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Maybe part II is released a bit after part I? Godspeed @brian.field Wishing you the best

Congrats @farahm ! Wishing you the best!

Congrats!!! @HarshilDave , @ashish_pandey and @ngocmnb314 Wish you the best!

Thanks @Nicole Manley ! I would like to have the Amazon Gift card please Thanks once again

Dear Brian , I have tried my best to avoid political discussions (that was my first rule in this thread) and have kept it purely for Finance. By the way, did you check out the earlier posts on my short and medium term strategies? What do you feel?

Dear @brian.field Thanks for this, I would love to attend By the way, this seems to be a topic still pregnant with ramifications as discussions abound on multiple sites. Here is a site that you might be interested, it has some famous minds like George Soros who have commented on this...

Hi @arkabose You are probably right w.r.t the second one, I thought about it as well. If he was using the Chain rule, then the + sign gets replaced by =, but I was not too sure if thats what he meant and quoted him exactly. Then, again, your knowledge of Mathematics involved exceeds mine. The...

Hi there @arkabose , that's a brilliant question:) I think you mean the increase in the implied volatility itself in absolute amounts, as the time to maturity increases though the smile is less pronounced? If thats so, 1. I think it is based on the expectation of the Market that as the time...

Some Final Thoughts on the same: The greatest threat is the existential:(, this one will cause the global markets to tank further than what the referendum did. As you may have noticed from the NYT chart. The vote left the UK deeply divided as a nation. The country which was the progenitor of...

Right, in continuation of the above, B. Medium term Trades 1. The Govt. Bonds of the usual suspects, Italy, Greece et.al, would probably have their spreads widened due to increased perception of risks from these, so, we may short them now to earn these spreads. 2. Gold will increase in the...

The last post of @Dr. Jayanthi Sankaran sums up what was done in the wake of the referendum. In addition, I wish to add a couple of more points here A. Short Term Trade Actions 1. Traders could have used the CBOE VIX on the S&P 500 and its equivalents on other indices, as the chance for a rare...

Hi there @Stuti Those are excellent questions, however, they involve some mathematical properties and I shall endeavor to explain based on some mathematical knowledge that I had to delve into, though not as deep as needed by a STEM person, for an FRM. More advanced practitioners over here will...

Hi there Arka Good points, those, I want to encourage others to write here, so let my points come at the end.

Like you had earlier entered into a contract to purchase some goods from British suppliers, you must have entered into some hedges, now will that hedges backfire? you renegotiate the hedge? create new hedges? You are an Asset Management company holding a wide variety of securities with a...

On the 23rd of June 2016, a historic decision was taken, The English and Welsh voters decided to leave the European Union (Collectively they constituted the majority in Great Britain, the Scots wished to remain while Northern Ireland was a mixed bag) While I cannot comment whether the decision...

Hi, @James M K In addition to what @Mkaim has stated, which I agree wholeheartedly, I want to share some additional tips, try searching for the topics that you don't understand on Youtube, chances are you get a lot of videos that were posted by @David Harper CFA FRM in his earlier days from...

Saw it on NYT yesterday, was thoroughly shocked and sickened by that Bank, looks like clock has turned a full circle for Jerome Kerviel. However, if we dig deeper into the documents, once they are declassified, we will find that the Bank would have made a travesty of a competent Risk Management...

This is addressed to @David Harper CFA FRM, @Nicole Manley and to all members whose friendship that I was able to earn and cultivate through this forum, it is with great pleasure and gratitude that I am saying this, effective yesterday, I have become a certified FRM. (I was shocked and filled...