
- 292 pages
- English
- ePUB (mobile friendly)
- Available on iOS & Android
Contemporary Issues in Quantitative Finance
About this book
Contemporary quantitative finance connects the abstract theory and the practical use of financial innovations, such as ultra-high-frequency trading and cryptocurrencies. It teaches students how to use cutting-edge computational techniques, mathematical tools, and statistical methodologies, with a focus on real-life applications.
The textbook opens with chapters on financial markets, global finance, and financial crises, setting the subject in its historical and international context. It then examines key topics in modern quantitative finance, including asset pricing, exchange-traded funds, Monte Carlo simulations, options, alternative investments, artificial intelligence, and big data analytics in finance. Complex theory is condensed to intuition, with appendices presenting advanced mathematical or statistical techniques. Each chapter offers Excel-based implementations, conceptual questions, quantitative problems, and a research project, giving students ample opportunity to develop their skills. Clear chapter objectives, summaries, and key terms also support student learning.
Digital supplements, including code and PowerPoint slides, are available for instructors. Assuming some prior financial education, this textbook is suited to upper-level undergraduate and postgraduate courses in quantitative finance, financial engineering, and derivatives.
Frequently asked questions
- Essential is ideal for learners and professionals who enjoy exploring a wide range of subjects. Access the Essential Library with 800,000+ trusted titles and best-sellers across business, personal growth, and the humanities. Includes unlimited reading time and Standard Read Aloud voice.
- Complete: Perfect for advanced learners and researchers needing full, unrestricted access. Unlock 1.4M+ books across hundreds of subjects, including academic and specialized titles. The Complete Plan also includes advanced features like Premium Read Aloud and Research Assistant.
Please note we cannot support devices running on iOS 13 and Android 7 or earlier. Learn more about using the app.
Information
Table of contents
- Cover
- Half Title
- Series
- Title
- Copyright
- Dedication
- Contents
- About the Author
- 1 Introduction: History, Present, Future of Financial Markets and Securities
- 2 Global Finance
- 3 Financial Crises: Reasons, Consequences, Lessons
- 4 Trading Ecosystem: History, Speed, Orders, Intraday, E.S.G.
- 5 Asset Pricing Models
- 6 Modern Portfolio Theory and Optimization
- 7 Hedge Funds, Mutual Funds, E.T.F.s
- 8 Stochastic Calculus
- 9 Monte Carlo Simulations
- 10 Value-at-Risk (VaR)
- 11 Fixed-Income Securities, Term Structure of Interest Rates
- 12 Options: Introduction
- 13 Options: Binomial Tree Model
- 14 Options: Black-Scholes-Merton Model
- 15 Options: Greeks and Risk Management
- 16 Forwards and Futures
- 17 Alternative Investments
- 18 Currency, Cryptocurrency, Blockchain, Fintech
- 19 Artificial Intelligence in Finance
- 20 Big Data Analytics
- Bibliography
- Index