Ito 33

Articles

Opscore Web Service

27 November 2017 Editor Comments Off on Opscore Web Service
Two decades in the market have seen ITO33 firmly establish itself as the solution provider of choice for convertible bond specialists. This gold standard is delivered via Opscore, the firm’s front-office solution for pricing, hedging, […]
Articles

Volatility: Time and Black–Scholes–Merton

23 April 2017 Editor Comments Off on Volatility: Time and Black–Scholes–Merton
The formalism of Black–Scholes–Merton knows of no such thing as the past or the future. When it models the stochastic process of the underlying asset price as Brownian motion and symbolizes its volatility by σ, […]