{"product_id":"financial-mathematics-derivatives-and-structured-raymond-h-chan-9789819995332","title":"Financial Mathematics, Derivatives and Structured Products","description":"\u003cp\u003eThis book introduces readers to the financial markets, derivatives, structured products and how the products are modelled and implemented by practitioners. In addition, it equips readers with the necessary knowledge of financial markets needed in order to work as product structurers, traders, sales or risk managers.\u003c\/p\u003e\u003cp\u003eThis second edition substantially extends, updates and clarifies the previous edition. New materials and enhanced contents include, but not limited to, the role of central counterparties for derivatives transactions, the reference rates to replace LIBOR, risk-neutral modelling for futures and forward, discussions and analysis on risk-neutral framework and numéraires, discrete dividend modelling, variance reduction techniques for Monte Carlo method, finite difference method analysis, tree method, FX modelling, multi-name credit derivatives modelling, local volatility model, forward variance model and local-stochastic volatility model to reflect market practice.\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eAs the book seeks to unify the derivatives modelling and the financial engineering practice in the market, it will be of interest to financial practitioners and academic researchers alike. The book can also be used as a textbook for the following courses: \u003c\/p\u003e\u003cp\u003e- Financial Mathematics (undergraduate level)\u003c\/p\u003e- Stochastic Modelling in Finance (postgraduate level)\u003cp\u003e\u003c\/p\u003e\u003cp\u003e- Financial Markets and Derivatives (undergraduate level)\u003c\/p\u003e\u003cp\u003e- Structured Products and Solutions (undergraduate\/postgraduate level)\u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Raymond H. Chan, Yves Zy Guo, Spike T. Lee\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 9819995337\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9789819995332\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Springer\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 06\/13\/2024\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 480\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Hardcover\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 1.95lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.21h x 6.14w x 1.13d","brand":"Raymond H. Chan","offers":[{"title":"Hardcover","offer_id":47136570147071,"sku":"9789819995332","price":69.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/files\/img_9d19bba6-9c51-4f48-8dfe-b72e435c659a.jpg?v=1755023747","url":"https:\/\/www.whiterainbookhouse.com\/products\/financial-mathematics-derivatives-and-structured-raymond-h-chan-9789819995332","provider":"WR Book House","version":"1.0","type":"link"}