
Swaptions - Funny Name, Useful Tool
The actual deployment of capital seldom matches management’s plans as laid out at the beginning of the year...

Component Hedging: Nerds to the Rescue!
Basis. Differential. Adders. Commodities markets have been plagued by risk exposures that fall just outside of what the exchanges can...


Know Your Options: Amended derivative accounting affords benefits for forward and option hedgers
As attractive as this new ratable method may be, in certain cases, it might be preferable to avoid this treatment and apply an alternative m