An exact formulation for the internal field equation of an assembly of small spherical particles
irradiated by an electromagnetic wave is presented. It is demonstrated that the formulation …

The Secured Overnight Financing Rate (SOFR) is on a finishing path to replace US dollar
LIBOR. The lack of well-formed, termed rates equivalent to one and three month LIBOR rates …

To a large extent the global financial crisis has much to do with liquidity and funding. Floating
rate funding and short dated funding roll in particular have experienced unprecedented …

At the core of securities financing transaction modeling is computing the distribution of the
borrower default contingent market losses. Typically, the borrower’s credit spread is modeled …

An uncollateralized swap hedged back-to-back by a CCP swap is used to introduce FVA.
The open IR01 of FVA, however, is a sure sign of risk not being fully hedged, a theoretical no-…

A new, improved, and more efficient algorithm for calculation of the scattering, extinction, and
absorption characteristics of agglomerates consisting of Rayleigh-size primary particles is …

Total return swap (TRS) involves a pricing dilemma: Libor discounting of its premium leg
forces upfront payment of future funding premium, and yet replacing Libor with a firm’s own …

This article presents FVA and CVA of a bilateral derivative in a coherent manner, based on
recent developments in fair value accounting and ISDA standards. We argue that a derivative …

A repurchase agreement lets investors borrow cash to buy securities. Financier only lends
to securities' market value after a haircut and charges interest. Repo pricing is characterized …

Ultrathin 2D molybdenum disulfide (MoS 2 ), which is the flagship of 2D transition‐metal
dichalcogenide nanomaterials, has drawn much attention in the last few years. 2D MoS 2 has …