say for certain and that I should contact GARP! Have you had any correspondence thus far? I will be...

I would say of transfer, accept, mitigate, or avoid, they're certainly going with the latter...

It intuitively would make sense to obviously always use returns, as it scales both asset price series into a comparable format, and once exposure of the asset and hedge are matched off, a negative return in the asset will then produce an equal and opposite positive return on the hedge. Went back...