Quant of the year: Alexandre Antonov. Numerix quant revolutionises negative rates modelling
"The ground-breaking feature of the model is that you don't decide in advance how negative the rates could become. With other models you have to, but then markets would change and they would become more negative than you previously thought. Then you would have to change your parameters, causing a profit-and-loss adjustment," says Alexander Sokol ‎- birdwatcher