Market volatility tools reshaping trading landscape post-GFC impact.
The article discusses tools for managing volatility in financial markets. It explains how certain options and products can be used to control exposure to volatility. The researchers also explore the impact of the Global Financial Crisis on the market for volatility trading. Key findings include the sensitivity of volatility positions to various factors, the replication and pricing of variance swaps, and the importance of convexity adjustments in managing risk.