This paper aims to investigate the econometric nuances of financial engineering innovations in emerging capital markets. Financial globalisation and integration of financial markets, along with a series of intrinsic factors such as more specialized risk management strategies, pronounced...

As argued by Ebenfeld, Mayr and Topper (2002), Onion options may be decomposed into one-touch double barrier binary options (ODBs). Using this idea, these authors provide an arbitrage-free pricing formula for Onion options within the Black-Scholes framework. Their approach rests upon solving the...

In this paper we used a refined approach to estimating the implied volatility from options price in the classic framework developed by Black and Scholes (1973) and Merton (1973). Our study extend the formula previously developed by Corrado and Miller (1996) which works well for the Index options...

By methods of wave dynamics nonlinear equations for economic dynamical processes are derived. They deal both with the transition probabilities of Markov diffusion processes and the ones of random functions values. By using the mean curves of variations of random functions values with respect to...