{"product_id":"9780244741587","title":"Applied Quantitative Finance for Equity Derivatives, second edition","description":"Revised and corrected in December 2018, this book presents the most significant equity derivatives models used these days. It is not a book around esoteric or cutting-edge models, but rather a book on relatively simple and standard models, viewed from the angle of a practitioner. A few key subjects explained in this book are: cash dividends for European, American, or exotic options; issues of the Dupire local volatility model and possible fixes; finite difference techniques for American options and exotics; Non-parametric regression for American options in Monte-Carlo, randomized simulations; the particle method for stochastic-local-volatility model with quasi-random numbers; numerical methods for the variance and volatility swaps; quadratures for options under stochastic volatility models; VIX options and dividend derivatives; backward\/forward representation of exotics. This second edition adds new arbitrage-free implied volatility interpolations, and covers various warrants, such as CBBCs.","brand":"Jherek Healy","offers":[{"title":"Default Title","offer_id":45749668544830,"sku":"9780244741587","price":2691.0,"currency_code":"ZAR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4357\/7662\/products\/9780244741587_4c9b3e44-520e-41be-8ae2-e8f65aae55de.jpg?v=1707237129","url":"https:\/\/exclusivebooks.co.za\/products\/9780244741587","provider":"Exclusive Books Online","version":"1.0","type":"link"}