Quadratic variation of càdlàg semimartingales as a.s. limit of the normalized truncated variations (1708.00732v3)

Abstract: For a real c`adl`ag path $x$ we define sequence of semi-explicit quantities, which do not depend on any partitions and such that whenever $x$ is a path of a c`adl`ag semimartingale then these quantities tend a.s. to the continuous part of the quadratic variation of the semimartingale. Next, we derive several consequences of this result and propose a new approach to define F\"oLLMer's pathwise integral.