Omega

Ω. The last. The conclusion. The ultimate limit of a set. The end of days. The Tannhäuser Gate. The kind of derivative exposure one or more of the four horsemen of the apocalypse might like - namely one where you can use backtesting with 100% confidence because for the first and only time in the history of the universe you will have all possible data — no doubt will remain — but it still won’t be any use BECAUSE THERE WILL BE NO FUTURE LEFT.

Look on the bright side: at least you can tell Compliance to get stuffed if they ask you to insert the usual disclaimer that “past results are no guarantee of future performance”. The rapture is also the point at which, finally, the doctrine of precedent can be justified on logical grounds; the space-time continuum having reached its outer bounds, it finally being true that there is no infinity of events yet to take place, any of which could (and probabilistically speaking, will) utterly undermine the intellectual assumptions on which the stream of authorities to date has built its momentum.

See also

• Greeks - the home of all things Greek on this site. It’s our own little Athens.
• Alpha
• Beta
• Delta
• Nu - a trick for young players — and those with a degree in Classics.
• Omega — the end of days, and the right time for backtesting
• Vega — not really a Greek at all, but a maudlin singer-songwriter
• Enhanced beta
• Leveraged alpha
• Profound ontological uncertainty
• The rapture