<t>FDAX, what I said about Sanfran in my previous post also applies to you, can you politely ask you to avoid commenting on me personally in my threads? I know you are knowledgable in this area, and your contribution is more than welcome, but I don't want my threads to be disrupted by mocking commen...

<t>Sanfran, I don't anybody in this forum thought for a minute I went to JPM meeting, it was a sarcastic comment; I didn't even think you believed me, haha...Anyway, as for the PMs, I asked you not to post ridiculous comments or comments that mocked me or the thread...you did that on several occasio...

As for whether it is an art of a science, I don't know...you guys tell me

So...I never claimed ignorance is a defence Johnny, because I never did anything wrong

I will remove my signature, and I will no longer make explicit apologies for my inaccuracies through that signature...

I was there too, where were you sitting SanFran?

<t>Alright, got the message, will not asking you guys for any help anymore...but SanFran, didn't we agree that you stay away from my threads unless you have something to contribute...btw, I believe you told you that you couldn't give me a review of Paul's book because you didn't have it; better get ...

<t>GammaI see your point, but when we talk about settlement of prices, then surely we are saying let's agree on a price now, rather than let's see what happens tomorrow and I accept whatever happens then...Also, with Asian options we have agreed to take the risk of not knowing the final value of the...

<t>I meant hedgeable, because I didn't understand why the BS model was not appropriate for valueing credit derivatives, but you pointed out another problem with using the BS model, so thanks for that...One of Paul's articles mentioned that credit risk in terms of replicating the option is not hedgea...

<t>I have been reading some articles on option pricing, and the BS model has also been extended to pricing credit risk deriv. One of the problems identified with this, as pointed out in one of Paul's articles, is that credit risk is not hedgeable, thus one of the prerequisites of BS, delta-hedging, ...

<t>I think it is slightly strange that the parties would agree to settle on a price yet unknown, as if they were agreeing to something that isn't clear...I would imagine that upon agreement to settle, they must by then also agree on the spot price to be used against which the contract is measured. T...

<t>As a matter of interest, I know that from what I have covered on the law of netting is that some jurisdictions do not recognise the concept of netting...netting is a new concept in law that nets the exposure of parties to derivative contracts, but in some jurisdictions this conflicts with their d...

Any tracks by Lester Young that stand out in particular?

<t>What you are saying about stat arb seems to me to be simply an exercise in identifying correlation between securities...if a security in a telecomm sector moves up as a result of optimism in that sector, so would another security in the same sector, is this what you mean? Once you have identified...

no, none of that rap stuff...stricly smooth female vocal lounge music...