Calculus: The Mathematics of Financial Markets: A Comprehensive survey of Financial Calculus
Calculus: The Mathematics of Financial Markets: A Comprehensive survey of Financial Calculus by Hayden Van Der Post
English | December 3, 2023 | ISBN: N/A | ASIN: B0CPDXGJFB | 311 pages | EPUB | 1.48 Mb
English | December 3, 2023 | ISBN: N/A | ASIN: B0CPDXGJFB | 311 pages | EPUB | 1.48 Mb
Reactive Publishing
Embark on a journey through the dynamic and intricate world of financial markets with "Calculus: The Mathematics of Financial Markets". This groundbreaking book is an essential guide for anyone aspiring to understand the complex mathematical underpinnings that drive today's financial instruments.
Perfect for students, finance professionals, and enthusiasts, this comprehensive text demystifies the sophisticated calculus concepts behind market operations. From the fundamental principles of derivatives to the advanced realms of stochastic calculus, this book presents each concept with clarity and precision.
Key Highlights:
- Foundational Concepts: Begin with a robust introduction to the derivative markets, delving into their history, purpose, and the key players shaping these landscapes.
- Diverse Financial Instruments: Explore the variety of derivatives - forwards, futures, options, and swaps - and understand their unique roles and mechanics in the financial markets.
- Calculus in Action: Witness calculus spring to life in financial modeling. The book masterfully explains how differential and integral calculus, sequences, series, and multivariable functions lay the groundwork for modeling market dynamics.
- Advanced Mathematical Techniques: Journey into high-level applications with chapters dedicated to stochastic calculus, including Brownian Motion, Itô's Lemma, and Stochastic Differential Equations. Understand how these concepts form the backbone of option pricing models and high-frequency trading strategies.
- Practical Applications: "Calculus: The Mathematics of Financial Markets" excels in bridging theory with real-world application. Each chapter provides practical examples and case studies, showing how calculus drives decision-making in trading, risk management, and portfolio construction.
- Future Perspectives: The book concludes with forward-looking insights into the future of financial markets, discussing emerging trends, technological impacts, and the evolving landscape of financial regulations.