First of all, u should sell products through sales.(u need to give sales commission)Then how could u earn money if issue vol spread is lower and lower?isn't it a tough business???
Does anyone know how investment bank run exotic option business?I mean the issue vol is lower and lower(near actual vol level)How does they hedge and earn money?
Yes,I mean the borrowing cost of stock. And when I do delta hedge, how does the borroing cost influence greeks? And how to hedge practically is reasonable?
Hi! I have questions about the borrowing coast of CBs. Cause everyone's borrowing cost is somewhat different, how do I decide the delta and gamma of CBs when my borrowing cost is bigger than others? Would have any questions when trading vol? Thx a lot!
Now I'm responsible trading Asian ECBs.And I found the result strange or couldn't calculate when using Bloomberg. So I wonder if had any questions when using Monis.
Dear all:Did anyone use both these two systems to do valuations on convertible bonds?I have no idea which one is better.Pls let me know if anyone used it!