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The Black-Scholes model remains the 2026 gold standard for pricing trillions in derivatives. It uses five key data points: stock price, strike, time, interest rates, and volatility. This math-heavy ...
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Thank you, and good morning, everyone. Expenses of $24 billion were up 5% year on year, predominantly driven by higher volume and revenue-related expenses and compensation growth, including from ...
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This story originally appeared in The Guardian as an exclusive and is republished here as part of the Climate Desk ...