While we are waiting for the exam results, I am looking for info on market making, inventory risk, market maker order book strategies etc. Some of the topics have been discussed briefly in David´s materials but I would be glad if somebody could point me to a more comprehensive...
Oh my god, I passed with 1,4,1,1 which perfectly correlates with my preparation time :)
Thanks to BT for the excellent materials and congratulations to everybody who passed :)
I started to prepare in mid August 2018 and spent app. 160h studying but only 2h on Quant :D Given the limited amount...
I hope this is in the right section:
Anthony Saunders and Marcia Millon Cornett, Financial Institutions Management: A Risk Management Approach
The part with Hull, Chapter 3 End of Chapter Questions & Answers
Question 13.10, page 28
Exchange rate given as Brazilian real 0.5/$1...