QuoteOriginally posted by: natou12Many Thanks,I already have a MSc in Financial Maths and I am currently working in IBanking , I just want to go for a PhD because I want to do some strong research.Based on your purpose of doing PhD, I don't see how CQF will help you.

For networking

Laid off != Fired

Discretization of time variable.

Conv adj is required for "non-natural time lag" cash flows.

QuoteOriginally posted by: atlantaquantHas anyone heard of Calypso? How does it compare with a second tier IB or HF? Thanks/Calypso is a commercial software provider, not a financial service company.

Student copy costs much less.

QuoteOriginally posted by: jimmyhendrixQuoteOriginally posted by: jediTell them you are not comfortable with a contingent offer.Will that be enough? Is that not the standard procedure on the street?If it is enough for you, it is enough. Everyone cares about job security, right?

Tell them you are not comfortable with a contingent offer.

Greed.

Until you get an offer.

<t>QuoteOriginally posted by: BunnyLeQuoteOriginally posted by: vbprogrammerIf its the same group that I know about (& I don't think Lehman has many different equity groups) then,Lehman is starting a new group in equities and at this moment, I think there are only a few people. In my opinion, yo...

Well, this is NOT a brainteaser at all. You can find this question in ANY undergraduate probability textbook. It is a must-know question.

Agreed. Let X: U(0,12), Y: U(0,30) and Z =min(X,Y). The density of Z isf(z) = 7/60 - 1/180 * z, where 0 <= z <= 12.So E(Z) = 5.2.QuoteOriginally posted by: ge5.2

CMS convexity adjustment is model-dependent. I don't think there is a "standard" formula that everyone in the market uses.