NUS Quantitative Finance Club

After knowing the different types of quant out there, let’s see the different types of products a quant may choose to focus on. In broad categories, there are FX, Equity, Fixed income, Credit derivatives, Commodities and Hybrids. Let’s browse through them. FX is short for foreign exchange. Contracts tend to be short-dated with high volume [...]

Essentially, a quant designs and implements mathematical models for derivatives pricing, risk assessment or market speculation. Here are some typical quants working in the office: Front-office/desk quant, Model validating quant, Research quant, Quant developer, Statistical arbitrage quant and Capital Quant. We take a closer look at each of them. Desk quant implements pricing models directly [...]

:: What are Options? :: A European Call option is a financial contract issued by one party to another, giving the buyer the right (but not obligation/requirement) to buy a security at a specified future date (expiry date) for a fixed agreed price (strike price). The seller or writer of a call option receives a [...]