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What Are Derivatives? How to Make Money with Them and Why Governments Care
the systemic issues. I'll very briefly mention dynamic hedging. It's the portfolio insurance analog (portfolio ... proximate problems in the October 1987 crash). Dynamic hedging is a trading strategy, common among dealers ...- Authors: R Stephen Radcliffe, Charles R Taylor
- Date: Apr 1994
- Competency: Technical Skills & Analytical Problem Solving
- Publication Name: Record of the Society of Actuaries
- Topics: Finance & Investments>Derivatives