NEWSLETTER 348 JANUARY 2019

Editorial Newsletter Editorial January 2019 Once again:MathFinance Conference (8-9 April) – for the 19thtime we will bring the quantitative finance community in Europe together to discuss many cutting edge issues and research results. We are looking forward to...

NEWSLETTER 347 DECEMBER 2018

Editorial The Sales-Margin Transparency Farce The current commercial blast between Black Friday and Christmas inspires me to explain the sales margin in a financial product and its transparence overlay-farce. Consumers are often led to think that zero-cost products...

NEWSLETTER 346 NOVEMBER 2018

Editorial Payoff, P&L and Effective Exchange Rate Diagrams Today, we go back to financial products 101 and discuss payoff, P&L and financial exchange rate diagrams. The reason is that I regularly experience confusion and misconception, thus it is time to...

NEWSLETTER 345 OCTOBER 2018

Editorial Tender-Linked FX Forwards Financial product innovation in FX markets has slowed down enormously in the second decade. The big innovation for treasurers in the first decade was the target redemption forward, which has now become a standard range of products...

NEWSLETTER 344 SEPTEMBER 2018

Editorial   XOF   XOF is not the exit for Offenbach, nor an old-fashioned precious metal, but the currency code for the CFA Franc. The West African CFA franc is the currency of eight independent states in West Africa: Benin, Burkina Faso, Guinea-Bissau,...

NEWSLETTER 343 AUGUST 2018

Editorial Trade Idea for the Turkish Lira The price of a EUR in Turkish Lira (EUR-TRY) has moved up from 5.00 to above 7.00 in the last 3 months, a rise by more than 40%. For currencies, even for emerging markets’ currencies, this is a dramatic move. Along with the...