[original post removed]
a specific fx market maker/ FI trader might have a practical use for this type of calculation… i fiigure CFAI just waters down things that are “obscure” for the vast majority of investment managers.
[original post removed]
a specific fx market maker/ FI trader might have a practical use for this type of calculation… i fiigure CFAI just waters down things that are “obscure” for the vast majority of investment managers.