Observing prices of European put and call options, we calibrate exponential Lévy models nonparametrically. We discuss the efficient implementation of the spectral estimation procedures for Lévy models...
CFD activity on the increase but banks keep their distance
A highly engaging intensive one-week programme designed to meet the demands of the risk professional by bridging the gap between theory and practice in financial risk management. Save your seat now: programme starts March 23rd 2015.
More DAX articles
Advancement through volatility
While North American equity ETFs have had big inflows since the start of the year, those based on European equities have had huge outflows
Playing it safe
Société Générale's product is likely to be used by those who have lost out on spread betting or equity investors wanting to boost returns.
RBS has launched a series of certificates that offer investors in Germany exposure to precious metals and the Dax at a discounted price
BS launches Europe's first leveraged and short ETFs with monthly rebalancing
The problems in the eurozone are unleashing volatility across the continent's indexes, thereby making it easier for bankers in Germany to offer good coupons on autocallables
Deutsche Bank has developed a fund based on benchmark indexes, using a call-overwriting strategy to provide downside protection for investors who want to invest in equities but are cautious about market...
JP Morgan and Deutsche Börse have teamed up on the launch of the DAXglobal Emerging 11, an index of emerging market equity exposures.
This whitepaper reviews the fundamental changes of Liquidity Risk Management under Basel III. It discusses how institutions can meet the regulatory requirements on liquidity risk management by enhancing their liquidity risk analytics, funds transfer pricing methodologies, liquidity stress testing frameworks, and enterprise risk management platforms.