I wonder, what certificates or qualifications are required to get a job as a trader?Thanks

Dear Fab, Thanks. That is a great help. R.

DavidF, thanks.

Thank you davidF. Can you recommend some articles or books?

<t>thanks for reply. I guess my question was not clear enough. What I want to is not the value of skew and kurtosis for a given distribution. WHAT I DO NEED is given the value of skew and kurtosis, how to generate the random series whose distribute is consistent with the given skew and kurtosis valu...

Normally, the Monte Carlo simulation is assumed to be normal distributed. But in real world, there exist the skew and kurtosis in the return distribution. I wonder, how should I include this into my simulation. Any reference are welcomed. Thanks.

macca9,Thank you so much. Have a good day.

Again, Macca, Thanks alot. R.

MaccaThank alot. It does help. R.

What is the vertical spread?How to use the vertical spread? What the vertical spread is betting on?Thanks alot.

I hear people talk about "short delta". Does that just mean to have a negative delta position? At what situation, people needs to short delta?R

Someone asked me how to hedge European option with American option. I have no idea. I wonder eveb if this is practical.So, I restate the question here hope some can give me good explanation. Thanks alot. R

As title.I want to construct volatility term structure for commodities, which is a mean reverting precess. For different maturity, shows different volatility. Would anyone please give me some suggestions or recommend some articles?Thanks.

<t>I am looking for the paper Stochastic Convenience Yield and the Pricing of Oil Contingent Claims by Rajna Gibson, Eduardo S. SchwartzJournal of Finance, Vol. 45, No. 3, Papers and Proceedings, Forty-ninth Annual Meeting, American Finance Association, Atlanta, Georgia, December 28-30, 1989 (Jul., ...

How to estimate the parameters for the following two factor modeldS = (mu - y) S dt + sigma1 S dZ1dy = (-alpha y - lambda) dt + sigma2 dZ2dZ1 dZ2 = rho dtI wonder, how to estimate the values for the parameters such mu, sigma1, sigma2, alpha, lambda, and rho?Thanks alot.