Asia Risk
Malaysia's changing face
Structured products
Ripe for investors?
Cover story
CPDOs: the real driver of the credit rally?
New Angles
Singapore stakes its claim
Islamic finance
Home help for foreign investments
China regulation
CDSs on CDOs
Isda documentation
Shedding shackles
Korea regulation
A two-pronged approach
Profile
Building liquidity
Profile
Under the yoke
India regulation
Maximum draw-down and directional trading
Maximum draw-down measures the worst drop in a market in a given time period. Jan Vecer shows how to price and replicate this event. Replication can be naturally linked to existing popular trading strategies, such as momentum or contrarian trading
On the move
People