Back again - no I still have problems. Have you found a way around the problem?

A simple question - how to do convexity adjustment on Turbo/Power swaps using the BS-model. Does anybody know how to do it, a reference or anything.Thanks

<t>That is also my belief, glad you agree.In all cases no matter how the payoff is defined it seems to me that the only thing that is correct is to simulate the asset price - as it generally is the asset price that a process is assumed for. Only the concept of a risk free rate - would seem a bit str...

Thanks - ok I won't do that then. However, an additional question - I guess the result will be "very" wrong if you decided to simulate using returns instead of prices - or will it matter?

Ok - and that means that you will simulate the asset price and from there figure out the payoff given the payoff definition, is that right?

<t>If you have a basket option where the basket consist of 10 assets. Lets now assume that the payoff on this Basket is defined as:max(K,w*((p_t/p_0 - 1))K = strike price, p_t is the price of each of the asset at the maturity of the option, p_0 if the value of the underlying at time 0 and w is a vec...

A possibility is www.grapl.net - take a look at that

Try a look at grapl.net - that is a good graphical tool

I would be very interested in these papers

<t>I have been reading an article in Risk (march 2002) where an kind of option called a Predator is mentioned. It is described shortly, but I am interesting in some more details, like precisely what is the differenfe between a cliquet and a predator.If I can get some examples that will be great. Als...

Thank you for the help

<r>I believe that clearly the best language around for doing advanced finance stuff is APL, where the best APL package is from <URL url="http://www.dyadic.com">www.dyadic.com</URL>. It is an extremely powerfull language, where the development time is out of this world. I can see that everybody seems...

Can anyone please tell me what an Everest option is - references would be nice.

yes - you can use my e-mail address: john_t_norman@yahoo.com. Thank you for you help

I am new to the market of Weather Derivatives. Could anyone help with reference to pricing of these instruments. Also reference to the market places - such as what can be traded and who trades it, what kind of derivatives are available and so on....Thanks beforehand