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Bravo
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  • London, United Kingdom
8 votes
3 answers
2k views

How do we determine the "correct measure"?

8 votes
1 answer
2k views

What is a Brownian motion "under the risk-neutral measure"?

6 votes
2 answers
646 views

Radon Nikodym derivative when changing numeraires

6 votes
2 answers
700 views

How is Radon-Nikodym derivative different from the likelihood ratio?

5 votes
2 answers
2k views

Dynamic hedging strategy example

4 votes
4 answers
260 views

Does the non-causal nature of quant models limit their applicability?

2 votes
1 answer
402 views

What is the difference between a volatility smile and a correlation smile?

2 votes
1 answer
90 views

How to compute the Present Value of this path-dependent option?

1 vote
0 answers
128 views

How to use Girsanov theorem for complicated RN derivatives?

1 vote
1 answer
373 views

How do we derive the Radon-Nikodym derivative for T-forward measures?

0 votes
1 answer
811 views

Derivation of Swap rate formula

0 votes
0 answers
71 views

How does modeling provide an edge to banks in the derivatives space?

0 votes
0 answers
103 views

What does proprietary trading for derivatives mean?

-4 votes
1 answer
917 views

Why do we need derivatives? [closed]