Rates & curves
Discounting → OIS → multi-curve → Hull–White → HJM
ACADEMY V2 · MATHEMATICS TO THE DESKLEARN THE MODEL.
LEARN THE MODEL.
CHALLENGE THE HEDGE.
A structured quantitative-finance curriculum linking derivation, Python, interactive state, market practice and macro transmission.
01 · COMPLETE FLAGSHIP TRACK
Volatility
A sequenced path through measurement, option-implied coordinates, surface construction, dynamics, calibration and hedge risk.
12DEEP · DYNAMIC STAGES
01
Measurement and estimatorsRealized volatility
foundation · LAB→02Variance risk premiumRealized vs implied
foundation · LAB→03InversionBlack–Scholes implied volatility
intermediate · LAB→04Strike geometrySmile and skew
intermediate · LAB→05Expiry geometryTerm structure
intermediate · LAB→06Flagship workbenchVolatility surface
front-office · LAB→07State-dependent diffusionLocal volatility
advanced · LAB→08Random varianceStochastic volatility
advanced · LAB→09Affine stochastic varianceHeston
front-office · LAB→10Forward smile dynamicsSABR
front-office · LAB→11Fit, stability, governanceCalibration
front-office · LAB→12Hedge geometryVega, vanna and volga
front-office · LAB→One production-grade track at a time.
Numerical finance
Monte Carlo → schemes → Fourier / COS → PDE
Risk & hedging
Greeks → P&L attribution → VaR / ES → model risk
PRESERVED KNOWLEDGE GRAPH
Explore every concept.
The existing typed catalog remains intact and now sits beneath the sequenced flagship curriculum.
Asset class
20entries in this view
⌘K Search by concept, model, instrument or tag.
COMMfoundation
01Spot vs Futures
Separate immediate physical value from exchange-traded future delivery.
COMMpractitioner
02Forward Curves
Commodity delivery prices across maturities.
COMMfoundation
03Contango
A forward curve whose later deliveries trade above nearby prices.
COMMfoundation
04Backwardation
A forward curve whose later deliveries trade below nearby prices.
COMMpractitioner
05Convenience Yield
The non-cash benefit of holding physical inventory.
COMMpractitioner
06Black-76
Option pricing on forwards under lognormal forward dynamics.
COMMfront-office
07Asian Options
Options whose payoff depends on an average price.
COMMfoundation
08Storage Costs
Embed physical warehousing, insurance and financing in commodity carry.
COMMpractitioner
09Seasonality
Model recurring calendar patterns in supply, demand and forward prices.
COMMpractitioner
10Roll Yield
Measure the return from moving exposure along a forward curve.
COMMpractitioner
11Calendar Spreads
Trade relative value between delivery months.
COMMpractitioner
12Commodity Swaps
Exchange floating commodity prices for fixed contractual levels.
COMMpractitioner
13Commodity Options
Attach optionality to forwards, futures or physical indices.
COMMpractitioner
14Mean Reversion
Model commodity prices returning toward an equilibrium level.
COMMpractitioner
15Spread Options
Option the difference between related prices.
COMMfront-office
16Swing Options
Optimise repeated exercise volumes under operational constraints.
COMMpractitioner
17Weather Derivatives
Link payoffs to temperature or other weather indices.
COMMpractitioner
18Crack Spreads
Track refinery margin between crude and products.
COMMpractitioner
19Spark Spreads
Track power-generation margin between electricity and fuel.
COMMpractitioner
20Real Options
Value operational flexibility using option-pricing logic.