The Opera of Option Prices

Kimberly Gallant, the Global Head of QIS Structuring at CIBC, has spent nearly two decades working across quantitative investment strategies, derivatives and structuring. Our conversation is a deep dive into the evolution of QIS and the economic rationale behind these increasingl ...  Show more

In this discussion, I make the case for tail hedging. I communicate two main ideas. First, I lay out the concept of the “fourth type of risk off”, an episode that features instability in the back end of the US bond market. As I’ve said, nothing can really work in markets if the T ...  Show more

After years of slowing growth, the Chinese government is <a href="https://www.economist.com/finance-and-economics/2024/09/27/at-last-china-pulls-the-trigger-on-a-bold-stimulus-package?utm_campaign=a.io&utm_medium=audio.podcast.np&utm_source=theintelligence&utm_content=discover ...

After years of slowing growth, the Chinese government is finally attempting to bolster consumer demand, business confidence and the stock market. Our correspondent analyses the surprise shift in policy (10:25). How will immigration policy play with swing voters in Arizona? And Sa ...  Show more

Thames Water’s biggest investor slashed the value of its stake last year, Ford’s steep price cut for its electric pick-up truck rattled shareholders and BlackRock will offer retail investors more of a voice in its biggest exchange traded fund. Plus, the FT’s Thomas Hale unpack ...

With Chinese equities being among the cheapest globally, they have sparked renewed interest from value investors. The bull run seems to have had a negative impact on Indian markets. But with past rallies fizzling out, will this time be different? Host Nishanth Vasudevan talks to ...  Show more