Product Experience

Data analytics and data product are different Data driven organization, what are not as good as amazon. We have lots of transaction data not because we want to have the data and leverage the data, it is because it is part of the output, kind of trash…. until you start to think data as an […]

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The word I learn today

Laminated paper: During the townhall, Tony gave us the hard paper card showing our team’s vision, He called it laminated paper. Cleavage: when watching the TV series “Breaking Bad”, the main actor tells his family a joke that the girls in his school are allowed to invite their own photographer to take their photos. And […]

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Quantum Product in Finance

What’s typical finance problem? Financial Problem Broad Approach Solution Comments Which assets should be included in a optimum portfolio? How should the composition of the portfolio change according to what happens in the market? Optimization models Deep learning, Heaton et al. How to detect opportunities in the dfifferent assets in the market, and take profit […]

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Product ABC (3):Vol Skew

What is Vol Skew: Volatility skew refers to the inequality of the implied volatility of out-of-the-money calls and puts What Causes Downside Volatility Skew? In most equities, downside volatility skew is present. Why? Well, most people own stocks in their investment portfolios. There are two very simple and common ways to use options in a […]

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Product ABC (1): Range Accrual

When reading an article about the financial crisis during the 2007-2008, there is one special product draws my attention – Range Accrual. I may take this chance to deeply look into this product and analyze this interesting product Payoff description index(i) is the value of the index at the ith observation date N is the total number […]

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