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Hi David, Just wanted to let you know that the study notes (Castagna Ch.6) need to be amended slightly, the chart on the last page ( I think this table were from the books) says that the TSECF & the TSECCF is changed for the reverse repo agreement, but in this transaction ownership is with the...

Thanks, I really appreciate it. Will look into this more carefully.

lol Noted & I appreciate everything you do for me and the other candidates :)

Hi David, Can you please summarize what's happening in the equity, mezzanine and senior tranches as default correlation is increasing. For some reason I'm still not clear with the explanations above. Also in the FRM book it says that hedge fund strategies are going long the equity tranche and...

Thanks David, really cleared the concept for as usual! I'm kicking it up a notch now for my part 2 exam in December so ill probably be more active on the forum.

Hi David, Hope your well, I have a quick question. Please see below: "Securities used as collateral “circulate,” since the borrower of securities can typically lend them to another, a practice called re-hypothecation or re-pledging of collateral." Shouldn't this statement read the lender can...

There is no exact score that determines a pass, it depends on all the candidates collectively,

You were close bro(2323) in my opinion you were on the line. I recommend you push your self and do it again.

Yes results are out, I just wanted to say sincerely thanks to David & Nicole. I honestly really appreciate all the support you provided. Don’t want to be to happy & excited, will now focus and work even harder for part 2 using BT.

Does anyone know what time the results may be posted?

Hi Nicole, From previous experience does that basically mean that results could be released before the 4th?

For me though when I try to register, it doesn’t allow me to do so. Is it the same for you?

Same thing with me, well atleast now I know I’m not the only one

Your welcome bro, but to be honest I was checking for the results literally every 30 min they should of updated that sooner.

GARP login, can you check and let me know

GARP login

Hey bro, can you check if this is accurate? I believe on the site it changed to Dec, 4 2020.

Actually, now I’m curious how we will receive our grades on the 29th.

Well, you didn’t get to see the whole thing.

@czet “The only question in that exercise was whether to calculate the SD by dividing by n or n-1. I went for n-1 since it's a sample standard deviation. Oh and also not forgetting to take the square root. ” It was a sample so it is more appropriate to divide by n-1 but don’t think they will...