firms Unlike the other Greeks, implied volatility was unknown. 6 t Implied volatility Realized volatility t + 1 • It was calculated by reverse engineer process from the option price at time t. • Implied

]St0 HC = Ct1−[Delta]St1 DeltaBS = f ( St0, K, T, r, σ ) Historical statistic : Standard deviation Implied statistic : Min ∑ (Cmarket – C theoretical) 2 DeltaWM = f ( St0, K, T, r, μ, σ* ) σ* = f (r, μ

ไดรบัอนุญาต ตองจัดใหมีการเปดเผยขอมูลเพื่อเปรียบเทียบคาความผันผวนแฝง (implied volatility) กับคาความผันผวนในอดีต (historical volatility) บน website ของผูออก DW โดยเปนการเปดเผย อยางตอเนื่อง

prospectus; - continuing disclosure of the implied volatility in comparison to the historical volatility on the website of the DW issuer;  - disclosure of a warning statement regarding the gearing ratio, a

decreased of 2 and 4G networ s  remained un with  the guidan revenue and 44 will remain com will  leverage  th e,  fixed  broad e  of  wallet  as  ss.  The  new  Royal Gazette ct  new  NBTC m se term is endin

Chanel at the beginning of the last century, CHANEL offers a broad range of high-end creations, including Ready-to-Wear, Leather Goods, Fashion Accessories, Eyewear, Fragrances, Makeup, Skincare, Jewellery

without any objection. Meanwhile, in the latter period, he sought approval from the clients on the broad pre-determined price ranges of derivatives and securities. Accordingly, he could immediately execute

the capital market can cause broad impact and hurt the economy which in turn affect development of the country. It can also bring damages to people in all walks of life. Lawyers Council under Royal

, greener, more inclusive economy. I’m delighted, therefore, that we are today formalising our broad-based collaboration with the SEC.” About the ASEAN Low Carbon Energy ProgrammeThe ASEAN Low Carbon

, manufacturing and distributing luxury products. Founded by Gabrielle Chanel at the beginning of the last century, CHANEL offers a broad range of high- end creations, including Ready-to-Wear, Leather Goods