the "long turn" is not a good trade anymore, since the fed has been really washing the market over the turn weekend. i'd avoid going short too,...
ok, here you go with the simple one: for each contract in your strip, increase futures rate by 1 bp and calculate the new implied eurodollar yield...
well, cheap vs rich in a nutshell is a relationship between implied and realized vols. Historically you can evaluate it using volatility cones and...
There was a point in my sorry life when I fed myself by doing vol carry trades on euro$ options. Loved it. What I was (and still am) amazed about...
was my P&L or how big was my bonus? I ain't Ben Brahim...
you dont happend to have a URL for that? Actually, while we at it - does anyone know of a service that provides a cheap demo account that allows...
These are questions that are very basic, any serious fixed income market practicioner would know the answer. As for "your firm" and "three years"...
off-topic: when they start trading parisian and passport on interest rates, i will retire :D
trade and hack a bit. For a prop trader in exotics it is hard to get by without hacking some models. Used to do much more of that when i was at my...
I can tell you exactly what my area of expertise is - exotic FI options. If you are going to boast that you work for a largest bond trader -...
Dude, I am working for a place that pays that much NOW, not a few years ago. We are still hiring, in fact I saw someone being interviewed today (i...
Name at least wall street firm that is paying less to the senior level quants and quant developers. All of them are employees. Now, people in the...
Like Russia, for example? The fact that 72% of americans have a college degree does not mean that they have good education. If you look at any...
An example from a headhunter mailing list: PHD QUANT ANALYST- C++/VB - CREDIT RISK Salary: $250++ Established financial institution has an...
The numbers ARE typical, any C++ developer with 4-5 years of industry experience and knowledge of the business can make ~$250K and any quant will...
I would not represent a job at a major IB as something "Americans steer clear of " nor I would call it "sweatshop conditions". In fact, the median...
yep, major i-bank. i would not worry about Columbia much, since the math and science education is not up to the level of India, China and Russia....
Not true. A regular programmer costs (!!) about $25 per man/hour of development in Moscow. It's not too little, especially considering that same...
Hmm..25 to 1, you say, let me look around swaps desk 2 to 1 IR options desk 3 to 0 m. derivs 0 to 2 not too bad...
Let's have a fight - I say that midtown is the place to be, nothin beats Grand central and QBorogh bridge area. ANY true Wall Street veteran knows...
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