{"product_id":"9783319340265","title":"Analytical Finance: Volume I: The Mathematics of Equity Derivatives, Markets, Risk and Valuation","description":"\u003ch1\u003eAnalytical Finance: Volume I: The Mathematics of Equity Derivatives, Markets, Risk and Valuation\u003c\/h1\u003e \u003ch2\u003eRöman, Jan R. M.\u003c\/h2\u003e \u003cp\u003e\u003c\/p\u003e\u003cp\u003eThis book provides an introduction to the valuation of financial instruments on equity markets. Written from the perspective of trading, risk management and quantitative research functions and written by a practitioner with many years’ experience in markets and in academia, it provides a valuable learning tool for students and new entrants to these markets.\u003c\/p\u003e\u003cp\u003e\u003ci\u003eCoverage includes:\u003c\/i\u003e\u003c\/p\u003e\u003cp\u003e·Trading and sources of risk, including credit and counterparty risk, market and model risks, settlement and Herstatt risks.\u003c\/p\u003e\u003cp\u003e·Numerical methods including discrete-time methods, finite different methods, binomial models and Monte Carlo simulations.\u003c\/p\u003e\u003cp\u003e·Probability theory and stochastic processes from the financial modeling perspective, including probability spaces, sigma algebras, measures and filtrations.\u003c\/p\u003e\u003cp\u003e·Continuous time models such as Black-Scholes-Merton; Delta-hedging and Delta-Gamma-hedging; general diffusion models and how to solve Partial Differential Equation using theFeynmann-Kac representation.\u003c\/p\u003e\u003cp\u003e·The trading, structuring and hedging several kinds of exotic options, including: Binary\/Digital options; Barrier options; Lookbacks; Asian options; Chooses; Forward options; Ratchets; Compounded options; Basket options; Exchange and Currency-linked options; Pay later options and Quantos.\u003c\/p\u003e\u003cp\u003e·A detailed explanation of how to construct synthetic instruments and strategies for different market conditions, discussing more than 30 different option strategies.\u003c\/p\u003e\u003cp\u003e \u003c\/p\u003e\u003cp\u003eWith source code for many of the models featured in the book provided and extensive examples and illustrations throughout, this book provides a comprehensive introduction to this topic and will prove an invaluable learning tool and reference for anyone studying or working in this field. \u003c\/p\u003e\u003cul\u003e \u003c\/ul\u003e \u003ch3\u003eDetails\u003c\/h3\u003e \u003cp\u003ePublished by: Palgrave Macmillan\u003c\/p\u003e \u003cp\u003ePublication Date: 2017-02-13\u003c\/p\u003e \u003cp\u003eFormat: Paperback\u003c\/p\u003e \u003cp\u003eISBN-13: 9783319340265\u003c\/p\u003e \u003cp\u003eDOI: 10.1007\/978-3-319-34027-2\u003c\/p\u003e \u003cp\u003eDimensions: 235cm x155cm\u003c\/p\u003e \u003cp\u003ePages: 492\u003c\/p\u003e ","brand":"Springer International Publishing","offers":[{"title":"Default Title","offer_id":47517709959308,"sku":"9783319340265","price":76.49,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0710\/9545\/1788\/files\/9783319340265.jpg?v=1775966281","url":"https:\/\/fh90cf-fv.myshopify.com\/products\/9783319340265","provider":"Late Knight Books and Services, LLC","version":"1.0","type":"link"}