A variance/volatility swap is an instrument that allows explicit exposure to the realized variance/volatility of an index, stock, etc., without exposure to other risks commonly encountered with derivatives: delta, gamma, etc.

We review the equity forward and futures pricing models. Consider an index level, I, at a future time, T. With respect to I, we calculate 1) the forward price, 2) the futures price, and 3) delta.

A valuation model is presented to calculate price, hedge ratio, and implied volatility for forward starting European calls and puts. The model focuses on the numerical accuracy of the implementation.

Despite the epistemological importance of the scholarly journal, few thorough histories of individual academic journals have been written, especially of journals in the arts and humanities. This article uses both archival material and oral histories to construct a multifaceted history of Leeds Studies in English (LSE) from the beginning of its…[Read more]

The model calculates numbers that characterize the effect of adding an extra instrument to a portfolio of loan commitments. To be useful, these numbers should be additive with respect to the facilities making up the portfolio, so that their total would have the same meaning for the portfolio as each individual number has for the respective…[Read more]

In modern understanding, a crisis can be an event or a period of (or leading to) an unstable or dangerous situation. It can affect an individual, a group or the whole society. However, a crisis is not only a threat, it also implies the need for (and the chance for) change and improvement. Historically, the term was borrowed from Greek…[Read more]

In modern understanding, a crisis can be an event or a period of (or leading to) an unstable or dangerous situation. It can affect an individual, a group or the whole society. However, a crisis is not only a threat, it also implies the need for (and the chance for) change and improvement. Historically, the term was borrowed from Greek…[Read more]

When considering the establishment of overseas viking encampments, some of the most detailed and vivid contemporary descriptions of this activity originate from the Frankish realm, a region which nevertheless remains precariously positioned in wider comparative investigations of the viking world. To address this imbalance, this chapter assembles…[Read more]

When considering the establishment of overseas viking encampments, some of the most detailed and vivid contemporary descriptions of this activity originate from the Frankish realm, a region which nevertheless remains precariously positioned in wider comparative investigations of the viking world. To address this imbalance, this chapter assembles…[Read more]

Volumen 18 de la revista chilena Papel Máquina, perteneciente a la editorial Palinodia, dedicado a la dimensión cultural y literaria del activismo político de Marta Lamas. Además de diversos ensayos a cargo de destacadas investigadoras feministas, el número incluye una entrevista con Marta Lamas y un recorte de su trabajo sobre la rabia, así como…[Read more]

La “profecía de Mar” de Jung: el materialismo académico impulsado por el escapismo extremo de los psicólogos materialistas
Pregunta de un periodista a Carl Jung: ¿Cree que, dentro de veinte años, a alguien le importará el espíritu de los símbolos, de lleno en la era de los viajes interplanetarios, con los Sputniks, los Gagarin y los Shephar…[Read more]

Pourquoi un sophisme est-il important ? Bouddha dit que « nous devenons ce que nous pensons ». Hier, je parlais à un diplômé philippin (je séjourne actuellement à Gneral Santos, aux Philippines). J’ai évoqué le principal argument martérialiste tel qu’expliqué par MIller et Thompson dans un article publié sur le site Web du NIH – Pubmed – qui affir…[Read more]