25 results

Understanding Greeks: step by step - Vega

The previous articles in this Greek textbook series looked at Delta and Gamma, which are the first and second order sensitivities of...
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Understanding Greeks: step by step - Gamma

The first article in this series examined Delta, which measures the sensitivity of an option or structured product’s price to the...
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Understanding Greeks: step by step - Delta

The role of “Greeks” (or “sensitivities”) derivatives and structured products is very important. Greeks go hand in hand with option...
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Greeks aggregation

In the previous article, we considered the definition and calculation of sensitivities, or “Greeks”, for individual structured...
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Understanding Greeks

The role of “Greeks” in Structured Products and Derivatives is very important. The terminology of the Greeks was first adopted after...
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The cliquet payoff

Many investors need long term solutions for capital growth or income with controlled risk. This is particularly true for investors...
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Hedging structured products

The hedging process is one of the most important aspects of creating structured products. One of the key differences between...
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A survey of Equity pricing models

Equity linked products remain dominant in most structured products markets around the world. This is because equities are considered...
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Value at risk - watching the tail

The risk management concept of Value-at-Risk (VaR) is a well-known and accepted framework which has importance in all aspects of...
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The importance of independent valuations

Structured products offer investors clearly stated target capital or income returns with a specified degree of capital protection,...
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