{"product_id":"9783030106553","title":"SpringerBriefs in Quantitative Finance: Formulas and Insights for Quants, Former Physicists and Mathematicians","description":"\u003ch1\u003eSpringerBriefs in Quantitative Finance: Formulas and Insights for Quants, Former Physicists and Mathematicians\u003c\/h1\u003e \u003ch2\u003eAntonov, Alexandre; Konikov, Michael; Spector, Michael\u003c\/h2\u003e \u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eFocusing on recent advances in option pricing under the SABR model, this book shows how to price options under this model in an arbitrage-free, theoretically consistent manner. It extends SABR to a negative rates environment, and shows how to generalize it to a similar model with additional degrees of freedom, allowing simultaneous model calibration to swaptions and CMSs.\u003c\/p\u003e\n\n\u003cp\u003eSince the SABR model is used on practically every trading floor to construct interest rate options volatility cubes in an arbitrage-free manner, a careful treatment of it is extremely important. The book will be of interest to experienced industry practitioners, as well as to students and professors in academia.\u003cbr\u003e\u003c\/p\u003eAimed mainly at financial industry practitioners (for example quants and former physicists) this book will also be interesting to mathematicians who seek intuition in the mathematical finance.\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e \u003ch3\u003eDetails\u003c\/h3\u003e \u003cp\u003ePublished by: Springer\u003c\/p\u003e \u003cp\u003ePublication Date: 2019-05-02\u003c\/p\u003e \u003cp\u003eFormat: Paperback\u003c\/p\u003e \u003cp\u003eISBN-13: 9783030106553\u003c\/p\u003e \u003cp\u003eDOI: 10.1007\/978-3-030-10656-0\u003c\/p\u003e \u003cp\u003eDimensions: 235cm x155cm\u003c\/p\u003e \u003cp\u003ePages: 127\u003c\/p\u003e ","brand":"Springer International Publishing","offers":[{"title":"Default Title","offer_id":46547421233292,"sku":"9783030106553","price":71.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0710\/9545\/1788\/files\/9783030106553.jpg?v=1775825615","url":"https:\/\/lateknightbooks.com\/products\/9783030106553","provider":"Late Knight Books and Services, LLC","version":"1.0","type":"link"}