جميع الكتب

مهني

1 Markets I: The Ecosystem and Exchange-Traded Marketsالأسواق عبر الإنترنت 2 Markets II: Rates, FX and Creditالأسواق عبر الإنترنت 3 Markets III: Commodities, Energy and Cryptoالأسواق عبر الإنترنت 4 Quantitative Methodsالأساليب عبر الإنترنت 5 Derivatives and Volatilityالمشتقات عبر الإنترنت 6 Rates, Credit, XVA and Riskالفائدة والائتمان والمخاطر عبر الإنترنت 7 Research Craft: Predictors, Backtests, Measurement, Portfoliosالبحث عبر الإنترنت 8 Strategies I: Equities and Futuresالاستراتيجيات عبر الإنترنت 9 Strategies II: Volatility, Relative Value, Macro and the Bank Desksالاستراتيجيات عبر الإنترنت 10 Microstructure and Executionالتنفيذ عبر الإنترنت 11 Market Making and High-Frequency Tradingصناعة السوق عبر الإنترنت 12 Machine Learning for Marketsتعلم الآلة عبر الإنترنت 13 Low-Latency Softwareالتكنولوجيا عبر الإنترنت 14 Networks, Hardware and Trading Infrastructureالتكنولوجيا عبر الإنترنت 15 Research, Data and Risk Platformsالتكنولوجيا عبر الإنترنت 16 The Desk and the Firmالشركة عبر الإنترنت 17 The Industry: Firms, Roles and Careersالمسارات المهنية عبر الإنترنت 18 The Interview Bookالمسارات المهنية عبر الإنترنت
التطبيقات حول المدرب تسجيل الدخول ابدأ القراءة

Quantitative Finance · المسرد

ما معنى Event contract, resolution source؟

يُعرف أيضًا باسم: event contract · resolution source

Definition 27.4 Markets III: Commodities, Energy and Crypto · الفصل 27 — Prediction and Betting Markets

An event contract is a derivative that pays a fixed amount, usually one dollar, if a specified event occurs and nothing otherwise; its price, as a share of the payout, reads as the market’s probability of the event. Its resolution source is the source and procedure named in the contract by which the occurrence of the event is determined.

An event contract on a blockchain venue: YES and NO tokens are minted together against one dollar, trade separately, and the winning token pays one dollar when the oracle resolves the event. Because a pair always redeems for one dollar, YES and NO prices sum to about one. Schematic.
Figure 27.1. An event contract on a blockchain venue: YES and NO tokens are minted together against one dollar, trade separately, and the winning token pays one dollar when the oracle resolves the event. Because a pair always redeems for one dollar, YES and NO prices sum to about one. Schematic.
اقرأ في الفصل →