<t>QuoteOriginally posted by: hlbeckleyIf I pay 2yr at 6.55%, rec at 5.575%, I am running positive carry of 97.5bps (paying 6.55% and funding my trade at 5.575%) If I rec 10yr at 8.40% pay 5.575%, I am running negative carry of 282.5bps (recieving 8.40% and placing at 5.575%)The net carry is 185bps ...

I have a Lehman paper and the Salomon set.Send me your email adress

<t>which specific country you looking to trade? SA has it all, move north and you can get swaps and XCCY's but FRAs not so common and Bond Options and Rates Options become even more scarce.I am a fixed income guy, equities pretty developed in SA, rest of africa has many exchanges but not sure on der...

secondmoment, I just ordered your book after seeing some pretty good reviews. Tell your kids dinner is on me tonight

<t>Wow having searched and read it all I am properly confused now. Case of more reading making it more hazey.A lot of obvious assumption below, but for illusatration purposes, please assist my junior mind.South Africa curve is positive sloped, we going into a hiking cycle and traders looking to ente...

<t>On the topic, but in Europe then, with Solvency II on the horizon, due to the European with profits being short duration and short convexity, would this lead ot more hedging based on increased capital charges?? Any idea of the quantum of impact if this is true and are tradign desk positioning for...

Haha, touche!Seems like the few rational people are always out-numbered and out-ranked.

<t>Interesting question. If we all said yes would you?Maybe rather say "Buy Citi shares immediately"The pay off of that statement should be greater as you may get the madness of crowds to move the price in the direction you favour.ERRRB i recon most banks have elements of morons running them in each...

<t>Hi all,Am oding CQF currently and did the first lecture last night on VBA and programming, but there seems to be an implied basic knowledge in VBA, of which i have ZERO experience.Are there any good books or learnign resources available out there that can start me from scratch on the subject?Than...

<t>Hmmm tough one to guestimate what is on the table, but honestly for your first year you will always be disappointed...even if you get the number you wish for.My benchmark which i fight for is 1st year lucky at 2% of P&L...with years you can fight/justify 2.5-5.00%...and on an exceptional year...

<t>CTASTARTUP.....how is this going?Was just wondering since CTA's have had some press around drawdowns and performance over the last year.What strategy are you specifically looking into? Trend trading?Have you looked at Ed Seykota's work...on "Trading Tribe" website I think.Must admit the trend tra...

hang on my factorising is offsin^2.2theta + cos^2.2theta = 1so f(x,y) now = 1and the f' of 1 = 0

<t>Ok sure get that for A-Level dayshere's my mind thinking...pls hold the laughterx = sin2theta thus x^2 = sin^2.2thetay = cos2theta thus y^2 = cos^2.2thetaso from Q; f(x,y) = x^2 + y^2f(x,y) = sin^2.2theta + cos^2.2thetaf(x,y) = 2theta(sin^2+cos^2) = 2theta(1)df/dtheta is = 2??? </t>

I kid you not!

Hi all, please help me.I have the question:f(x,y) = x^2 + y^2, where x=sin2theta and y=cos2thetaWhat is df/dtheta?I just dont know where to begin pls can some one give guidance to me? I want to try understand the porblem, not simply just get an answerthanks