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seen Jul 16 at 20:31

Jul
17
awarded  Popular Question
Feb
26
comment Bloomberg Alternative for Quant Fund
@Markus Thanks for the tips. In-house solution is definitely a solution, but ideally, I am just looking for an alternative to reduce costs. Just haven't come across anything that fits the bill.
Feb
26
comment Bloomberg Alternative for Quant Fund
@assylias Yes this is a cost issue. We are trying to reduce costs and seeing as we only use Bloomberg for data access, I am trying to find a suitable alternative for our purposes.
Feb
25
asked Bloomberg Alternative for Quant Fund
Sep
20
awarded  Nice Question
Jul
11
awarded  Citizen Patrol
Jun
23
awarded  Supporter
Feb
24
comment How does UBS hedge its exposure to XVIX ETN?
Isn't this "tracking error" just due to trading? If you read the prospectus, they state that there is no tracking error. It is not how this type of security is designed. It's a debt security wherein the issuer promises to pay the value of the index minus mgmt fee (85bps/year).
Feb
23
comment How does UBS hedge its exposure to XVIX ETN?
I am pretty sure your answer is incorrect. There is virtually no tracking error for this type of security. It's an ETN, not an ETF. Therefore, they guarantee you the value of the index (minus fees) if you choose to redeem the note. I know that replicating the strategy is very expensive, that's why I wonder how they could hedge themselves in their own book. If you read the prospectus, you will see how the payout is determined.
Feb
23
asked How does UBS hedge its exposure to XVIX ETN?
Feb
8
awarded  Student
Feb
8
awarded  Scholar
Feb
8
accepted How to make sense of VXX and the people who bought it?
Feb
8
comment How to make sense of VXX and the people who bought it?
Thanks for clarifying. I guess my main sticking point was what happens once the capital runs out. Thanks for helping out.
Feb
8
asked How to make sense of VXX and the people who bought it?