Xiong, Lu; Luo, Jiyao; Vise, Hanna; White, Madison - In: Risks : open access journal 11 (2023) 8, pp. 1-16
Option pricing is an important research field in financial markets, and the American option is a common financial …. This paper discusses the application of distributed computing technology to enhance the LSMC in American option pricing … approach implemented by Apache Spark, can be used to improve the efficiency and accuracy of LSMC in American option pricing …