21. (Note that this is subtly different from the probability theory notion of martingale . 22. :What you're describing is basically the martingale characterization of algorithmic randomness. 23. Some show jumpers also prefer the running martingale due to the extra freedom it provides. 24. It acts in a manner similar to a running martingale , but with additional leverage. 25. This ensures that the discounted replicating portfolio process is a Martingale under risk neutral conditions. 26. This reminds me of a reverse martingale . 27. Independence, interchangeability, martingales ". 28. The CPP plays the role of an equivalent martingale measure in markets with transaction costs. 29. Finally, Oliveira proves a result for matrix martingales independently from the Ahlswede Winter framework. 30. Commerzbank said the addition of Martingale brought its total assets under management to 100 billion marks.
