Structuring is creating a product based on base components. E.g. create a structured note for a client which will pay some coupon depending on the level of the S&P 500. The note is basically unsecured funding + some kind of derivative. You price the note based on the components
Securitisation is repackaging, like taking many mortgages and creating one mortgage-backed security.
Structuring is creating a product based on base components. E.g. create a structured note for a client which will pay some coupon depending on the level of the S&P 500. The note is basically unsecured funding + some kind of derivative. You price the note based on the components
Securitisation is repackaging, like taking many mortgages and creating one mortgage-backed security.
Strat not sure what you mean buddy
Thanks for your reply.
The "Strat " I mean is Strategist
Above is correct. Strat can be anything, from market modeling to derivatives pricing. In this case its going to be someone who prices components of structured products, as well as any options/derivatives that are being used. Used a lot when a non standard product is being sold.
Assuming you're talking about the securitized products desk.
Above is correct. Strat can be anything, from market modeling to derivatives pricing. In this case its going to be someone who prices components of structured products, as well as any options/derivatives that are being used. Used a lot when a non standard product is being sold.
Assuming you're talking about the securitized products desk.
Does it mean Strat did modelling and pring the product that structurer creat? Why structurers do not price it themselves?
Above is correct. Strat can be anything, from market modeling to derivatives pricing. In this case its going to be someone who prices components of structured products, as well as any options/derivatives that are being used. Used a lot when a non standard product is being sold.
Assuming you're talking about the securitized products desk.
Does it mean Strat did modelling and pring the product that structurer creat? Why structurers do not price it themselves?
From what I understand from my friends who work on securitzed products desks, yes if it its a non standard product. Some products are sold daily and the structurer can just feed inputs into the program. Other times they will sell a specific, new product to a company and the strat will price it.
Strats do mean different things at different places, however. They are on many desks and within many divisions.
Above is correct. Strat can be anything, from market modeling to derivatives pricing. In this case its going to be someone who prices components of structured products, as well as any options/derivatives that are being used. Used a lot when a non standard product is being sold.
Assuming you're talking about the securitized products desk.
Does it mean Strat did modelling and pring the product that structurer creat? Why structurers do not price it themselves?
From what I understand from my friends who work on securitzed products desks, yes if it its a non standard product. Some products are sold daily and the structurer can just feed inputs into the program. Other times they will sell a specific, new product to a company and the strat will price it.
Strats do mean different things at different places, however. They are on many desks and within many divisions.
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Structuring is creating a product based on base components. E.g. create a structured note for a client which will pay some coupon depending on the level of the S&P 500. The note is basically unsecured funding + some kind of derivative. You price the note based on the components
Securitisation is repackaging, like taking many mortgages and creating one mortgage-backed security.
Strat not sure what you mean buddy
Thanks for your reply. The "Strat " I mean is Strategist
Above is correct. Strat can be anything, from market modeling to derivatives pricing. In this case its going to be someone who prices components of structured products, as well as any options/derivatives that are being used. Used a lot when a non standard product is being sold.
Assuming you're talking about the securitized products desk.
Does it mean Strat did modelling and pring the product that structurer creat? Why structurers do not price it themselves?
From what I understand from my friends who work on securitzed products desks, yes if it its a non standard product. Some products are sold daily and the structurer can just feed inputs into the program. Other times they will sell a specific, new product to a company and the strat will price it.
Strats do mean different things at different places, however. They are on many desks and within many divisions.
Make Sense. Thank you.
Rerum eligendi itaque ratione mollitia vel aliquid. Laudantium voluptatum hic inventore. Aut rerum tempora non nam fugit dolorem consequuntur. Delectus doloribus quisquam ducimus et in ea dolorem.
Natus ut eaque voluptatem laudantium blanditiis consectetur. Similique et dolores ipsam laudantium cumque est nihil. Neque fuga voluptatem aliquid.
Reiciendis est sunt sunt consequuntur repudiandae sed. Illo animi cum praesentium quam quo mollitia.
Aut numquam doloribus mollitia placeat est eos molestiae voluptas. Non repellendus impedit et corrupti magni. At accusamus nostrum molestiae ut.
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