Financial Calculus: An Introduction to Derivative Pricing

4 avg rating
( 60 ratings by Goodreads )
 
9780521552899: Financial Calculus: An Introduction to Derivative Pricing
View all copies of this ISBN edition:
 
 

Here is the first rigorous and accessible account of the mathematics behind the pricing, construction, and hedging of derivative securities. With mathematical precision and in a style tailored for market practioners, the authors describe key concepts such as martingales, change of measure, and the Heath-Jarrow-Morton model. Starting from discrete-time hedging on binary trees, the authors develop continuous-time stock models (including the Black-Scholes method). They stress practicalities including examples from stock, currency and interest rate markets, all accompanied by graphical illustrations with realistic data. The authors provide a full glossary of probabilistic and financial terms.

"synopsis" may belong to another edition of this title.

Book Description:

Here is the first rigorous and accessible account of the mathematics behind the pricing, construction and hedging of derivative securities. Key concepts are described with mathematical precision in a style tailored for market practitioners. Practicalities are stressed, including examples from stock, currency and interest rate markets, all accompanied by graphical illustrations. A full glossary of probabilistic and financial terms is provided.This up-to-date book will be an essential purchase for market practitioners, quantitative analysts, and derivatives traders, whether existing or trainees in investment banks in the major financial centres throughout the world.

Review:

"...a rigorous and accessible account of the probabilistic structure behind the pricing, construction, and hedging of derivative securities....Real examples from stock, currency, and interest rate markets are used. The text also gives a clear view and introduction to modern mathematical finance for probabilists and statisticians."
The Journal of the American Statistical Association

"This is an excellent book for anyone who want an intuitive understanding of the use of stochastic calculus in financial engineering."
riskbook.com

"About this title" may belong to another edition of this title.

Other Popular Editions of the Same Title

9780521557665: Financial Calculus: An Introduction to Derivative Pricing

Featured Edition

ISBN 10: 0521557666 ISBN 13: 9780521557665
Publisher: Cambridge University Press, 2002
Softcover

9787115140890: Financial Calculus : An Introduction to Derivative Pricing

Cambri..., 2008
Softcover

Top Search Results from the AbeBooks Marketplace

Stock Image

1.

Martin Baxter
Published by Cambridge University Press (1996)
ISBN 10: 0521552893 ISBN 13: 9780521552899
New Hardcover Quantity available: 1
Seller:
GoldenWavesOfBooks
(Fayetteville, TX, U.S.A.)

Book Description Cambridge University Press, 1996. Condition: new. Seller Inventory # HolzAbe_New_0521552893

More information about this seller | Contact this seller

Buy New
US$ 67.03
Convert currency

Add to Basket

Shipping: US$ 4.00
Within U.S.A.
Destination, rates & speeds
Stock Image

2.

Martin Baxter
Published by Cambridge University Press (1996)
ISBN 10: 0521552893 ISBN 13: 9780521552899
New Hardcover Quantity available: 1
Seller:
GoldBooks
(Austin, TX, U.S.A.)

Book Description Cambridge University Press, 1996. Condition: new. Seller Inventory # think0521552893

More information about this seller | Contact this seller

Buy New
US$ 68.51
Convert currency

Add to Basket

Shipping: US$ 3.99
Within U.S.A.
Destination, rates & speeds
Stock Image

3.

Martin Baxter, Andrew Rennie
Published by CAMBRIDGE UNIVERSITY PRESS, United Kingdom (2015)
ISBN 10: 0521552893 ISBN 13: 9780521552899
New Hardcover Quantity available: 1
Seller:
Book Depository International
(London, United Kingdom)

Book Description CAMBRIDGE UNIVERSITY PRESS, United Kingdom, 2015. Hardback. Condition: New. 17th ed. Language: English. Brand new Book. The rewards and dangers of speculating in the modern financial markets have come to the fore in recent times with the collapse of banks and bankruptcies of public corporations as a direct result of ill-judged investment. At the same time, individuals are paid huge sums to use their mathematical skills to make well-judged investment decisions. Here now is the first rigorous and accessible account of the mathematics behind the pricing, construction and hedging of derivative securities. Key concepts such as martingales, change of measure, and the Heath-Jarrow-Morton model are described with mathematical precision in a style tailored for market practitioners. Starting from discrete-time hedging on binary trees, continuous-time stock models (including Black-Scholes) are developed. Practicalities are stressed, including examples from stock, currency and interest rate markets, all accompanied by graphical illustrations with realistic data. A full glossary of probabilistic and financial terms is provided. This unique book will be an essential purchase for market practitioners, quantitative analysts, and derivatives traders. Seller Inventory # AAZ9780521552899

More information about this seller | Contact this seller

Buy New
US$ 84.10
Convert currency

Add to Basket

Shipping: FREE
From United Kingdom to U.S.A.
Destination, rates & speeds
Stock Image

4.

Martin Baxter, Andrew Rennie
Published by CAMBRIDGE UNIVERSITY PRESS, United Kingdom (2015)
ISBN 10: 0521552893 ISBN 13: 9780521552899
New Hardcover Quantity available: 10
Seller:
Book Depository hard to find
(London, United Kingdom)

Book Description CAMBRIDGE UNIVERSITY PRESS, United Kingdom, 2015. Hardback. Condition: New. 17th ed. Language: English. Brand new Book. The rewards and dangers of speculating in the modern financial markets have come to the fore in recent times with the collapse of banks and bankruptcies of public corporations as a direct result of ill-judged investment. At the same time, individuals are paid huge sums to use their mathematical skills to make well-judged investment decisions. Here now is the first rigorous and accessible account of the mathematics behind the pricing, construction and hedging of derivative securities. Key concepts such as martingales, change of measure, and the Heath-Jarrow-Morton model are described with mathematical precision in a style tailored for market practitioners. Starting from discrete-time hedging on binary trees, continuous-time stock models (including Black-Scholes) are developed. Practicalities are stressed, including examples from stock, currency and interest rate markets, all accompanied by graphical illustrations with realistic data. A full glossary of probabilistic and financial terms is provided. This unique book will be an essential purchase for market practitioners, quantitative analysts, and derivatives traders. Seller Inventory # LHB9780521552899

More information about this seller | Contact this seller

Buy New
US$ 86.92
Convert currency

Add to Basket

Shipping: FREE
From United Kingdom to U.S.A.
Destination, rates & speeds
Stock Image

5.

Baxter, Martin; Rennie, Andrew
Published by Cambridge University Press (1996)
ISBN 10: 0521552893 ISBN 13: 9780521552899
New Hardcover Quantity available: 1
Seller:
GlassFrogBooks
(Hawthorne, CA, U.S.A.)

Book Description Cambridge University Press, 1996. Condition: New. A+ Customer service! Satisfaction Guaranteed! Book is in NEW condition. Seller Inventory # 0521552893-2-1

More information about this seller | Contact this seller

Buy New
US$ 92.16
Convert currency

Add to Basket

Shipping: FREE
Within U.S.A.
Destination, rates & speeds
Stock Image

6.

Baxter, Martin
Published by Cambridge University Press (1996)
ISBN 10: 0521552893 ISBN 13: 9780521552899
New Hardcover Quantity available: 15
Print on Demand
Seller:
Paperbackshop-US
(Wood Dale, IL, U.S.A.)

Book Description Cambridge University Press, 1996. HRD. Condition: New. New Book. Shipped from UK. THIS BOOK IS PRINTED ON DEMAND. Established seller since 2000. Seller Inventory # IG-9780521552899

More information about this seller | Contact this seller

Buy New
US$ 94.37
Convert currency

Add to Basket

Shipping: FREE
Within U.S.A.
Destination, rates & speeds
Stock Image

7.

Baxter, Martin
Published by Cambridge University Press (1996)
ISBN 10: 0521552893 ISBN 13: 9780521552899
New Hardcover Quantity available: 1
Seller:
My Books Store
(Tallahassee, FL, U.S.A.)

Book Description Cambridge University Press, 1996. Condition: new. 1. Book is in NEW condition. Satisfaction Guaranteed! Fast Customer Service!!. Seller Inventory # MBSN0521552893

More information about this seller | Contact this seller

Buy New
US$ 90.39
Convert currency

Add to Basket

Shipping: US$ 3.99
Within U.S.A.
Destination, rates & speeds
Stock Image

8.

Baxter, Martin; Rennie, Andrew J. O. (union Bank Of Switzerland); Baxter, Martin W. (university Of Cambridge) & Renn; Baxter, Martin W. (university Of Cambridge); O., Baxter, Martin W. & Rennie, Andrew J.; Martin, Baxter,; O., Baxter, Martin W. & Rennie, Andrew J.; Rennie, Andrew; Andrew Rennie, Andrew Rennie
Published by Cambridge University Press (1996)
ISBN 10: 0521552893 ISBN 13: 9780521552899
New Hardcover Quantity available: 3
Seller:
GreatBookPrices
(Columbia, MD, U.S.A.)

Book Description Cambridge University Press, 1996. Condition: New. Seller Inventory # 433886-n

More information about this seller | Contact this seller

Buy New
US$ 97.74
Convert currency

Add to Basket

Shipping: US$ 2.64
Within U.S.A.
Destination, rates & speeds
Stock Image

9.

Baxter, Martin; Rennie, Andrew
Published by Cambridge University Press (1996)
ISBN 10: 0521552893 ISBN 13: 9780521552899
New Hardcover Quantity available: 1
Seller:
BennettBooksLtd
(San Diego, CA, U.S.A.)

Book Description Cambridge University Press, 1996. Condition: New. New. Seller Inventory # Q-0521552893

More information about this seller | Contact this seller

Buy New
US$ 97.62
Convert currency

Add to Basket

Shipping: US$ 4.95
Within U.S.A.
Destination, rates & speeds
Stock Image

10.

Martin Baxter/ Andrew Rennie
Published by Cambridge Univ Pr (1996)
ISBN 10: 0521552893 ISBN 13: 9780521552899
New Hardcover Quantity available: 1
Seller:
Revaluation Books
(Exeter, United Kingdom)

Book Description Cambridge Univ Pr, 1996. Hardcover. Condition: Brand New. first edition, later impression edition. 233 pages. 9.50x6.50x0.50 inches. In Stock. Seller Inventory # __0521552893

More information about this seller | Contact this seller

Buy New
US$ 94.66
Convert currency

Add to Basket

Shipping: US$ 13.93
From United Kingdom to U.S.A.
Destination, rates & speeds

There are more copies of this book

View all search results for this book