Marne The recovery rate is the percentage of the face value of a debt instrument that is expected to be repaid to the investor in the event of default. The recovery rate is an important consideration when assessing the risk of a debt investment, as it will determine the amount of loss that an investor would … Read more
A horizontal market is a market in which products or services are targeted at a specific industry or sector. Horizontal markets can be further divided into two categories: general purpose and sector specific. General purpose horizontal markets are those in which products or services are targeted at a specific industry or sector, but can be … Read more
A lattice-based model is a mathematical model that tracks the prices of assets over time, using a lattice structure. This type of model is commonly used in options and derivatives trading, as it can help to predict how prices will move in the future. The lattice-based model is based on the assumptions that asset prices … Read more
