11 mins read Instances and examples of a range of exotic contracts such as Digital, Barrier, Asian (as well as Bermuda and Mid-Atlantic), Lookback, Quanto, Compound option, chooser options, Ladder and Shouts. All variations on contracts that allow a customer to do a hand full of things that we’d addressed earlier such as adding yield, limiting downside, providing structured protection, and reducing cost.
11 mins read Your challenge working as a treasury professional is to take this term sheet and turn it into this payoff profile. If you do this successfully, you would do exceedingly well because you would understand what the counterparty, what the competition sitting on the other side has done by combining A+B+C. You would read this structure and immediately know that they have taken one part A, one part B and one part C and have sold the customer something called D. But if you can’t this term sheet and translate it into this diagram then you will always be clueless about what exactly has gone into D. And if you are clueless about what has gone into D you can’t price it. If you can’t price it, you can’t value it. If you can’t value it, you can’t compete against it.
14 mins read This is the transcript from the video recording for session three of selling treasury products where we use the case study of an oil refinery to show how to translate impact of crude oil price volatility into P&L and margin impact. This impact forms the basis for exposure estimation used to suggest an oil price hedging solution to a customer impacted by a change in crude oil prices.
4 mins read If I have three prizes with 75 entries I may pick as many as six winners for my short list. These winners have all made it beyond my first cut because they fit the business plan competition theme, they have answered the question, they have scored high and they have all made my job easier as a judge by giving me the information I need to score them. They all love their ideas, this much is apparent but they have also helped me see why their idea is worth loving.
3 mins read Congratulations on your nomination as a P@SHA candidate to the Asia Pacific ICT Awards or the P@SHA Social Innovation Fund.
2 mins read Eat people and Grumby. Two books, one author, ten days. Loads of fun.. First Eat People. I came across Andy