The Fredholm-Interrogate Equation Is a Full Spot Ladder of Prices

The Fredholm-Interrogate equation is a full spot ladder of prices. It takes into account intra-dynamics, which is dealing with the fact that risk is not the same in the morning as in the evening. Then it also takes into account the catastrophic jump risk and grimmings announcements. So basically the the result of this is an automatic management of the tricky earnings periods - you know how much to charge for the jump risk.