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.

In this country, it is hard to find a nongovernment job.

Coordinate term: Eloi

Buried treasures are naturally among the problems which have come to Mr. [Sherlock] Holmes. One genuine case was accompanied by a diagram here reproduced. … Each Indiaman in those days had its own semaphore code, and it is conjectured that the three marks upon the left are signals from a three-armed semaphore.