e-master
Joined 5 years ago
Joined 5 years ago
For a structured products introduction you may take a look at this one: https://sspa.ch/en/book/
It's a very simple book, very high level, but explains the most popular structured products in a very simple manner. If you can read a payoff diagram, then this is the simplest intro.
Looking at their website though, they seem to have some nice online material there also. For example this explains the 5 most popular products, and perhaps that's good enough for an introduction (really these 5 products cover 90% of the market anyway, though there's no limit to how exotic some bespoke structures can get): https://sspa.ch/en/lab/?underlying=CH0012221716&final_fixing...
In case you're interested in getting to get to learn about them on a deeper level I would recommend https://www.amazon.com/Exotic-Options-Hybrids-Structuring-Pr.... This book explains not only the products, but also the pricing dynamics and hedging too.
And just a small gem I found recently about volatility trading:https://www.ebay.co.uk/itm/306680584072?chn=ps&_ul=GB&_trkpa...
Despite its appalling Amazon reviews I consider this book to be a real gem when it comes to the introduction to vol trading (basically dynamic hedging of equity derivatives)
Also, not sure if this is true, but our tour guide told us that Tesla himself actually never set foot on the Canadian side of the falls.
The Welland canal is also very interesting. There's something really cool about seeing a large ship moving _on_ a bridge while driving under that same bridge with a car. Also, the city of Welland has some nice bike trails iirc.
Small nitpick, but Turin-based VM's have been available for more than a month now [1], and they are a beast.
[1] - https://techcommunity.microsoft.com/blog/azurecompute/announ...