Financial Engineering

Author: Fan Longzhen
Publisher:
Publish Date: 2003-05-01
Features: Financial engineering is an emerging discipline that emerged in the late 1980s and early 1990s of the 20th century. It primarily refers to the development and design of financial products, as well as the creative resolution of various financial problems, based on modern financial theory and the comprehensive use of mathematical models, numerical calculations, and other methods. In this book, we understand financial engineering as a series of typical and practical specialized methods formed to develop new financial products and solve financial problems such as investment, financing, and risk management. This book mainly discusses four markets: the fixed-income bond market, the stock derivatives market, the foreign exchange derivatives market, and the swap market.