Option pricing is one of the most important issues while dealing with this sort of terminal assets. At present, the probabilistic Black–Scholes model and the binominal Cox–Ross–Rubinstein model are the most popular and widely used to this end. Therefore, the paper discusses the impact of...

This paper further develops the standard modelling of information exchange between firms in the presence of demand uncertainty which applies to firms in new industries and insecure regions or markets. We replace the normal distribution of the random variables, commonly used because of its...

We discuss the origins and the possible reasons for the sudden death of the VOLAX contract.

We analyze the implied volatility surface structure of ODAX options as traded on DTB (currently Eurex). We apply PCA to cross sections of the implied volatility surface taken along the same moneyness (m) or the same time to maturity (T). For data from the period October 3rd 1997 – November...