Author: Jérémie Smaga
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New challenges in Hong Kong!
Hello everyone, Since arriving in Hong Kong two years ago, I haven’t had too many chances to contribute to this blog. There are multiple reasons to this. First of all, my work at Noble Group was taking me a considerable amount of time and energy. It was my first experience in the physical commodity market, and…
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Exchange Sports Betting: how to close your bets?
Good evening, It’s been a very long time since I last posted something on this blog because I have been very busy at work but I thought I will try to be more active from now on. Today, I’d like to share some basic maths about exchange sports betting, and actually we could generalize this…
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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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Monte-Carlo Method on Panini stickers distribution
Good afternoon everyone, Today I want to write a funny post which combines two of the most important topics of June 2014: the CFA Level III curriculum and the FIFA World Cup. I know, that a long shot. I assume that pretty much every reader of this blog had the opportunity to collect Panini stickers…
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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…