Cutting Edge introduction: The collateral currency convexity problem

The collateral currency convexity conundrum


Sometimes science progresses as much from an examination of its assumptions as through a new piece of experimental data. Physicist Hendrik Lorentz had already derived most of the relevant mathematics for the special theory of relativity, but he and his peers couldn’t resolve the apparent paradoxes until Einstein saw that a constant speed of light was needed. Darwin examined countless species empirically, but it was finding the common ingredients of an evolutionary system that led to his discover

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