John is in a slough.

Using the unhedgeable gap risk during a margin period of risk as a starting point, this article introduces a reserve capital approach to the hedging error and its inclusion in derivatives pricing and valuation.

From the ground, Colombo’s port does not look like much. Those entering it are greeted by wire fences, walls dating back to colonial times and security posts. For mariners leaving the port after lonely nights on the high seas, the delights of the B52 Night Club and Stallion Pub lie a stumble away.

The Kettle Wells are two lums, situated in Bonson's Wood, near Stanmore, which are not surpassed for Elysian beauty. The fall of the water into the first well is inconsiderable; but that continually empties itself into the lum below, over a smooth precipice of thirty feet.