the importance of the market maker's delta-neutral position

来源: 于 2010-07-24 22:10:15 [博客] [旧帖] [给我悄悄话] 本文已被阅读：次

market maker vs crowd

http://wwwdocs.fce.unsw.edu.au/banking/seminar/2006/Yip.pdf

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by D Michayluk - 2006 - Related articles
to the importance of the market maker's delta-neutral position. These market makers often take large positions relative to their capital and prefer small ...
wwwdocs.fce.unsw.edu.au/banking/seminar/2006/Yip.pdf