holomorphic function

(redirected from Complex derivative)
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holomorphic function

[¦häl·ō¦mȯr·fik ′fəŋk·shən]
(mathematics)
McGraw-Hill Dictionary of Scientific & Technical Terms, 6E, Copyright © 2003 by The McGraw-Hill Companies, Inc.
References in periodicals archive ?
Their dominance of complex derivative markets implies a close link of such institutions to the market-based financial systems highlighted by Cihak and Demirguc Kunt (this issue) as needing regulation to focus closely on incentives.
"As more OTC derivative activity goes through central counterparties, we're going to need to make sure these central counterparties are more robust than in the past, and in the event of a failure, that they can unwind very complex derivative books without unleashing chaos," he said.
The compliant defines the swap as "a complex derivative hedging agreement advertised as a means to 'fix' the otherwise variable interest rate, thus insuring the borrower against the risk of rising interest rates ..."
But for many stocks, most bonds, nearly all residential loans, and virtually all complex derivative securities, prices are not really observed (since transactions are rare and unreported) but instead estimated from supposedly relevant data.
The government should have moved in aggressively to cushion the workout of Lehman's complex derivative book, even if this meant creative legal interpretations or pushing through new laws governing the financial system.
Manmohan Singh 's intervention to sort out the issue of losses suffered by exporters who were sold exotic and complex derivative products by banks.
Analysts said the market was factoring in the risk of a weaker-than-expected world economy and uncertainty about complex derivative positions the bank could be forced to unwind.
In response, investment banks branched into new businesses like originating and distributing complex derivative securities.
Part of the reason for the change in name was due to the sheer arrogance in the industry--why refer to a simple out-of-the-money option when the words "double complex derivative" could be used?
While state and local governments use a vast array of increasingly complex derivative instruments to manage debt and investments, they also may be assuming significant risks.
Under Fastow's leadership, Enron took the use of SPEs to new heights of complexity and sophistication, capitalizing them with not only a variety of hard assets and liabilities, but also extremely complex derivative financial instruments, its own restricted stock, rights to acquire its stock and related liabilities.