• Home
• An Introduction to the Mathematics of Financial Derivatives

# An Introduction to the Mathematics of Financial Derivatives

• Author : Salih N. Neftci
• Release : 02 June 2000
• ISBN : 0125153929
• Pages : 527 pages
• Rating : 4/5 from 9 ratings

Summary:
A step-by-step explanation of the mathematical models used to price derivatives. For this second edition, Salih Neftci has expanded one chapter, added six new ones, and inserted chapter-concluding exercises. He does not assume that the reader has a thorough mathematical background. His explanations of financial calculus seek to be simple and perceptive.

## An Introduction to the Mathematics of Financial Derivatives

• Author : Salih N. Neftci,Ali Hirsa,Salih N.. Neftci
• Release : 02 June 2000

A step-by-step explanation of the mathematical models used to price derivatives. For this second edition, Salih Neftci has expanded one chapter, added six new ones, and inserted chapter-concluding exercises. He does not assume that the reader has a thorough mathematical background. His explanations of financial calculus seek to be simple and perceptive.

## Financial Calculus

• Author : Martin Baxter,Andrew Rennie
• Publisher : Cambridge University Press
• Release : 19 September 1996

The rewards and dangers of speculating in the modern financial markets have come to the fore in recent times with the collapse of banks and bankruptcies of public corporations as a direct result of ill-judged investment. At the same time, individuals are paid huge sums to use their mathematical skills to make well-judged investment decisions. Here now is the first rigorous and accessible account of the mathematics behind the pricing, construction and hedging of derivative securities. Key concepts such as

## Introduction to the Mathematics of Finance

• Author : Ruth J. Williams
• Publisher : American Mathematical Soc.
• Release : 25 September 2021

The modern subject of mathematical finance has undergone considerable development, both in theory and practice, since the seminal work of Black and Scholes appeared a third of a century ago. This book is intended as an introduction to some elements of the theory that will enable students and researchers to go on to read more advanced texts and research papers. The book begins with the development of the basic ideas of hedging and pricing of European and American derivatives in

## The Mathematics of Derivatives Securities with Applications in MATLAB

• Author : Mario Cerrato
• Publisher : John Wiley & Sons
• Release : 24 February 2012

Quantitative Finance is expanding rapidly. One of the aspects of the recent financial crisis is that, given the complexity of financial products, the demand for people with high numeracy skills is likely to grow and this means more recognition will be given to Quantitative Finance in existing and new course structures worldwide. Evidence has suggested that many holders of complex financial securities before the financial crisis did not have in-house experts or rely on a third-party in order to assess

## Introduction to the Mathematics of Finance

• Author : Steven Roman
• Publisher : Springer Science & Business Media
• Release : 01 December 2013

An elementary introduction to probability and mathematical finance including a chapter on the Capital Asset Pricing Model (CAPM), a topic that is very popular among practitioners and economists. Dr. Roman has authored 32 books, including a number of books on mathematics, such as Coding and Information Theory, Advanced Linear Algebra, and Field Theory, published by Springer-Verlag.

## An Introduction to Quantitative Finance

• Author : Stephen Blyth
• Publisher : Oxford University Press
• Release : 01 November 2013

The quantitative nature of complex financial transactions makes them a fascinating subject area for mathematicians of all types. This book gives an insight into financial engineering while building on introductory probability courses by detailing one of the most fascinating applications of the subject.

## Mathematics for Finance

• Author : Marek Capinski,Tomasz Zastawniak
• Publisher : Springer
• Release : 18 April 2006

This textbook contains the fundamentals for an undergraduate course in mathematical finance aimed primarily at students of mathematics. Assuming only a basic knowledge of probability and calculus, the material is presented in a mathematically rigorous and complete way. The book covers the time value of money, including the time structure of interest rates, bonds and stock valuation; derivative securities (futures, options), modelling in discrete time, pricing and hedging, and many other core topics. With numerous examples, problems and exercises, this

## A Course in Derivative Securities

• Author : Kerry Back
• Publisher : Springer Science & Business Media
• Release : 30 March 2006

"Deals with pricing and hedging financial derivatives.... Computational methods are introduced and the text contains the Excel VBA routines corresponding to the formulas and procedures described in the book. This is valuable since computer simulation can help readers understand the theory....The book...succeeds in presenting intuitively advanced derivative modelling... it provides a useful bridge between introductory books and the more advanced literature." --MATHEMATICAL REVIEWS

## An Introduction to the Mathematics of Finance

• Author : Stephen Garrett
• Publisher : Butterworth-Heinemann
• Release : 28 May 2013

An Introduction to the Mathematics of Finance: A Deterministic Approach, 2e, offers a highly illustrated introduction to mathematical finance, with a special emphasis on interest rates. This revision of the McCutcheon-Scott classic follows the core subjects covered by the first professional exam required of UK actuaries, the CT1 exam. It realigns the table of contents with the CT1 exam and includes sample questions from past exams of both The Actuarial Profession and the CFA Institute. With a wealth of solved

## Mathematical Models of Financial Derivatives

• Author : Yue-Kuen Kwok
• Publisher : Springer Science & Business Media
• Release : 10 July 2008

This second edition, now featuring new material, focuses on the valuation principles that are common to most derivative securities. A wide range of financial derivatives commonly traded in the equity and fixed income markets are analysed, emphasising aspects of pricing, hedging and practical usage. This second edition features additional emphasis on the discussion of Ito calculus and Girsanovs Theorem, and the risk-neutral measure and equivalent martingale pricing approach. A new chapter on credit risk models and pricing of credit derivatives

## Stochastic Finance

• Author : Hans FĂ¶llmer,Alexander Schied
• Publisher : Walter de Gruyter GmbH & Co KG
• Release : 25 July 2016

This book is an introduction to financial mathematics. It is intended for graduate students in mathematics and for researchers working in academia and industry. The focus on stochastic models in discrete time has two immediate benefits. First, the probabilistic machinery is simpler, and one can discuss right away some of the key problems in the theory of pricing and hedging of financial derivatives. Second, the paradigm of a complete financial market, where all derivatives admit a perfect hedge, becomes the

## Martingale Methods in Financial Modelling

• Author : Marek Musiela
• Publisher : Springer Science & Business Media
• Release : 29 June 2013

A comprehensive and self-contained treatment of the theory and practice of option pricing. The role of martingale methods in financial modeling is exposed. The emphasis is on using arbitrage-free models already accepted by the market as well as on building the new ones. Standard calls and puts together with numerous examples of exotic options such as barriers and quantos, for example on stocks, indices, currencies and interest rates are analysed. The importance of choosing a convenient numeraire in price calculations