Two top tips for pricing

One of the most basic elements of any job on the trading floor is pricing. This post gives you two important tips that can help you to: reduce the probability of making a pricing mistake, talk to your trader in clearer terms, check that your pricing is reasonable, and generally get a better intuition for … Continue reading Two top tips for pricing →

What is the risk-neutral measure?

Here is a short list of the most common 'big-concept' questions that I was asked throughout my years as a quant (whether coming from people on the trading floor, in control functions, or from newcomers to the team), in no particular order: What is the risk-neutral measure? What is arbitrage-free pricing? What is a change … Continue reading What is the risk-neutral measure? →