My #69 course certificate from Coursera
Financial Engineering and Risk Management Part IIColumbia University I am thrilled to complete this wonderful course. Assuming you...
Liquidity, Portfolio Execution, Real Options
Liquidity What is Liquidity and what is a liquidity security is very hard to define in practice. Liquid...
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 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...
My #64 course certificate from Coursera
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,...