FSA guidance on liquidity swaps imminent following meeting with banks and insurers
Gaussian copula models are often used in the industry when single-asset information is quoted but little is known about their joint relation. These models may arise from correlated stochastic Brownian processes with deterministic volatility and correlation....
The Orsa challenge
The volatility challenge
Arguments on artificial volatility dampeners must focus on fundamentals if political consensus is to be reached, warns Skinner