DeRiVaTiVeS Under Keyboard

Options, Futures, and Other Derivatives
by John C. Hull
This text shows how academia and real-world practice have come together with a common respect and focus of
theory and practice, and provides a unifying approach to the valuation of all derivatives. It assumes basic knowledge
of finance, probability and statistics. This book bridges the gap between the theory and practice of derivatives. It
provides a unifying approach to the valuation of all derivatives not just futures and options. It assumes that the reader
has some knowledge of finance, probability and statistics.
Paul Wilmott on Quantitative Finance
by Paul Wilmott
Paul Wilmott on Quantitative Finance is an extensively updated and expanded edition of his earlier Derivatives:
The Theory and Practice of Financial Engineering. The first third of this volume introduces classic financial and
mathematical concepts, with the remaining two-thirds has recently been updated extensively.

Introduction to Mathematics of Financial Derivatives
by Salih Neftci
Using an intuitive, systematic approach to the material, Salih Neftci introduces the mathematics underlying the pricing
of derivatives. The interest in dynamic pricing models is increasing due to their applicability to practical situations. With
the freeing of exchange, interest rates, and capital controls, the markets for derivative products have matured, and
pricing models have become more accurate. An Introduction to the Mathematics of Financial Derivatives fills the needs
of professionals PhD students, and advanced MBA students who are specifically interested in these financial products.
Interest Rate Option Models
Understanding, Analysing and Using Models from Exotic Interest-Rate Options
by Ricardo Rebonato
Interest Rate Option Models presents in a unified way the theoretical and practical issues involved in the use of models
for pricing of exotic interest rate options. Despite the fact that relatively complex mathematical concepts are introduced
and used in the book, financial intuition rather than mathematical rigour is emphasised throughout.

Pricing and Hedging Swaps
by Paul Miron and Philip Swannall
This book explains both the basic and advanced principles of pricing swaps and their hedge applications. Chapters
describe pricing methods, swap valuation, dealing with interest rate exposure, developing trading strategies and their
application in portfolio management.

Option Pricing, Interest Rates and Risk Management
by Elyes Jouini, Jaksa Cvitanic and Marek Musiela
This handbook presents the contemporary state of practice, method and understanding in the field of mathematical
finance. The primary audiences for the book are doctoral students, researchers and practitioners who already have
some basic knowledge of mathematical finance.

Financial Calculus
An Introduction to Derivative Pricing
by Martin Baxter and Andrew Rennie
This book is considered by many to be the first rigorous and accessible account of the mathematics behind the pricing,
construction and hedging of derivative securities. Key concepts such as martingales, change of measure, and the
Heath-Jarrow-Morton model are described with mathematical precision in a style tailored for market practitioners.
Starting from discrete-time hedging on binary trees, continuous-time stock models (including the Black-Scholes) are
developed. Practicalities are stressed, including examples from stock, currency and interest rate markets, all
accompanied by graphical illustrations with realistic data.

Option Pricing
Black-Scholes Made Easy
by Jerry Marlow
In 1997, the Nobel Prize in Economics was awarded for the work that led to the development of Black-Scholes
Options Pricing theory. Black-Scholes has become the dominant way of understanding and exploiting relationships
among option prices, stock forecasts, and expected stock market volatility. Option Pricing: Black-Scholes Made Easy
teaches you the fundamentals of option valuation and dramatically shortens the learning curve for mastering and
applying the theory and its analytic capabilities. Here is a sophisticated way of thinking made available to those who
do not have the background necessary to do Nobel Prize – winning mathematics.

January 25, 2006 at 4:21 am 4 comments

Tennis Masters Cup – Final

My gloomy mood roused by several masters’ withdraw from Shanghai Tennis Master Cup is sweepped out by today’s brilliant match between David Nalbandian and Roger Federer. I bet Federer planed to take Nal down easily but from the beginning of this match it turned out Federer might be wrong. After two 7-6s, Nal started to fight back, and won Federer by two incrediblely 6-2, 6-1. Federer is undoubtedly execellent, but other players could also win the match if they have faith and confidence. Nal made it! Congrants on him!

I also wanna say Federer is a great player with good manners and personality. He told the audiences that he wont withdraw form the cup and he keeps his promise, bring brilliant matchs to us. Thank you, Federer~

November 20, 2005 at 6:15 pm 6 comments

China’s copper crisis

Since you have lots short positions which will cause you a leg, why not simply buy in the opposite long position to offset them? I think this would be most straightforward step after you realize you made a mistake on future trading. The market is not sure how the SRB would do about this trade yet. Even if SRB decide to hornor the obligation, it is still a big problem for it to delivery the huge amount of copper to the LME.

November 19, 2005 at 7:36 pm 2 comments

Great servers for Emule

ed2k://|server|61.152.99.115|4242|/ 中国驴

ed2k://|server|140.123.108.139|7654|/ tlf
ed2k://|server|210.17.189.102|8888|/ hked2k
ed2k://|server|207.44.222.47|4661|/
ed2k://|server|211.233.41.235|4661|/ korea only
ed2k://|server|195.245.244.243|4661|/ razorback2
ed2k://|server|38.119.96.15|4661|/ sedg

(more…)

November 14, 2005 at 10:01 am Leave a comment