Unlike delta-hedging or similar methods based on Greeks, global hedging is an approach that optimizes some terminal … criterion that depends on the difference between the value of a derivative security and that of its hedging portfolio at … maturity or exercise. Global hedging methods in discrete time can be implemented using dynamic programming. They provide …

of numerical methods for pricing, hedging, and risk management of financial instruments. …

, real estate has lagged behind. Now is the time to expand the range of tools available for hedging households’ risks and …

payoff functions that were first derived in the context of partial hedging by Föllmer and Leukert. Not only does this … approach better accommodate the realistic setting of hedging in discrete time, it also allows for the inclusion of transaction …

European claim. This allows pricing and hedging under the minimal martingale measure, corresponding to the local risk … pricing and hedging formulae for put and call options are derived in terms of the Black–Scholes formula. Due to market … an approximate hedging formula, which does not require knowledge of these parameters. The hedging strategies are tested …

pricing and hedging performance, there has been much less emphasis on approaches to measure dynamic hedging effectiveness … reducing hedging risk to an appropriately low level lead us to propose a new perspective on hedging, and recognize it as a tool …

. It calls for such hedging techniques that mitigate this risk level, thus, allowing corporations to enjoy a solid return …. This paper draws attention to a new determinant of hedging, i.e., the role of ownership concentration in risk management … study reveals that concentrated owners are less likely to use derivatives for hedging purposes due to concentrated owners …

negative dynamic conditional correlation between the VIX and SP500). Moreover, the hedging analysis exhibits that the Dow Jones … Islamic has the highest hedging effectiveness either before or during the recent COVID19 crisis, offering better resistance to …

The aim of this study is to determine the main factors affecting the use of foreign exchange hedging instruments by …