- Item type
- Book
- Language
- English
- Publication year
- 2013
- ISBN
- 978-1-118-51345-3
- Note
- Subjects
-
There are many books dedicated to the quantitative finance field but these are either devoted to a specific type of financial instrument, combining both the products description and use in the market and their quantitative aspects, or to a specific mathematical or statistical/econometric theory, or otherwise, with an impressive degree of mathematical formalism which needs a high degree of competence in mathematics, econometrics and quantitative methods. Mathematics of the Financial Markets aims to prioritise what needs mastering and presents the content in the most understandable, concise and pedagogical way illustrated by real market examples. from back cover.
Foreword by A.G. MALLIARIS, Loyola University, Chicago --- Main notations --- Introduction --- PART I THE DETERMINISTIC ENVIRONMENT --- 1 Prior to the yield curve: spot and forward rates --- 2 The term structure or yield curve --- 3 Spot instruments --- 4 Equities and stock indexes --- 5 Forward instruments --- 6 Swaps --- 7 Futures --- PART II THE PROBABILISTIC ENVIRONMENT --- 8 The basis of stochastic calculus --- 9 Other financial models: from ARMA to the GARCH family --- 10 Option pricing in general --- 11 Options on specific underlyings and exotic options --- 12 Volatility and volatility derivatives --- 13 Credit derivatives --- 14 Market performance and risk measures --- 15 Beyond the Gaussian hypothesis: potential troubles with derivatives valuation --- Bibliography --- Index..
