@daveangel Do we effectively say that Total Return indices do not have any dividend exposures ?

Thats straight forward. Thanks for your help

<t>Hi,I have a basic decomposition question regarding the payoff of locally floored, globally capped cliquets.The payoff of such a product is defined as :I see this being decomposed as :Could somebody take me through the min and max decomposition. Any hints/references will be greatly appreciated.Thx...

Hi Woohoo,Interesting answer but did not fully understand. Can you elaborate with an example ?

Hi,Thanks for the replies. I will go through and revert.

Hi,I have got a very basic question on Monte Carlo simulation.Assume that I have the following equation :Could somebody write how I could use Monte Carlo simulation to get the answer ?Thanks

I agree with this....but pretty vague answer.....Actually I was looking for something more concrete. Something along the lines of Discontinuity size vs ADV.Lets say you have a very liquid index. What is the minimum and the maximum you would shift ?

<t>Hi,I have a basic question regarding barriers shifts for autocallable trades.It is easy to decide what the minimum barrier shift might be (function of liquidity of the underlying).If I was to decide the maximum I can shift the barrier, how big can this be ? Would it be a simple add-on on the mini...

<t>Hi,I have a basic question regarding barriers shifts for autocallable trades.It is easy to decide what the minimum barrier shift might be (function of liquidity of the underlying).If I was to decide the maximum I can shift the barrier, how big can this be ? Would it be a simple add-on on the mini...

Hi,Is there anybody who could help ?

<t>Hi,It makes sense. Is it usually the case that when gamma is bid, medium vols are offered ? Additionally, I know that when a trader says that the skew is offered, he means that OTM downside vols are offered. I usually come across comments such as 'convexity is offered and gamma was bid'. I unders...

<t>Hi,It makes sense. Is it usually the case that when gamma is bid, medium vols are offered ? Additionally, I know that when a trader says that the skew is offered, he means that OTM downside vols are offered. I usually come across comments such as 'convexity is offered and gamma was bid'. I unders...

<t>Hi,It makes sense. Is it usually the case that when gamma is bid, medium vols are offered ? Additionally, I know that when a trader says that the skew is offered, he means that OTM downside vols are offered. I usually come across comments such as 'convexity is offered and gamma was bid'. I unders...

Hi,A basic question on gamma. If you are long a call, you are long gamma . When a trader says that 'gamma is bid for most of the day', what does he mean ?

Hi,A basic question on gamma. If you are long a call, you are long gamma . When a trader says that 'gamma is bid for most of the day', what does he mean ?