Introduction to quantitative methods for financial markets Hansjoerg Albrecher [and others]

Format:

Book

Contributor:

Albrecher, Hansjörg

Series:

Compact textbooks in mathematics

Language:

English

German

Subjects (All):

Business mathematics.

Physical Description:

1 online resource

Place of Publication:

Basel Birkhäuser London Springer [distributor] 2013

Language Note:

Translated from the German

System Details:

text file

PDF

Summary:

Swaps, futures, options, structured instruments - a wide range of derivative products is traded in today's financial markets. Analyzing, pricing and managing such products often requires fairly sophisticated quantitative tools and methods. This book serves as an introduction to financial mathematics with special emphasis on aspects relevant in practice. In addition to numerous illustrative examples, algorithmic implementations are demonstrated using "Mathematica" and the software package "UnRisk" (available for both students and teachers). The content is organized in 15 chapters that can be treated as independent modules. In particular, the exposition is tailored for classroom use in a Bachelor or Master program course, as well as for practitioners who wish to further strengthen their quantitative background

Contents:

Interest, Coupons and Yields Financial Products The No-Arbitrage Principle European and American Options The Binomial Option Pricing Model The Black-Scholes Model The Black-Scholes Formula Stock-Price Models Interest Rate Models Numerical Methods Simulation Methods Calibrating Models

Inverse Problems Case Studies: Exotic Derivatives Portfolio Optimization Introduction to Credit Risk Models

Notes:

Print version record

Other Format:

Print version Introduction to quantitative methods for financial markets

ISBN:

9783034805193

3034805195

OCLC:

852158443

Access Restriction:

Restricted for use by site license