A forward-variance model specifies the dynamics of the whole curve , starting from the market’s , with each a martingale in under the pricing measure. The instantaneous variance is the curve’s short end, .
Quantitative Finance · शब्दावली
Quantitative Finance · शब्दावली
A forward-variance model specifies the dynamics of the whole curve , starting from the market’s , with each a martingale in under the pricing measure. The instantaneous variance is the curve’s short end, .