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und dem Hedging von Derivaten wird zunehmend Maschinelles Lernen eingesetzt. Natürlich werden auch Änderungen im …
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Written by leading market risk academic, Professor Carol Alexander, Pricing, Hedging and Trading Financial Instruments … the models that are used for pricing and the strategies that are used for hedging financial instruments, and to the …
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Purpose – The paper was written with the intention of drawing attention to a fundamental dysfunction that is widespread in large organizations today – a myopic focus on maximizing shareholder value. Design/methodology/approach – The paper identifies the source of the dysfunction, the...
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significant hedging and portfolio diversification opportunities to investors and portfolio managers across the asset classes …, proven by the hedging effectiveness analyses. Social implications This study provides implications for policymakers focusing …
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Key Features:Unique focus on hedging and optimal martingale measuresIncludes new developments about static and dynamic … hedging schemesTreatment of popular models for asset prices like exponential Lévy processes and stochastic volatility models. …Intro -- Contents -- Preface -- 1. Introduction -- 1.1 Hedging in complete markets -- 1.1.1 Black & Scholes analysis …
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