FRM Exam

FRM Exam 2011 Details

FRM program is now conducted in a two-level examination format. The exam is administered manually in paper and pencil format. The FRM Exam can be scheduled in various cities around the world. A complete list of the cities is located … Continued

What is a Credit Event?

A credit event is a pre-defined event related to the change in the credit standing of a borrower. It is called so because the occurance of such an event is a trigger for a credit derivative such as a credit … Continued

An Introduction to Barrier Options

In this post we will take a cursory look at exotic products and how banks market them to customers. Most of the innovations have been on the options side as swaps have only recently developed into non-financial areas. Options are … Continued