American Mathematical Society, 2002. — 209 p. Contemporary finance and actuarial calculations have become so mathematically complex that a rigorous exposition is required for an accurate and complete presentation. This volume delivers just that. It gives a comprehensive and up-to-date methodology for financial pricing and modeling. Also included are special cases useful for...
Unpublished, 2011. — 305 p. Precalculus of Several Variables Vectors, Points, Norm, and Dot Product Angles and Projections Matrix Algebra Systems of Linear Equations and Gaussian Elimination Determinants 38 The Cross Product and Triple Product in R^3 Functions, Limits, and Continuity Functions from R to R^n Functions from R^n to R Functions from R^n to R^m Curvilinear...
2nd ed. — Wiley, 1967. — 607 p. — ISBN: 9780471113553, 0471113557. The main objective is to develop competence and self-confidence in the use of statistical methods, which require some understanding of the theoretical background and some practice in the application of statistical methods to actual data.
Chapman and Hall, 1980. — 187 p. — ISBN: 978-0412219108, 0412219107. Theoretical framework; Special models; Operations on point processes; Multivariate point processes; Spatial processes.
Springer, 2004. - 305 p. This book provides a methodological framework to model univariate and multivariate irregularly spaced financial data. It gives a thorough review of recent developments in the econometric literature, puts forward existing approaches and opens up new directions. The book presents alternative ways to model so-called financial point processes using dynamic...
World Scientific, 2008. — 297 p. This book contains several innovative models for the prices of financial assets. First published in 1986, it is a classic text in the area of financial econometrics. It presents ARCH and stochastic volatility models that are often used and cited in academic research and are applied by quantitative analysts in many banks. Another often-cited...
Cambridge University Press, 2005. — 215 p. — ISBN: 9780521022453, 0521022452. This 2002 book presents the reader with mathematical tools taken from matrix calculus and zero-one matrices and demonstrates how these tools greatly facilitate the application of classical statistical procedures to econometric models. The matrix calculus results are derived from a few basic rules that...
Springer, 2008. — 590 p. Stochastic point processes are sets of randomly located points in time, on the plane or in some general space. This book provides a general introduction to the theory, starting with simple examples and an historical overview, and proceeding to the general theory. It thoroughly covers recent work in a broad historical perspective in an attempt to provide...
General Publishing Company, 1965. — 446 p. — ISBN: 9781114105089, 1114105082. Presenting the various approaches to the study of integration, a well-known mathematics professor brings together in one volume "a blend of the particular and the general, of the concrete and the abstract." This volume is suitable for advanced undergraduates and graduate courses as well as for...
Science Press, 2002. — 250 p. — ISBN: 1571461256, 7030102711, 9787030102713, 9781571461254. Since the publication of the seminal work of H. Federer which gives a rather complete and comprehensive discussion on the subject, the geometric measure theory has developed in the last three decades into an even more cohesive body of basic knowledge with an ample structure of its own,...
Delvin Keith, 2012. — 117 p. — ISBN13: 978-0615653631, ISBN10: 0615653634. Many students encounter difficulty going from high school math to college-level mathematics. Even if they do well at math in school, most students are knocked off course for a while by the shift in emphasis from the K-12 focus on mastering procedures to the “mathematical thinking” characteristic of much...
Walter de Gruyter, 2001. — 248 p. It contained three introductory chapters on measure and integration as well as a chapter on measure in topological spaces, which was embedded in the probabilistic developments. Over the years these parts of the book were made the basis for lectures on measure and integration at various universities. Generations of students used the measure...
CRC Press, 2004. — 154 p. This book is designed to help the university student make the difficult transition from calculus to university-level pure mathematics.
Wiley, 2003. — 336 p. Financial Derivatives introduces the broad range of markets for financial derivatives. A financial derivative is a financial instrument based on another more elementary financial instrument. The value of the financial derivative depends on, or derives from, the more basic instrument. Usually, the base instrument is a cash market financial instrument, such...
Edgehill Publishing, 2010. — 212 p. The foreign exchange market has rapidly become one of the most popular markets to trade in recent years. Because of its round-the-clock hours, high leverage and low margin requirements, thousands of ordinary people have become active traders. MetaTrader 4 (commonly abbreviated as MT4) has become one of the most popular trading platforms for...
Wiley, 2013. — 1108 p. This is a technical resource book written for self-directed traders who want to understand the scientific underpinnings of the filters and indicators they use in their trading decisions rather than to use the trading tools on blind faith.
Shaharyah Publishers, 2013. — 406 p. The goal of this edition remains the same as the previous ones - to give a comprehensive and state-of-the-art treatment of all important aspects of the subject. The book comes with a straight forward and easy to understand computer programs written in C++.
Springer, 2016. — 604 p. — ISBN: 9783319554556, 3319554557. This easy-to-read book introduces the basics of solving partial differential equations by finite difference methods. The emphasis is on constructing finite difference schemes, formulating algorithms, implementing algorithms, verifying implementations, analyzing the physical behavior of the numerical solutions, and applying...
Springer, 2016. — 241 p. This text provides a very simple, initial introduction to the complete scientific computing pipeline: models, discretization, algorithms, programming, verification, and visualization. The pedagogical strategy is to use one case study - an ordinary differential equation describing exponential decay processes - to illustrate fundamental concepts in...
McGraw-Hill, 2003. — 306 p. Exchange-traded funds, priced like a stock and traded continuously throughout the day, are the hottest thing in investing today. All About Exchange-Traded Funds is one of the first introductory guides to provide investors with the nuts-and-bolts aspects of ETFs, from various types and basic trading rules to effective trading strategies for building...
McGraw-Hill, 2011. — 257 p. Dividends are king in today's uncertain stock market, with more investors every day looking to add the stability and long-term performance of dividend-paying stocks to their portfolios. All About Dividend Investing takes a clear-eyed look at this new environment, then provides a comprehensive, step-by-step dividend-investing approach designed to...
McGraw-Hill, 2001. — 289 p. Since 1992’s first edition of this bestselling book, the futures market has changed incredibly — Internet access and electronic trading dominate the market, options have grown in importance, and a greater number of futures markets exist worldwide. All About Futures, Second Edition, covers all the updated basics of futures trading for the beginner,...
McGraw-Hill, 2002. — 284 p. Shell-shocked investors have lost patience with the traditional buy-and-hold approach to investing. All About Market Timing arms investors with simple, easy-to-use timing techniques that they can use to enter rising markets, exit (or go short) falling markets, and make consistent profits in both market environments while protecting against...
McGraw-Hill, 2003. — 274 p. Shell-shocked investors have lost patience with the traditional buy-and-hold approach to investing. All About Market Timing arms investors with simple, easy-to-use timing techniques that they can use to enter rising markets, exit (or go short) falling markets, and make consistent profits in both market environments while protecting against...
McGraw-Hill, 1998. — 257 p. To minimize risk and greatly increase return, lightning-fast options trading instincts are critical. All About Options, Second Edition is the ideal first step to developing these instincts. With its in-depth coverage of the basics of options and option trading, this new edition is perfect for beginners as well as traders going to the next level. It...
McGraw-Hill, 2011. — 256 p. Short selling is growing in popularity — and for good reason. A smart shorting strategy can yield impressive profits while decreasing portfolio risk. All About Short Selling reveals what you need to excel in this exciting form of trading — without making the classic “beginner’s” mistakes. An expert in the field, Tom Taulli provides a comprehensive...
Springer, 2006. — 371 p. Stochastic financial mathematics is now one of the most rapidly developing fields of mathematics and applied mathematics. It has very close ties with economics and is oriented to the solution of problems appearing every day in real financial markets. The aims formulated in this text were the leading ideas for our conference. Indeed, all talks had, first...
Elsevier, 1982. — 317 p. Theory and application of a variety of mathematical techniques in economics are presented in this volume. Topics discussed include: martingale methods, stochastic processes, optimal stopping, the modeling of uncertainty using a Wiener process, Itô's Lemma as a tool of stochastic calculus, and basic facts about stochastic differential equations. The...
World Scientific, 2006. — 756 p. A reprint of one of the classic volumes on portfolio theory and investment, this book has been used by the leading professors at universities such as Stanford, Berkeley, and Carnegie-Mellon. It contains five parts, each with a review of the literature and about 150 p. of computational and review exercises and further in-depth, challenging...
Springer, 2005. — 215 p. In recent years, financial engineering has developed new ways of financing deals based primarily on the capacity of the operations to generate sufficient cash for the repayment of loans or bonds. The business of structured finance has then become an interesting business area for non-financial companies, investment and commercial banks and consultants....
2nd Edition. — Pearson Addison Wesley, 2009. — 824 p. Econometrics can be a fun course for both teacher and student. The real world of economics, business, and government is a complicated and messy place. Full of competing ideas and questions that demand answers. Is it more effective to tackle drunk driving by passing tough laws or by increasing the tax on alcohol? Can you make...
Wiley, 2007. — 467 p. With The Hedge Fund Compliance and Risk Management Guide, you'll discover exactly why this is true and learn how you can hone your skills to make better decisions in the dynamic world of hedge funds.
New York: Oxford University Press, 1996. — 375 p. Does economics have anything useful to say about the financial markets? The fact that most large firms employ sizable staffs of economists. During the last three decades, the Nobel prize in economics has been transformed into a number of eminent scholars. The most illuminating of their contributions were the statement of the...
Wiley, 2002. — 334 p. This book describes the tools and techniques of value-at-risk and risk decomposition, which underlie risk budgeting. Most readers will never actually compute a value-at-risk (VaR) estimate. That is the role of risk measurement and portfolio management systems. Nonetheless, it is crucial that consumers of value-at-risk estimates and other risk measures...
Wiley, 2008. — 195 p. This book is about risk analysis – basic ideas, principles and methods. Both theory and practice are covered. A number of books exist presenting the many risk analysis methods and tools, such as fault tree analysis, event tree analysis and Bayesian networks. In this book we go one step back and discuss the role of the analyses in risk management. How such...
Princeton University Press, 2010. — 379 p. This book is essential for financial practitioners, researchers, scholars, and students who want to understand the nature of financial markets or work toward improving them.
Cambridge University Press, 2009. — 656 p. Recent years have seen an upsurge of change and reform in corporate law and financial market regulation internationally as the corporate and institutional investor sector increasingly turns to the international financial markets. Th is follows large-scale institutional and regulatory reform aft er a series of international corporate...
Hindawi Publishing Corporation, 2014. — 436 p. Modern financial markets encapsulate vast number of interconnected financial entities, instruments, and strategies. Understanding these complex dynamical systems requires multidisciplinary efforts from a wide range of quantitative fields including mathematics, statistics, data mining, and operations research. While conventional...
Springer, 2011. — 260 p. What role should regulation play in financial markets? What have been the ramifications of financial regulation? To answer these and other questions regarding the efficacy of legislation on financial markets, this book examines the impact of the Gramm Leach Bliley Act (GLBA), also called the Financial Modernization Act of 1999, which fundamentally...
Elsevier, 2000. — 303 p. Microscopic Simulation (MS) uses a computer to represent and keep track of individual ("microscopic") elements in order to investigate complex systems which are analytically intractable. A methodology that was developed to solve physics problems, MS has been used to study the relation between microscopic behavior and macroscopic phenomena in systems...
Princeton University Press, 1996. — 333 p. The past twenty years have seen an extraordinary growth in the use of quantitative methods in financial markets. Finance professionals now routinely use sophisticated statistical techniques in portfolio management, proprietary trading, risk management, financial consulting, and securities regulation. This graduate-level textbook is...
Princeton University Press, 1996. — 653 p. — ISBN: 9781400830213. The past twenty years have seen an extraordinary growth in the use of quantitative methods in financial markets. Finance professionals now routinely use sophisticated statistical techniques in portfolio management, proprietary trading, risk management, financial consulting, and securities regulation. This...
Springer, 2011. — 154 p. Volatility is very much with us in today's equity markets. Day-to-day price swings are often large and intra-day volatility elevated, especially at market openings and closings. What explains this? What does this say about the quality of our markets? Can short-period volatility be controlled by better market design and a more effective use of electronic...
Elsevier, 2008. — 265 p. As economic and regulatory pressures drive financial institutions to seek efficiency gains by improving the quality of their trading processes and systems, firms are devoting increasing amounts of capital to maintaining their competitive edge. Straight-Through Processing (STP), which automates every step in the trading system, is the most effective way...
Wiley, 2002. — 415 p. Cutting-edge information on the valuation and application of real options Most investors and risk managers are familiar with financial options. But the real option structure is embedded in billions of dollars of stocks traded every day, and in billions of dollars of strategic or investment decisions made by many companies. Real options are a useful tool to...
World Scientific, 2001. — 379 p. This invaluable book contains lectures delivered at the celebrated Seminar in Mathematical Finance at the Courant Institute. The lectures and presenters of papers are prominent researchers and practitioners in the field of quantitative financial modeling. Most are faculty members at leading universities or Wall Street practitioners. The lectures...
Elsevier, 2009. — 306 p. Industry pressures to shorten trading cycles and provide information-on-demand are forcing firms to re-evaluate and re-engineer all operations. Shortened trading cycles will put additional emphasis on improving risk management through front-, middle-, and back-office operations. Both business and IT managers need to effectively translate these...
Wiley, 2003. — 238 p. High Performance Options Trading offers a fresh perspective on trading options from a seasoned options trader programmer/engineer, Leonard Yates. Drawing on twenty-five years of experience as an options trader and software programmer, Yates has written this straightforward guide. First he provides readers with a solid foundation to trading options,...
Wiley, 2003. — 308 p. The ideas, principles, and tools contained in this book have emerged from literally thousands of discussions, interactions, and negotiations with friends, colleagues, and business prospects and partners. The context in most cases was creating value from technology by some form of collaborative enterprise. However, the foundational negotiation issue in...
Wiley, 1996. — 447 p. The purpose of this book is to provide readers with an introduction to Bayesian inference in econometrics. An effort has been made to relate the problems of inference in econometrics to the general problems of inference in science and to indicate how the Bayesian approach relates to general problems of scientific inference.