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‘Derivatives’ Algorithmic Trading Articles & Financial Insight

  • Secrets of a smileSecrets of a smile

    SUBSCRIBERS ONLYIt’s hard to interpret a smile, whether you’re looking at a human face or a set of equity returns. Here, we present an exclusive summary of a recent report1 from Societe Generale that lifts the veil on the causes, behaviour, and consequences of a smile – skew - in the derivatives world.

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