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One of the big problems with these notes is that they expose the holder to the credit risk of the issuing institution. So, while they might be priced OK, in terms of the underlying (I could only take a brief glance at the first one, which looked fine), you have to realize that, ultimately...

A quote for a quote, then (not greatly relevant, but I am a fan)... There is timing in the whole life of the warrior, in his thriving and declining, in his harmony and discord. Similarly, there is timing in the Way of the merchant, in the rise and fall of capital. All things entail rising and...

You're better off not knowing...

The Force is strong with you, young Skywalker, but you're not a Jedi yet. I just felt like saying that :).

It's not about weakening the USD... It's all about diversification for the Chinese (they don't seem to be too happy about QE2).

I am not sure what sorts of institutional investors you might be referring to... In reality, there's all sorts and different groups behave quite differently. From what I know, apart from private investors (angel-like), the only other group that looks at startup funds is the FoF community...

Nah, it's not like that... It's not about the ability to "overdraft on reserves". That's not allowed for any bank that's part of the FRS (hence the discount window). The changes to the PSR policy apply to various interbank transactions that are cleared through the Fed's payment systems.

I'm think that in BBG it's provider-specific. But, I have to say, whenever I tried to price far OTM FX options in BBG it's always somehow been spot on to what the mkt would quote me. Anyways, I was going to suggest. OP, if you want some one-off data, send me a PM and I might be able to...

Normally, as far as I am aware, people use the LIBOR curve to imply the risk-free rate, simply because it's the benchmark of sorts and is the most liquid. There are relatively easy, well-understood ways to construct these curves. However, there's a LOT of rather deep issues arnd the choice...

By BBG I meant Bloomberg and it seems that it's what is being discussed in the thread you linked. I think they're talking specifically about using BBG API.

Well done and best of luck to you!

All these things are available to people who trade the very liquid OTC FX options (you can find these things on BBG, for example). And I don't mean just ATM. You can also get the time series of the commonly used parameters that define skew (25 delta risk reversals & 25 delta butterflies). I...

I am not sure what your point is here...

+1

Who are you calling "mister", Mister? Anyways, not sure what insult it might have been, but, rest assured, none was intended.

Nice word there, chief! However, I was just pointing out a relevant fact, is all.

Sorry, typo, I meant $40mln

Well, when Italy did something similar earlier this year, they recvd arnd €60bn in back taxes in one fell swoop. Moreover, given that the entities involved declare their assets, there's hope for less tax evasion going fwd.

Hahaha, usual ZH bollox...

Hey, Ophir, I see you got your name into a BBG article on AirTran. Nice exposure, that.