Financial Statement: Company Position
The financial statements are a manifestation of accounting, which is what we use to prepare proper financial statements....
Financial Markets Week 2
It takes long for ideas to develop. We might be excessively fearful or unwillingly to change. Risk management...
Credit Derivatives and Structured Products
Securitization Securitization is the process of constructing new securities from the cash flows generated by a pool of...
Risk Management: Equity Derivatives in Practice
Review of Self-Financing Trading Strategy A self-financing trading strategy is a trading strategy ฮธt = (xt, yt) where...
Financial Markets Week 1
Measure of Risks VAR means variance. The variance of a portfolio is defined as a measure of its...
Financial Engineering: Implementing Mean-Variance
There are many aspects of implementation details of mean-variance. 3 of them are the most important. Parameter estimation...
Assets & Portfolios: Mean-Variance Optimization
Assets and Portfolios I’ve got a certain amount of money, I want to split it among various assets...
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Financial Engineering and Risk Management Part IColumbia University An amazing course from a prestigious university! This course touches...
Mortgage Backed Securities
Mortgage based securities are a particular kind of asset-based securities. They are asset-backed by underlying pools of securities...
Pricing Defaultable Bonds and Credit Default Swap
Defaultable Bonds A defaultable bond has these characters: We have to specify the probability of default by working...
Financial Engineering: Term Structure Models
Fixed Income Derivatives Fixed income markets are enormous and in fact bigger than equity markets. Fixed income derivative...
Multi-Period Binomial Model
Multi-period binomial model Multi-period binomial model is really just a series of one-period model spliced together. When pricing...
Derivative Securities: Swaps, Futures and Options
Swaps Why do companies or entities construct swaps? Because they want to change the nature of cash flows,...
My #43 course certificate from Coursera
Understanding Financial MarketsUniversity of Geneva Let’s talk money! With 15+ years of investment experience, this course really struck...