For local hired junior staff without any working experience, they will pay SGD4000-5000 per month, e.g. DB, SSB ... excluding bonus

Excel add-in development in C/C++a great book! solve my problem (a silly mistake)

NYC or Europe ?

"25D" means 25 delta

if RR is followed by "P", 25D call = atm+bf-rr/2 25D put=atm+bf+rr/2

Hi, DCFCI have tried that, setting F9 in C++ and running VBA. It never stops.

<t>Thanks, DCFC! It's really an issue about def file. Under VC.Net 2003, go to Project->Properties->Linker->Input->Module Definition File and add e.g. MyProject.def. Now I can pass data into C++ and get result, although when I press F5 to start debugger in VC, same error message box (No symbolic inf...

<t>Hi, I am using VC++.Net now. After selecting EXCEL.EXE as the excutable file and press F5, there is an error message:No symbolic Information'EXCEL.EXE' does not contain debugging information. (No symbols loaded) Click OK to debug anyway. If I click OK, it will generate a new workbook for me. My k...

Please correct me if I am wrong.This structure looks like a swap + a Bermudan style swaption. Can we price the Bermudan part as a series of European swaption by MC simulation?

I guess you may input the calibrated alpha and sigma incorrectly.

PRM, I think.

<t>I've just cleared the frm. The quantitative part is not difficult, but there are still quite a lot tedious stuff, e.g. operational risk, legal ... I've spent less than 40 hours on it, because previously I planned to postpone my exam to 2005. I have done 3 past year exams and quickly go through th...

Reuters seems to provide OIS rate till 3 year, but those rates above 1 year is not so liquid.Get OIS rate from the market and bootstrap the OIS curve.

Thanks a lot!I agree that it's reasonable to get negative alpha in certain situation. What confusing me is murex system got positive alpha with same set of caplets, same yield curve and same model. Also the spreadsheet pasted by doublebarrier2000 seems using tree-based calibration.