Tags » Derivatives

Life below zero – the impact of negative rates on derivatives activity

James Purchase and Nick Constantine.

In 1995, Fischer Black, an economist whose ground-breaking work in financial theory helped revolutionise options trading, confidently stated that “the nominal short rate cannot be negative.”  Twenty years later this assumption looks questionable: one quarter of world GDP now comes from countries with negative central bank policy rates.  1,462 more words

Monetary Policy

It's A Small Club

By Bill Holter – Re–Blogged From http://www.Gold-Eagle.com

For many years we have warned of the dangers of derivatives.  We were laughed at leading up to the 2008 financial debacle when Lehman broke and nearly took the entire system down.  1,118 more words

GDP & Employment

How not to do financial transaction tax

JDN 2457520

I strongly support the implementation of a financial transaction tax; like a basic income, it’s one of those economic policy ideas that are so brilliantly simple it’s honestly a little hard to believe how incredibly effective they are at making the world a better place. 1,507 more words

Public Policy

Another World? Lecture Five

This post provides a summary of Kathryn Tanner’s fifth Gifford lecture, entitled ‘Another World?’ Afterwards, my New College colleagues Evan Graber and Clement Wen will be providing their appraisals of Tanner’s depiction of the future as seen by both finance-disciplined capitalism and Christianity. 1,336 more words

2016 Series

Brazilian Derivatives and Securities: Pricing and Risk Management of FX and Interest-Rate Portfolios for Local and Global Markets


Brazilian Derivatives and Securities: Pricing and Risk Management of FX and Interest-Rate Portfolios for Local and Global Markets
http://bit.ly/1QXBPJj