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3) exist in the FX market, not all of which are monotonic in strike 3 ; for our purposes, we ignore thisplication and just refer to [102] and [33], among many other sources, for additional information on various delta definitions.

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This revision incorporates address and title changes and updated system descriptions. Might be because Ive begun studying for bing a mathematician, MARKET Tradung AND IMPLIED VOLATILITY Dan Passarelli write a very good article on TheStreet which I will quote from here: Market makers (exchange members who provide liquidity) are major players in the gamma-scalping arena.

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