109,90 CHF *

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This book covers foreign exchange options from the point of view of the finance practitioner. It contains everything a quant or trader working in a bank or hedge fund would need to know about the mathematics of foreign exchange--not just the theoretical mathematics covered in other books but also comprehensive coverage of implementation, pricing and calibration. With content developed with input from traders and with examples using real-world data, this book introduces many of the more commonly requested products from FX options trading desks, together with the models that capture the risk characteristics necessary to price these products accurately. Crucially, this book describes the numerical methods required for calibration of these models - an area often neglected in the literature, which is nevertheless of paramount importance in practice. Thorough treatment is given in one unified text to the following features: * Correct market conventions for FX volatility surface construction * Adjustment for settlement and delayed delivery of options * Pricing of vanillas and barrier options under the volatility smile * Barrier bending for limiting barrier discontinuity risk near expiry * Industry strength partial differential equations in one and several spatial variables using finite differences on nonuniform grids * Fourier transform methods for pricing European options using characteristic functions * Stochastic and local volatility models, and a mixed stochastic/local volatility model * Three-factor long-dated FX model * Numerical calibration techniques for all the models in this work * The augmented state variable approach for pricing strongly path-dependent options using either partial differential equations or Monte Carlo simulation Connecting mathematically rigorous theory with practice, this is the essential guide to foreign exchange options in the context of the real financial marketplace. Table of Contents Mathematical Preliminaries Deltas and Market Conventions Volatility Surface Construction Local Volatility and Implied Volatility Stochastic Volatility Numerical Methods for Pricing and Calibration First Generation Exotics - Binary and Barrier Options Second Generation Exotics Multicurrency Options Long-dated FX Options

Anbieter: Orell Fuessli CH

Stand: 01.12.2020 Zum Angebot

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328,00 CHF *

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This title describes the state of the art in all areas of spatial marketing, discussing the various constituents which make up the geography of markets. Demand varies according to location and can be measured according to revenue, the number of households, spending patterns and lifestyles. Supply is also dependent on position, because prices, services, products and available shops rely on location, while the difference between supply and demand is the rationale for the role of the trader. The book also covers the way geographic techniques help to solve marketing problems and contains chapters written by contributors with extensive experience in this field; given that it is crucial for companies to direct their marketing correctly at their target audience, this will be indispensable reading for those involved in this area.

Anbieter: Orell Fuessli CH

Stand: 01.12.2020 Zum Angebot

Stand: 01.12.2020 Zum Angebot

112,00 CHF *

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The book provides empirical insights on several aspects of organic farming in the Himalayan Nation, Nepal. It covers historical background of organic farming, policy elements, comparative assessment of farm-family resources in different farming systems prevailed within the short transects of urban and peri-urban areas of the Middle Mountains of Nepal, their distribution along the spatial gradient and relevance to organic farming development, consumer and trader perception on organic vegetables and preference modeling through conjoint analysis. Application of the AHP to find the important factors of farming predominance is probably the first of its kind in the arena of farming. Similarly, application of spatial sampling design also claims the same. The author mostly uses qualitative research methods along with spatial integration of micro-survey data in GIS environment. The findings, in its abridged form, state that organic farming is a profitable enterprise for the smallholder farm-families around the peri-urban areas of Nepal. The spatial location of the household affects the potential development of organic agriculture, particularly in the rural areas.

Anbieter: Orell Fuessli CH

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60,00 CHF *

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This book covers foreign exchange options from the point of view of the finance practitioner. It contains everything a quant or trader working in a bank or hedge fund would need to know about the mathematics of foreign exchange--not just the theoretical mathematics covered in other books but also comprehensive coverage of implementation, pricing and calibration. With content developed with input from traders and with examples using real-world data, this book introduces many of the more commonly requested products from FX options trading desks, together with the models that capture the risk characteristics necessary to price these products accurately. Crucially, this book describes the numerical methods required for calibration of these models - an area often neglected in the literature, which is nevertheless of paramount importance in practice. Thorough treatment is given in one unified text to the following features: * Correct market conventions for FX volatility surface construction * Adjustment for settlement and delayed delivery of options * Pricing of vanillas and barrier options under the volatility smile * Barrier bending for limiting barrier discontinuity risk near expiry * Industry strength partial differential equations in one and several spatial variables using finite differences on nonuniform grids * Fourier transform methods for pricing European options using characteristic functions * Stochastic and local volatility models, and a mixed stochastic/local volatility model * Three-factor long-dated FX model * Numerical calibration techniques for all the models in this work * The augmented state variable approach for pricing strongly path-dependent options using either partial differential equations or Monte Carlo simulation Connecting mathematically rigorous theory with practice, this is the essential guide to foreign exchange options in the context of the real financial marketplace.

Anbieter: Orell Fuessli CH

Stand: 01.12.2020 Zum Angebot

Stand: 01.12.2020 Zum Angebot

145,00 CHF *

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Anbieter: Orell Fuessli CH

Stand: 01.12.2020 Zum Angebot

Stand: 01.12.2020 Zum Angebot

60,00 CHF *

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ggf. zzgl. Versand

This book covers foreign exchange options from the point of view of the finance practitioner. It contains everything a quant or trader working in a bank or hedge fund would need to know about the mathematics of foreign exchange not just the theoretical mathematics covered in other books but also comprehensive coverage of implementation, pricing and calibration. With content developed with input from traders and with examples using real-world data, this book introduces many of the more commonly requested products from FX options trading desks, together with the models that capture the risk characteristics necessary to price these products accurately. Crucially, this book describes the numerical methods required for calibration of these models an area often neglected in the literature, which is nevertheless of paramount importance in practice. Thorough treatment is given in one unified text to the following features: Correct market conventions for FX volatility surface construction Adjustment for settlement and delayed delivery of options Pricing of vanillas and barrier options under the volatility smile Barrier bending for limiting barrier discontinuity risk near expiry Industry strength partial differential equations in one and several spatial variables using finite differences on nonuniform grids Fourier transform methods for pricing European options using characteristic functions Stochastic and local volatility models, and a mixed stochastic/local volatility model Three-factor long-dated FX model Numerical calibration techniques for all the models in this work The augmented state variable approach for pricing strongly path-dependent options using either partial differential equations or Monte Carlo simulation Connecting mathematically rigorous theory with practice, this is the essential guide to foreign exchange options in the context of the real financial marketplace.

Anbieter: Orell Fuessli CH

Stand: 01.12.2020 Zum Angebot

Stand: 01.12.2020 Zum Angebot

59,99 € *

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Anbieter: Thalia AT

Stand: 01.12.2020 Zum Angebot

Stand: 01.12.2020 Zum Angebot

119,99 € *

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Anbieter: Thalia AT

Stand: 01.12.2020 Zum Angebot

Stand: 01.12.2020 Zum Angebot

199,99 € *

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Anbieter: Thalia AT

Stand: 01.12.2020 Zum Angebot

Stand: 01.12.2020 Zum Angebot