I am currently working in Toronto, but I would like to expand my job search to NY. I know it sounds like an oxymoron, but can anybody recommend a good headhunter there? Thanks :)By the way, any tips on NY? I expect rent there will be crazy, unless you want to commute.

Software companies often allow you to work from home, even if the home is in another province

I feel bad for you. My employer lets me use Linux even though most of the company are on windoze/macs.This alone is probably worth a few k of compensation

QuoteOriginally posted by: AlanThe textbook answer would be doing a synthetic forward sale by selling a call and buying a put. Well, I can only buy american options, I think. what happens when they are exercised early?

<t>My company lets us buy their stock on a predetermined day in the future with a 5% discount.We are forced to hold the stock for at 6 months before selling. Is there any (realistic!) way to profit from this opportunity?Shorting stock if I remember correctly is not free. There are no futures/forward...

<t>Hi,Consider a usual GBM stock paying continuous dividends:One can look at a portfolio that starts with a single stock.Ultimately I want to show that the value of such a portfolio satisfies B-S equation with dividends:I tried two ways of handling the dividends:1) Reinvest them in the stock.Denote ...

Imagine how traders would sweat when the underlying price moves a bit

I would like to see sin(K*S_t) contracts trade

1, unless you are simulating in the T-forward measure, then you are permitted to use 2.

Quit finance before it is too late.

If it were "for i = N: -1 : 1", thenV_chopped = V(:, 1 : N);sqrtV = sqrt(V(:, 1 : N));V(:, 2 : (N + 1)) = c1 * V_chopped + c2 * sqrtV;What is in your "for" line?

We did some model using an non-standard in-house developed predictor-corrector scheme (Monte Carlo), and I am worried that it could break the property that the simulated process f_t is F_t-measurable. Is there any statistical test to check this or not?

<t>QuoteOriginally posted by: katastrofaIf you're simulating the foreign currency discount curve, you can discount from the payment to fixing date in the foreign currency and then convert to domestic using the (simulated) FX rate from the fixing date.Actually, this is correct irrespective of the mod...

<t>The payoff is of general nature, so you cannot just take it out. Besides,as I said, the simulation is done in the domestic measure, and the foreign currency stochastic discount factors are not risk-neutral.Anyways, I figured out a very nice solution. It only works though because in the model we u...

<t>QuoteOriginally posted by: mjAt time $t$ we know the FX rate, so we can discount $C$ to time $t$ in the foreign currency, and then convert to domestic and them divide by the value of the numeraire at time t.Hi mj,1) what makes you think you are allowed to discount in the foreign currency from $r$...