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"A new algorithm for calibrating local regime-switching models" by Xin Jiang He and Song Ping Zhu


Abstract
In quantitative finance practice, model calibration is a key challenge. This is especially so when a local regime-switching model needs to be calibrated because designing an efficient and reliable algorithm to obtain local volatility values as a function of underlying price and time is important for the model to be successfully used in practice. Therefore, this paper proposes a new algorithm for calibrating local regime-switching models with observed option prices available for a particular market that is suitable for this type of model. The newly proposed algorithm is tested with calibrations performed on synthetic as well as real market data. Our empirical test results indicate that the algorithm has great potential to be used in financial risk management. ....

Empirical Test , Ocal Regime Switching Model , Risk Management ,

Optimising Seed Oil Yield by In-process Testing


May 04 2021
In a new article, Oxford Instruments highlight both the cost and time savings using the MQC+ oilseed analyser for optimising seed oil yield instead of Soxhlet extraction or other methods. This is monitored by measuring the oil content of the incoming oilseed and comparing it with the oil content of the residues after pressing and after solvent extraction.
The MQC+ oilseed analyser accurately measures the oil and water content of both oilseeds and their residues according to ISO 10565 and ISO 10632 standard methods respectively. The NMR measurement is based on a simple and intuitive linear calibration that is unaffected by granularity, colour, or the origin of the seeds or residue. Therefore, any decisions based on the oil content measurement, whether determining crop value or optimising the crushing process, can be taken with confidence. ....

Oxford Instruments , ஆக்ஸ்ஃபர்ட் கருவிகள் ,

Real-time Tracking Solutions for Supply Chain Visibility


Apr 12 2021 Read 30 Times
Sensirion is proud to announce that Tive’s multi-sensor tracker Solo 5G relies on its ISO 17025-certified humidity and temperature sensor SHT33. The Solo 5G offers the highest reliability and flexibility in usage.
Tive’s in-transit visibility solution replaces passive data loggers with real-time visibility into the location and condition (temperature, humidity, shock and light) of sensitive cold chain goods such as pharmaceuticals. And with Sensirion’s cutting-edge 3-point calibrated sensors, Tive continues to expedite the delivery of ISO-certified industry-compliant solutions that fit the demanding requirements of shippers and logistics service providers (LSPs) focused on moving life-saving vaccines and their ingredients. ....

வெப்ப நிலை ,

Chemical oxygen demand (COD) reagent vials for measuring water quality


Mar 17 2021 Read 160 Times
CHEMetrics® offers two methods (USEPA-accepted and mercury-free) for the determination of COD levels in wastewater at a much lower cost than competitive vials.
Measuring chemical oxygen demand (COD) is one of the most frequently performed tests for assessing water quality. It is widely applied in municipal wastewater facilities and industrial wastewater treatment plants to determine the degree of water contamination and to evaluate the efficiency of treatment processes.
Products using the USEPA-accepted method contain mercuric sulfate in the reagent to eliminate chloride interferences. A more readily disposable, mercury-free product line is also available for applications in which chloride interference is not a concern and USEPA reporting is not required. ....

Waste Water , கழிவு தண்ணீர் ,

Global Manager Group Celebrates its 25th Anniversary Day of Foundation


Global Manager Group (GMG) – one of the largest business management consulting and training company, which focuses primarily on offering a full range of consulting services, has celebrated last year as silver jubilee year and announced many attractive offers throughout the year. Finally the day is arrived to celebrating its 25th Anniversary Day of foundation – on 5th March, 2021.
City, State, India., March 5, 2021 - /PressReleasePoint/ -Since its inception in 1996, as a small start-up business, Global Manager Group has achieved a number of milestones in the field of ISO and other management system consultancy, total documentation solutions, offering online courses and equipment calibration. ....

Devang Jhaveri , Punyam Academy , International Standards , Calibration Laboratory , National Centre For Quality Calibration , Laboratory Management System Internal Audit , Global Manager Group , Anniversary Day , Manager Group , National Centre , Quality Calibration , Management System , Internal Audit , Applied Sciences , E Learning , Food Safety , Branches Of Science , Draft Pecb , Iso 50001 , Iso Iec 17025 , Iso Iec 27001 , Iso Iec Jtc 1 , Quality Control , தேவங் ஜாவேரி , சர்வதேச தரநிலைகள் , அளவுத்திருத்தம் ஆய்வகம் ,