Category: Level III
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CFA Level III: Implementation Shortfall
Good evening, A quick post tonight to discuss a topic of Trading, Rebalancing and Monitoring part of the Level III curriculum called Implementation Shortfall. The reason why I chose to do this is because it took me some time to overcome the naming conventions of the CFA institute, which are, with all due respect, very…
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CFA Level III: Interest Rate Parity
Hello everyone, Today I’m gonna talk about some economic concepts that were mentioned at least since Level II and that are quite useful in the whole curriculum and in finance in general when it comes to dealing with currency management. Covered Interest Rate Parity The idea is quite simple, we will compute the forward exchange…