Book contents
- Frontmatter
- Contents
- Preface
- Useful Abbreviations
- 1 Introduction
- 2 Analysis of Algorithms
- 3 Basic Financial Mathematics
- 4 Bond Price Volatility
- 5 Term Structure of Interest Rates
- 6 Fundamental Statistical Concepts
- 7 Option Basics
- 8 Arbitrage in Option Pricing
- 9 Option Pricing Models
- 10 Sensitivity Analysis of Options
- 11 Extensions of Options Theory
- 12 Forwards, Futures, Futures Options, Swaps
- 13 Stochastic Processes and Brownian Motion
- 14 Continuous-Time Financial Mathematics
- 15 Continuous-Time Derivatives Pricing
- 16 Hedging
- 17 Trees
- 18 Numerical Methods
- 19 Matrix Computation
- 20 Time Series Analysis
- 21 Interest Rate Derivative Securities
- 22 Term Structure Fitting
- 23 Introduction to Term Structure Modeling
- 24 Foundations of Term Structure Modeling
- 25 Equilibrium Term Structure Models
- 26 No-Arbitrage Term Structure Models
- 27 Fixed-Income Securities
- 28 Introduction to Mortgage-Backed Securities
- 29 Analysis of Mortgage-Backed Securities
- 30 Collateralized Mortgage Obligations
- 31 Modern Portfolio Theory
- 32 Software
- 33 Answers to Selected Exercises
- Bibliography
- Glossary of Useful Notations
- Index
32 - Software
Published online by Cambridge University Press: 19 September 2009
- Frontmatter
- Contents
- Preface
- Useful Abbreviations
- 1 Introduction
- 2 Analysis of Algorithms
- 3 Basic Financial Mathematics
- 4 Bond Price Volatility
- 5 Term Structure of Interest Rates
- 6 Fundamental Statistical Concepts
- 7 Option Basics
- 8 Arbitrage in Option Pricing
- 9 Option Pricing Models
- 10 Sensitivity Analysis of Options
- 11 Extensions of Options Theory
- 12 Forwards, Futures, Futures Options, Swaps
- 13 Stochastic Processes and Brownian Motion
- 14 Continuous-Time Financial Mathematics
- 15 Continuous-Time Derivatives Pricing
- 16 Hedging
- 17 Trees
- 18 Numerical Methods
- 19 Matrix Computation
- 20 Time Series Analysis
- 21 Interest Rate Derivative Securities
- 22 Term Structure Fitting
- 23 Introduction to Term Structure Modeling
- 24 Foundations of Term Structure Modeling
- 25 Equilibrium Term Structure Models
- 26 No-Arbitrage Term Structure Models
- 27 Fixed-Income Securities
- 28 Introduction to Mortgage-Backed Securities
- 29 Analysis of Mortgage-Backed Securities
- 30 Collateralized Mortgage Obligations
- 31 Modern Portfolio Theory
- 32 Software
- 33 Answers to Selected Exercises
- Bibliography
- Glossary of Useful Notations
- Index
Summary
Test everything. Hold on to the good.
I Thessalonians 5:21Web Programming
The software for the book is Web-centric in that a reasonably updated Web browser is all that is needed to run it. The software is transferred to the user when clicked; no installation is necessary. As the collection of software expands, The Capitals Web page will reflect that. This new medium of software distribution excels the traditional way of bundling software with each book in a floppy disk or a CD-ROM [705].
The Web promises to be a platform that is independent of the computer's operating system and hardware. That means a program or document written in HTML (Hypertext Markup Language [167]) can be run everywhere, and the author is relieved from worrying about the potentially infinite number of computer systems that may access the code. As of now, this promise is not yet fully realized. To start with, the same document or program often elicits different behaviors from browsers of various companies or even browsers of the same family but with different versions. Browsers may implement only a subset of the standard plus a few nonstandard features. Additional complications are the possible versions of Java shipped with the browser and window systems running on top of the operating system. Fortunately, in most cases these problems are either inessential or can be avoided by upgrading the browser and not using nonstandard features.
- Type
- Chapter
- Information
- Financial Engineering and ComputationPrinciples, Mathematics, Algorithms, pp. 480 - 483Publisher: Cambridge University PressPrint publication year: 2001