<t>QuoteOriginally posted by: daveangelthe Fed is up the proverbial shit creek without a paddle. at least they recognise that. The BoE and ECB are so far behind the curve that they are just a complete joke.two days later....QuoteOriginally posted by: daveangelIf the FED did overreact to a drop in eq...

<t>QuoteOriginally posted by: daveangelAristeia have been around since 1997 managing a large asset base mainly in convertible bonds and distressed and special sits. they are one of the top convertible bond managers around. I think they would be a good place to get an internship. cool offices.Maybe y...

QuoteOriginally posted by: daveangelapologies ... to be fair Barry's has some nice colour picszzzzzzzzzzz

<t>QuoteOriginally posted by: daveangelis this a plain forward starting swap or a swaption ?either case its a non-trivial project unless you have some tools. Its relatively easy to evaluate the Net Present Value (NPV) of a forward starting swap if you have a yield curve to discount cash flows. It is...

<t>QuoteOriginally posted by: daveangelyou should have the appropriate dates for your cash flows adjusted for holidays and the roll convention. Also, it strikes me that you are mixing two types of credit (Libor and US Gov) in your curve which is a definite no-no.It strikes me you haven't bothered to...

<t>QuoteOriginally posted by: TraderJoeFor continued and flagrant breech of the forum rules. In particular:Flooding the Forums with inane posts is forbidden.Thank You,TraderJoe.I thought flooding the forums with inance posts was encouraged?Advertisers pay based on user activity, which ppauper, farme...

<t>QuoteOriginally posted by: daveangelQuoteOriginally posted by: MabodQuoteOriginally posted by: daveangellong 2 put spreads and short some cash equivalent to the strike diff ?If you don't know the answer, sometimes its better to just stay quietDo you really think anyone cares how many posts you ha...

QuoteOriginally posted by: daveangellong 2 put spreads and short some cash equivalent to the strike diff ?If you don't know the answer, sometimes its better to just stay quietDo you really think anyone cares how many posts you have to your name?

QuoteOriginally posted by: daveangelas P2 - U + K2 = put(k2) and P1 - U + K1 = put(k1) then P2 - U + K2 > P1 - U + K1You have too much time Dave

Not just within FICC, Core Strats support the infrastructure that all the other quants in the firm use - so this includes credit, equity, IBD as well as FICC

QuoteOriginally posted by: mtbconchNo problem. Actually, I made a mistake ... I didn't know the book with the name you said "Collector's book" ... sorryDont worry about it - Dave's posts usually confuse people

<t>QuoteOriginally posted by: daveangelthe system became to a large extent an ecology of its own making. tighter credit spreads were rationalised on the basis that defaults were low - low defaults led to ready access to credit - this led to even looser credit standards and the general lowering of co...

QuoteOriginally posted by: calvinkitIt would of course. But how about the Theta? Or do you mean the Theta should be zero?I dont think Dave knows the answer....

<t>QuoteOriginally posted by: daveangelQuote1) For an american call : the value of the call is always less than the value of the stock (exercice after a dividend date). It is also greater (exercice before). It is therefore equaldeep in the money american call will be worth parity - if there is a div...

it must be lonely at home all day too?